Unemployment rate (ILO modelled estimates) in Barbados
Barbados: Unemployment rate (ILO modelled estimates) was 6.82 in 2027. ▼ Falling
Unemployment rate (ILO modelled estimates) in Barbados, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for unemployment rate (ilo modelled estimates) in Barbados is 6.82, measured in 2027.
The figure is up 2.2% on the previous year and down 20.9% over ten years.
Over the whole period, unemployment rate (ilo modelled estimates) in Barbados peaked at 24.54 in 1993 and was at its lowest, 6.45, in 2024.
That places Barbados 64th out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Unemployment rate (ILO modelled estimates) in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 22.41 | — |
| 1992 | 22.94 | +2.4% |
| 1993 | 24.54 | +7.0% |
| 1994 | 22.98 | -6.4% |
| 1995 | 19.66 | -14.4% |
| 1996 | 14.71 | -25.2% |
| 1997 | 14.61 | -0.7% |
| 1998 | 12.4 | -15.1% |
| 1999 | 10.61 | -14.4% |
| 2000 | 9.35 | -11.9% |
| 2001 | 9.85 | +5.3% |
| 2002 | 10.32 | +4.8% |
| 2003 | 11 | +6.6% |
| 2004 | 9.57 | -13.0% |
| 2005 | 9.08 | -5.1% |
| 2006 | 8.73 | -3.9% |
| 2007 | 7.41 | -15.1% |
| 2008 | 8.12 | +9.6% |
| 2009 | 10.02 | +23.4% |
| 2010 | 10.69 | +6.7% |
| 2011 | 11.19 | +4.7% |
| 2012 | 11.59 | +3.6% |
| 2013 | 11.55 | -0.3% |
| 2014 | 12.17 | +5.4% |
| 2015 | 9.8 | -19.4% |
| 2016 | 8.25 | -15.9% |
| 2017 | 8.62 | +4.5% |
| 2018 | 8.32 | -3.5% |
| 2019 | 8.41 | +1.1% |
| 2020 | 10.59 | +25.9% |
| 2021 | 11.02 | +4.1% |
| 2022 | 7.26 | -34.1% |
| 2023 | 6.54 | -9.9% |
| 2024 | 6.45 | -1.4% |
| 2025 | 6.52 | +1.2% |
| 2026 | 6.67 | +2.2% |
| 2027 | 6.82 | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.32 | 10.61 | 24.54 | 9 |
| 2000s | 9.35 | 7.41 | 11 | 10 |
| 2010s | 10.06 | 8.25 | 12.17 | 10 |
| 2020s | 7.73 | 6.45 | 11.02 | 8 |
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 (ilo modelled estimates) in Barbados?
- Unemployment rate (ilo modelled estimates) in Barbados was 6.82 in 2027, according to International Labour Organization.
- What is the highest unemployment rate (ilo modelled estimates) recorded in Barbados?
- The highest recorded value was 24.54 in 1993.
- What is the lowest unemployment rate (ilo modelled estimates) recorded in Barbados?
- The lowest recorded value was 6.45 in 2024.
- How does Barbados rank for unemployment rate (ilo modelled estimates)?
- Barbados ranks 64th out of 188 countries with data for 2027.
- Is unemployment rate (ilo modelled estimates) rising or falling in Barbados?
- Over the last ten years it is down 20.9%. 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 (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
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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.