Portugal's population reaches 11.42 million residents
New data from the National Statistics Institute (Instituto Nacional de Estatística or INE) shows Portugal's total resident population has grown to 11.42 million. Foreign nationals now account for 14 percent of the population, with 1.6 million foreign residents living in the country. This represents an increase of nearly 825,000 residents since 2021, driven largely by immigration.
The INE housing price index (Índice de Preços da Habitação) tracks changes in residential property transaction prices across Portugal, published quarterly by the National Statistics Institute (INE). It covers both new and existing dwellings and breaks data down by region, property type, and buyer nationality.
The index is a key reference for policymakers debating housing affordability measures, for lenders assessing mortgage risk, and for buyers and investors tracking market trends. It has shown sustained price growth since 2015, with particularly sharp increases in Lisbon, Porto, and the Algarve driven by international demand, tourism, and housing shortages.
Related INE publications include monthly housing transaction data, rental indices, and construction statistics. Together, they provide the most comprehensive picture of Portugal's property market.
