Harmonized Euro area rates: Deposits, Up to 1 year New Business in Portugal
Portugal: Harmonized Euro area rates: Deposits, Up to 1 year New Business was 3.12 in 2024. ◆ Volatile
Harmonized Euro area rates: Deposits, Up to 1 year New Business in Portugal, 2003–2024
Source: International Monetary Fund.
Analysis
In 2024, harmonized euro area rates: deposits, up to 1 year new business in Portugal stood at 3.12.
Compared with earlier readings it is up 19.3% on the previous year and up 233.0% over ten years.
Over the whole period, harmonized euro area rates: deposits, up to 1 year new business in Portugal peaked at 4.41 in 2008 and was at its lowest, 0.045, in 2021.
Portugal ranks 10th of 24 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Harmonized Euro area rates: Deposits, Up to 1 year New Business in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 2.27 | — |
| 2004 | 2.06 | -9.1% |
| 2005 | 2.13 | +3.2% |
| 2006 | 2.88 | +35.6% |
| 2007 | 4.04 | +40.1% |
| 2008 | 4.41 | +9.2% |
| 2009 | 1.44 | -67.5% |
| 2010 | 1.55 | +8.0% |
| 2011 | 3.62 | +133.2% |
| 2012 | 1.76 | -51.4% |
| 2013 | 1.55 | -12.0% |
| 2014 | 0.9375 | -39.5% |
| 2015 | 0.445 | -52.5% |
| 2016 | 0.2292 | -48.5% |
| 2017 | 0.2058 | -10.2% |
| 2018 | 0.1242 | -39.7% |
| 2019 | 0.0958 | -22.8% |
| 2020 | 0.0517 | -46.1% |
| 2021 | 0.045 | -12.9% |
| 2022 | 0.2617 | +481.5% |
| 2023 | 2.62 | +899.7% |
| 2024 | 3.12 | +19.3% |
Portugal compared with similar countries
- Portugal's 3.12 is above the median for Europe & Central Asia, which is 3.1, 1.0× the median. (23 countries reporting)
- Portugal's 3.12 is above the median for high income countries, which is 3.09, 1.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Harmonized Euro area rates: Deposits, Up to 1 year New Business in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +899.7% | 0.2617 | 2.62 |
| 2022 | +481.5% | 0.045 | 0.2617 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.75 | 1.44 | 4.41 | 7 |
| 2010s | 1.05 | 0.0958 | 3.62 | 10 |
| 2020s | 1.22 | 0.045 | 3.12 | 5 |
Countries ranked near Portugal
More financial sector data for Portugal
- Net domestic credit (current LCU), per capita 31,218 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.06 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 0.6873 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 430.61 million SDR (2025)
- Gold reserves at market value 39.24 billion SDR (2025)
- Reserves excluding gold, foreign exchange 7.42 billion SDR (2025)
- Reserves excluding gold 11.03 billion SDR (2025)
- Total reserves (gold at market value) 50.27 billion SDR (2025)
- Total reserves (gold at national valuation) 49.76 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,605 SDR per person (2025)
Frequently asked questions
- What is harmonized euro area rates: deposits, up to 1 year new business in Portugal?
- Harmonized euro area rates: deposits, up to 1 year new business in Portugal was 3.12 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates: deposits, up to 1 year new business recorded in Portugal?
- The highest recorded value was 4.41 in 2008.
- What is the lowest harmonized euro area rates: deposits, up to 1 year new business recorded in Portugal?
- The lowest recorded value was 0.045 in 2021.
- How does Portugal rank for harmonized euro area rates: deposits, up to 1 year new business?
- Portugal ranks 10th out of 24 countries with data for 2024.
- Is harmonized euro area rates: deposits, up to 1 year new business rising or falling in Portugal?
- Over the last ten years it is up 233.0%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro area rates: Deposits, Up to 1 year New Business, Non-financial corporations, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.