Unemployment rate (ILO modelled estimates) in Bahamas
Bahamas: Unemployment rate (ILO modelled estimates) was 9.52 in 2027. ▼ Falling
Unemployment rate (ILO modelled estimates) in Bahamas, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, unemployment rate (ilo modelled estimates) in Bahamas stood at 9.52.
The figure is up 1.8% on the previous year and down 2.8% over ten years.
Over the whole period, unemployment rate (ilo modelled estimates) in Bahamas peaked at 16.18 in 2013 and was at its lowest, 6.87, in 2001.
That places Bahamas 41st out of 188 countries with data for 2027, putting it in the top quarter.
The long-run direction has been consistently falling across the 37 years of available data.
Unemployment rate (ILO modelled estimates) in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 12.17 | — |
| 1992 | 14.81 | +21.7% |
| 1993 | 12.72 | -14.1% |
| 1994 | 13.83 | +8.7% |
| 1995 | 10.83 | -21.7% |
| 1996 | 11.46 | +5.8% |
| 1997 | 9.76 | -14.8% |
| 1998 | 7.65 | -21.6% |
| 1999 | 7.45 | -2.6% |
| 2000 | 7.12 | -4.5% |
| 2001 | 6.87 | -3.5% |
| 2002 | 9.05 | +31.7% |
| 2003 | 10.84 | +19.8% |
| 2004 | 10.2 | -5.9% |
| 2005 | 10.2 | +0.0% |
| 2006 | 7.54 | -26.1% |
| 2007 | 7.88 | +4.5% |
| 2008 | 8.18 | +3.8% |
| 2009 | 14.25 | +74.2% |
| 2010 | 14.44 | +1.3% |
| 2011 | 14.52 | +0.6% |
| 2012 | 14.02 | -3.4% |
| 2013 | 16.18 | +15.4% |
| 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% |
| 2020 | 12.02 | +28.7% |
| 2021 | 11.08 | -7.8% |
| 2022 | 9.25 | -16.5% |
| 2023 | 8.64 | -6.5% |
| 2024 | 9.05 | +4.7% |
| 2025 | 9.21 | +1.7% |
| 2026 | 9.36 | +1.7% |
| 2027 | 9.52 | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.19 | 7.45 | 14.81 | 9 |
| 2000s | 9.21 | 6.87 | 14.25 | 10 |
| 2010s | 12.68 | 9.34 | 16.18 | 10 |
| 2020s | 9.77 | 8.64 | 12.02 | 8 |
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 unemployment rate (ilo modelled estimates) in Bahamas?
- Unemployment rate (ilo modelled estimates) in Bahamas was 9.52 in 2027, according to International Labour Organization.
- What is the highest unemployment rate (ilo modelled estimates) recorded in Bahamas?
- The highest recorded value was 16.18 in 2013.
- What is the lowest unemployment rate (ilo modelled estimates) recorded in Bahamas?
- The lowest recorded value was 6.87 in 2001.
- How does Bahamas rank for unemployment rate (ilo modelled estimates)?
- Bahamas ranks 41st out of 188 countries with data for 2027.
- Is unemployment rate (ilo modelled estimates) rising or falling in Bahamas?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from International Labour Organization, published as part of Unemployment rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 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. 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 ILO Modelled Estimates (ILOEST) database description.