Portugal vs Germany: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Portugal and Germany from 2000 to 2025, based on World Bank CPI data.

Cumulative inflation in Portugal was 64.3% between 2000 and 2025, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Germany was 49.1%.

VS

Portugal

EUR
+64.3% Total Inflation
2.09% Avg Annual Rate
-39.1% Purchasing Power Lost
VS

Germany

EUR
+49.1% Total Inflation
1.61% Avg Annual Rate
-32.9% Purchasing Power Lost
🏆
Germany had lower cumulative inflation — 15.2 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Portugal CPI Portugal (Change) Germany CPI Germany (Change)
2000 78.53 - 85.70 -
2001 81.96 +4.4% 87.40 +2.0%
2002 84.92 +3.6% 88.64 +1.4%
2003 87.65 +3.2% 89.56 +1.0%
2004 89.72 +2.4% 91.05 +1.7%
2005 91.76 +2.3% 92.46 +1.5%
2006 94.62 +3.1% 93.92 +1.6%
2007 96.94 +2.5% 96.07 +2.3%
2008 99.45 +2.6% 98.60 +2.6%
2009 98.62 -0.8% 98.91 +0.3%
2010 100.00 +1.4% 100.00 +1.1%
2011 103.65 +3.7% 102.08 +2.1%
2012 106.53 +2.8% 104.13 +2.0%
2013 106.82 +0.3% 105.69 +1.5%
2014 106.52 -0.3% 106.65 +0.9%
2015 107.04 +0.5% 107.20 +0.5%
2016 107.69 +0.6% 107.73 +0.5%
2017 109.17 +1.4% 109.35 +1.5%
2018 110.25 +1.0% 111.25 +1.7%
2019 110.62 +0.3% 112.85 +1.4%
2020 110.61 0.0% 105.22 -6.8%
2021 112.01 +1.3% 110.38 +4.9%
2022 120.78 +7.8% 119.34 +8.1%
2023 125.99 +4.3% 123.77 +3.7%
2024 129.04 +2.4% 127.04 +2.6%
2025 - - 127.78 +0.6%

Inflation by Decade: Portugal vs Germany

Year-by-year CPI and inflation for Portugal and Germany, 2000–2025
Year Portugal (Total Inflation) Portugal (Avg Annual Rate) Germany (Total Inflation) Germany (Avg Annual Rate)
1960s +45.6% 4.26% +24.7% 2.49%
1970s +372.6% 18.83% +55.6% 5.03%
1980s +320.9% 17.32% +25.9% 2.59%
1990s +59.2% 5.30% +25.2% 2.53%
2000s +25.6% 2.56% +15.4% 1.61%
2010s +10.6% 1.13% +12.9% 1.35%
2020s +16.7% 3.93% +21.4% 3.96%

The inflation gap between Portugal and Germany widened to 15.2 percentage points from 2000 to 2025.

€100 in Portugal in 2000 lost roughly the same relative value as €90.74 in Germany.

Portugal's highest annual inflation was 7.8% in 2022; Germany's was 8.1% in 2022.

Frequently Asked Questions

Which had higher inflation, Portugal or Germany?

Between 2000 and 2025, Portugal had higher cumulative inflation (64.31%) than Germany (49.1%), according to World Bank CPI data.

What was cumulative inflation in Portugal from 2000 to 2025?

Prices in Portugal rose 64.31% cumulatively, an average of 2.09% per year.

What was cumulative inflation in Germany from 2000 to 2025?

Prices in Germany rose 49.1% cumulatively, an average of 1.61% per year.

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Between 2000 and 2025, Germany had lower cumulative inflation (49.1%) than Portugal (64.3%).

Source: World Bank, CPI (FP.CPI.TOTL)
Data verified: January 17, 2026 · How to cite this

Main version of this comparison: Germany vs Portugal

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