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
Barbados recorded 11.87 for lu2: combined rate of time-related underemployment and unemployment in 2024. That is the lowest value across all 9 years on record.
That represents a change of 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.
That places Barbados 23rd out of 90 countries with data for 2024, putting it in the top quarter.
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 8.92, 1.3× the median. (45 countries reporting)
- Barbados's 11.87 is above the median for Latin America & Caribbean, which is 10.06, 1.2× the median. (19 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 23rd out of 90 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 (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
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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 is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.