Youth Unemployment Rate in Portugal decreased to 23.30 percent in November from 23.90 percent in October of 2020. source: EUROSTAT

Youth Unemployment Rate in Portugal averaged 20.73 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 January of 2021.

Youth Unemployment Rate in Portugal is expected to be 24.70 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 12.50 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 24.10 percent in 2022 and 23.10 percent in 2023, according to our econometric models.

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Portugal Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
23.30 23.90 41.40 11.10 1983 - 2020 percent Monthly
SA

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.80 5.60 17.50 3.70 percent [+]
Employed Persons 4802.30 4767.60 5007.40 4215.20 Thousand [+]
Unemployed Persons 379.50 391.10 927.70 174.60 Thousand [+]
Part Time Employment 485.20 456.10 678.90 456.10 Thousand [+]
Full Time Employment 4314.60 4275.10 4516.50 3725.70 Thousand [+]
Employment Rate 53.90 53.20 59.20 48.80 percent [+]
Labor Force Participation Rate 58.40 56.30 62.50 56.30 percent [+]
Long Term Unemployment Rate 2.40 1.70 9.40 1.40 percent [+]
Youth Unemployment Rate 23.30 23.90 41.40 11.10 percent [+]
Labour Costs 105.60 118.10 118.10 62.10 points [+]
Job Vacancies 8412.00 11456.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 142.74 107.78 149.34 85.00 points [+]
Wage Growth -7.50 -9.00 8.50 -12.80 percent [+]
Minimum Wages 775.83 775.83 775.83 356.72 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 -6620.00 843.00 48562.00 -31613.00 [+]
Productivity 102.10 113.00 113.00 77.80 points [+]
Employment Change -3.40 -0.50 1.30 -3.40 percent [+]