Unemployment in Portugal

Portugal Unemployment | Economic News & Forecasts

Portugal - Unemployment

Growth crept up in Q4 2018 to conclude a solid year of economic growth, although more moderate than that of 2017. The pick-up was owing to the external sector’s less severe drag on growth compared to Q3. Despite slowing global growth and geopolitical uncertainty, FDI was likely robust in the year and continued to support the country’s export-oriented sectors. Going into 2019, prospects appear dimmer. In January, consumer confidence slid to a nearly two-year low, while the economic climate indicator also inched down amid growing concerns over the Eurozone’s broad-based slowdown. On the political front, the Socialist party is currently leading polls ahead of the 6 October general election. However, the effects of chronic underinvestment in public services, along with the recent resurgence of protests by public sector workers, raise uncertainties over the outcome of the vote.

Portugal - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate16.5  14.1  12.7  11.2  9.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Portugal Unemployment Chart

Portugal Unemployment
Note: Unemployment in % of active population.
Source: Statistics Portugal (INE).

Portugal Facts

Bond Yield1.31-1.90 %Mar 11
Exchange Rate1.120.65 %Mar 11
Stock Market5,184-0.02 %Mar 11

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form