Bank Lending Rate in Portugal decreased to 3.51 percent in March from 3.77 percent in February of 2026. Bank Lending Rate in Portugal averaged 4.93 percent from 2003 until 2026, reaching an all time high of 8.08 percent in October of 2008 and a record low of 1.52 percent in May of 2020. source: European Central Bank
Bank Lending Rate in Portugal is expected to be 3.76 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Bank Lending Rate is projected to trend around 3.76 percent in 2027 and 3.51 percent in 2028, according to our econometric models.