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Excessive Deficit Procedure
Excessive deficit procedure
2nd notification
Excessive Deficit Procedure - 2024
23 September 2024

Summary

According to EU regulations, Statistics Portugal presents the second 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, consistent with the Portuguese National Accounts benchmark year 2021, the General Government (GG) had a positive balance, in 2023, amounting to EUR 3 246.8 million, corresponding to 1.2% of GDP (-0.3 % in 2022). Gross debt of GG attained 97.9 % of GDP in 2023 (111.2 % of GDP in 2022).


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