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Portugal — Inflation

Inflation, Consumer Prices (Annual %) for Portugal, 1960–2025.

Latest value · 2025
2.34%
Inflation, Consumer Prices (Annual %) · annual % · -23.3% since 1960

Inflation for Portugal was 2.34% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 31.02% in 1977. The lowest was -0.84% in 2009 (about -2.8× the low point). Across that span the compound annual growth rate works out to -0.41% per year.

Portugal ranks 118 of 187 economies on this measure (1 = highest), putting it in the top 63%. The median for Europe & Central Asia is 3.79%, so Portugal sits below it. It peaked in 1977 and has fallen 92% since. Over the last decade (2015–2025) the figure moved up 379%.

Key figures

Latest (2025)
2.34%
First (1960)
3.05%
Change
-23.3%
Highest
31.02%
in 1977
Lowest
-0.84%
in 2009
Average
7.72%
Annual growth (CAGR)
-0.41%
Years of data
66

Recent years

Yearannual %
20252.34%
20242.42%
20234.31%
20227.83%
20211.27%
2020-0.01%
20190.34%
20180.99%
20171.37%
20160.61%
20150.49%
2014-0.28%
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.