• Link to X
  • Link to Facebook
  • Link to Instagram
  • Link to TikTok
  • Link to Youtube
  • About
    • About Us
      • President
      • Board of Directors
      • Board of Advisors
      • Financials
      • Our Methodology
      • Success Tracker
      • Contact
  • Act Now
    • 30 Ways to Help
      • Email Congress
      • Call Congress
      • Volunteer
      • Courses & Certificates
      • Be a Donor
    • Internships
      • In-Office Internships
      • Remote Internships
    • Legislation
      • Politics 101
  • The Blog
  • The Podcast
  • Magazine
  • Donate
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu
Blog - Latest News
Global Poverty

Seven Facts About Poverty in the Bahamas

poverty in the bahamas

While many Americans flock to the Bahamas for relaxing beach vacations, these tourists may not think about the economic hardships faced by their island hosts. Here are seven facts about the condition of poverty in the Bahamas:

  1. The poverty rate in the Bahamas currently sits at 12.5 percent. In 2001, the poverty rate was 9.3 percent. In 2014, the poverty line in the Bahamas stood at $4,247 compared to $2,863 as recorded in 2001.
  2. The current poverty rate is the highest for those in the under-20 demographic. Chairman of Citizens for Justice Bishop Walter Hanchell explained this statistic to The Freeport News, saying many recent high school graduates have trouble finding work as they lack the necessary skills.
  3. Unemployment contributes a great deal to poverty in the Bahamas. In 2013, unemployment was recorded at 16.2 percent and has gone down to 15.4 percent according to the 2014 Labor Force Survey. Bahamian scholar Rochelle R. Dean shared her thoughts on unemployment with Tribune242, saying, “the Bahamas has the resources, tools and labour force to reduce the unemployment rate, but lacks the vision and ambition to do so.”
  4. According to the Household Expenditure Survey, larger families are more likely to be in poverty, with 32 percent of households with seven or more members living below the poverty line.
  5. Haitians living in the Bahamas have the highest rate of poverty at 37.69 percent, although Haitians represent only 7.48 percent of the Bahamian population. The poverty rates among the islands in the Bahamas vary greatly: poverty rates are the highest within the Family Islands and lowest in Grand Bahama.
  6. Households led by women are more likely to face poverty in the Bahamas (9.7 percent) than households led by men (7.9 percent). According to the Nassau Guardian, women represent slightly more of the poor population at 51.83 percent.
  7. In 2012, 10,000 people received financial aid from the Bahamian government, an astounding increase from the 3,000 people in 2004.

Although multiple leaders in the Bahamas are at odds about how to improve the economy, all agree that something must be done, soon. With increasing poverty and unemployment rates, the citizens and leaders of the Bahamas must find a way to come together to improve these conditions.

– Carrie Robinson

Photo: Flickr

August 18, 2016
Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg 0 0 Borgen Project https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg Borgen Project2016-08-18 01:30:262024-06-04 05:25:33Seven Facts About Poverty in the Bahamas

Get Smarter

  • Global Poverty 101
  • Global Poverty… The Good News
  • Global Poverty & U.S. Jobs
  • Global Poverty and National Security
  • Innovative Solutions to Poverty
  • Global Poverty & Aid FAQ’s
Search Search

Take Action

  • Call Congress
  • Email Congress
  • Donate
  • 30 Ways to Help
  • Volunteer Ops
  • Internships
  • Courses & Certificates
  • The Podcast
Borgen Project

“The Borgen Project is an incredible nonprofit organization that is addressing poverty and hunger and working towards ending them.”

-The Huffington Post

Inside The Borgen Project

  • Contact
  • About
  • Financials
  • President
  • Board of Directors
  • Board of Advisors

International Links

  • UK Email Parliament
  • UK Donate
  • Canada Email Parliament

Get Smarter

  • Global Poverty 101
  • Global Poverty… The Good News
  • Global Poverty & U.S. Jobs
  • Global Poverty and National Security
  • Innovative Solutions to Poverty
  • Global Poverty & Aid FAQ’s

Ways to Help

  • Call Congress
  • Email Congress
  • Donate
  • 30 Ways to Help
  • Volunteer Ops
  • Internships
  • Courses & Certificates
  • The Podcast
Link to: Cell Phones in Africa Transform Banking Link to: Cell Phones in Africa Transform Banking Cell Phones in Africa Transform Banking Link to: How USAID is Improving Access to Education in Niger Link to: How USAID is Improving Access to Education in Niger How USAID is Improving Access to Education in Niger
Scroll to top Scroll to top Scroll to top