SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Bahamas
Bahamas: SDG indicator 8.5.2: Unemployment rate (previous ILO definition) was 8.15 in 2024. ▲ Rising
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Bahamas, 2001–2024
Source: International Labour Organization.
Analysis
The most recent figure for sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Bahamas is 8.15, measured in 2024.
Compared with earlier readings it is down 21.2% on the previous year and down 40.9% over ten years.
Over the whole period, sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Bahamas peaked at 16.18 in 2013 and was at its lowest, 6.88, in 2001.
That places Bahamas 44th out of 179 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 6.88 | — |
| 2002 | 9.1 | +32.2% |
| 2003 | 10.84 | +19.1% |
| 2004 | 10.2 | -5.8% |
| 2005 | 10.17 | -0.3% |
| 2006 | 7.6 | -25.2% |
| 2007 | 7.85 | +3.3% |
| 2008 | 8.71 | +10.9% |
| 2009 | 14.2 | +63.0% |
| 2011 | 14.52 | +2.3% |
| 2012 | 14.7 | +1.2% |
| 2013 | 16.18 | +10.1% |
| 2014 | 13.8 | -14.7% |
| 2015 | 12 | -13.0% |
| 2016 | 12.7 | +5.8% |
| 2017 | 9.8 | -22.8% |
| 2018 | 10 | +2.0% |
| 2019 | 9.34 | -6.6% |
| 2023 | 10.35 | +10.8% |
| 2024 | 8.15 | -21.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.51 | 6.88 | 14.2 | 9 |
| 2010s | 12.56 | 9.34 | 16.18 | 9 |
| 2020s | 9.25 | 8.15 | 10.35 | 2 |
Countries ranked near Bahamas
More work & labour data for Bahamas
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2148 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2821 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.22 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.4187 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 419.94 1000 No (2050)
- Population - Est. & Proj. — Rural population 54.95 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 200.05 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 184.9 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 384.95 1000 No (2100)
Frequently asked questions
- What is sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Bahamas?
- Sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Bahamas was 8.15 in 2024, according to International Labour Organization.
- What is the highest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Bahamas?
- The highest recorded value was 16.18 in 2013.
- What is the lowest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Bahamas?
- The lowest recorded value was 6.88 in 2001.
- How does Bahamas rank for sdg indicator 8.5.2: unemployment rate (previous ilo definition)?
- Bahamas ranks 44th out of 179 countries with data for 2024.
- Is sdg indicator 8.5.2: unemployment rate (previous ilo definition) rising or falling in Bahamas?
- Over the last ten years it is down 40.9%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Labour Organization, published as part of SDG indicator 8.5.2: Unemployment rate (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.