Youth Unemployment Rate in Portugal remained unchanged at 19.50 percent in February from 19.50 percent in January of 2020.

Youth Unemployment Rate in Portugal averaged 20.68 percent from 1983 until 2020, reaching an all time high of 41.40 percent in February of 2013 and a record low of 11.10 percent in March of 1991. This page provides the latest reported value for - Portugal Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Youth Unemployment Rate - values, historical data and charts - was last updated on June of 2020.

Youth Unemployment Rate in Portugal is expected to be 21.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Portugal to stand at 22.30 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 21.50 percent in 2021 and 20.50 percent in 2022, according to our econometric models.

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Portugal Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
19.50 19.50 41.40 11.10 1983 - 2020 percent Monthly
SA

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 6.70 17.50 3.70 percent [+]
Employed Persons 4811.60 4818.60 5007.40 4215.20 Thousand [+]
Unemployed Persons 353.80 374.10 927.70 174.60 Thousand [+]
Part Time Employment 485.10 500.10 678.90 485.10 Thousand [+]
Full Time Employment 4380.80 4407.60 4516.50 3725.70 Thousand [+]
Employment Rate 54.70 55.30 59.20 48.80 percent [+]
Labor Force Participation Rate 58.60 59.30 62.50 58.10 percent [+]
Long Term Unemployment Rate 2.80 2.80 9.40 1.40 percent [+]
Youth Unemployment Rate 19.50 19.50 41.40 11.10 percent [+]
Labour Costs 110.60 97.80 112.50 63.20 points [+]
Job Vacancies 3142.00 7622.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 110.31 108.41 149.34 85.00 points [+]
Wage Growth 1.70 5.90 8.50 -10.10 percent [+]
Minimum Wages 740.83 700.00 740.83 356.72 EUR/Month [+]
Population 10.28 10.29 10.57 8.62 Million [+]
Retirement Age Women 66.42 66.42 66.42 65.00 [+]
Retirement Age Men 66.42 66.42 66.42 65.00 [+]
Unemployment Change 28199.00 -4996.00 35638.00 -31613.00 [+]
Wages Low Skilled 659.00 626.00 687.00 626.00 EUR/Month [+]
Wages High Skilled 1430.00 1340.00 1430.00 1340.00 EUR/Month [+]
Productivity 103.80 103.50 103.80 77.80 points [+]
Living Wage Family 990.00 960.00 990.00 800.00 EUR/Month [+]
Living Wage Individual 670.00 650.00 670.00 505.00 EUR/Month [+]
Employment Change 0.00 0.30 1.30 -3.00 percent [+]