Unemployment rate (current ILO definition - ICLS19) in Barbados
Barbados: Unemployment rate (current ILO definition - ICLS19) was 6.03 in 2024. ▼ Falling
Unemployment rate (current ILO definition - ICLS19) in Barbados, 2014–2024
Source: International Labour Organization.
Analysis
The most recent figure for unemployment rate (current ilo definition - icls19) in Barbados is 6.03, measured in 2024. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 7.8% on the previous year and down 51.0% over ten years.
Over the whole period, unemployment rate (current ilo definition - icls19) in Barbados peaked at 12.3 in 2014 and was at its lowest, 6.03, in 2024.
That places Barbados 33rd out of 74 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Unemployment rate (current ILO definition - ICLS19) in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 12.3 | — |
| 2015 | 9.8 | -20.3% |
| 2016 | 8.25 | -15.9% |
| 2017 | 8.62 | +4.5% |
| 2018 | 8.32 | -3.5% |
| 2019 | 8.41 | +1.1% |
| 2021 | 11.02 | +31.0% |
| 2022 | 7.26 | -34.1% |
| 2023 | 6.54 | -9.9% |
| 2024 | 6.03 | -7.8% |
Barbados compared with similar countries
- Barbados's 6.03 is above the median for high income countries, which is 4.87, 1.2× the median. (54 countries reporting)
- Barbados's 6.03 is below the median for Latin America & Caribbean, which is 6.34, 95% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.28 | 8.25 | 12.3 | 6 |
| 2020s | 7.71 | 6.03 | 11.02 | 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 unemployment rate (current ilo definition - icls19) in Barbados?
- Unemployment rate (current ilo definition - icls19) in Barbados was 6.03 in 2024, according to International Labour Organization.
- What is the highest unemployment rate (current ilo definition - icls19) recorded in Barbados?
- The highest recorded value was 12.3 in 2014.
- What is the lowest unemployment rate (current ilo definition - icls19) recorded in Barbados?
- The lowest recorded value was 6.03 in 2024.
- How does Barbados rank for unemployment rate (current ilo definition - icls19)?
- Barbados ranks 33rd out of 74 countries with data for 2024.
- Is unemployment rate (current ilo definition - icls19) rising or falling in Barbados?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from International Labour Organization, published as part of Unemployment rate (current ILO definition - ICLS19) (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 includes only countries for which the 19th ICLS definitions are applied. 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 Work Statistics -- 19th ICLS (WORK) database description.