We investigate the phase stability of Na1/2Bi1/2TiO3, a prototype lead-free relaxor material, under pressure. By means of total energy calculations within density functional theory, we study the pressure stability of several structures with polar and antipolar distortions, in-phase and out-of-phase tilts, and different chemically ordered configurations. Under positive (compressive) pressure an orthorhombic Pbnm-like phase is stabilized above 3 GPa. At negative (tensile) pressure a non-tilted polar P4mm-like phase is stable. At zero pressure two phases are coexisting. The local chemical configuration determines whether the high-pressure Pbnm-like or another tilted and polar R3c-like structure is favored. Thus, two different variants of press...