Potential labour force rate in Caribbean
Caribbean: Potential labour force rate was 8.73 in 2027. ▼ Falling
Potential labour force rate in Caribbean, 2004–2027
Source: International Labour Organization.
Analysis
Caribbean recorded 8.73 for potential labour force rate in 2027.
Compared with earlier readings it is up 0.2% on the previous year and up 2.8% over ten years.
Over the whole period, potential labour force rate in Caribbean peaked at 9.94 in 2020 and was at its lowest, 7.86, in 2019.
That places Caribbean 16th out of 87 groups with data for 2027, putting it in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Potential labour force rate in Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 9.01 | — |
| 2005 | 9.31 | +3.4% |
| 2006 | 9.57 | +2.8% |
| 2007 | 9.83 | +2.7% |
| 2008 | 9.6 | -2.4% |
| 2009 | 9.56 | -0.4% |
| 2010 | 9.6 | +0.4% |
| 2011 | 9.34 | -2.8% |
| 2012 | 9.17 | -1.8% |
| 2013 | 9.06 | -1.2% |
| 2014 | 8.97 | -1.0% |
| 2015 | 8.73 | -2.7% |
| 2016 | 8.55 | -2.0% |
| 2017 | 8.5 | -0.7% |
| 2018 | 8.03 | -5.6% |
| 2019 | 7.86 | -2.0% |
| 2020 | 9.94 | +26.5% |
| 2021 | 9.27 | -6.8% |
| 2022 | 8.64 | -6.8% |
| 2023 | 8.66 | +0.2% |
| 2024 | 8.61 | -0.6% |
| 2025 | 8.67 | +0.8% |
| 2026 | 8.72 | +0.5% |
| 2027 | 8.73 | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.48 | 9.01 | 9.83 | 6 |
| 2010s | 8.78 | 7.86 | 9.6 | 10 |
| 2020s | 8.91 | 8.61 | 9.94 | 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 37,345 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. — Total Population - Female 19,040 1000 No (2100)
- Population - Est. & Proj. — Urban population 39,824 1000 No (2050)
- Population - Est. & Proj. — Rural population 8,434 1000 No (2050)
Frequently asked questions
- What is potential labour force rate in Caribbean?
- Potential labour force rate in Caribbean was 8.73 in 2027, according to International Labour Organization.
- What is the highest potential labour force rate recorded in Caribbean?
- The highest recorded value was 9.94 in 2020.
- What is the lowest potential labour force rate recorded in Caribbean?
- The lowest recorded value was 7.86 in 2019.
- How does Caribbean rank for potential labour force rate?
- Caribbean ranks 16th out of 87 groups with data for 2027.
- Is potential labour force rate rising or falling in Caribbean?
- Over the last ten years it is up 2.8%. 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 Potential labour force rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
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. The potential labour force refers to persons not in employment who express an interest in this form of work but for whom existing conditions limit their active job search and/or their availability. This group is used to calculate alternative measures of labour underutilization. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.