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Excessive Deficit Procedure - 2nd notification - 2021
Excessive deficit procedure
2nd notification - 2021
Excessive Deficit Procedure - 2nd notification - 2021
23 September 2021

Summary

According to EU regulations, Statistics Portugal presents the second notification for 2021 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 2020 amounted to EUR 11 684.2 million, corresponding to -5.8% of GDP (net lending of 0.1% in 2019). Gross debt of GG attained -5.8% of GDP in 2020 (135.2% of GDP in 2019).


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