Total Credit to General Government, Adjusted for Breaks, for Portugal

QPTGAM770A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

94.50

Year-over-Year Change

-30.41%

Date Range

1/1/1995 - 10/1/2024

Summary

This economic indicator tracks the total credit extended to the general government sector in Portugal, adjusted for any statistical breaks in the data series. It provides insights into the government's financing and debt dynamics.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Total Credit to General Government, Adjusted for Breaks, for Portugal is a key indicator used by economists and policymakers to assess the government's reliance on credit and the overall fiscal landscape. It serves as an important input for evaluating public debt sustainability and the government's financing needs.

Methodology

This data is collected and reported by the Bank for International Settlements (BIS) based on information provided by the Portuguese central bank.

Historical Context

Trends in this indicator are closely monitored by domestic and international institutions to gauge Portugal's fiscal position and creditworthiness.

Key Facts

  • Portugal's total credit to government was 125.4% of GDP in 2021.
  • Credit to the government has increased by 10 percentage points since 2010.
  • Portugal's government debt-to-GDP ratio was 127.2% in 2021.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total credit extended to the general government sector in Portugal, including loans, debt securities, and other forms of financing, adjusted for any statistical breaks in the data series.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for evaluating Portugal's fiscal position, public debt sustainability, and the government's financing needs, which are key concerns for policymakers, investors, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Bank for International Settlements (BIS) based on information provided by the Portuguese central bank.

Q: How is this trend used in economic policy?

A: Trends in this indicator are closely monitored by domestic and international institutions, such as the European Commission and the International Monetary Fund, to assess Portugal's fiscal position and creditworthiness, which inform economic policy decisions.

Q: Are there update delays or limitations?

A: The data is typically published with a lag of several months, and there may be occasional revisions to historical values due to methodological changes or corrections.

Related Trends

Citation

U.S. Federal Reserve, Total Credit to General Government, Adjusted for Breaks, for Portugal (QPTGAM770A), retrieved from FRED.