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Inflation Rate Trends and Forecast for Portugal from 1990 to 2029

Inflation Rate Trends and Forecast for Portugal from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Portugal from 1990 to 2029. TGM StatBox.
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Key Takeaways

Portugal’s inflation was high in the early 1990s, peaking at 13.4% in 1990 as the country transitioned into the European Monetary Union. Inflation steadily declined, hitting -0.9% in 2009 during the eurozone debt crisis. The rate spiked to 8.1% in 2022 due to energy price shocks and supply chain disruptions.

Projections show inflation stabilizing at 2.0% from 2025, reflecting Portugal’s alignment with EU economic policies and successful recovery measures.

Explore related charts to gain a better understanding of Portugal’s agriculture sector share in GDP, Portugal’s services sector share in GDP, urban expansion in Portugal.

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