Long Term Unemployment Rate in Greece decreased to 10 percent in the first quarter of 2021 from 10.80 percent in the fourth quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Greece averaged 9.13 percent from 1992 until 2021, reaching an all time high of 19.90 percent in the first quarter of 2014 and a record low of 3.60 percent in the second quarter of 2008. This page provides the latest reported value for - Greece Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Long Term Unemployment Rate - values, historical data and charts - was last updated on October of 2021.

Long Term Unemployment Rate in Greece is expected to be 10.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Long Term Unemployment Rate is projected to trend around 10.00 percent in 2022 and 9.60 percent in 2023, according to our econometric models.

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Greece Long Term Unemployment Rate


Greece Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 10.00 percent Mar/21 10.80 19.90 3.60
Youth Unemployment Rate 30.80 percent Aug/21 33.10 61.60 20.70
Labour Costs 95.10 points Jun/21 96.60 107.50 48.50
Minimum Wages 758.33 EUR/Month Sep/21 758.33 876.62 505.06
Population 10.72 Million Dec/20 10.72 11.12 8.30
Productivity 107.50 points Jun/21 103.90 126.20 88.90
Employment Change 2.80 percent Jun/21 -3.10 3.50 -3.80


Greece Long Term Unemployment Rate
In Greece, 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.