Bahamas Unemployment Rate 1960-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Bahamas unemployment rate for 2022 was 10.09%, a 1.49% decline from 2021.
  • Bahamas unemployment rate for 2021 was 11.58%, a 0.98% decline from 2020.
  • Bahamas unemployment rate for 2020 was 12.56%, a 2.63% increase from 2019.
  • Bahamas unemployment rate for 2019 was 9.93%, a 0.07% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Spain 12.92%
Virgin Islands (U.S.) 12.86%
Greece 12.43%
French Polynesia 11.80%
New Caledonia 11.03%
Bahamas 10.09%
Barbados 8.50%
Chile 8.25%
Italy 8.07%
Uruguay 7.87%
Sweden 7.39%
France 7.31%
Croatia 6.96%
Latvia 6.81%
Argentina 6.81%
Cyprus 6.78%
Finland 6.72%
Slovak Republic 6.14%
Channel Islands 6.03%
Portugal 6.01%
Puerto Rico 6.00%
Lithuania 5.96%
Saudi Arabia 5.59%
Estonia 5.57%
Guam 5.57%
Belgium 5.56%
Austria 4.99%
Luxembourg 4.58%
Ireland 4.48%
Brunei 4.45%
Denmark 4.43%
Hong Kong 4.32%
Switzerland 4.30%
Slovenia 4.01%
Trinidad and Tobago 3.81%
Iceland 3.79%
United Kingdom 3.73%
Australia 3.70%
Israel 3.70%
Hungary 3.61%
Singapore 3.59%
Netherlands 3.52%
New Zealand 3.30%
Norway 3.23%
Germany 3.14%
UAE 2.97%
Malta 2.92%
Poland 2.89%
South Korea 2.86%
Japan 2.60%
Macao 2.41%
Czech Republic 2.22%
Kuwait 2.20%
Oman 1.53%
Bahrain 1.34%
Qatar 0.13%
Greenland 0.00%
Sint Maarten (Dutch part) 0.00%
Antigua and Barbuda 0.00%
Gibraltar 0.00%
Liechtenstein 0.00%
Northern Mariana Islands 0.00%
Isle of Man 0.00%
British Virgin Islands 0.00%
Bermuda 0.00%
Faroe Islands 0.00%
Monaco 0.00%
Palau 0.00%
San Marino 0.00%
Andorra 0.00%
Cayman Islands 0.00%
St. Kitts and Nevis 0.00%
St. Martin (French part) 0.00%
Aruba 0.00%
Curacao 0.00%
Turks and Caicos Islands 0.00%
Seychelles 0.00%
Bahamas Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2022 10.09% -1.49%
2021 11.58% -0.98%
2020 12.56% 2.63%
2019 9.93% -0.07%
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% -0.21%
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% 12.17%
1990 0.00% 0.00%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%