Youth Unemployment Rate in Portugal increased to 24.60 percent in January from 22.50 percent in December of 2020. source: EUROSTAT

Youth Unemployment Rate in Portugal averaged 20.74 percent from 1983 until 2021, 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 April of 2021.

Youth Unemployment Rate in Portugal is expected to be 25.40 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 26.10 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 25.30 percent in 2022 and 24.80 percent in 2023, according to our econometric models.

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Portugal Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.60 22.50 41.40 11.10 1983 - 2021 percent Monthly
SA

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.80 17.50 3.70 percent [+]
Employed Persons 4647.30 4764.80 5007.40 4215.20 Thousand [+]
Unemployed Persons 375.70 342.00 927.70 174.60 Thousand [+]
Part Time Employment 467.50 485.20 678.90 456.10 Thousand [+]
Full Time Employment 4392.10 4314.60 4516.50 3725.70 Thousand [+]
Employment Rate 54.50 53.90 59.20 48.80 percent [+]
Labor Force Participation Rate 58.70 58.40 62.50 56.30 percent [+]
Long Term Unemployment Rate 2.40 1.70 9.40 1.40 percent [+]
Youth Unemployment Rate 24.60 22.50 41.40 11.10 percent [+]
Labour Costs 123.90 105.60 123.90 62.10 points [+]
Job Vacancies 7677.00 9868.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 107.01 146.86 149.34 85.00 points [+]
Wage Growth -4.10 -6.20 8.50 -12.80 percent [+]
Minimum Wages 775.83 740.83 775.83 356.72 EUR/Month [+]
Population 10.30 10.28 10.57 8.62 Million [+]
Retirement Age Women 66.50 66.42 66.50 65.00 [+]
Retirement Age Men 66.50 66.42 66.50 65.00 [+]
Unemployment Change 3967.00 -5267.00 48562.00 -31613.00 [+]
Productivity 100.20 102.10 113.00 77.80 points [+]
Employment Change 1.20 -3.50 1.30 -3.50 percent [+]