Portugal registers the third largest debt of the European Union in relation to GDP (126%), with Greece leading (187%) and Italy in the second position (149%). Data for the second quarter of this year were released today by Eurostat.
It is followed by Belgium (115%), France (114%), Cyprus (113%) and Spain (110%).
Countries with a lower debt-to-GDP ratio are Estonia (18%), Bulgaria (21%) and Luxembourg (23%).
In absolute terms, the Portuguese debt reached a total of 259,8 billion euros. Compared to the second quarter of 2019, debt rose 5,9%. In relation to the first quarter of this year, it increased by 6,6%.
In terms of absolute values, France has the largest debt in the European Union: 2,6 billion euros. It is followed by Italy with 2,5 billion euros, Germany with 2,2 billion euros and Spain with 1,2 billion.