HICP - All-items excluding tobacco in Portugal
Portugal: HICP - All-items excluding tobacco was 2.2 in 2025. ◆ Volatile
HICP - All-items excluding tobacco in Portugal, 1996–2025
Source: European Central Bank.
Analysis
The most recent figure for hicp - all-items excluding tobacco in Portugal is 2.2, measured in 2025.
The figure is down 15.4% on the previous year and up 450.0% over ten years.
Over the whole period, hicp - all-items excluding tobacco in Portugal peaked at 8.2 in 2022 and was at its lowest, -1, in 2009.
Portugal ranks 22nd of 31 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - All-items excluding tobacco in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 2.9 | — |
| 1997 | 1.8 | -37.9% |
| 1998 | 2.2 | +22.2% |
| 1999 | 2.1 | -4.5% |
| 2000 | 2.9 | +38.1% |
| 2001 | 4.4 | +51.7% |
| 2002 | 3.6 | -18.2% |
| 2003 | 3.2 | -11.1% |
| 2004 | 2.5 | -21.9% |
| 2005 | 2 | -20.0% |
| 2006 | 2.8 | +40.0% |
| 2007 | 2.3 | -17.9% |
| 2008 | 2.5 | +8.7% |
| 2009 | -1 | -140.0% |
| 2010 | 1.3 | -230.0% |
| 2011 | 3.4 | +161.5% |
| 2012 | 2.7 | -20.6% |
| 2013 | 0.4 | -85.2% |
| 2014 | -0.3 | -175.0% |
| 2015 | 0.4 | -233.3% |
| 2016 | 0.6 | +50.0% |
| 2017 | 1.5 | +150.0% |
| 2018 | 1.2 | -20.0% |
| 2019 | 0.3 | -75.0% |
| 2020 | -0.2 | -166.7% |
| 2021 | 0.9 | -550.0% |
| 2022 | 8.2 | +811.1% |
| 2023 | 5.3 | -35.4% |
| 2024 | 2.6 | -50.9% |
| 2025 | 2.2 | -15.4% |
Portugal compared with similar countries
- Portugal's 2.2 is below the median for Europe & Central Asia, which is 2.7, 81% of the median. (29 countries reporting)
- Portugal's 2.2 is below the median for high income countries, which is 2.6, 85% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - All-items excluding tobacco in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +811.1% | 0.9 | 8.2 |
| 2021 | +550.0% | -0.2 | 0.9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.25 | 1.8 | 2.9 | 4 |
| 2000s | 2.52 | -1 | 4.4 | 10 |
| 2010s | 1.15 | -0.3 | 3.4 | 10 |
| 2020s | 3.17 | -0.2 | 8.2 | 6 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is hicp - all-items excluding tobacco in Portugal?
- Hicp - all-items excluding tobacco in Portugal was 2.2 in 2025, according to European Central Bank.
- What is the highest hicp - all-items excluding tobacco recorded in Portugal?
- The highest recorded value was 8.2 in 2022.
- What is the lowest hicp - all-items excluding tobacco recorded in Portugal?
- The lowest recorded value was -1 in 2009.
- How does Portugal rank for hicp - all-items excluding tobacco?
- Portugal ranks 22nd out of 31 countries with data for 2025.
- Is hicp - all-items excluding tobacco rising or falling in Portugal?
- Over the last ten years it is up 450.0%. 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 tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
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