Youth Unemployment Rate in Portugal decreased to 16.40 percent in February from 17.60 percent in January of 2019. Youth Unemployment Rate in Portugal averaged 20.73 percent from 1983 until 2019, 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.
Youth Unemployment Rate in Portugal is expected to be 16.50 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 15.00 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 12.50 percent in 2020, according to our econometric models.