Total assets of the banking industry as percentage of GDP in Portugal 2008-2023
The total consolidated assets of domestic banking groups as a percentage of nominal gross domestic product (GDP) in Portugal decreased overall between 2008 and 2023, with the highest share measured in 2009, at around 228.8 percent. 2019 recorded the lowest value of the period considered, namely 128 percent. In 2023, the value of total banking assets amounted to 113.6 percent of the GDP.