Bahamas Labor Force Participation Rate 1991-2024
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 2023 was 48.41%, a 0.12% increase from 2022.
- Bahamas labor force participation rate for 2022 was 48.29%, a 0.64% decline from 2021.
- Bahamas labor force participation rate for 2021 was 48.93%, a 1.87% increase from 2020.
- Bahamas labor force participation rate for 2020 was 47.05%, a 4.9% decline from 2019.
Bahamas Labor Force Participation Rate - Historical Data |
Year |
Participation Rate for Ages 15-24 |
Annual Change |
2023 |
48.41% |
0.12% |
2022 |
48.29% |
-0.64% |
2021 |
48.93% |
1.87% |
2020 |
47.05% |
-4.90% |
2019 |
51.95% |
-0.41% |
2018 |
52.36% |
-0.33% |
2017 |
52.68% |
-0.29% |
2016 |
52.97% |
-0.31% |
2015 |
53.28% |
-0.25% |
2014 |
53.53% |
-0.17% |
2013 |
53.70% |
-0.24% |
2012 |
53.94% |
-0.04% |
2011 |
53.98% |
-0.11% |
2010 |
54.09% |
-0.17% |
2009 |
54.26% |
-0.32% |
2008 |
54.59% |
-0.27% |
2007 |
54.86% |
-0.17% |
2006 |
55.02% |
-0.14% |
2005 |
55.16% |
-0.11% |
2004 |
55.28% |
-0.20% |
2003 |
55.48% |
-0.27% |
2002 |
55.75% |
-0.16% |
2001 |
55.91% |
-0.17% |
2000 |
56.08% |
-0.27% |
1999 |
56.34% |
-0.10% |
1998 |
56.45% |
-0.61% |
1997 |
57.05% |
-0.26% |
1996 |
57.31% |
-0.32% |
1995 |
57.63% |
-0.21% |
1994 |
57.84% |
0.03% |
1993 |
57.81% |
0.03% |
1992 |
57.78% |
0.02% |
1991 |
57.77% |
0.02% |