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Excessive Deficit Procedure
Excessive deficit procedure
1st notification
Excessive Deficit Procedure - 2024
25 March 2024


According to EU regulations, Statistics Portugal presents the first notification for 2024 associated with the Excessive Deficit Procedure (EDP) to be sent to Eurostat before the end of the month. According to these provisional results, the General Government (GG) had a positive balance, in 2023, amounting to EUR 3 193.5 million, corresponding to 1.2% of GDP (-0.3 % in 2022). Gross debt of GG attained 99.1 % of GDP in 2023 (112.4 % of GDP in 2022).

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