Net lending (+) / net borrowing (-), Transactions in Portugal

Portugal: Net lending (+) / net borrowing (-), Transactions was 2.06 billion in 2025. ◆ Volatile

Latest (2025)
2.06 billion
Change on year
up 10.5%
World rank
5th
of 35 countries
All-time high
3.03 billion
in 2023
All-time low
-20.54 billion
in 2010
Years of data
27
1999–2025

Net lending (+) / net borrowing (-), Transactions in Portugal, 1999–2025

-20.0B-15.0B-10.0B-5.0B05.0B1999201220251999: -3.6B2000: -4.1B2001: -6.4B2002: -4.7B2003: -8.3B2004: -9.4B2005: -9.7B2006: -6.9B2007: -5.0B2008: -6.8B2009: -17.3B2010: -20.5B2011: -13.6B2012: -10.5B2013: -8.9B2014: -12.8B2015: -8.0B2016: -3.6B2017: -5.9B2018: -872.8M2019: 249.0M2020: -11.6B2021: -6.1B2022: -757.3M2023: 3.0B2024: 1.9B2025: 2.1B

Source: International Monetary Fund.

Analysis

The most recent figure for net lending (+) / net borrowing (-), transactions in Portugal is 2.06 billion, measured in 2025.

That represents a change of up 10.5% on the previous year and up 125.7% over ten years.

Over the whole period, net lending (+) / net borrowing (-), transactions in Portugal peaked at 3.03 billion in 2023 and was at its lowest, -20.54 billion, in 2010.

That places Portugal 5th out of 35 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Net lending (+) / net borrowing (-), Transactions in Portugal, year by year

Annual values for Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government) in Portugal, 1999 to 2025.
Year Value Change
1999 -3.63 billion
2000 -4.07 billion +12.3%
2001 -6.44 billion +58.1%
2002 -4.69 billion -27.2%
2003 -8.33 billion +77.6%
2004 -9.44 billion +13.4%
2005 -9.72 billion +2.9%
2006 -6.93 billion -28.7%
2007 -5.05 billion -27.2%
2008 -6.83 billion +35.3%
2009 -17.32 billion +153.8%
2010 -20.54 billion +18.6%
2011 -13.62 billion -33.7%
2012 -10.45 billion -23.3%
2013 -8.90 billion -14.9%
2014 -12.75 billion +43.3%
2015 -8.03 billion -37.1%
2016 -3.62 billion -54.9%
2017 -5.87 billion +62.1%
2018 -872.83 million -85.1%
2019 248.99 million -128.5%
2020 -11.56 billion -4744.3%
2021 -6.12 billion -47.1%
2022 -757.27 million -87.6%
2023 3.03 billion -500.1%
2024 1.86 billion -38.5%
2025 2.06 billion +10.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s -3.63 billion -3.63 billion -3.63 billion 1
2000s -7.88 billion -17.32 billion -4.07 billion 10
2010s -8.44 billion -20.54 billion 248.99 million 10
2020s -1.91 billion -11.56 billion 3.03 billion 6

Countries ranked near Portugal

  1. 2 Denmark 88.45 billion compare
  2. 3 Ireland 11.22 billion compare
  3. 4 Greece 3.18 billion compare
  4. 6 Cyprus 1.24 billion compare
  5. 7 Malta -545.26 million compare
  6. 8 Latvia -731.89 million compare

See the full ranking of 35 places →

More external debt data for Portugal

All data for Portugal →

Frequently asked questions

What is net lending (+) / net borrowing (-), transactions in Portugal?
Net lending (+) / net borrowing (-), transactions in Portugal was 2.06 billion in 2025, according to International Monetary Fund.
What is the highest net lending (+) / net borrowing (-), transactions recorded in Portugal?
The highest recorded value was 3.03 billion in 2023.
What is the lowest net lending (+) / net borrowing (-), transactions recorded in Portugal?
The lowest recorded value was -20.54 billion in 2010.
How does Portugal rank for net lending (+) / net borrowing (-), transactions?
Portugal ranks 5th out of 35 countries with data for 2025.
Is net lending (+) / net borrowing (-), transactions rising or falling in Portugal?
Over the last ten years it is up 125.7%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from International Monetary Fund, published as part of Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net lending (+) / net borrowing (-), Transactions in Portugal. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://debt.statizoid.com/stat/net-lending-net-borrowing-transactions-statement-of-operations-general-government/portugal/

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About this data

Indicator
Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.