Unemployment, total (% of total labor force) in Bahamas
Bahamas: Unemployment, total (% of total labor force) was 10.3% in 2023. ▼ Falling
Unemployment, total (% of total labor force) in Bahamas, 1973–2023
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
Bahamas recorded 10.3% for unemployment, total (% of total labor force) in 2023.
The figure is down 36.1% over ten years.
Over the whole period, unemployment, total (% of total labor force) in Bahamas peaked at 21.2% in 1975 and was at its lowest, 6.9%, in 2001.
Bahamas ranks 33rd of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Unemployment, total (% of total labor force) in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 8.5% | — |
| 1975 | 21.2% | +149.4% |
| 1977 | 20.7% | -2.4% |
| 1979 | 14.7% | -29.0% |
| 1986 | 12.2% | -17.2% |
| 1988 | 11.0% | -9.5% |
| 1989 | 11.7% | +6.2% |
| 1990 | 7.8% | -33.6% |
| 1991 | 12.3% | +58.1% |
| 1992 | 14.8% | +20.5% |
| 1993 | 12.8% | -13.6% |
| 1994 | 13.3% | +3.9% |
| 1995 | 10.9% | -18.0% |
| 1996 | 11.5% | +5.6% |
| 1997 | 9.8% | -14.9% |
| 1998 | 7.9% | -19.8% |
| 1999 | 7.8% | -0.7% |
| 2001 | 6.9% | -11.7% |
| 2002 | 9.1% | +32.2% |
| 2003 | 10.8% | +19.1% |
| 2004 | 10.2% | -5.8% |
| 2005 | 10.2% | -0.3% |
| 2006 | 7.6% | -25.2% |
| 2007 | 7.9% | +3.3% |
| 2008 | 8.7% | +10.9% |
| 2009 | 14.2% | +63.0% |
| 2011 | 14.5% | +2.3% |
| 2012 | 14.7% | +1.2% |
| 2013 | 16.2% | +10.1% |
| 2014 | 13.8% | -14.7% |
| 2015 | 12.0% | -13.0% |
| 2016 | 12.7% | +5.8% |
| 2017 | 9.8% | -22.8% |
| 2018 | 10.0% | +2.0% |
| 2019 | 9.3% | -6.6% |
| 2023 | 10.3% | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.3% | 8.5% | 21.2% | 4 |
| 1980s | 11.6% | 11.0% | 12.2% | 3 |
| 1990s | 10.9% | 7.8% | 14.8% | 10 |
| 2000s | 9.5% | 6.9% | 14.2% | 9 |
| 2010s | 12.6% | 9.3% | 16.2% | 9 |
| 2020s | 10.3% | 10.3% | 10.3% | 1 |
Countries ranked near Bahamas
- 30 Spain 10.5% compare
- 31 Mauritania 10.4% compare
- 32 Angola 10.4% compare
- 34 New Caledonia 10.2% compare
- 35 Ukraine 9.8% compare
- 36 Marshall Islands 9.8% compare
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, total (% of total labor force) in Bahamas?
- Unemployment, total (% of total labor force) in Bahamas was 10.3% in 2023, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest unemployment, total (% of total labor force) recorded in Bahamas?
- The highest recorded value was 21.2% in 1975.
- What is the lowest unemployment, total (% of total labor force) recorded in Bahamas?
- The lowest recorded value was 6.9% in 2001.
- How does Bahamas rank for unemployment, total (% of total labor force)?
- Bahamas ranks 33rd out of 187 countries with data for 2023.
- Is unemployment, total (% of total labor force) rising or falling in Bahamas?
- Over the last ten years it is down 36.1%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Unemployment, total (% of total labor force) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.