Portugal: cost of living

How fast are prices rising in Portugal?

Consumer prices in Portugal rose 3.6% in the year to September 2026, according to Eurostat's harmonised index of consumer prices. The rate was 3.1% in June and July and 3.6% in August.

An inflation rate shows how fast prices are changing, not how high they are. To compare price levels between countries, Eurostat publishes price level indices, which compare the cost of the same basket of goods and services with the EU average. Statistics Portugal publishes the detailed national consumer price index by category each month, but its site could not be reached on 15 October 2026.

Official sources: Eurostat: HICP monthly data, annual rate of change (prc_hicp_minr) · Eurostat: Purchasing power parities and price level indices (prc_ppp_ind)

What share of people in Portugal are at risk of poverty?

18.6% of people in Portugal were at risk of poverty or social exclusion in 2025, down from 19.7% in 2024 and 22.4% in 2021, according to Eurostat.

This EU measure counts people in any of three groups: those with income below 60% of the national median after social transfers, those who cannot afford several basic items (severe material and social deprivation), and those in households where adults work very little. The survey year usually refers to the previous year's income. Statistics Portugal publishes the national results of the same survey.

Official sources: Eurostat: Persons at risk of poverty or social exclusion (ilc_peps01n)

What is Portugal's inflation rate?

According to the IMF, consumer price inflation in Portugal was 2.3% in 2025. Since 2005 it has ranged from -0.8% (2009) to 7.8% (2022). Europe & Central Asia median: 3.7%; Portugal is 36th highest of 48. Of 165 countries with 2025 data, 101st highest.

How much do people in Portugal spend?

The World Bank puts household consumption per person in Portugal at $15,032 in 2025. That is the highest since at least 2005. It is 19th highest of 44 in Europe & Central Asia, where the median is $11,266. Of 124 countries with 2025 data, 25th highest.

What is the extreme poverty rate in Portugal?

According to the World Bank, the share of people living on less than $3.00 a day in Portugal was 0.4% in 2023. The peak was 1.0% in 2013 and the low 0.2% in 2006. It is 16th highest of 34 in Europe & Central Asia, where the median is 0.4%. Of 59 countries with 2023 data, 38th highest.

What is the poverty rate in Portugal?

16.4%: that is the share of people below the national poverty line in Portugal for 2021, according to the World Bank. Since 2005 it has ranged from 16.2% (2019) to 19.5% (2013). It is 19th highest of 40 in Europe & Central Asia, where the median is 15.9%. Of 72 countries with 2021 data, 47th highest.

How unequal are incomes in Portugal?

The World Bank puts the Gini index in Portugal at 33.9 in 2023. Since 2005 it has ranged from 32.8 (2019) to 38.5 (2005). Europe & Central Asia median: 31.5; Portugal is 9th highest of 34. World rank, highest first: 29th of 59.

What is food insecurity in Portugal?

The latest figure from the FAO, for 2024, is 11.0%. Since 2015 it has ranged from 10.7% (2018) to 14.7% (2015). It is 12th highest of 45 in Europe & Central Asia, where the median is 7.6%. Worldwide: 87th of 135.