Inflation of consumer prices in Portugal
Portugal: Inflation of consumer prices was 2.3% in 2025. ◆ Volatile
Latest (2025)
2.3%
Change on year
down 3.3%
World rank
119th
of 190 countries
All-time high
31.0%
in 1977
All-time low
-0.8%
in 2009
Years of data
66
1960–2025
Inflation of consumer prices in Portugal, 1960–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
In 2025, inflation of consumer prices in Portugal stood at 2.3%.
That represents a change of down 3.3% on the previous year and up 378.8% over ten years.
Over the whole period, inflation of consumer prices in Portugal peaked at 31.0% in 1977 and was at its lowest, -0.8%, in 2009.
That places Portugal 119th out of 190 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation of consumer prices in Portugal, year by year
| Year | annual % | Change |
|---|---|---|
| 1960 | 3.0% | — |
| 1961 | 1.5% | -49.2% |
| 1962 | 2.7% | +71.9% |
| 1963 | 2.0% | -24.1% |
| 1964 | 3.4% | +70.4% |
| 1965 | 3.4% | -0.6% |
| 1966 | 5.0% | +47.1% |
| 1967 | 5.5% | +9.7% |
| 1968 | 6.1% | +10.0% |
| 1969 | 8.8% | +44.4% |
| 1970 | 6.4% | -27.4% |
| 1971 | 11.9% | +87.3% |
| 1972 | 10.7% | -10.7% |
| 1973 | 13.0% | +21.7% |
| 1974 | 25.1% | +93.3% |
| 1975 | 15.3% | -39.1% |
| 1976 | 21.1% | +38.4% |
| 1977 | 31.0% | +46.7% |
| 1978 | 21.0% | -32.2% |
| 1979 | 21.9% | +4.1% |
| 1980 | 15.9% | -27.5% |
| 1981 | 19.0% | +20.0% |
| 1982 | 21.7% | +13.9% |
| 1983 | 24.0% | +10.7% |
| 1984 | 28.4% | +18.3% |
| 1985 | 19.5% | -31.4% |
| 1986 | 12.3% | -36.6% |
| 1987 | 9.6% | -21.9% |
| 1988 | 10.1% | +4.8% |
| 1989 | 12.7% | +25.6% |
| 1990 | 13.6% | +7.4% |
| 1991 | 11.8% | -13.1% |
| 1992 | 9.6% | -19.3% |
| 1993 | 6.8% | -29.0% |
| 1994 | 5.4% | -20.1% |
| 1995 | 4.2% | -22.1% |
| 1996 | 3.1% | -27.3% |
| 1997 | 2.3% | -23.9% |
| 1998 | 2.6% | +10.1% |
| 1999 | 2.3% | -9.0% |
| 2000 | 2.9% | +21.9% |
| 2001 | 4.4% | +53.2% |
| 2002 | 3.6% | -17.6% |
| 2003 | 3.2% | -10.6% |
| 2004 | 2.4% | -26.5% |
| 2005 | 2.3% | -3.7% |
| 2006 | 3.1% | +36.5% |
| 2007 | 2.5% | -21.0% |
| 2008 | 2.6% | +5.5% |
| 2009 | -0.8% | -132.3% |
| 2010 | 1.4% | -267.9% |
| 2011 | 3.7% | +160.5% |
| 2012 | 2.8% | -24.1% |
| 2013 | 0.3% | -90.1% |
| 2014 | -0.3% | -201.4% |
| 2015 | 0.5% | -275.4% |
| 2016 | 0.6% | +24.5% |
| 2017 | 1.4% | +125.3% |
| 2018 | 1.0% | -27.4% |
| 2019 | 0.3% | -66.0% |
| 2020 | -0.0% | -103.7% |
| 2021 | 1.3% | -10275.5% |
| 2022 | 7.8% | +518.9% |
| 2023 | 4.3% | -45.0% |
| 2024 | 2.4% | -44.0% |
| 2025 | 2.3% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.2% | 1.5% | 8.8% | 10 |
| 1970s | 17.7% | 6.4% | 31.0% | 10 |
| 1980s | 17.3% | 9.6% | 28.4% | 10 |
| 1990s | 6.2% | 2.3% | 13.6% | 10 |
| 2000s | 2.6% | -0.8% | 4.4% | 10 |
| 2010s | 1.2% | -0.3% | 3.7% | 10 |
| 2020s | 3.0% | -0.0% | 7.8% | 6 |
Countries ranked near Portugal
- 116 Kuwait 2.4% compare
- 117 Cambodia 2.4% compare
- 118 Cape Verde 2.3% compare
- 120 San Marino 2.3% compare
- 121 Luxembourg 2.3% compare
- 122 Samoa 2.2% compare
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 of consumer prices in Portugal?
- Inflation of consumer prices in Portugal was 2.3% in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Portugal?
- The highest recorded value was 31.0% in 1977.
- What is the lowest inflation of consumer prices recorded in Portugal?
- The lowest recorded value was -0.8% in 2009.
- How does Portugal rank for inflation of consumer prices?
- Portugal ranks 119th out of 190 countries with data for 2025.
- Is inflation of consumer prices rising or falling in Portugal?
- Over the last ten years it is up 378.8%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.