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Portugal Annual Unemployment Rate

Portugal's annual unemployment rate fell to 6.38% in 2024, down from 6.51% in 2023, according to World Bank. This represents a decrease of 0.13% from the previous year. Portugal has annual unemployment rate higher than the global median (6.38% vs median 5.23%). Compared with the median in Europe, Portugal is higher (6.38% vs regional median 5.49%) and ranks 17th out of 41 countries in Europe.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 6.38%
2023 6.51%
2022 6.01%
2021 6.58%
2020 6.8%
2019 6.46%
2018 6.99%
2017 8.87%
2016 11.07%
2015 12.45%
2014 13.9%
2013 16.19%
2012 15.53%
2011 12.68%
2010 10.77%
2009 9.43%
2008 7.55%
2007 7.96%
2006 7.65%
2005 7.58%
2004 6.32%
2003 6.13%
2002 4.5%
2001 3.83%
2000 3.81%
1999 4.58%
1998 4.64%
1997 6.57%
1996 7.3%
1995 7.06%
1994 6.71%
1993 5.3%
1992 3.98%
1991 3.92%
Portugal Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Portugal's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 54.69% 54.89% 2024
Unemployment Rate 6.1% 5.8% Aug'25