The benchmark interest rate in Portugal is set by the European Central Bank. Interest Rate in Portugal averaged 1.88 percent from 1998 until 2026, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0.00 percent in March of 2016. source: European Central Bank

Interest Rate in Portugal is expected to be 2.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Interest Rate is projected to trend around 1.90 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 509455.90 508945.10 EUR Million Dec 2025
Central Bank Balance Sheet 219435.90 212268.80 EUR Million Jan 2026
Foreign Exchange Reserves 65439.29 58010.74 EUR Million Jan 2026
Interbank Rate 2.03 2.05 percent Jan 2026
ECB Interest Rate 2.15 2.15 percent Feb 2026
Loan Growth 3.60 4.30 percent Dec 2025
Loans to Private Sector 74151.00 73954.50 EUR Million Dec 2025
Money Supply M0 34876.50 35596.50 EUR Million Jan 2026
Money Supply M1 185978.10 187879.88 EUR Million Dec 2025
Money Supply M2 344674.94 342107.04 EUR Million Dec 2025
Money Supply M3 346881.85 344254.70 EUR Million Dec 2025
Private Debt to GDP 135.80 143.50 percent Dec 2024


Portugal Interest Rate
Portugal is a member of the European Union which has adopted the euro. Portugal's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.
Actual Previous Highest Lowest Dates Unit Frequency
2.15 2.15 4.75 0.00 1998 - 2026 percent Daily