Inflation, consumer prices in Portugal
Portugal: Inflation, consumer prices was 2.42 in 2024. ◆ Volatile
Latest (2024)
2.42
Change on year
down 44.0%
World rank
40th
of 70 countries
All-time high
31.02
in 1977
All-time low
-0.8355
in 2009
Years of data
65
1960–2024
Inflation, consumer prices in Portugal, 1960–2024
Source: UNICEF.
Analysis
Portugal recorded 2.42 for inflation, consumer prices in 2024.
Compared with earlier readings it is down 44.0% on the previous year and up 968.6% over ten years.
Over the whole period, inflation, consumer prices in Portugal peaked at 31.02 in 1977 and was at its lowest, -0.8355, in 2009.
Portugal ranks 40th of 70 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.
Inflation, consumer prices in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 3.05 | — |
| 1961 | 1.55 | -49.2% |
| 1962 | 2.66 | +71.9% |
| 1963 | 2.02 | -24.1% |
| 1964 | 3.44 | +70.4% |
| 1965 | 3.42 | -0.6% |
| 1966 | 5.04 | +47.1% |
| 1967 | 5.53 | +9.7% |
| 1968 | 6.08 | +10.0% |
| 1969 | 8.78 | +44.4% |
| 1970 | 6.38 | -27.4% |
| 1971 | 11.95 | +87.3% |
| 1972 | 10.66 | -10.7% |
| 1973 | 12.97 | +21.7% |
| 1974 | 25.08 | +93.3% |
| 1975 | 15.27 | -39.1% |
| 1976 | 21.14 | +38.4% |
| 1977 | 31.02 | +46.7% |
| 1978 | 21.04 | -32.2% |
| 1979 | 21.9 | +4.1% |
| 1980 | 15.87 | -27.5% |
| 1981 | 19.04 | +20.0% |
| 1982 | 21.68 | +13.9% |
| 1983 | 24 | +10.7% |
| 1984 | 28.38 | +18.3% |
| 1985 | 19.46 | -31.4% |
| 1986 | 12.33 | -36.6% |
| 1987 | 9.63 | -21.9% |
| 1988 | 10.1 | +4.8% |
| 1989 | 12.69 | +25.6% |
| 1990 | 13.63 | +7.4% |
| 1991 | 11.85 | -13.1% |
| 1992 | 9.56 | -19.3% |
| 1993 | 6.78 | -29.0% |
| 1994 | 5.42 | -20.1% |
| 1995 | 4.22 | -22.1% |
| 1996 | 3.07 | -27.3% |
| 1997 | 2.34 | -23.9% |
| 1998 | 2.57 | +10.1% |
| 1999 | 2.34 | -9.0% |
| 2000 | 2.85 | +21.9% |
| 2001 | 4.37 | +53.2% |
| 2002 | 3.6 | -17.6% |
| 2003 | 3.22 | -10.6% |
| 2004 | 2.37 | -26.5% |
| 2005 | 2.28 | -3.7% |
| 2006 | 3.11 | +36.5% |
| 2007 | 2.45 | -21.0% |
| 2008 | 2.59 | +5.5% |
| 2009 | -0.8355 | -132.3% |
| 2010 | 1.4 | -267.9% |
| 2011 | 3.65 | +160.5% |
| 2012 | 2.77 | -24.1% |
| 2013 | 0.2744 | -90.1% |
| 2014 | -0.2782 | -201.4% |
| 2015 | 0.4879 | -275.4% |
| 2016 | 0.6074 | +24.5% |
| 2017 | 1.37 | +125.3% |
| 2018 | 0.9937 | -27.4% |
| 2019 | 0.3382 | -66.0% |
| 2020 | -0.0124 | -103.7% |
| 2021 | 1.27 | -10275.5% |
| 2022 | 7.83 | +518.9% |
| 2023 | 4.31 | -45.0% |
| 2024 | 2.42 | -44.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.16 | 1.55 | 8.78 | 10 |
| 1970s | 17.74 | 6.38 | 31.02 | 10 |
| 1980s | 17.32 | 9.63 | 28.38 | 10 |
| 1990s | 6.18 | 2.34 | 13.63 | 10 |
| 2000s | 2.6 | -0.8355 | 4.37 | 10 |
| 2010s | 1.16 | -0.2782 | 3.65 | 10 |
| 2020s | 3.16 | -0.0124 | 7.83 | 5 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.21 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8677 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 27,836 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7678 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 24,634 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.73 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6166 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation, consumer prices in Portugal?
- Inflation, consumer prices in Portugal was 2.42 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Portugal?
- The highest recorded value was 31.02 in 1977.
- What is the lowest inflation, consumer prices recorded in Portugal?
- The lowest recorded value was -0.8355 in 2009.
- How does Portugal rank for inflation, consumer prices?
- Portugal ranks 40th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Portugal?
- Over the last ten years it is up 968.6%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
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