Latin America and the Caribbean

Graduate jobs and salaries in Barbados

Updated Data years: 2016, 2024 How we use data

Older data (2016) The latest official figure is from 2016. It may not reflect today's labour market.

Quick answer

In Barbados, employees with tertiary education earned a median of BBD 4,000 a month in 2016 (PPP$ 1,667) — +99% compared with all employees. Their unemployment rate was 3.0%, against 4.7% for all adults aged 25 and over (2024).

Sources: ILOSTAT (ILO)

Do graduates earn more in Barbados?

Median monthly earnings by education level, Barbados, 2016Employees, median monthly earnings. PPP$ adjusts for price differences between countries.
Education levelLocal currency a monthPPP$ a monthvs all employees
Basic education BBD 1,671 696 -17%
Intermediate education BBD 1,900 792 -5%
Advanced (tertiary) education BBD 4,000 1,667 +99%
All levels BBD 2,006 836 —

The degree premium ranks 28 of 128 countries with data. That is above the Latin America and the Caribbean median of +67%.

Which occupations pay the most in Barbados?

Median monthly earnings by occupation group in 2016, from highest to lowest. Examples link to our career profiles.

Occupation groupLocal currency a monthPPP$ a monthvs all employees
Managers
Construction manager, Marketing manager, Project manager, Supply chain manager
BBD 4,909 2,046 +145%
Professionals
Software developer, Web developer, Data scientist, Data analyst
BBD 4,600 1,917 +129%
Technicians and associate professionals
IT support technician, Paramedic, Biomedical scientist, Paralegal
BBD 2,883 1,201 +44%
Clerical support workers BBD 2,600 1,083 +30%
Craft and related trades workers BBD 2,000 833 0%
Plant and machine operators and assemblers BBD 1,906 794 -5%
Service and sales workers
Police officer
BBD 1,600 667 -20%
Elementary occupations BBD 1,499 625 -25%
Skilled agricultural, forestry and fishery workers BBD 1,400 583 -30%
All occupationsBBD 2,006836—

Are graduates less likely to be unemployed in Barbados?

Unemployment rate by education level, 2024
Education levelAdults 25+Young people 15–24
Basic education5.7%21.1%
Intermediate education5.1%—
Advanced (tertiary) education3.0%—
All levels4.7%16.4%

Unemployment among tertiary-educated adults is the 41 lowest of 130 countries with data. The Latin America and the Caribbean median is 3.9%.

Unemployment over time, adults 25+

Advanced (tertiary) educationAll levels
0.04.99.8 20152024

Studying and working in Barbados

Rules on student visas, work after graduation and recognition of qualifications change often. Use the official sources below and check the date on any advice you read.

Guide: how to choose a country to study in · Guide: getting your degree recognised abroad

Country context

Population
282.6K (2025)
GDP per person (PPP)
$25,894 (2025)
Tertiary enrolment (gross)
50.8% (2025)

Questions about graduate jobs in Barbados

Do graduates earn more than non-graduates in Barbados?

According to the International Labour Organization, employees in Barbados with tertiary education earned a median of BBD 4,000 a month in 2016, compared with BBD 2,006 for all employees — +99%. The degree premium ranks 28 of 128 countries with data.

What is the unemployment rate for graduates in Barbados?

In 2024, the unemployment rate for adults aged 25 and over with tertiary education in Barbados was 3.0%, compared with 4.7% for all adults.

Which jobs pay the most in Barbados?

The best-paid occupation group in Barbados in 2016 was “Managers”, with median monthly earnings of BBD 4,909 (PPP$ 2,046). Professionals, the group that includes most graduate careers, earned a median of BBD 4,600.

Compare with other countries in Latin America and the Caribbean

Compare Barbados side by side

  • Bahamas

    +47%
    more for tertiary-educated employees (2024)

    Latin America and the Caribbean
  • Belize

    +67%
    more for tertiary-educated employees (2019)

    Latin America and the Caribbean
  • Saint Lucia

    +185%
    more for tertiary-educated employees (2016)

    Latin America and the Caribbean
  • Suriname

    +78%
    more for tertiary-educated employees (2016)

    Latin America and the Caribbean
  • Guyana

    +46%
    more for tertiary-educated employees (2024)

    Latin America and the Caribbean
  • Antigua and Barbuda

    +40%
    more for tertiary-educated employees (2023)

    Latin America and the Caribbean

Sources

  1. ILOSTAT — Median monthly earnings of employees by education — HIES - Survey on Living Conditions, 2016
  2. ILOSTAT — Median monthly earnings of employees by occupation — HIES - Survey on Living Conditions, 2016
  3. ILOSTAT — Unemployment rate by age and education — LFS - Labour Force Survey, 2024
  4. World Bank — World Development Indicators — Population, GDP per person (PPP) and tertiary enrolment

How to cite this page: CourseToJob (2026). Barbados: graduate salaries, jobs and unemployment. https://coursetojob.com/countries/barbados/ (accessed September 26, 2026)

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