That’s like buying 7,910,421 new cars at $30,000 each.
DebtClock.ioToggle between local currency (EUR) and USD using latest snapshot FX.
The economy of Portugal shows steady performance, with a nominal GDP of 285.2 billion € and average income of about 27,673 € per person. Low inflation at 2.42%, while the economy posted modest growth of 1.93%. Low unemployment around 6.38%, and the government runs a 1.30% fiscal surplus. The current exchange rate is 1.08 USD/EUR.
| GDP (nominal) | 285,189,290,000 € |
|---|---|
| GDP per capita | 27,673 € |
| Inflation | 2.42% |
| GDP growth | 1.93% |
| Unemployment | 6.38% |
| Budget balance | 1.30% |
| FX (USD/EUR) | 1.08 |
That’s like buying 7,910,421 new cars at $30,000 each.
Or 1,582 passenger planes enough for a global fleet.
Spending $1M a day would take 650 years to use up the entire debt.
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
| 75.95% | $ 521.6B | |
| 76.09% | $ 2.5B | |
| 76.88% | $ 308.7B | |
| 77.08% | $ 53.4B | |
| 77.55% | $ 3,912.7B |