Portugal's private consumption rose by 3.1% year over year in February 2026, following a revised 3.2% increase in the previous month. Personal Spending in Portugal averaged 1.89 percent from 1978 until 2026, reaching an all time high of 8.20 percent in September of 2021 and a record low of -8.60 percent in June of 2020. source: Banco de Portugal

Personal Spending in Portugal increased 3.10 percent in February of 2026 over the previous month.

Personal Spending in Portugal increased 3.10 percent in February of 2026 over the previous month. Personal Spending in Portugal is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Private Consumption YoY is projected to trend around 2.00 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Bank Lending Rate 3.78 3.80 percent Feb 2026
Consumer Confidence -18.70 -15.30 points Mar 2026
Consumer Credit 145494.40 144642.60 EUR Million Jan 2026
Consumer Spending 39034.65 38674.15 EUR Million Dec 2025
Disposable Personal Income 81383.25 78816.51 EUR Million Dec 2025
Gasoline Prices 2.22 1.99 USD/Liter Mar 2026
Households Debt to GDP 53.40 53.10 percent of GDP Sep 2025
Households Debt to Income 75.51 80.03 percent Dec 2024
Personal Savings 12.50 12.50 percent Sep 2025
Private Consumption YoY 3.10 3.20 percent Feb 2026
Retail Sales MoM 0.70 1.80 percent Feb 2026
Retail Sales YoY 4.90 4.40 percent Feb 2026


Portugal Private Consumption YoY
In Portugal, private consumption year-on-year refers to the annual change of the coincident indicator for the Portuguese personal consumption that includes eight major indicators: real private consumption; real retail trade turnover index; sales of light passenger vehicles; retail sales volume (trade survey); tourism nights spent by residents in Portugal; real industrial turnover index of consumer goods in the domestic market; households’ financial situation; and general economic situation (consumers’ survey).
Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.20 8.20 -8.60 1978 - 2026 percent Monthly
NSA