Unemployment Rate: Portugal
Portugal's unemployment rate is currently 6.3% as of 2026. # Portugal Unemployment Rate Portugal's unemployment rate stands at 6.
Current (2026)
6.3%
-1.6% y/y
Peak (2013)
17.2%
Low (1992)
3.9%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Unemployment Rate — Portugal
1980 — 2026
Unemployment Rate — Portugal
Analysis# Portugal Unemployment Rate
Portugal's unemployment rate stands at 6.3% in 2026, reflecting steady recovery from the crisis decade that followed 2008. The country reached its all-time peak of 17.2% in 2013, more than four times the all-time low of 3.9% recorded in 1992. Since 1980, Portugal has achieved a net decline of 19.2 percentage points, demonstrating substantial long-term labor market improvement despite cyclical fluctuations.
The most dramatic turning point occurred between 2013 and 2017, when the unemployment rate fell from 17.2% to 9.2%—a 8-point drop reflecting post-crisis recovery and structural economic reforms. Recent years show stabilization around 6.3–6.7%, with a gradual downward trend through 2026. Projections suggest continued consolidation at current levels, indicating Portugal's labor market has reached a sustainable equilibrium after years of volatility.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 6.2% | +0.00% |
| 2029 | 6.2% | +0.00% |
| 2028 | 6.2% | +0.00% |
| 2027 | 6.2% | -1.59% |
| 2026 | 6.3% | -1.56% |
| 2025 | 6.4% | -1.54% |
| 2024 | 6.5% | -1.52% |
| 2023 | 6.6% | +6.45% |
| 2022 | 6.2% | -7.46% |
| 2021 | 6.7% | -5.63% |
| 2020 | 7.1% | +7.58% |
| 2019 | 6.6% | -8.33% |
| 2018 | 7.2% | -21.74% |
| 2017 | 9.2% | -18.58% |
| 2016 | 11.3% | -12.40% |
| 2015 | 12.9% | -11.03% |
| 2014 | 14.5% | -15.70% |
| 2013 | 17.2% | +3.61% |
| 2012 | 16.6% | +22.06% |
| 2011 | 13.6% | +18.26% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 11.5% | +12.75% |
| 2009 | 10.2% | +22.89% |
| 2008 | 8.3% | -4.60% |
| 2007 | 8.7% | +3.57% |
| 2006 | 8.4% | +1.20% |
| 2005 | 8.3% | +12.16% |
| 2004 | 7.4% | +5.71% |
| 2003 | 7.0% | +20.69% |
| 2002 | 5.8% | +20.83% |
| 2001 | 4.8% | +2.13% |
| 2000 | 4.7% | -9.62% |
| 1999 | 5.2% | -8.77% |
| 1998 | 5.7% | -24.00% |
| 1997 | 7.5% | -6.25% |
| 1996 | 8.0% | +1.27% |
| 1995 | 7.9% | +25.40% |
| 1994 | 6.3% | +23.53% |
| 1993 | 5.1% | +30.77% |
| 1992 | 3.9% | -4.88% |
| 1991 | 4.1% | -2.38% |
| 1990 | 4.2% | -17.65% |
| 1989 | 5.1% | -28.17% |
| 1988 | 7.1% | +0.00% |
| 1987 | 7.1% | -17.44% |
| 1986 | 8.6% | -1.15% |
| 1985 | 8.7% | -17.14% |
| 1984 | 10.5% | +32.91% |
| 1983 | 7.9% | +5.33% |
| 1982 | 7.5% | -9.64% |
| 1981 | 8.3% | +6.41% |
| 1980 | 7.8% | — |
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