The benchmark interest rate in Portugal is set by the European Central Bank. source: European Central Bank
Interest Rate in Portugal averaged 1.71 percent from 1998 until 2023, 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. This page provides - Portugal Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Interest Rate in Portugal is expected to be 2.50 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 3.50 percent in 2023 and 2.75 percent in 2024, according to our econometric models.