Unemployment Rate in Bahamas increased to 25.60 percent in 2020 from 9.50 percent in 2019. source: Bahamas Department of Statistics

Unemployment Rate in Bahamas averaged 11.33 percent from 1998 until 2020, reaching an all time high of 25.60 percent in 2020 and a record low of 6.90 percent in 2000. This page provides - Bahamas Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Unemployment Rate - values, historical data and charts - was last updated on October of 2021.

Unemployment Rate in Bahamas is expected to reach 18.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Unemployment Rate is projected to trend around 11.00 percent in 2022 and 9.80 percent in 2023, according to our econometric models.

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Bahamas Unemployment Rate

Bahamas Last Unit Reference Previous Highest Lowest
Unemployment Rate 25.60 percent Dec/20 9.50 25.60 6.90

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.