Employment Rate in Portugal decreased to 55.30 percent in the fourth quarter of 2019 from 55.80 percent in the third quarter of 2019. Portugal Employment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Employment Rate in Portugal averaged 55.36 percent from 1998 until 2019, reaching an all time high of 59.20 percent in the second quarter of 2002 and a record low of 48.80 percent in the first quarter of 2013. This page provides - Portugal Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Employment Rate in Portugal is expected to be 55.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Portugal to stand at 55.70 in 12 months time. In the long-term, the Portugal Employment Rate is projected to trend around 55.70 percent in 2021 and 55.90 percent in 2022, according to our econometric models.