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Excessive Deficit Procedure - 1st Notification
Excessive deficit procedure
1st notification
Excessive Deficit Procedure - 1st Notification - 2023
24 March 2023


According to EU regulations, Statistics Portugal presents the first notification for 2023 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 2022 amounted to EUR 944.4 million, corresponding to 0.4% of GDP (2.9 % in 2021). Gross debt of GG attained 113.9 % of GDP in 2022 (125.4 % of GDP in 2021).

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