Unemployment Rate in Bahamas increased to 10.70 percent in 2018 from 10.10 percent in 2017. Unemployment Rate in Bahamas averaged 10.71 percent from 1998 until 2018, reaching an all time high of 15.70 percent in 2014 and a record low of 6.90 percent in 2000. source: Bahamas Department of Statistics

Unemployment Rate in Bahamas is expected to be 12.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Unemployment Rate is projected to trend around 12.00 percent in 2020, according to our econometric models.

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Bahamas Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.70 10.10 15.70 6.90 1998 - 2018 percent Yearly

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.

Bahamas Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.70 10.10 15.70 6.90 percent [+]
Population 0.39 0.38 0.39 0.11 Million [+]