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Cost of moneyPortugal

Inflation rate in Portugal

How fast are prices rising where I live — or where I might?

Portugal's inflation rate is 2.34 % #11 of 126 countries on the atlas (closer to 2 % is better). Period 2025.

2.34%

Checked 21 Sept 2026Period 2025

Source: Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB)

At 2.3 % a year, prices double in about 31 years if it holds.

Inflation rate in Portugal over time

7.83 %3.50 %-0.84 %2 % target7.83 % · 2022-0.84 % · 20092000: 2.85 %2001: 4.37 %2002: 3.60 %2003: 3.22 %2004: 2.37 %2005: 2.28 %2006: 3.11 %2007: 2.45 %2008: 2.59 %2009: -0.84 %2010: 1.40 %2011: 3.65 %2012: 2.77 %2013: 0.27 %2014: -0.28 %2015: 0.49 %2016: 0.61 %2017: 1.37 %2018: 0.99 %2019: 0.34 %2020: -0.01 %2021: 1.27 %2022: 7.83 %2023: 4.31 %2024: 2.42 %2025: 2.34 %2000201220252.34 %
26 official observations, 20002025. Every point is a published value — never interpolated.
Rank
#11 of 126
closer to 2 % is better
Ranked behind
91 %
115 of 126 countries
Latest move
▼ 0.08 pp
since 2024
Below its peak
5.49 pp
peak 7.83 % in 2022
Full series
▼ 0.51 pp
since 2000

In Europe: #5 of 38vs median 3.12 %: −0.78 pp (better)

The doubling clock

At Portugal's current 2.34 % — prices double in~30 yrsAt the ~2 % target — prices double in~35 yrs
Exact compounding (ln 2 ÷ ln(1 + rate)), not the rule-of-72 shortcut — and an if-it-holds projection, not a forecast: the clock is reset by every new inflation reading. The target line is the context — most central banks aim near 2 %, where prices double about once a working life.

Among 126 countries

22 of 126 countries between -0.30 % and 1.11 %33 of 126 countries between 1.11 % and 2.52 %30 of 126 countries between 2.52 % and 3.93 %13 of 126 countries between 3.93 % and 5.34 %3 of 126 countries between 5.34 % and 6.75 %3 of 126 countries between 6.75 % and 8.16 %5 of 126 countries between 8.16 % and 9.57 %1 of 126 countries between 10.98 % and 12.39 %2 of 126 countries between 12.39 % and 13.80 %4 of 126 countries between 13.80 % and 15.21 %2 of 126 countries between 19.45 % and 20.86 %1 of 126 countries between 20.86 % and 22.27 %1 of 126 countries between 22.27 % and 23.68 %2 of 126 countries between 27.91 % and 29.32 %4 of 126 countries between 32.14 % and 33.55 %median 3.06 %Portugal: ahead of 91 % of the 126 countries with a published inflationPortugal 2.34 %-0.30 %33.55 %
Half of all 126 countries sit between 1.66 % and 4.65 %. Portugal is ahead of 91 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryInflationvs Portugal
9 Libya1.84 %−0.50 pp
10 Luxembourg2.26 %−0.08 pp
11 Portugal2.34 %
12 Cambodia2.35 %+0.01 pp
13 Kuwait2.36 %+0.02 pp

Annual CPI inflation from official statistics (World Bank, Eurostat, SSB). Ranked and coloured by distance from the ~2 % target most central banks aim for — deflation is not "winning".

How to read this figure

Annual change in the consumer price index — how much more the same basket costs than a year ago. Derived from official index levels (World Bank collection); one number for the whole country, so your personal basket may run hotter or colder. Ranked and coloured by distance from the ~2 % target most central banks aim for: deflation is a warning sign, not a win, so the greenest countries sit NEAR the target — not at the lowest number.

Next, about Portugal

Money's valuePrice levelReal policy rateAverage monthly salary
Inflation rate, all countries ranked →Compare Portugal with another country →Everything about Portugal
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