The Bank of Portugal published updated public debt statistics for June 2025, reporting that Maastricht-defined general government debt rose by EUR 2.5 billion during the month to EUR 287.0 billion. It also reported that public debt stood at 98.1% of GDP in the second quarter of 2025. The monthly increase mainly reflected higher debt securities issuance of EUR 2.1 billion, primarily long-term, alongside increases in loans of EUR 0.2 billion and deposit liabilities of EUR 0.1 billion. General government deposit assets rose to EUR 28.2 billion, up EUR 3.9 billion from May, and net of these deposits public debt fell by EUR 1.5 billion to EUR 258.8 billion. On a quarterly basis, the debt-to-GDP ratio increased by 1.7 percentage points from the end of the previous quarter. The next update is scheduled for 1 September 2025.
Bank of Portugal 2025-08-01
Bank of Portugal updates June 2025 public debt statistics showing a EUR 2.5 billion rise and debt at 98.1% of GDP in Q2
The Bank of Portugal reported that Maastricht-defined general government debt rose by EUR 2.5 billion in June 2025, reaching EUR 287.0 billion, or 98.1% of GDP for Q2 2025. The increase was driven by EUR 2.1 billion in long-term debt securities issuance, with loans and deposit liabilities also contributing. Despite this, net public debt decreased by EUR 1.5 billion to EUR 258.8 billion due to a rise in general government deposit assets.