Youth Unemployment Rate in Portugal decreased to 24 percent in September from 26.30 percent in August of 2020. source: Eurostat

Youth Unemployment Rate in Portugal averaged 20.72 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 November of 2020.

Youth Unemployment Rate in Portugal is expected to be 29.20 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 27.60 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 27.20 percent in 2021 and 26.20 percent in 2022, according to our econometric models.

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Portugal Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.00 26.30 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 4761.80 4737.40 5007.40 4215.20 Thousand [+]
Unemployed Persons 396.50 406.80 927.70 174.60 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 24.00 26.30 41.40 11.10 percent [+]
Labour Costs 118.10 99.20 118.10 62.10 points [+]
Job Vacancies 11456.00 11806.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 107.50 122.76 149.34 85.00 points [+]
Wage Growth -7.50 -9.00 8.50 -12.80 percent [+]
Minimum Wages 740.83 740.83 740.83 356.72 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 -6620.00 843.00 48562.00 -31613.00 [+]
Productivity 113.00 104.20 113.00 77.80 points [+]
Employment Change -3.40 -0.50 1.30 -3.40 percent [+]