Long Term Unemployment Rate in Greece increased to 12.10 percent in the third quarter of 2019 from 12 percent in the second quarter of 2019. Greece Long Term Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Long Term Unemployment Rate in Greece averaged 9.02 percent from 1992 until 2019, 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.

Long Term Unemployment Rate in Greece is expected to be 12.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Greece to stand at 11.70 in 12 months time. In the long-term, the Greece Long Term Unemployment Rate is projected to trend around 11.70 percent in 2021, according to our econometric models.


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Greece Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.10 12.00 19.90 3.60 1992 - 2019 percent Quarterly


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.