Youth Unemployment Rate in Portugal increased to 21.40 percent in October from 19.60 percent in September of 2018. Youth Unemployment Rate in Portugal averaged 20.76 percent from 1983 until 2018, reaching an all time high of 41.30 percent in February of 2013 and a record low of 11.10 percent in March of 1991.
Youth Unemployment Rate in Portugal is expected to be 19.50 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 18.40 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 16.50 percent in 2020, according to our econometric models.