Households Debt in Portugal decreased to 66.20 percent of GDP in the first quarter of 2019 from 66.90 percent of GDP in the fourth quarter of 2018. Households Debt To GDP in Portugal averaged 48.29 percent of GDP from 1979 until 2019, reaching an all time high of 92.10 percent of GDP in the fourth quarter of 2009 and a record low of 7.60 percent of GDP in the fourth quarter of 1979.
Households Debt To GDP in Portugal is expected to be 61.10 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in Portugal to stand at 57.80 in 12 months time. In the long-term, the Portugal Households Debt To GDP is projected to trend around 54.00 percent of GDP in 2020, according to our econometric models.