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Excessive Deficit Procedure (2nd notification for 2019)
Excessive deficit procedure
Excessive Deficit Procedure (2nd notification for 2019) - 2019
23 September 2019

Summary

According to EU regulations, Statistics Portugal presents the second notification for 2019 associated with the Excessive Deficit Procedure (EDP) to be sent to Eurostat before the end of the month. According to these provisional results, consistent with the Portuguese National Accounts benchmark year 2016, the net borrowing of General Government (GG) in 2018 amounted to € 910.9 million, corresponding to 0.4% of GDP (3.0% in 2017). Gross debt of GG attained 122.2% of GDP in 2018.


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