HICP - All-items excluding energy in Portugal

Portugal: HICP - All-items excluding energy was 2.4 in 2025. ◆ Volatile

Latest (2025)
2.4
Change on year
down 7.7%
World rank
24th
of 31 countries
All-time high
13.2
in 1990
All-time low
-0.2
in 2009
Years of data
38
1988–2025

HICP - All-items excluding energy in Portugal, 1988–2025

0510151988200620251988: 91989: 12.41990: 13.21991: 11.51992: 9.21993: 61994: 5.11995: 4.21996: 3.11997: 1.71998: 2.41999: 2.52000: 2.62001: 4.32002: 3.92003: 3.12004: 2.32005: 1.42006: 2.52007: 2.32008: 2.22009: -0.22010: 0.32011: 2.32012: 1.72013: 0.62014: 02015: 0.82016: 0.92017: 1.42018: 0.92019: 0.52020: 0.32021: 0.42022: 6.72023: 6.52024: 2.62025: 2.4

Source: European Central Bank.

Analysis

Portugal recorded 2.4 for hicp - all-items excluding energy in 2025.

That represents a change of down 7.7% on the previous year and up 200.0% over ten years.

Over the whole period, hicp - all-items excluding energy in Portugal peaked at 13.2 in 1990 and was at its lowest, -0.2, in 2009.

Portugal ranks 24th of 31 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

HICP - All-items excluding energy in Portugal, year by year

Annual values for HICP - All-items excluding energy (Annual average rate of change, Eurostat) in Portugal, 1988 to 2025.
Year Value Change
1988 9
1989 12.4 +37.8%
1990 13.2 +6.5%
1991 11.5 -12.9%
1992 9.2 -20.0%
1993 6 -34.8%
1994 5.1 -15.0%
1995 4.2 -17.6%
1996 3.1 -26.2%
1997 1.7 -45.2%
1998 2.4 +41.2%
1999 2.5 +4.2%
2000 2.6 +4.0%
2001 4.3 +65.4%
2002 3.9 -9.3%
2003 3.1 -20.5%
2004 2.3 -25.8%
2005 1.4 -39.1%
2006 2.5 +78.6%
2007 2.3 -8.0%
2008 2.2 -4.3%
2009 -0.2 -109.1%
2010 0.3 -250.0%
2011 2.3 +666.7%
2012 1.7 -26.1%
2013 0.6 -64.7%
2014 0 -100.0%
2015 0.8
2016 0.9 +12.5%
2017 1.4 +55.6%
2018 0.9 -35.7%
2019 0.5 -44.4%
2020 0.3 -40.0%
2021 0.4 +33.3%
2022 6.7 +1575.0%
2023 6.5 -3.0%
2024 2.6 -60.0%
2025 2.4 -7.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.7 9 12.4 2
1990s 5.89 1.7 13.2 10
2000s 2.44 -0.2 4.3 10
2010s 0.94 0 2.3 10
2020s 3.15 0.3 6.7 6

Countries ranked near Portugal

  1. 22 Spain 2.6 compare
  2. 22 Malta 2.6 compare
  3. 24 Finland 2.4 compare
  4. 26 Ireland 2.3 compare
  5. 26 Italy 2.3 compare

See the full ranking of 33 places →

More economy & growth data for Portugal

All data for Portugal →

Frequently asked questions

What is hicp - all-items excluding energy in Portugal?
Hicp - all-items excluding energy in Portugal was 2.4 in 2025, according to European Central Bank.
What is the highest hicp - all-items excluding energy recorded in Portugal?
The highest recorded value was 13.2 in 1990.
What is the lowest hicp - all-items excluding energy recorded in Portugal?
The lowest recorded value was -0.2 in 2009.
How does Portugal rank for hicp - all-items excluding energy?
Portugal ranks 24th out of 31 countries with data for 2025.
Is hicp - all-items excluding energy rising or falling in Portugal?
Over the last ten years it is up 200.0%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from European Central Bank, published as part of HICP - All-items excluding energy (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - All-items excluding energy in Portugal. Statizoid, drawing on European Central Bank. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/hicp-all-items-excluding-energy-annual-average-rate-of-change-eurostat/portugal/

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About this data

Indicator
HICP - All-items excluding energy (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 972 data points, 1988–2025
Last refreshed