Barbados: Unemployment rate

* indicates monthly or quarterly data series

Unemployment rate, percent

 Latest value 8.5
 Reference Q2 2023
 Measure percent
 Data availability Q4 2000 - Q2 2023
 Average 10.28
 Min - Max 6.7 - 17.85
 Source The Central Bank of Barbados
For that indicator, we provide data for Barbados from Q4 2000 to Q2 2023. The average value for Barbados during that period was 10.28 percent with a minimum of 6.7 percent in Q4 2007 and a maximum of 17.85 percent in Q3 2020. Click on the following link to see the values of Unemployment rate, percent around the world.
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* indicates monthly or quarterly data series

Recent values chart
Barbados - Unemployment rate  - recent values

Historical chart
Barbados - Unemployment rate  - historical chart - 2000-2023
Measure: percent
Source: The Central Bank of Barbados

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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest value Reference Measure
 Labor force 0.14 2022 million people
 Unemployment rate 8.50 2022 percent
 Female unemployment 7.26 2022 percent
 Male unemployment 9.15 2022 percent
 Youth unemployment 24.56 2023 percent
 Labor force participation 62.03 2023 percent
 Labor force: percent female 50.10 2022 percent
 Female labor force participation 58.50 2023 percent
 Male labor force participation 65.95 2023 percent
 Self-employment 20.46 2022 percent
 Informal employment 62.20 2016 percent
 Employment 0.13 Q3/2022 million employed people
 Unemployment rate 7.10 Q3/2022 percent
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