Bahamas Labor Force Participation Rate 1990-2023
Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.
- Bahamas labor force participation rate for 2021 was 50.89%, a 3.07% increase from 2020.
- Bahamas labor force participation rate for 2020 was 47.82%, a 6.85% decline from 2019.
- Bahamas labor force participation rate for 2019 was 54.66%, a 0.12% decline from 2018.
- Bahamas labor force participation rate for 2018 was 54.78%, a 0.1% decline from 2017.
Bahamas Labor Force Participation Rate - Historical Data |
Year |
Participation Rate for Ages 15-24 |
Annual Change |
2021 |
50.89% |
3.07% |
2020 |
47.82% |
-6.85% |
2019 |
54.66% |
-0.12% |
2018 |
54.78% |
-0.10% |
2017 |
54.88% |
-0.04% |
2016 |
54.92% |
-0.03% |
2015 |
54.95% |
-0.02% |
2014 |
54.97% |
0.00% |
2013 |
54.97% |
-1.33% |
2012 |
56.30% |
1.73% |
2011 |
54.57% |
-0.41% |
2010 |
54.98% |
-0.49% |
2009 |
55.47% |
-0.08% |
2008 |
55.55% |
-0.16% |
2007 |
55.71% |
-0.35% |
2006 |
56.06% |
-0.40% |
2005 |
56.46% |
-0.46% |
2004 |
56.93% |
-0.27% |
2003 |
57.19% |
-0.13% |
2002 |
57.33% |
0.04% |
2001 |
57.29% |
-0.34% |
2000 |
57.63% |
-0.48% |
1999 |
58.11% |
0.32% |
1998 |
57.79% |
0.47% |
1997 |
57.32% |
0.66% |
1996 |
56.65% |
-0.37% |
1995 |
57.03% |
-0.28% |
1994 |
57.31% |
-0.08% |
1993 |
57.39% |
-0.09% |
1992 |
57.48% |
-0.11% |
1991 |
57.59% |
-0.12% |
1990 |
57.71% |
-0.12% |