Bahamas Unemployment Rate 1991-2024
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Bahamas unemployment rate for 2023 was 9.20%, a 0.67% decline from 2022.
- Bahamas unemployment rate for 2022 was 9.87%, a 1.82% decline from 2021.
- Bahamas unemployment rate for 2021 was 11.69%, a 1.11% decline from 2020.
- Bahamas unemployment rate for 2020 was 12.80%, a 2.79% increase from 2019.
Bahamas Unemployment Rate - Historical Data |
Year |
Unemployment Rate (%) |
Annual Change |
2023 |
9.20% |
-0.67% |
2022 |
9.87% |
-1.82% |
2021 |
11.69% |
-1.11% |
2020 |
12.80% |
2.79% |
2019 |
10.01% |
0.01% |
2018 |
10.00% |
0.20% |
2017 |
9.80% |
-2.90% |
2016 |
12.70% |
0.70% |
2015 |
12.00% |
-1.80% |
2014 |
13.80% |
-2.38% |
2013 |
16.18% |
2.16% |
2012 |
14.02% |
-0.50% |
2011 |
14.52% |
0.09% |
2010 |
14.43% |
0.18% |
2009 |
14.25% |
6.07% |
2008 |
8.18% |
0.30% |
2007 |
7.88% |
0.34% |
2006 |
7.54% |
-2.66% |
2005 |
10.20% |
0.00% |
2004 |
10.20% |
-0.64% |
2003 |
10.84% |
1.79% |
2002 |
9.05% |
2.18% |
2001 |
6.87% |
-0.37% |
2000 |
7.24% |
-0.22% |
1999 |
7.45% |
-0.20% |
1998 |
7.65% |
-2.11% |
1997 |
9.76% |
-1.70% |
1996 |
11.46% |
0.63% |
1995 |
10.83% |
-3.00% |
1994 |
13.83% |
1.11% |
1993 |
12.72% |
-2.09% |
1992 |
14.81% |
2.64% |
1991 |
12.17% |
2.64% |