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Excessive Deficit Procedure
Excessive deficit procedure
2nd notification
Excessive Deficit Procedure - 2023
22 September 2023


According to EU regulations, Statistics Portugal presents the second notification for 2023 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 2022 amounted to EUR 779.1 million, corresponding to 0.3% of GDP (2.9 % in 2021). Gross debt of GG attained 112.4 % of GDP in 2022 (124.5 % of GDP in 2021).

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