LU3: Combined rate of unemployment and potential labour force in Caribbean
Caribbean: LU3: Combined rate of unemployment and potential labour force was 15.01 in 2027. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in Caribbean, 2004–2027
Source: International Labour Organization.
Analysis
Caribbean recorded 15.01 for lu3: combined rate of unemployment and potential labour force in 2027.
Compared with earlier readings it is down 0.2% on the previous year and down 0.8% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in Caribbean peaked at 17.13 in 2020 and was at its lowest, 14.42, in 2019.
Caribbean ranks 17th of 87 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
LU3: Combined rate of unemployment and potential labour force in Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 15.53 | — |
| 2005 | 16.21 | +4.4% |
| 2006 | 16.41 | +1.2% |
| 2007 | 16.69 | +1.7% |
| 2008 | 16.25 | -2.7% |
| 2009 | 16.63 | +2.4% |
| 2010 | 16.9 | +1.6% |
| 2011 | 16.84 | -0.4% |
| 2012 | 16.78 | -0.3% |
| 2013 | 16.75 | -0.2% |
| 2014 | 16.3 | -2.7% |
| 2015 | 16.03 | -1.6% |
| 2016 | 15.74 | -1.8% |
| 2017 | 15.13 | -3.9% |
| 2018 | 14.5 | -4.2% |
| 2019 | 14.42 | -0.5% |
| 2020 | 17.13 | +18.8% |
| 2021 | 16.66 | -2.7% |
| 2022 | 15.01 | -9.9% |
| 2023 | 14.85 | -1.1% |
| 2024 | 14.8 | -0.3% |
| 2025 | 14.95 | +1.0% |
| 2026 | 15.04 | +0.6% |
| 2027 | 15.01 | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.29 | 15.53 | 16.69 | 6 |
| 2010s | 15.94 | 14.42 | 16.9 | 10 |
| 2020s | 15.43 | 14.8 | 17.13 | 8 |
More work & labour data for Caribbean
- Population - Est. & Proj. — Total Population - Male 18,305 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5991 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5887 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6092 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.6 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2651 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 39,824 1000 No (2050)
- Population - Est. & Proj. — Total Population - Both sexes 37,345 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 19,040 1000 No (2100)
- Population - Est. & Proj. — Rural population 8,434 1000 No (2050)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in Caribbean?
- Lu3: combined rate of unemployment and potential labour force in Caribbean was 15.01 in 2027, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Caribbean?
- The highest recorded value was 17.13 in 2020.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Caribbean?
- The lowest recorded value was 14.42 in 2019.
- How does Caribbean rank for lu3: combined rate of unemployment and potential labour force?
- Caribbean ranks 17th out of 87 countries with data for 2027.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Caribbean?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is falling.
- Where does this Caribbean data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU3 represents the share of the extended labour force that are in unemployment or the potential labour force. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.