Unemployment Rate in Bahamas decreased to 9.50 percent in 2023 from 10.10 percent in 2022. Unemployment Rate in Bahamas averaged 11.62 percent from 1998 until 2024, reaching an all time high of 25.90 percent in 2020 and a record low of 6.90 percent in 2000. source: Bahamas Department of Statistics

Unemployment Rate in Bahamas is expected to reach 10.20 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Unemployment Rate is projected to trend around 9.00 percent in 2026 and 9.50 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Population 0.41 0.41 Million Dec 2024
Unemployment Rate 9.40 10.20 percent Dec 2024


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.
Actual Previous Highest Lowest Dates Unit Frequency
9.40 10.20 25.90 6.90 1998 - 2024 percent Yearly