Unemployment Rate in Barbados decreased to 10.10 percent in the second quarter of 2019 from 11.90 percent in the first quarter of 2019. Unemployment Rate in Barbados averaged 10.55 percent from 2008 until 2019, reaching an all time high of 13.20 percent in the second quarter of 2014 and a record low of 7.60 percent in the fourth quarter of 2008.

Unemployment Rate in Barbados is expected to be 10.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Barbados to stand at 10.60 in 12 months time. In the long-term, the Barbados Unemployment Rate is projected to trend around 10.30 percent in 2020, according to our econometric models.

Barbados Unemployment Rate
Forecast Data Chart
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Barbados Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.10 11.90 13.20 7.60 percent [+]
Unemployed Persons 14.10 16.00 19.10 0.00 Thousand [+]
Labor Force Participation Rate 65.90 65.50 70.60 14.10 percent [+]
Employed Persons 125.20 119.20 136.70 89.00 Thousand [+]

Barbados Unemployment Rate

This page provides - Barbados Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Barbados Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10.10 11.90 13.20 7.60 2008 - 2019 percent Quarterly

Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.90 Jul/19
Brazil 11.80 Aug/19
Argentina 10.60 Jun/19
Italy 9.50 Aug/19
France 8.50 Jun/19
Euro Area 7.40 Aug/19
India 6.00 Dec/18
Saudi Arabia 5.60 Jun/19
Canada 5.50 Sep/19
Australia 5.20 Sep/19
Indonesia 5.01 Mar/19
Russia 4.50 Sep/19
United Kingdom 3.90 Aug/19
Mexico 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Sep/19
United States 3.50 Sep/19
South Korea 3.40 Sep/19
Germany 3.10 Aug/19
Japan 2.20 Aug/19
Singapore 2.20 Jun/19
Switzerland 2.10 Sep/19