Private Credit-to-GDP Gap (Quarterly): Portugal
The latest reading SOTW holds for Portugal is -24.25 percentage points of GDP for 2026-Q1, from Bank for International Settlements.
Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · PRT
Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal
This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.
- Latest
- -24.25
- percentage points of GDP · 2026-Q1
- Previous
- -27.04
- percentage points of GDP · 2025-Q4
- Earliest held
- 33.28
- percentage points of GDP · 2000-Q1
- Readings shown
- 105
- Every reading SOTW holds
Portugal · history
percentage points of GDP · Quarterly
Readings, newest first
| Period | Value (percentage points of GDP) |
|---|---|
| 2026-Q1 | -24.25 |
| 2025-Q4 | -27.04 |
| 2025-Q3 | -28.41 |
| 2025-Q2 | -30.13 |
| 2025-Q1 | -32.32 |
| 2024-Q4 | -34.96 |
| 2024-Q3 | -36.18 |
| 2024-Q2 | -37.66 |
| 2024-Q1 | -39.55 |
| 2023-Q4 | -40.24 |
| 2023-Q3 | -38.77 |
| 2023-Q2 | -39.37 |
| 2023-Q1 | -37.21 |
| 2022-Q4 | -34.59 |
| 2022-Q3 | -32.77 |
| 2022-Q2 | -30.76 |
| 2022-Q1 | -28.49 |
| 2021-Q4 | -26.34 |
| 2021-Q3 | -24.95 |
| 2021-Q2 | -24.24 |
| 2021-Q1 | -19.54 |
| 2020-Q4 | -23.86 |
| 2020-Q3 | -27.94 |
| 2020-Q2 | -32.36 |
| 2020-Q1 | -43.91 |
| 2019-Q4 | -46.41 |
| 2019-Q3 | -45.49 |
| 2019-Q2 | -46.01 |
| 2019-Q1 | -46.52 |
| 2018-Q4 | -47.13 |
| 2018-Q3 | -46.86 |
| 2018-Q2 | -47.36 |
| 2018-Q1 | -45.97 |
| 2017-Q4 | -45.08 |
| 2017-Q3 | -44.71 |
| 2017-Q2 | -43.95 |
| 2017-Q1 | -43.55 |
| 2016-Q4 | -44.20 |
| 2016-Q3 | -41.74 |
| 2016-Q2 | -39.57 |
| 2016-Q1 | -37.96 |
| 2015-Q4 | -35.50 |
| 2015-Q3 | -33.58 |
| 2015-Q2 | -30.66 |
| 2015-Q1 | -27.88 |
| 2014-Q4 | -25.48 |
| 2014-Q3 | -24.02 |
| 2014-Q2 | -21.50 |
| 2014-Q1 | -17.96 |
| 2013-Q4 | -12.63 |
| 2013-Q3 | -7.44 |
| 2013-Q2 | -1.97 |
| 2013-Q1 | 1.72 |
| 2012-Q4 | 5.30 |
| 2012-Q3 | 5.07 |
| 2012-Q2 | 4.36 |
| 2012-Q1 | 4.83 |
| 2011-Q4 | 5.78 |
| 2011-Q3 | 7.59 |
| 2011-Q2 | 8.47 |
| 2011-Q1 | 9.53 |
| 2010-Q4 | 9.61 |
| 2010-Q3 | 8.89 |
| 2010-Q2 | 12.91 |
| 2010-Q1 | 13.89 |
| 2009-Q4 | 16.55 |
| 2009-Q3 | 20.05 |
| 2009-Q2 | 21.64 |
| 2009-Q1 | 20.57 |
| 2008-Q4 | 18.46 |
| 2008-Q3 | 18.66 |
| 2008-Q2 | 19.81 |
| 2008-Q1 | 17.36 |
| 2007-Q4 | 16.31 |
| 2007-Q3 | 15.55 |
| 2007-Q2 | 16.43 |
| 2007-Q1 | 14.39 |
| 2006-Q4 | 15.78 |
| 2006-Q3 | 17.12 |
| 2006-Q2 | 19.22 |
| 2006-Q1 | 20.92 |
| 2005-Q4 | 21.70 |
| 2005-Q3 | 21.99 |
| 2005-Q2 | 24.22 |
| 2005-Q1 | 24.19 |
| 2004-Q4 | 27.32 |
| 2004-Q3 | 28.23 |
| 2004-Q2 | 29.41 |
| 2004-Q1 | 30.29 |
| 2003-Q4 | 28.74 |
| 2003-Q3 | 29.85 |
| 2003-Q2 | 32.17 |
| 2003-Q1 | 33.90 |
| 2002-Q4 | 31.71 |
| 2002-Q3 | 30.32 |
| 2002-Q2 | 30.10 |
| 2002-Q1 | 33.17 |
| 2001-Q4 | 35.24 |
| 2001-Q3 | 35.37 |
| 2001-Q2 | 35.24 |
| 2001-Q1 | 34.87 |
| 2000-Q4 | 33.11 |
| 2000-Q3 | 33.26 |
| 2000-Q2 | 33.10 |
| 2000-Q1 | 33.28 |
Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.