Unemployment Rate in Bahamas decreased to 9.50 percent in 2019 from 10.70 percent in 2018. source: Bahamas Department of Statistics

Unemployment Rate in Bahamas averaged 10.65 percent from 1998 until 2019, reaching an all time high of 15.70 percent in 2014 and a record low of 6.90 percent in 2000. This page provides - Bahamas Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Unemployment Rate - values, historical data and charts - was last updated on May of 2021.

Unemployment Rate in Bahamas is expected to reach 12.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Unemployment Rate is projected to trend around 11.00 percent in 2022, according to our econometric models.

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Bahamas Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.50 10.70 15.70 6.90 1998 - 2019 percent Yearly

Bahamas Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.50 10.70 15.70 6.90 percent [+]
Population 0.38 0.39 0.39 0.11 Million [+]

Bahamas Unemployment Rate
In The Bahamas, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.