Portugal
Inflation in Portugal
Inflation in Portugal: 5.9% a year in 1980 and 2.2% a year in 2025, by IMF estimates.
- Latest, 2025
- 2.2% a year
- Since 1980
- −3.7 percentage points
- Rank, 2025
- 111 of 179
- counting from the highest
- Projected, 2031
- 1.9% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 1.9% a year in 2031.
- The highest was 29.3% a year in 1984, the lowest -0.9% a year in 2009.
Every year
% a year · IMF
| Year | Portugal |
|---|---|
| 2025 | 2.2 |
| 2024 | 2.7 |
| 2023 | 5.3 |
| 2022 | 8.1 |
| 2021 | 0.9 |
| 2020 | -0.1 |
| 2019 | 0.3 |
| 2018 | 1.2 |
| 2017 | 1.6 |
| 2016 | 0.6 |
| 2015 | 0.5 |
| 2014 | -0.2 |
| 2013 | 0.4 |
| 2012 | 2.8 |
| 2011 | 3.6 |
| 2010 | 1.4 |
| 2009 | -0.9 |
| 2008 | 2.6 |
| 2007 | 2.4 |
| 2006 | 3 |
| 2005 | 2.1 |
| 2004 | 2.5 |
| 2003 | 3.2 |
| 2002 | 3.7 |
| 2001 | 4.4 |
| 2000 | 2.8 |
| 1999 | 2.2 |
| 1998 | 2.2 |
| 1997 | 1.9 |
| 1996 | 2.9 |
| 1995 | 4 |
| 1994 | 5 |
| 1993 | 5.9 |
| 1992 | 8.9 |
| 1991 | 11.4 |
| 1990 | 13.4 |
| 1989 | 12.6 |
| 1988 | 9.6 |
| 1987 | 9.4 |
| 1986 | 11.7 |
| 1985 | 19.3 |
| 1984 | 29.3 |
| 1983 | 25.1 |
| 1982 | 22.7 |
| 1981 | 21.2 |
| 1980 | 5.9 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Portugal |
|---|---|
| 2026 | 3.2 |
| 2027 | 3 |
| 2028 | 2.1 |
| 2029 | 2.1 |
| 2030 | 1.9 |
| 2031 | 1.9 |
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Portugal in numbers
Every measure for Portugal on one page
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Military
- Military spending1.71% of GDP in 2025
- Military spending in US dollars$5.51B in 2025
- Military spending per person$563 in 2025
- Military share of state spending4% of government spending in 2025
- Armed forces personnel52,000 people in 2020
- National power0.12% of world capability in 2022
- Armed forces, share of workers1.01% of the labour force in 2020
- Arms imports90 million TIV in 2025
- Arms exports1 million TIV in 2025