It was founded in 2010 by former Socialist deputy and presidential candidate Marco Enriquez-Ominami.

After a process of collecting signatures, it was enrolled in some regions.

The party saw minimal success, only winning a maximum of two seats in the Chamber of Deputies.

It lost registration after failing to gain at least 5% of the popular vote in the 2021 parliamentary elections.

[5] The following is a list of the presidential candidates supported by the Progressive Party.