Unemployment Rate in Barbados decreased to 10.90 percent in the fourth quarter of 2021 from 12.40 percent in the third quarter of 2021. source: Central Bank Of Barbados

Unemployment Rate in Barbados averaged 10.96 percent from 2008 until 2021, reaching an all time high of 17.90 percent in the third quarter of 2020 and a record low of 7.60 percent in the fourth quarter of 2008. This page provides - Barbados Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Barbados Unemployment Rate - values, historical data and charts - was last updated on July of 2022.

Unemployment Rate in Barbados is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Unemployment Rate is projected to trend around 9.50 percent in 2023, according to our econometric models.

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Barbados Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 10.90 12.40 percent Dec 2021
Employed Persons 118.40 114.40 Thousand Sep 2021