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Portugal Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

6.16% −0.30pp (-4.7%)
Year 2025 Rank #112 Global Peak 16.24% (2013) Source World Bank

Portugal Unemployment Rate (1980–2025)

Overview

Portugal's unemployment rate stood at 6.16% in 2025, a decline of +0.30pp from 2024. The IMF projects 6.38% by 2025. Portugal ranked 112th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 6.19% - -
2029* IMF 6.19% - -
2028* IMF 6.19% - -
2027* IMF 6.19% - -
2026* IMF 6.29% - -
2025* IMF 6.38% - -
2025 6.16% −0.30pp #112
2024 6.50% −0.08pp #123
2023 6.50% +0.31pp #124
2022 6.14% −0.59pp #115
2021 6.71% −0.39pp #111
2020 6.85% +0.22pp #104
2019 6.42% −0.75pp #116
2018 6.97% −2.28pp #118
2017 8.88% −2.39pp #133
2016 11.06% −1.80pp #147
2015 12.41% −2.14pp #156
2014 13.88% −3.34pp #161
2013 16.24% −0.40pp #168
2012 15.51% +1.92pp #166
2011 12.72% +1.21pp #153
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +20.4% GDP growth 2.1% C/A balance 2.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Portugal matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Portugal's unemployment rate?

Portugal's unemployment rate was 6.16% in 2025. Ranked 112th globally. This represents a 4.7% decrease from the previous year.

What was the highest unemployment rate in Portugal?

Portugal's unemployment rate peaked at 16.24% in 2013.

What was the lowest unemployment rate in Portugal?

The lowest unemployment rate in Portugal was 3.81% in 2000.

How does Portugal rank in unemployment rate?

Portugal ranks 112th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Portugal in 2025?

Portugal's unemployment rate is projected to reach 6.38% by 2025 based on IMF projection.

What is the unemployment rate of Portugal in 2025?

The unemployment rate of Portugal in 2025 was 6.16%. This ranks 112th in the world.

Cite this page

APA
Portugal Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/portugal/unemployment-rate
BibTeX
@misc{historysaid_portugal_unemployment-rate, title = {Portugal Unemployment Rate}, url = {https://historysaid.com/portugal/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }