Europe & Central Asia
Portugal Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
2.4%
As of 2024
YoY Change
-44.0%
2023 → 2024
Record High
31.0%
Recorded in 1977
Record Low
-0.8%
Recorded in 2009
10-Year Average
2.0%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
Portugal's inflation rate of 2.42% in 2024 is relatively low compared to historical rates, indicating a stable economy. This stability can be attributed to the country's monetary policy and its membership in the European Union. The low inflation rate also suggests that the country is experiencing a period of economic growth without significant price pressures.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 2.4% | 1.9% | -44.0% |
| 2023 | 4.3% | 3.5% | -45.0% |
| 2022 | 7.8% | 6.6% | +518.9% |
| 2021 | 1.3% | 1.3% | +10275.5% |
| 2020 | -0.0% | 0.4% | -103.7% |
| 2019 | 0.3% | 0.7% | -66.0% |
| 2018 | 1.0% | 0.4% | -27.4% |
| 2017 | 1.4% | 0.8% | +125.3% |
| 2016 | 0.6% | 0.1% | +24.5% |
| 2015 | 0.5% | 0.8% | +275.4% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Europe & Central Asia · Inflation
Similar Rankings
Global · Inflation
