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Unemployment Rate rose 3.60% to 10.4% in Bahamas in 2019

Unemployment Rate (%), 2019
Labour | Bahamas | December 31, 2020
$2.99
Excel Sheet

Unemployment Rate rose 3.60% to 10.4% in Bahamas in 2019, according to World Bank, IMF estimates (Oct 2018).

Historically, Unemployment Rate in Bahamas reached an all time high of 16.2% in 2013 and an all time low of 6.87% in 2001. When compared to Bahamas's main peers, Unemployment Rate in Cuba amounted to 1.64%, 5.84% in Dominican Republic, 13.8% in Haiti and 3.68% in USA in 2019.

Bahamas has been ranked 36th within the group of 175 countries we follow in terms of Unemployment Rate, 16 places below the position seen 10 years ago.

Unemployment Rate Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bahamas % 9.80% 10.0% 10.4% 11.3% 6.06%
Canada % 6.34% 5.83% 5.56% 5.41% 6.29%
China % 4.44% 4.28% 4.32% 4.37% 4.00%
Cuba % 1.70% 1.70% 1.64% 1.59% ... ... ...
Dominican Republic % 5.83% 5.74% 5.84% 5.92% 5.20%
Haiti % 13.7% 13.6% 13.8% 13.9% ... ... ...
Jamaica % 11.6% 9.10% 8.00% 7.95% 9.97%
Japan % 2.80% 2.40% 2.29% 2.34% 2.87%
Mexico % 3.42% 3.28% 3.42% 3.65% 3.48%
Puerto Rico % 10.8% 9.20% 8.19% 8.41% 11.4%
USA % 4.36% 3.90% 3.68% 3.86% 3.61%