LU2: Combined rate of time-related underemployment and unemployment in Barbados
Barbados: LU2: Combined rate of time-related underemployment and unemployment was 11.87 in 2024. ▬ Flat
LU2: Combined rate of time-related underemployment and unemployment in Barbados, 2015–2024
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Barbados is 11.87, measured in 2024. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 0.5% on the previous year and down 11.1% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Barbados peaked at 19.12 in 2021 and was at its lowest, 11.87, in 2024.
Barbados ranks 19th of 58 countries on this measure, in the middle of the range.
LU2: Combined rate of time-related underemployment and unemployment in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 13.35 | — |
| 2016 | 12.47 | -6.6% |
| 2017 | 12.7 | +1.8% |
| 2018 | 13.11 | +3.3% |
| 2019 | 13.68 | +4.3% |
| 2021 | 19.12 | +39.8% |
| 2022 | 14.01 | -26.8% |
| 2023 | 11.93 | -14.9% |
| 2024 | 11.87 | -0.5% |
Barbados compared with similar countries
- Barbados's 11.87 is above the median for high income countries, which is 8.88, 1.3× the median. (44 countries reporting)
- Barbados's 11.87 is below the median for Latin America & Caribbean, which is 12.28, 97% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.06 | 12.47 | 13.68 | 5 |
| 2020s | 14.23 | 11.87 | 19.12 | 4 |
Countries ranked near Barbados
More work & labour data for Barbados
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7079 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6853 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7302 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9854 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.8257 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 114.42 1000 No (2050)
- Population - Est. & Proj. — Rural population 165.89 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 97.75 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 96.95 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 194.7 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Barbados?
- Lu2: combined rate of time-related underemployment and unemployment in Barbados was 11.87 in 2024, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Barbados?
- The highest recorded value was 19.12 in 2021.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Barbados?
- The lowest recorded value was 11.87 in 2024.
- How does Barbados rank for lu2: combined rate of time-related underemployment and unemployment?
- Barbados ranks 19th out of 58 countries with data for 2024.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Barbados?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is flat.
- Where does this Barbados data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.
Download this data
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series includes only countries for which the 19th ICLS definitions are applied. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.