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Excessive Deficit Procedure - 2nd Notification 2022
Excessive deficit procedure
2nd notification - 2022
Excessive Deficit Procedure - 2nd Notification 2022
23 September 2022


According to EU regulations, Statistics Portugal presents the second notification for 2022 associated with the Excessive Deficit Procedure (EDP) to be sent to Eurostat before the end of the month. According to these provisional results, the net borrowing of General Government (GG) in 2021 amounted to EUR 6 215.5 million, corresponding to 2.9% of GDP (5.8 % in 2020). Gross debt of GG attained 125.5% of GDP in 2021 (134.9% of GDP in 2020).

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