The unemployment rate in Portugal increased by 0.5 percentage points (+8.32 percent) in 2023 in comparison to the previous year. While the unemployment rate increased significantly in the first phase of the observed period, the increase slowed down in the last years. The unemployment rate refers to the share of the workforce that is currently not working but is actively searching for work. It does not include the economically inactive population, such as the long-term unemployed, those aged under 15 years, or retired persons.
Find more key insights for the unemployment rate in countries like Spain.
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World Bank. (October 24, 2024). Portugal: Unemployment rate from 2004 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/372325/unemployment-rate-in-portugal/
World Bank. "Portugal: Unemployment rate from 2004 to 2023." Chart. October 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/372325/unemployment-rate-in-portugal/
World Bank. (2024). Portugal: Unemployment rate from 2004 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/372325/unemployment-rate-in-portugal/
World Bank. "Portugal: Unemployment Rate from 2004 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/372325/unemployment-rate-in-portugal/
World Bank, Portugal: Unemployment rate from 2004 to 2023 Statista, https://www.statista.com/statistics/372325/unemployment-rate-in-portugal/ (last visited November 21, 2024)
Portugal: Unemployment rate from 2004 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/372325/unemployment-rate-in-portugal/
