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.