Long Term Unemployment Rate in Spain remained unchanged at 4.70 percent in the fourth quarter of 2022 from 4.70 percent in the third quarter of 2022. source: EUROSTAT

Long Term Unemployment Rate in Spain averaged 7.04 percent from 1992 until 2022, reaching an all time high of 13.60 percent in the first quarter of 2014 and a record low of 1.50 percent in the third quarter of 2007. This page provides the latest reported value for - Spain Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Long Term Unemployment Rate - values, historical data and charts - was last updated on June of 2023.

Long Term Unemployment Rate in Spain is expected to be 4.44 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Long Term Unemployment Rate is projected to trend around 5.44 percent in 2024 and 5.94 percent in 2025, according to our econometric models.

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Spain Long Term Unemployment Rate

Related Last Previous Unit Reference
Long Term Unemployment Rate 4.70 4.70 percent Dec 2022
Youth Unemployment Rate 28.40 29.50 percent Apr 2023
Productivity 102.48 102.29 points Mar 2023
Minimum Wages 1166.67 1166.67 EUR/Month Mar 2023
Population 47.43 47.40 Million Dec 2022
Employment Change 1.30 0.40 percent Mar 2023

Spain Long Term Unemployment Rate
In Spain, 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.
Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.70 13.60 1.50 1992 - 2022 percent Quarterly