Portugal vs Spain: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Portugal and Spain from 2000 to 2026, based on World Bank CPI data.
Cumulative inflation in Portugal was 64.3% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).
Over the same period, cumulative inflation in Spain was 73.2%.
Portugal
EURSpain
EURCPI Comparison Chart
Year-by-Year Comparison
| Year | Portugal CPI | Portugal (Change) | Spain CPI | Spain (Change) |
|---|---|---|---|---|
| 2000 | 78.53 | - | 75.93 | - |
| 2001 | 81.96 | +4.4% | 78.65 | +3.6% |
| 2002 | 84.92 | +3.6% | 81.06 | +3.1% |
| 2003 | 87.65 | +3.2% | 83.53 | +3.0% |
| 2004 | 89.72 | +2.4% | 86.06 | +3.0% |
| 2005 | 91.76 | +2.3% | 88.96 | +3.4% |
| 2006 | 94.62 | +3.1% | 92.09 | +3.5% |
| 2007 | 96.94 | +2.5% | 94.66 | +2.8% |
| 2008 | 99.45 | +2.6% | 98.52 | +4.1% |
| 2009 | 98.62 | -0.8% | 98.23 | -0.3% |
| 2010 | 100.00 | +1.4% | 100.00 | +1.8% |
| 2011 | 103.65 | +3.7% | 103.20 | +3.2% |
| 2012 | 106.53 | +2.8% | 105.72 | +2.4% |
| 2013 | 106.82 | +0.3% | 107.21 | +1.4% |
| 2014 | 106.52 | -0.3% | 107.05 | -0.2% |
| 2015 | 107.04 | +0.5% | 106.51 | -0.5% |
| 2016 | 107.69 | +0.6% | 106.30 | -0.2% |
| 2017 | 109.17 | +1.4% | 108.38 | +2.0% |
| 2018 | 110.25 | +1.0% | 110.19 | +1.7% |
| 2019 | 110.62 | +0.3% | 110.96 | +0.7% |
| 2020 | 110.61 | 0.0% | 110.60 | -0.3% |
| 2021 | 112.01 | +1.3% | 114.02 | +3.1% |
| 2022 | 120.78 | +7.8% | 123.59 | +8.4% |
| 2023 | 125.99 | +4.3% | 127.96 | +3.5% |
| 2024 | 129.04 | +2.4% | 131.51 | +2.8% |
Inflation by Decade: Portugal vs Spain
| Year | Portugal (Total Inflation) | Portugal (Avg Annual Rate) | Spain (Total Inflation) | Spain (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +45.6% | 4.26% | +70.1% | 6.08% |
| 1970s | +372.6% | 18.83% | +258.5% | 15.24% |
| 1980s | +320.9% | 17.32% | +128.2% | 9.60% |
| 1990s | +59.2% | 5.30% | +41.5% | 3.93% |
| 2000s | +25.6% | 2.56% | +29.4% | 2.90% |
| 2010s | +10.6% | 1.13% | +11.0% | 1.16% |
| 2020s | +16.7% | 3.93% | +18.9% | 4.42% |
The inflation gap between Portugal and Spain widened to 8.9 percentage points from 2000 to 2026.
€100 in Portugal in 2000 lost roughly the same relative value as €105.41 in Spain.
Portugal's highest annual inflation was 7.8% in 2022; Spain's was 8.4% in 2022.
Frequently Asked Questions
Which had higher inflation, Portugal or Spain?
Between 2000 and 2026, Spain had higher cumulative inflation (73.2%) than Portugal (64.31%), according to World Bank CPI data.
What was cumulative inflation in Portugal from 2000 to 2026?
Prices in Portugal rose 64.31% cumulatively, an average of 2.09% per year.
What was cumulative inflation in Spain from 2000 to 2026?
Prices in Spain rose 73.2% cumulatively, an average of 2.32% per year.
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Calculate Individually
Between 2000 and 2026, Portugal had lower cumulative inflation (64.3%) than Spain (73.2%).