Unemployment rates: modeled vs. national estimates in Barbados
Barbados: Unemployment rates: modeled vs. national estimates was 6.0% in 2024. ▼ Falling
Unemployment rates: modeled vs. national estimates in Barbados, 1976–2024
Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for unemployment rates: modeled vs. national estimates in Barbados is 6.0%, measured in 2024. That is the lowest value across all 41 years on record.
Compared with earlier readings it is down 7.8% on the previous year and down 51.0% over ten years.
Over the whole period, unemployment rates: modeled vs. national estimates in Barbados peaked at 24.5% in 1993 and was at its lowest, 6.0%, in 2024.
Barbados ranks 76th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.1% | 11.3% | 15.7% | 4 |
| 1980s | 15.4% | 10.9% | 18.9% | 10 |
| 1990s | 17.5% | 10.6% | 24.5% | 10 |
| 2000s | 10.1% | 9.3% | 11.0% | 5 |
| 2010s | 9.7% | 8.2% | 12.3% | 8 |
| 2020s | 7.7% | 6.0% | 11.0% | 4 |
Countries ranked near Barbados
More reference data data for Barbados
- Universal right to vote in practice 2 (2025)
- Consumer price index 146.53 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
- Elected parliament 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Democracy 7 (2025)
- Civil liberties rating 1 (2025)
- Free country 2 (2025)
Frequently asked questions
- What is unemployment rates: modeled vs. national estimates in Barbados?
- Unemployment rates: modeled vs. national estimates in Barbados was 6.0% in 2024, 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 Barbados?
- The highest recorded value was 24.5% in 1993.
- What is the lowest unemployment rates: modeled vs. national estimates recorded in Barbados?
- The lowest recorded value was 6.0% in 2024.
- How does Barbados rank for unemployment rates: modeled vs. national estimates?
- Barbados ranks 76th out of 185 countries with data for 2024.
- Is unemployment rates: modeled vs. national estimates rising or falling in Barbados?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is falling.
- Where does this Barbados 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 — 41 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.