Long Term Unemployment Rate in Spain increased to 5 percent in the third quarter of 2020 from 4.10 percent in the second quarter of 2020. source: EUROSTAT
Long Term Unemployment Rate in Spain averaged 7.15 percent from 1992 until 2020, reaching an all time high of 13.60 percent in the first quarter of 2014 and a record low of 1.50 percent in the third quarter of 2007. This page provides the latest reported value for - Spain Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Long Term Unemployment Rate - values, historical data and charts - was last updated on February of 2021.
Long Term Unemployment Rate in Spain is expected to be 7.24 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Spain to stand at 7.54 in 12 months time. In the long-term, the Spain Long Term Unemployment Rate is projected to trend around 6.94 percent in 2021 and 4.74 percent in 2022, according to our econometric models.