Youth Unemployment Rate in Portugal decreased to 19.50 percent in May from 20.60 percent in April of 2020.
Youth Unemployment Rate in Portugal averaged 20.67 percent from 1983 until 2020, 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. This page provides the latest reported value for - Portugal Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2020.
Youth Unemployment Rate in Portugal is expected to be 21.30 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 20.50 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 20.50 percent in 2021 and 19.50 percent in 2022, according to our econometric models.