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Portugal Unemployment Rate — 2026 Data, Trend & Forecast

Portugal's unemployment rate was 5.70% in August 2026, little changed from 5.70% the previous month. A year earlier it stood at 5.90%.

Portugal's unemployment rate was 5.70% in August 2026, little changed from 5.70% the previous month. A year earlier it stood at 5.90%.

Portugal's unemployment rate stands at 5.70% as of August 2026. The unemployment rate currently sits at 5.70% (little changed from 5.70% in the prior month). Across the tracked window it has ranged between 5.60% and 12.70%, and is 0.20% lower than a year ago.

The trend

Among the 227 economies tracked on this platform, Portugal ranks #102 on unemployment rate by latest value. It was little changed from 5.70% in the previous month, and compares with a year-earlier 5.90%.

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

PeriodUnemployment rate
Aug 20265.70%
Jul 20265.70%
Jun 20265.70%
May 20265.60%
Apr 20265.70%
Mar 20265.90%
Feb 20266.00%
Jan 20265.80%

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 August 2026, little changed from 5.70% the previous month. A year earlier it stood at 5.90%.

Is the unemployment rate rising or falling in Portugal?

It was little changed in the latest reading — 5.70% in August 2026 versus 5.70% 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.

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Written by Sandeep Kumar Chaudhary, Data Desk. Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures may be revised — information only, not financial advice.