Portugal Policy Rate
Key information about Portugal Policy Rate
- Portugal cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.15 % pa in Jan 2025, compared with 3.15 % pa in the previous Dec 2024.
- Portugal Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Jan 2025.
- The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Jun 2022.
Portugal joined the Euro Area on January 1st, 1999, thus adopting the European Central Bank (ECB) monetary policy mechanisms.
Related information about Portugal Policy Rate
- In the latest reports, Portugal Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
- Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Portugal: ECB Harmonised) was reported at 2.68 % pa in Dec 2024.
- Portugal Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
- Its Real Effective Exchange Rate was 92.92 in Dec 2024.
View Portugal's Policy Rate from Jan 1999 to Jan 2025 in the chart:
What was Portugal's Policy Rate in Jan 2025?
Portugal cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.15 % pa in Jan 2025, compared with 3.15 % pa in the previous Dec 2024. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3.15 Jan 2025 | 3.15 Dec 2024 | 0.00 Jun 2022 | 4.75 Apr 2001 | % pa | monthly | Jan 1999 - Jan 2025 |
Policy Rate by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (% pa) | 2.75 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Algeria (% pa) | 3.00 Jan 2025 | monthly | Jan 1963 - Jan 2025 |
Argentina (%) | 28.72 Jan 2025 | monthly | Aug 1985 - Jan 2025 |
Armenia (% pa) | 7.00 Jan 2025 | monthly | May 2001 - Jan 2025 |
Australia (% pa) | 4.35 Jan 2025 | monthly | Aug 1990 - Jan 2025 |
Austria (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Azerbaijan (% pa) | 7.25 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Bahrain (% pa) | 5.25 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
Bangladesh (% pa) | 10.00 Dec 2024 | monthly | Sep 2009 - Dec 2024 |
Belarus (% pa) | 9.50 Jan 2025 | monthly | Jul 1991 - Jan 2025 |
Belgium (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Bolivia (% pa) | 3.09 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
Botswana (% pa) | 3.75 Apr 2022 | monthly | Aug 1976 - Apr 2022 |
Brazil (% pa) | 13.25 Jan 2025 | monthly | Mar 1999 - Jan 2025 |
Bulgaria (% pa) | 2.82 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
Canada (% pa) | 3.00 Jan 2025 | monthly | Dec 1992 - Jan 2025 |
Chile (% pa) | 5.00 Jan 2025 | monthly | May 1995 - Jan 2025 |
China (% pa) | 2.65 Jun 2023 | monthly | Jan 2016 - Jun 2023 |
Colombia (% pa) | 9.50 Jan 2025 | monthly | Apr 1995 - Jan 2025 |
Croatia (% pa) | 3.00 Dec 2022 | monthly | Dec 1992 - Dec 2022 |
Cyprus (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Czech Republic (% pa) | 3.00 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
Denmark (% pa) | 2.35 Jan 2025 | monthly | Aug 1914 - Jan 2025 |
Ecuador (% pa) | 9.80 Jan 2025 | monthly | Jul 1995 - Jan 2025 |
Egypt (% pa) | 27.75 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
Estonia (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
European Union (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Finland (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
France (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Georgia (% pa) | 8.00 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
Germany (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Ghana (% pa) | 29.50 May 2023 | monthly | Nov 2002 - May 2023 |
Greece (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Hong Kong SAR, China (% pa) | 4.75 Jan 2025 | monthly | Jun 1992 - Jan 2025 |
Hungary (% pa) | 6.50 Jan 2025 | monthly | Oct 1990 - Jan 2025 |
Iceland (% pa) | 10.00 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
India (% pa) | 6.50 Jan 2025 | monthly | Apr 2001 - Jan 2025 |
Indonesia (% pa) | 5.75 Jan 2025 | monthly | Jun 2015 - Jan 2025 |
Ireland (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Israel (% pa) | 4.50 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
Italy (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Ivory Coast (% pa) | 2.50 Mar 2017 | monthly | Jan 1964 - Mar 2017 |
Japan (% pa) | -0.10 Jun 2023 | monthly | Nov 2008 - Jun 2023 |
Jordan (% pa) | 7.50 Jan 2025 | monthly | Dec 1965 - Jan 2025 |
Kazakhstan (% pa) | 15.25 Jan 2025 | monthly | Feb 1992 - Jan 2025 |
Kenya (% pa) | 11.25 Jan 2025 | monthly | Jul 2003 - Jan 2025 |
South Korea (% pa) | 3.00 Jan 2025 | monthly | May 1999 - Jan 2025 |
Kosovo (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Kuwait (% pa) | 4.00 Jan 2025 | monthly | Jul 1999 - Jan 2025 |
Kyrgyzstan (% pa) | 9.00 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Laos (% pa) | 7.50 May 2023 | monthly | Dec 1992 - May 2023 |
Latvia (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Lebanon (% pa) | 10.00 Jan 2023 | monthly | Apr 1964 - Jan 2023 |
Lithuania (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Luxembourg (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Macau SAR, China (% pa) | 4.75 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
North Macedonia (% pa) | 5.35 Feb 2025 | monthly | Jan 2002 - Feb 2025 |
Malawi (% pa) | 26.00 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
Malaysia (% pa) | 3.00 Jan 2025 | monthly | Apr 2004 - Jan 2025 |
Malta (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Mauritius (% pa) | 4.50 Feb 2025 | monthly | Dec 1999 - Feb 2025 |
Mexico (% pa) | 10.00 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
Moldova (% pa) | 5.60 Jan 2025 | monthly | Feb 2001 - Jan 2025 |
Mongolia (% pa) | 10.00 Jan 2025 | monthly | Jul 2007 - Jan 2025 |
Montenegro (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Morocco (% pa) | 2.50 Jan 2025 | monthly | Jun 1995 - Jan 2025 |
Myanmar (% pa) | 7.00 2024 | yearly | 1986 - 2024 |
Nepal (% pa) | 6.50 Jan 2025 | monthly | Jul 2003 - Jan 2025 |
Netherlands (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
New Zealand (% pa) | 5.50 May 2023 | monthly | Mar 1999 - May 2023 |
Nigeria (% pa) | 27.50 Jan 2025 | monthly | Dec 2006 - Jan 2025 |
Norway (% pa) | 4.50 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
Oman (% pa) | 5.00 Feb 2025 | monthly | May 2007 - Feb 2025 |
Pakistan (% pa) | 13.00 Jan 2025 | monthly | Feb 1992 - Jan 2025 |
Paraguay (% pa) | 6.00 Jan 2025 | monthly | Jul 2010 - Jan 2025 |
Peru (% pa) | 4.75 Jan 2025 | monthly | Sep 2003 - Jan 2025 |
Philippines (% pa) | 7.00 May 2024 | monthly | Jun 2016 - May 2024 |
Poland (% pa) | 5.75 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
Portugal (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Qatar (% pa) | 5.10 Jan 2025 | monthly | Mar 2003 - Jan 2025 |
Romania (% pa) | 6.50 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
Russia (% pa) | 21.00 Jan 2025 | monthly | Sep 2013 - Jan 2025 |
Saudi Arabia (% pa) | 5.00 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Serbia (% pa) | 5.75 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Singapore (% pa) | 4.00 Jun 2023 | monthly | Jul 2005 - Jun 2023 |
Slovakia (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Slovenia (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
South Africa (% pa) | 7.50 Jan 2025 | monthly | Nov 1999 - Jan 2025 |
Spain (% pa) | 3.15 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Sri Lanka (% pa) | 7.50 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Sweden (% pa) | 2.50 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
Switzerland (% pa) | 0.45 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
Syria (% pa) | 5.00 Dec 2024 | monthly | Jan 1962 - Dec 2024 |
Taiwan (% pa) | 2.00 Jan 2025 | monthly | Jul 1961 - Jan 2025 |
Tajikistan (% pa) | 9.00 Jan 2025 | monthly | Jun 1995 - Jan 2025 |
Thailand (% pa) | 2.25 Jan 2025 | monthly | May 2000 - Jan 2025 |
Tunisia (% pa) | 8.00 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Turkey (% pa) | 45.00 Jan 2025 | monthly | Jun 1996 - Jan 2025 |
Ukraine (% pa) | 14.50 Jan 2025 | monthly | Dec 1992 - Jan 2025 |
United Arab Emirates (% pa) | 4.40 Jan 2025 | monthly | Nov 2007 - Jan 2025 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doPortugal Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | 1.0 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | 4,773.494 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Tax Revenue (USD mn) | 15,828.134 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Tax Revenue: % of GDP (%) | 22.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
National Government Debt (USD mn) | 280,150.2 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
Government Debt: % of GDP (%) | 95.3 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
Forecast: Government Expenditure (EUR bn) | 144.404 2029 | yearly | 1986 - 2029 |
Forecast: Government Net Debt (EUR bn) | 259.090 2029 | yearly | 1990 - 2029 |
Forecast: Government Revenue (EUR bn) | 145.167 2029 | yearly | 1986 - 2029 |
General Govt Gross Debt: as % of GDP (%) | 95.300 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
Government Budget: ytd: Revenue: Current: Tax: Indirect: Value Added Tax (EUR mn) | 24,151.473 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
Government Budget: ytd: Expenditure: Capital (EUR mn) | 4,654.698 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Government Budget: ytd: Balance (EUR mn) | -5,838.458 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
Government Budget: ytd: Expenditure: Current (EUR mn) | 67,382.700 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Government Budget: ytd: Revenue (EUR mn) | 66,198.940 Dec 2024 | monthly | Dec 2004 - Dec 2024 |
Government Budget: ytd: Expenditure (EUR mn) | 72,037.398 Dec 2024 | monthly | May 2009 - Dec 2024 |
Government Budget: ytd: Revenue: Current: Tax: Direct (EUR mn) | 27,675.160 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.317 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | -3,046.2 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
Total Exports (USD mn) | 5,914.8 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Total Exports Growth (%) | -2.5 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Aluminum: Exports (USD th) | 313,558.626 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,788,842.330 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 184,096.034 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 9,007.3 Apr 2023 | monthly | Jan 1993 - Apr 2023 |
Total Imports Growth (%) | 4.0 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Imports: Medicament (USD th) | 2,645,463.462 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 1,341,622.658 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 403.428 Dec 2024 | monthly | Jan 1960 - Dec 2024 |
Total Imports from USA (USD mn) | 195.310 Dec 2024 | monthly | Dec 1974 - Dec 2024 |
Total Exports to China (USD mn) | 54.020 Dec 2024 | monthly | Sep 1994 - Dec 2024 |
Total Imports from China (USD mn) | 397.504 Dec 2024 | monthly | Feb 1974 - Dec 2024 |
Exports (EUR) | 5,648,239,016.000 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Exports: Plastics and Articles (EUR mn) | 233.309 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Exports: Electrical Machinery and Equipment (EUR mn) | 474.574 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Exports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 357.878 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Exports: Vehicles Other Than Railway and Tramway (EUR mn) | 752.697 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Exports: Footwear and Gaiters (EUR mn) | 124.111 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Exports: EU: Germany (EUR mn) | 574.311 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Exports: EU: Spain (EUR mn) | 1,512.488 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Exports: EU: France (EUR mn) | 670.172 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports (EUR) | 8,557,100,414.000 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Imports: Nuclear Reactors, Boilers (EUR mn) | 801.472 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 1,116.786 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: Vehicles Other Than Railway and Tramway (EUR mn) | 990.203 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: Electrical Machinery and Equipment (EUR mn) | 803.040 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: Plastics and Articles (EUR mn) | 330.632 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: EU: Germany (EUR mn) | 887.129 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: EU: Spain (EUR mn) | 3,000.707 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: EU: France (EUR mn) | 618.247 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Imports: Non EU: United States (EUR mn) | 186.507 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Export Value Index (2015=100) | 136.577 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 146.028 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.2 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Household Debt: % of GDP (%) | 65.9 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Non-Performing Loans (USD mn) | 2,475.545 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Money Supply M1 (USD mn) | 145,231.300 Dec 2024 | monthly | Dec 1979 - Dec 2024 |
Money Supply M2 (USD mn) | 304,135.474 Dec 2024 | monthly | Dec 1979 - Dec 2024 |
M2 Growth (%) | 6.7 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
Reserve Requirement Ratio (%) | 1.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Foreign Exchange Reserves (USD mn) | 6,027.8 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Foreign Exchange Reserves: % of GDP (%) | 172.712 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 0.7 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Gold Reserves (USD mn) | 31,979.922 Dec 2024 | monthly | Dec 1956 - Dec 2024 |
Total Deposits (USD mn) | 295,508.837 Dec 2024 | monthly | Dec 1979 - Dec 2024 |
Total Deposits Growth (%) | 6.8 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
Domestic Credit (USD mn) | 340,297.9 Dec 2024 | monthly | Dec 1979 - Dec 2024 |
Domestic Credit Growth (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
Debt Service Ratio: Households (%) | 7.200 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 13.800 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Credit to Households (USD bn) | 159.183 Jun 2024 | quarterly | Dec 1979 - Jun 2024 |
Credit to Private Non-Financial Sector (USD bn) | 391.861 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
Household Debt (USD mn) | 190,497.6 Dec 2022 | quarterly | Dec 1994 - Dec 2022 |
Total Loans (USD mn) | 222,304.080 Dec 2024 | monthly | Dec 1979 - Dec 2024 |
Total Loans Growth (%) | 2.29 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
Private Debt: % of Nominal GDP (%) | 72.82 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Money Supply: M3: National Contribution: EC: M2 (EUR mn) | 293,822.310 Dec 2024 | monthly | Sep 1997 - Dec 2024 |
Money Supply: M3: National Contribution: EC: M2: M1 (EUR mn) | 140,306.540 Dec 2024 | monthly | Sep 1997 - Dec 2024 |
Official Reserve Assets: Foreign Currency Reserves (FC) (EUR mn) | 5,422.580 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Official Reserve Assets (EUR mn) | 40,859.700 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Outstanding Housing Credit (EUR) | 68,470.000 Dec 2024 | monthly | Nov 2003 - Dec 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 2.7 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Economic Sentiment Index: sa (1990-2006=100) | 107.200 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
Coincident Indicator: Economic Activity (%) | 1.600 Jan 2025 | monthly | Jan 1978 - Jan 2025 |
More Indicators for Portugal
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