Inflation, GDP deflator in Portugal
Portugal: Inflation, GDP deflator was 3.9% in 2025. ◆ Volatile
Inflation, GDP deflator in Portugal, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Portugal recorded 3.9% for inflation, gdp deflator in 2025.
That represents a change of down 19.4% on the previous year and up 99.9% over ten years.
Over the whole period, inflation, gdp deflator in Portugal peaked at 26.4% in 1977 and was at its lowest, -0.4%, in 2012.
Portugal ranks 86th of 212 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, GDP deflator in Portugal, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 1.4% | — |
| 1962 | 0.7% | -52.1% |
| 1963 | 0.6% | -16.1% |
| 1964 | 2.0% | +253.7% |
| 1965 | 3.9% | +92.8% |
| 1966 | 5.3% | +35.9% |
| 1967 | 3.9% | -25.2% |
| 1968 | 1.7% | -57.5% |
| 1969 | 7.4% | +342.2% |
| 1970 | 2.0% | -73.4% |
| 1971 | 5.0% | +155.3% |
| 1972 | 7.8% | +55.6% |
| 1973 | 9.5% | +21.3% |
| 1974 | 18.9% | +99.3% |
| 1975 | 16.2% | -14.0% |
| 1976 | 16.3% | +0.3% |
| 1977 | 26.4% | +62.2% |
| 1978 | 22.3% | -15.3% |
| 1979 | 19.4% | -13.0% |
| 1980 | 20.9% | +7.5% |
| 1981 | 17.6% | -15.8% |
| 1982 | 20.7% | +17.5% |
| 1983 | 24.6% | +18.9% |
| 1984 | 24.7% | +0.3% |
| 1985 | 21.7% | -11.9% |
| 1986 | 20.5% | -5.9% |
| 1987 | 10.1% | -50.6% |
| 1988 | 11.2% | +10.6% |
| 1989 | 10.5% | -5.8% |
| 1990 | 13.1% | +25.0% |
| 1991 | 10.1% | -23.3% |
| 1992 | 11.4% | +13.5% |
| 1993 | 7.4% | -35.6% |
| 1994 | 7.3% | -1.3% |
| 1995 | 3.4% | -52.9% |
| 1996 | 2.4% | -30.3% |
| 1997 | 3.9% | +62.5% |
| 1998 | 3.8% | -1.5% |
| 1999 | 3.4% | -11.9% |
| 2000 | 3.4% | +1.5% |
| 2001 | 3.7% | +8.6% |
| 2002 | 4.2% | +12.8% |
| 2003 | 3.4% | -18.2% |
| 2004 | 2.4% | -30.0% |
| 2005 | 3.3% | +38.9% |
| 2006 | 3.2% | -4.5% |
| 2007 | 3.0% | -6.9% |
| 2008 | 1.7% | -41.4% |
| 2009 | 1.1% | -36.8% |
| 2010 | 0.8% | -28.8% |
| 2011 | -0.3% | -133.3% |
| 2012 | -0.4% | +44.5% |
| 2013 | 2.3% | -704.2% |
| 2014 | 0.7% | -68.1% |
| 2015 | 2.0% | +170.9% |
| 2016 | 1.9% | -5.5% |
| 2017 | 1.5% | -17.4% |
| 2018 | 1.9% | +20.9% |
| 2019 | 1.8% | -1.0% |
| 2020 | 2.1% | +14.7% |
| 2021 | 2.0% | -4.0% |
| 2022 | 5.3% | +163.8% |
| 2023 | 7.5% | +40.5% |
| 2024 | 4.9% | -35.0% |
| 2025 | 3.9% | -19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.0% | 0.6% | 7.4% | 9 |
| 1970s | 14.4% | 2.0% | 26.4% | 10 |
| 1980s | 18.2% | 10.1% | 24.7% | 10 |
| 1990s | 6.6% | 2.4% | 13.1% | 10 |
| 2000s | 2.9% | 1.1% | 4.2% | 10 |
| 2010s | 1.2% | -0.4% | 2.3% | 10 |
| 2020s | 4.3% | 2.0% | 7.5% | 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)
- Industry (including construction), value added (constant 2015 US$) 1.4 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1382 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,435 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 1.4 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1309 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 4,199 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6655 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Portugal?
- Inflation, gdp deflator in Portugal was 3.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Portugal?
- The highest recorded value was 26.4% in 1977.
- What is the lowest inflation, gdp deflator recorded in Portugal?
- The lowest recorded value was -0.4% in 2012.
- How does Portugal rank for inflation, gdp deflator?
- Portugal ranks 86th out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Portugal?
- Over the last ten years it is up 99.9%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.