Non-performing loans of government in Portugal

Portugal: Non-performing loans of government was 438.56 Million units of national currency in 2024. ▼ Falling

Latest (2024)
438.56 Million units of national currency
Change on year
down 7.0%
World rank
19th
of 35 countries
All-time high
1,894 Million units of national currency
in 2012
All-time low
438.56 Million units of national currency
in 2024
Years of data
15
2010–2024

Non-performing loans of government in Portugal, 2010–2024

5001.0k1.5k2.0k2010201720242010: 1.1k Million units of national currency2011: 1.1k Million units of national currency2012: 1.9k Million units of national currency2013: 1.7k Million units of national currency2014: 1.5k Million units of national currency2015: 1.8k Million units of national currency2016: 1.8k Million units of national currency2017: 1.8k Million units of national currency2018: 1.6k Million units of national currency2019: 1.6k Million units of national currency2020: 1.5k Million units of national currency2021: 1.5k Million units of national currency2022: 1.4k Million units of national currency2023: 471.7 Million units of national currency2024: 438.6 Million units of national currency

Source: Eurostat. Measured in Million units of national currency.

Analysis

In 2024, non-performing loans of government in Portugal stood at 438.56 Million units of national currency. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 7.0% on the previous year and down 70.7% over ten years.

Over the whole period, non-performing loans of government in Portugal peaked at 1,894 Million units of national currency in 2012 and was at its lowest, 438.56 Million units of national currency, in 2024.

That places Portugal 19th out of 35 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Non-performing loans of government in Portugal, year by year

Annual values for Non-performing loans of government in Portugal, 2010 to 2024.
Year Million units of national currency Change
2010 1,138 Million units of national currency —
2011 1,137 Million units of national currency -0.1%
2012 1,894 Million units of national currency +66.5%
2013 1,690 Million units of national currency -10.7%
2014 1,497 Million units of national currency -11.4%
2015 1,829 Million units of national currency +22.1%
2016 1,807 Million units of national currency -1.2%
2017 1,756 Million units of national currency -2.8%
2018 1,629 Million units of national currency -7.2%
2019 1,586 Million units of national currency -2.6%
2020 1,537 Million units of national currency -3.1%
2021 1,467 Million units of national currency -4.5%
2022 1,432 Million units of national currency -2.4%
2023 471.74 Million units of national currency -67.1%
2024 438.56 Million units of national currency -7.0%

Portugal compared with similar countries

  • Portugal's 438.56 Million units of national currency is below the median for Europe & Central Asia, which is 842.39 Million units of national currency, 52% of the median. (26 countries reporting)
  • Portugal's 438.56 Million units of national currency is below the median for high income countries, which is 695.4 Million units of national currency, 63% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Non-performing loans of government in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2012 +66.5% 1,137 Million units of national currency 1,894 Million units of national currency
2023 -67.1% 1,432 Million units of national currency 471.74 Million units of national currency

Averages by decade

DecadeAverage LowestHighest Years
2010s 1,596 Million units of national currency 1,137 Million units of national currency 1,894 Million units of national currency 10
2020s 1,069 Million units of national currency 438.56 Million units of national currency 1,537 Million units of national currency 5

Countries ranked near Portugal

  1. 16 Croatia 695.4 Million units of national currency compare
  2. 16 Croatia 695.4 Million units of national currency compare
  3. 18 Germany 538.86 Million units of national currency compare
  4. 20 Finland 239 Million units of national currency compare
  5. 21 Belgium 196.01 Million units of national currency compare
  6. 22 Slovenia 167.82 Million units of national currency compare
  7. 22 Slovenia 167.82 Million units of national currency compare

See the full ranking of 35 places →

More reference data data for Portugal

All data for Portugal →

Frequently asked questions

What is non-performing loans of government in Portugal?
Non-performing loans of government in Portugal was 438.56 Million units of national currency in 2024, according to Eurostat.
What is the highest non-performing loans of government recorded in Portugal?
The highest recorded value was 1,894 Million units of national currency in 2012.
What is the lowest non-performing loans of government recorded in Portugal?
The lowest recorded value was 438.56 Million units of national currency in 2024.
How does Portugal rank for non-performing loans of government?
Portugal ranks 19th out of 35 countries with data for 2024.
Is non-performing loans of government rising or falling in Portugal?
Over the last ten years it is down 70.7%. The long-run trend across the full record is falling.
Where does this Portugal data come from?
The figures come from Eurostat, published as part of Non-performing loans of government. Statizoid updates them automatically from the source API.

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Non-performing loans of government in Portugal. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/non-performing-loans-of-government/portugal/

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About this data

Indicator
Non-performing loans of government
Unit
Million units of national currency
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
35 places, 463 data points, 2010–2024
Last refreshed