Portugal Unemployment Rate — 2026 Data, Trend & Forecast
Portugal's unemployment rate was 5.70% in July 2026, up from 5.67% the previous month. A year earlier it stood at 5.80%.
Portugal's unemployment rate stands at 5.70% as of July 2026. The unemployment rate currently sits at 5.70% (up from 5.67% in the prior month). Across the tracked window it has ranged between 5.60% and 12.70%, and is 0.10% lower than a year ago.
The trend
Among the 226 economies tracked on this platform, Portugal ranks #103 on unemployment rate by latest value. It rose from 5.67% in the previous month, and compares with a year-earlier 5.80%.
What's driving it
Joblessness tracks the business cycle, labour-force participation and structural shifts in industry, and tends to lag changes in output.
Recent readings
| Period | Unemployment rate |
|---|---|
| Jul 2026 | 5.70% |
| Jun 2026 | 5.67% |
| May 2026 | 5.60% |
| Apr 2026 | 5.70% |
| Mar 2026 | 5.90% |
| Feb 2026 | 6.00% |
| Jan 2026 | 5.80% |
| Dec 2025 | 5.73% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Unemployment Rate in Portugal in 2026?
Portugal's unemployment rate was 5.70% in July 2026, up from 5.67% the previous month. A year earlier it stood at 5.80%.
Is the unemployment rate rising or falling in Portugal?
It rose in the latest reading — 5.70% in July 2026 versus 5.67% a month earlier. Year on year it is lower.
What is unemployment rate?
It measures the share of the labour force that is without work but actively seeking a job.