Portugal Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Portugal inflation rate for 2023 was 4.31%, a 3.52% decline from 2022.
- Portugal inflation rate for 2022 was 7.83%, a 6.57% increase from 2021.
- Portugal inflation rate for 2021 was 1.27%, a 1.28% increase from 2020.
- Portugal inflation rate for 2020 was -0.01%, a 0.35% decline from 2019.
| Portugal Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
4.31% |
-3.52% |
| 2022 |
7.83% |
6.57% |
| 2021 |
1.27% |
1.28% |
| 2020 |
-0.01% |
-0.35% |
| 2019 |
0.34% |
-0.66% |
| 2018 |
0.99% |
-0.37% |
| 2017 |
1.37% |
0.76% |
| 2016 |
0.61% |
0.12% |
| 2015 |
0.49% |
0.77% |
| 2014 |
-0.28% |
-0.55% |
| 2013 |
0.27% |
-2.50% |
| 2012 |
2.77% |
-0.88% |
| 2011 |
3.65% |
2.25% |
| 2010 |
1.40% |
2.24% |
| 2009 |
-0.84% |
-3.42% |
| 2008 |
2.59% |
0.13% |
| 2007 |
2.45% |
-0.65% |
| 2006 |
3.11% |
0.83% |
| 2005 |
2.28% |
-0.09% |
| 2004 |
2.37% |
-0.85% |
| 2003 |
3.22% |
-0.38% |
| 2002 |
3.60% |
-0.77% |
| 2001 |
4.37% |
1.52% |
| 2000 |
2.85% |
0.51% |
| 1999 |
2.34% |
-0.23% |
| 1998 |
2.57% |
0.24% |
| 1997 |
2.34% |
-0.73% |
| 1996 |
3.07% |
-1.15% |
| 1995 |
4.22% |
-1.20% |
| 1994 |
5.42% |
-1.36% |
| 1993 |
6.78% |
-2.78% |
| 1992 |
9.56% |
-2.29% |
| 1991 |
11.85% |
-1.78% |
| 1990 |
13.63% |
0.94% |
| 1989 |
12.69% |
2.58% |
| 1988 |
10.10% |
0.47% |
| 1987 |
9.63% |
-2.70% |
| 1986 |
12.33% |
-7.13% |
| 1985 |
19.46% |
-8.92% |
| 1984 |
28.38% |
4.38% |
| 1983 |
24.00% |
2.32% |
| 1982 |
21.68% |
2.64% |
| 1981 |
19.04% |
3.17% |
| 1980 |
15.87% |
-6.03% |
| 1979 |
21.90% |
0.86% |
| 1978 |
21.04% |
-9.98% |
| 1977 |
31.02% |
9.87% |
| 1976 |
21.14% |
5.87% |
| 1975 |
15.27% |
-9.81% |
| 1974 |
25.08% |
12.11% |
| 1973 |
12.97% |
2.31% |
| 1972 |
10.66% |
-1.28% |
| 1971 |
11.95% |
5.57% |
| 1970 |
6.38% |
-2.40% |
| 1969 |
8.78% |
2.70% |
| 1968 |
6.08% |
0.55% |
| 1967 |
5.53% |
0.49% |
| 1966 |
5.04% |
1.61% |
| 1965 |
3.42% |
-0.02% |
| 1964 |
3.44% |
1.42% |
| 1963 |
2.02% |
-0.64% |
| 1962 |
2.66% |
1.11% |
| 1961 |
1.55% |
-1.50% |
| 1960 |
3.05% |
-1.50% |
