Annual inflation, consumer prices in Portugal

Portugal: Annual inflation, consumer prices was 2.4% in 2024. ◆ Volatile

Latest (2024)
2.4%
Change on year
down 44.0%
World rank
134th
of 203 countries
All-time high
7.8%
in 2022
All-time low
-0.8%
in 2009
Years of data
25
2000–2024

Annual inflation, consumer prices in Portugal, 2000–2024

024682000201220242000: 2.9 %2001: 4.4 %2002: 3.6 %2003: 3.2 %2004: 2.4 %2005: 2.3 %2006: 3.1 %2007: 2.5 %2008: 2.6 %2009: -0.836 %2010: 1.4 %2011: 3.7 %2012: 2.8 %2013: 0.274 %2014: -0.278 %2015: 0.488 %2016: 0.607 %2017: 1.4 %2018: 0.994 %2019: 0.338 %2020: -0.012 %2021: 1.3 %2022: 7.8 %2023: 4.3 %2024: 2.4 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Portugal recorded 2.4% for annual inflation, consumer prices in 2024.

Compared with earlier readings it is down 44.0% on the previous year and up 968.6% over ten years.

Over the whole period, annual inflation, consumer prices in Portugal peaked at 7.8% in 2022 and was at its lowest, -0.8%, in 2009.

Portugal ranks 134th of 203 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.

Annual inflation, consumer prices in Portugal, year by year

Annual values for Annual inflation, consumer prices (%) in Portugal, 2000 to 2024.
Year % Change
2000 2.9% —
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%

Portugal compared with similar countries

  • Portugal's 2.4% is above the median for high income countries, which is 2.4%, 1.0× the median. (64 countries reporting)
  • Portugal's 2.4% is below the median for Europe & Central Asia, which is 2.8%, 87% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Annual inflation, consumer prices in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +10275.5% -0.0% 1.3%
2022 +518.9% 1.3% 7.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6% -0.8% 4.4% 10
2010s 1.2% -0.3% 3.7% 10
2020s 3.2% -0.0% 7.8% 5

Countries ranked near Portugal

  1. 131 Kiribati 2.5% compare
  2. 132 Bulgaria 2.4% compare
  3. 133 Czechia 2.4% compare
  4. 135 Singapore 2.4% compare
  5. 136 Canada 2.4% compare
  6. 137 Republic of Korea 2.3% compare
  7. 137 South Korea 2.3% compare

See the full ranking of 236 places →

More development goals data for Portugal

All data for Portugal →

Frequently asked questions

What is annual inflation, consumer prices in Portugal?
Annual inflation, consumer prices in Portugal was 2.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Portugal?
The highest recorded value was 7.8% in 2022.
What is the lowest annual inflation, consumer prices recorded in Portugal?
The lowest recorded value was -0.8% in 2009.
How does Portugal rank for annual inflation, consumer prices?
Portugal ranks 134th out of 203 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Portugal?
Over the last ten years it is up 968.6%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Portugal. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/portugal/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
236 places, 5,622 data points, 2000–2024
Last refreshed