Prices & public finance · Europe & Central Asia · High income
Portugal: prices, money and public finance
Inflation is 2.3% (2025), 112th of 180 in the world and 37th of 49 in Europe & Central Asia. GDP deflator is 3.9% (2025), 84th of 209 in the world and 23rd of 56 in Europe & Central Asia. Exchange rate is 0.88 (2025), 195th of 210 in the world and 48th of 57 in Europe & Central Asia.
Inflation
PortugalEurope & Central AsiaHigh incomeWorld
GDP deflator
PortugalEurope & Central AsiaHigh incomeWorld
9 indicators
Prices & public finance: Portugal in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 2.3%2025 | 112/180 | 37/49 | 2.9% | 1.4% | 0.0% | +1.8 ppsince 2015 | 3.7% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.9%2025 | 84/209 | 23/56 | 3.4% | 0.8% | 2.1% | +2.0 ppsince 2015 | 3.6% | 2.6% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 0.882025 | 195/210 | 48/57 | 1.08 | 0.75 | 0.88 | −1.8%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 22.3%2024 | 35/142 | 20/48 | 20.9% | 19.9% | 22.3% | −0.5 ppsince 2014 | 19.7% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 37.4%2024 | 25/142 | 20/48 | 35.3% | 34.6% | 37.8% | −1.0 ppsince 2014 | 34.7% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 37.2%2023 | 27/142 | 20/47 | 37.2% | 44.1% | 44.5% | −8.4 ppsince 2013 | 38.9% | 30.1% | 28.5% | |
| Private creditDomestic credit to private sector, % of GDP | 77.1%2024 | 33/169 | 13/48 | 115.0%2001 | 155.4% | 104.1% | −52.5 ppsince 2014 | 82.1% | 152.1% | 140.3% | |
| Reserves, months of importsTotal reserves in months of imports | 4.72025 | 75/165 | 20/49 | 3.2 | 2.2 | 3.5 | +92%since 2015 | 6.3 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 1.71%2025 | 79/156 | 36/47 | 1.41% | 1.60% | 1.44% | +0.1 ppsince 2015 | 2.83% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+92%4.7 in 2025
Worse than ten years ago
- Inflation+1.8 pp2.3% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Portugal and its neighbours
Countries sharing a land border with Portugal. Latest values since 2005; the highest in each row is marked.
| Indicator | Portugal | Spain |
|---|---|---|
| Inflation | 2.3%2025 | 2.7%2025 |
| GDP deflator | 3.9%2025 | 2.9%2025 |
| Exchange rate | 0.882025 | 0.882025 |
| Tax revenue | 22.3%2024 | 14.9%2024 |
| Government revenue | 37.4%2024 | 29.7%2024 |
| Government expense | 37.2%2023 | 34.0%2023 |
| Private credit | 77.1%2024 | 74.2%2024 |
| Reserves, months of imports | 4.72025 | 2.02025 |
| Military spending | 1.71%2025 | 2.13%2025 |