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% |
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