Unemployment rates: modeled vs. national estimates in Bahamas
Bahamas: Unemployment rates: modeled vs. national estimates was 10.3% in 2023. ▼ Falling
Unemployment rates: modeled vs. national estimates in Bahamas, 1973–2023
Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.
Analysis
Bahamas recorded 10.3% for unemployment rates: modeled vs. national estimates in 2023.
Compared with earlier readings it is down 36.1% over ten years.
Over the whole period, unemployment rates: modeled vs. national estimates in Bahamas peaked at 21.2% in 1975 and was at its lowest, 6.9%, in 2001.
Bahamas ranks 31st of 185 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Unemployment rates: modeled vs. national estimates in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 1973 | 8.5% | — |
| 1975 | 21.2% | +149.4% |
| 1977 | 20.7% | -2.4% |
| 1979 | 14.7% | -29.0% |
| 1986 | 12.2% | -17.2% |
| 1988 | 11.0% | -9.5% |
| 1989 | 11.7% | +6.2% |
| 1990 | 7.8% | -33.6% |
| 1991 | 12.3% | +58.1% |
| 1992 | 14.8% | +20.5% |
| 1993 | 12.8% | -13.6% |
| 1994 | 13.3% | +3.9% |
| 1995 | 10.9% | -18.0% |
| 1996 | 11.5% | +5.6% |
| 1997 | 9.8% | -14.9% |
| 1998 | 7.9% | -19.8% |
| 1999 | 7.8% | -0.7% |
| 2001 | 6.9% | -11.7% |
| 2002 | 9.1% | +32.2% |
| 2003 | 10.8% | +19.1% |
| 2004 | 10.2% | -5.8% |
| 2005 | 10.2% | -0.3% |
| 2006 | 7.6% | -25.2% |
| 2007 | 7.9% | +3.3% |
| 2008 | 8.7% | +10.9% |
| 2009 | 14.2% | +63.0% |
| 2011 | 14.5% | +2.3% |
| 2012 | 14.7% | +1.2% |
| 2013 | 16.2% | +10.1% |
| 2014 | 13.8% | -14.7% |
| 2015 | 12.0% | -13.0% |
| 2016 | 12.7% | +5.8% |
| 2017 | 9.8% | -22.8% |
| 2018 | 10.0% | +2.0% |
| 2019 | 9.3% | -6.6% |
| 2023 | 10.3% | +10.8% |
Bahamas compared with similar countries
- Bahamas's 10.3% is above the median for high income countries, which is 4.9%, 2.1× the median. (77 countries reporting)
- Bahamas's 10.3% is above the median for Latin America & Caribbean, which is 6.3%, 1.6× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Unemployment rates: modeled vs. national estimates in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +149.4% | 8.5% | 21.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.3% | 8.5% | 21.2% | 4 |
| 1980s | 11.6% | 11.0% | 12.2% | 3 |
| 1990s | 10.9% | 7.8% | 14.8% | 10 |
| 2000s | 9.5% | 6.9% | 14.2% | 9 |
| 2010s | 12.6% | 9.3% | 16.2% | 9 |
| 2020s | 10.3% | 10.3% | 10.3% | 1 |
Countries ranked near Bahamas
- 28 Spain 10.5% compare
- 29 Mauritania 10.4% compare
- 30 Angola 10.4% compare
- 32 New Caledonia 10.2% compare
- 33 Ukraine 9.8% compare
- 34 Marshall Islands 9.8% compare
More reference data data for Bahamas
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.018 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0145 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0325 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0325 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0605 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0228 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0775 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.161 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is unemployment rates: modeled vs. national estimates in Bahamas?
- Unemployment rates: modeled vs. national estimates in Bahamas was 10.3% in 2023, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest unemployment rates: modeled vs. national estimates recorded in Bahamas?
- The highest recorded value was 21.2% in 1975.
- What is the lowest unemployment rates: modeled vs. national estimates recorded in Bahamas?
- The lowest recorded value was 6.9% in 2001.
- How does Bahamas rank for unemployment rates: modeled vs. national estimates?
- Bahamas ranks 31st out of 185 countries with data for 2023.
- Is unemployment rates: modeled vs. national estimates rising or falling in Bahamas?
- Over the last ten years it is down 36.1%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.