Unemployment rates: modeled vs. national estimates in Bahamas

Bahamas: Unemployment rates: modeled vs. national estimates was 10.3% in 2023. ▼ Falling

Latest (2023)
10.3%
World rank
31st
of 185 countries
All-time high
21.2%
in 1975
All-time low
6.9%
in 2001
Years of data
36
1973–2023

Unemployment rates: modeled vs. national estimates in Bahamas, 1973–2023

51015201973199820231973: 8.5 %1975: 21.2 %1977: 20.7 %1979: 14.7 %1986: 12.2 %1988: 11 %1989: 11.7 %1990: 7.8 %1991: 12.3 %1992: 14.8 %1993: 12.8 %1994: 13.3 %1995: 10.9 %1996: 11.5 %1997: 9.8 %1998: 7.9 %1999: 7.8 %2001: 6.9 %2002: 9.1 %2003: 10.8 %2004: 10.2 %2005: 10.2 %2006: 7.6 %2007: 7.9 %2008: 8.7 %2009: 14.2 %2011: 14.5 %2012: 14.7 %2013: 16.2 %2014: 13.8 %2015: 12 %2016: 12.7 %2017: 9.8 %2018: 10 %2019: 9.3 %2023: 10.3 %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 28 Spain 10.5% compare
  2. 29 Mauritania 10.4% compare
  3. 30 Angola 10.4% compare
  4. 32 New Caledonia 10.2% compare
  5. 33 Ukraine 9.8% compare
  6. 34 Marshall Islands 9.8% compare

See the full ranking of 185 places →

More reference data data for Bahamas

All data for Bahamas →

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

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

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.