Long Term Unemployment Rate in Portugal decreased to 2.40 percent in the first quarter of 2021 from 2.50 percent in the fourth quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Portugal averaged 4.12 percent from 1992 until 2021, reaching an all time high of 9.40 percent in the first quarter of 2013 and a record low of 1.40 percent in the first quarter of 1992. This page provides - Portugal Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Long Term Unemployment Rate - values, historical data and charts - was last updated on October of 2021.

Long Term Unemployment Rate in Portugal is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Long Term Unemployment Rate is projected to trend around 2.30 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Portugal Long Term Unemployment Rate


Portugal Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 2.40 percent Mar/21 2.50 9.40 1.40
Youth Unemployment Rate 22.60 percent Aug/21 23.40 41.60 11.10
Labour Costs 115.70 points Jun/21 108.90 123.60 62.10
Minimum Wages 775.83 EUR/Month Sep/21 775.83 775.83 356.72
Population 10.30 Million Dec/20 10.28 10.57 8.62
Productivity 98.80 points Jun/21 101.80 110.00 77.60
Employment Change -0.80 percent Mar/21 1.90 1.90 -3.50


Portugal Long Term Unemployment Rate
In Portugal, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.