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Portugal Unemployment Rate

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

Portugal's unemployment rate was 6.16% in 2025, ranked 112th globally. This represents a 4.7% decrease from 2024. Data from World Bank, covering 1980–2025.

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.

Portugal's unemployment rate has experienced significant fluctuations over the past 46 years, with a notable peak of 16.24% in 2013 and a trough of 3.81% in 2000. Since then, the rate has gradually increased to its current level of 6.16%, ranking Portugal 112th globally. This trend is comparable to that of Romania, where the unemployment rate is currently 5.99%. Portugal's unemployment rate has been steadily declining since 2013, indicating a positive shift in the labor market. However, the rate remains above the all-time low of 2000, suggesting that the economy still faces challenges in terms of job creation and labor market participation. A sustained economic growth, driven by investments in key sectors such as technology and renewable energy, could potentially lead to a further decline in unemployment rates and alter the current trajectory.

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 October 21, 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} }
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