Youth Unemployment Rate in Portugal increased to 24 percent in April from 23 percent in March of 2021. source: EUROSTAT

Youth Unemployment Rate in Portugal averaged 20.76 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 June of 2021.

Youth Unemployment Rate in Portugal is expected to be 22.60 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 22.70 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 22.50 percent in 2022 and 22.20 percent in 2023, according to our econometric models.

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Portugal Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.00 23.00 41.40 11.10 1983 - 2021 percent Monthly
SA

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.30 18.50 3.70 percent [+]
Employed Persons 4703.90 4676.40 5007.40 4215.20 Thousand [+]
Unemployed Persons 348.70 339.50 927.70 174.60 Thousand [+]
Part Time Employment 376.80 378.70 678.90 376.80 Thousand [+]
Full Time Employment 4304.80 4351.90 4516.50 3725.70 Thousand [+]
Employment Rate 53.90 54.20 59.20 46.70 percent [+]
Labor Force Participation Rate 58.00 58.50 62.50 56.00 percent [+]
Long Term Unemployment Rate 2.40 1.70 9.40 1.40 percent [+]
Youth Unemployment Rate 24.00 23.00 41.40 11.10 percent [+]
Labour Costs 110.00 123.90 123.90 62.10 points [+]
Job Vacancies 12906.00 12050.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 112.49 113.10 149.34 85.00 points [+]
Wage Growth -5.90 -7.40 8.50 -13.00 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 1008.00 7484.00 48562.00 -31613.00 [+]
Productivity 102.60 100.20 113.00 77.80 points [+]
Employment Change 1.90 1.30 1.90 -3.50 percent [+]