Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force

1991 - 2023 | Yearly | % | World Bank

Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force data was reported at 7.955 % in 2023. This records a decrease from the previous number of 8.501 % for 2022. Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force data is updated yearly, averaging 10.020 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 24.540 % in 1993 and a record low of 7.410 % in 2007. Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Employment and Unemployment. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.;International Labour Organization. “ILO Modelled Estimates and Projections database (ILOEST)” ILOSTAT. Accessed February 06, 2024. https://ilostat.ilo.org/data/.;Weighted average;National estimates are also available in the WDI database. Caution should be used when comparing ILO estimates with national estimates.

View Barbados's Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force from 1991 to 2023 in the chart:

Barbados Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force

What was Barbados's Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force in 2023?

Last Previous Min Max Unit Frequency Range
7.955 2023 8.501 2022 7.410 2007 24.540 1993 % yearly 1991 - 2023

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Barbados Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 22,233.861 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 26,056.630 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 1.840 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BBD bn) 4.732 2030 yearly 1995 - 2030
Forecast: Government Net Debt (BBD bn) 14.552 2030 yearly 1995 - 2030
Forecast: Government Revenue (BBD bn) 4.848 2030 yearly 1995 - 2030
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.294 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.677 2029 yearly 1981 - 2029
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.427 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.445 2029 yearly 1980 - 2029

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