Unemployment with advanced education in Barbados
Barbados: Unemployment with advanced education was 2.9% in 2023. ▼ Falling
Unemployment with advanced education in Barbados, 2015–2023
Source: Education and Mismatch Indicators database (EMI), International Labour Organization (ILO). Measured in % of total labor force with advanced education.
Analysis
The most recent figure for unemployment with advanced education in Barbados is 2.9%, measured in 2023. That is the lowest value across all 8 years on record.
The figure is down 15.6% on the previous year and down 44.1% over ten years.
Over the whole period, unemployment with advanced education in Barbados peaked at 5.2% in 2015 and was at its lowest, 2.9%, in 2023.
Barbados ranks 94th of 130 countries on this measure, in the middle of the range.
Unemployment with advanced education in Barbados, year by year
| Year | % of total labor force with advanced education | Change |
|---|---|---|
| 2015 | 5.2% | — |
| 2016 | 4.6% | -12.7% |
| 2017 | 4.1% | -10.6% |
| 2018 | 5.2% | +27.7% |
| 2019 | 4.2% | -20.0% |
| 2021 | 5.1% | +22.1% |
| 2022 | 3.5% | -31.9% |
| 2023 | 2.9% | -15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.6% | 4.1% | 5.2% | 5 |
| 2020s | 3.8% | 2.9% | 5.1% | 3 |
Countries ranked near Barbados
- 91 Guatemala 3.2% compare
- 92 New Zealand 3.0% compare
- 93 United States of America 2.9% compare
- 95 Hong Kong, China 2.9% compare
- 96 Trinidad and Tobago 2.8% compare
- 97 Paraguay 2.8%
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 with advanced education in Barbados?
- Unemployment with advanced education in Barbados was 2.9% in 2023, according to Education and Mismatch Indicators database (EMI), International Labour Organization (ILO).
- What is the highest unemployment with advanced education recorded in Barbados?
- The highest recorded value was 5.2% in 2015.
- What is the lowest unemployment with advanced education recorded in Barbados?
- The lowest recorded value was 2.9% in 2023.
- How does Barbados rank for unemployment with advanced education?
- Barbados ranks 94th out of 130 countries with data for 2023.
- Is unemployment with advanced education rising or falling in Barbados?
- Over the last ten years it is down 44.1%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Education and Mismatch Indicators database (EMI), International Labour Organization (ILO), published as part of Unemployment with advanced education (% of total labor force with advanced education). Statizoid updates them automatically from the source API.
Download this data
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About this data
The percentage of the labor force with an advanced level of education who are unemployed. Advanced education comprises short-cycle tertiary education, a bachelor’s degree or equivalent education level, a master’s degree or equivalent education level, or doctoral degree or equivalent education level according to the International Standard Classification of Education 2011 (ISCED 2011).