Portugal Interest Rate

The European Central Bank's key interest rate, the anchor for borrowing costs across the euro area, including Portugal, which has no policy rate of its own.

2.50%

No change vs Sep 2026

Oct 2026 · Monthly data

Not applicable, interest rates are not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

Explore the full Portugal economy15 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Checked hourly against official sources.

Interest Rate

Jan 1999 to Oct 2026

Source: FRED series ECBDFR · end-of-month value.

Portugal Interest Rate in context

Worked out from the published series shown above.

In Portugal, the interest rate rose by 0.50pp over the year to Oct 2026, from 2.00% in Oct 2025.

Over the past five years it has ranged from −0.50% in Oct 2021 to 4.00% in Sep 2023.

Its average since Jan 1999 is 1.10%, and the latest reading is above that.

Portugal is 6th of 17 countries in our Interest Rate by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
ECB via FRED
Series
ECBDFR
Frequency
Monthly
Unit
%
Seasonal adjustment
Not applicable, interest rates are not seasonally adjusted
Latest observation
Oct 2026
Revision status
Latest published estimate, subject to revision

This is the deposit facility rate specifically, one of the ECB's three main policy rates.

Data refreshed 2026-10-07. Figures are the latest published observations and can be revised.

More Portugal indicators

Latest readings. Open any one for its full history.

Rankings

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