Makrognosis

Portugal Cost of borrowing for non-financial corporations (new business)

MonthlyNot seasonally adjustedCode PT.BANKRATENFC.M.NSA

Latest4.2%September 2026
Previous4.2%August 2026
Year ago3.6%September 2025

Portugal Cost of borrowing for non-financial corporations (new business) was 4.2% in September 2026, up 0.10 percentage points from August 2026 and up 0.6 percentage points from a year earlier.

That is the highest reading since February 2025.

Over the past ten years it has ranged from 1.4% (May 2020) to 5.8% (Aug 2023), averaging 3.2%.

Portugal Cost of borrowing for non-financial corporations (new business) (% per annum), Jan 2000 – Sep 20260%2%4%6%8%200020052010201520202025Robomacro
Portugal Cost of borrowing for non-financial corporations (new business) (% per annum), Jan 2000 – Sep 2026. Source: European Central Bank.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
September 20264.2%
August 20264.2%
July 20264.0%
June 20264.1%
May 20263.9%
April 20263.8%
March 20263.5%
February 20263.7%
January 20263.7%
December 20253.6%
November 20253.7%
October 20253.7%
September 20253.6%
August 20253.5%
July 20253.6%
June 20253.7%
May 20253.8%
April 20254.1%
March 20254.1%
February 20254.3%
January 20254.2%
December 20244.3%
November 20244.5%
October 20244.6%

Last 24 observations. The full history (321 observations) is available through the API.

Get Portugal Cost of borrowing for non-financial corporations (new business) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PT.BANKRATENFC.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PT.BANKRATENFC.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2000
Observations321
FrequencyMonthly
Units% per annum
AdjustmentNot seasonally adjusted
10-year high5.8% (Aug 2023)
10-year low1.4% (May 2020)
10-year average3.2%
Source agencyEuropean Central Bank
Makrognosis codePT.BANKRATENFC.M.NSA

Other Portugal indicators

Portugal GDP (Gross Domestic Product)Portugal Gross domestic product, Current prices, million EURPortugal Inflation Rate (CPI)Portugal Core Inflation RatePortugal Unemployment RatePortugal 10-Year Government Bond YieldPortugal Credit Rating & Sovereign Risk ScorePortugal Industrial ProductionPortugal Retail SalesPortugal Current account balance (BPM6, vs rest of world), not seasonally adjustedPortugal Current account balance, % of GDPPortugal Trade Balance: Goods & ServicesPortugal Exports of goods and services, Current prices, million EURPortugal Exports of goods and services, chain-linked volumePortugal Exports of goods, total trade (World), seasonally adjustedPortugal Imports of goods and services, Current prices, million EUR

FAQ

What is the current cost of borrowing for non-financial corporations (new business) in Portugal?
The latest reading is 4.2% for September 2026, published by European Central Bank.
Where does this data come from?
It is collected directly from European Central Bank and is available through the Makrognosis API under the code PT.BANKRATENFC.M.NSA.

Last updated 2026-11-03. Source: European Central Bank. Original title: “Portugal - Cost of borrowing for non-financial corporations (new business)”.