Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Bahamas
Bahamas: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 0.9419 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Bahamas, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Bahamas recorded 0.9419 Percent per annum for africa's development dynamics (afdd) table 04 - annual real gdp in 2029.
That represents a change of up 2.3% on the previous year and up 167.5% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Bahamas peaked at 16.57 Percent per annum in 2021 and was at its lowest, -23.87 Percent per annum, in 2020.
Bahamas ranks 144th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Bahamas, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | -0.8843 Percent per annum | — |
| 1991 | -6.05 Percent per annum | +584.0% |
| 1992 | -5.84 Percent per annum | -3.4% |
| 1993 | -1.85 Percent per annum | -68.4% |
| 1994 | 1.1 Percent per annum | -159.7% |
| 1995 | 2.44 Percent per annum | +121.6% |
| 1996 | 2.39 Percent per annum | -2.3% |
| 1997 | 3.17 Percent per annum | +33.0% |
| 1998 | 2.98 Percent per annum | -6.1% |
| 1999 | 5.51 Percent per annum | +85.0% |
| 2000 | 2.63 Percent per annum | -52.3% |
| 2001 | 1.19 Percent per annum | -54.8% |
| 2002 | 1.36 Percent per annum | +14.2% |
| 2003 | -2.57 Percent per annum | -289.4% |
| 2004 | -0.4697 Percent per annum | -81.8% |
| 2005 | 1.99 Percent per annum | -524.5% |
| 2006 | 1.1 Percent per annum | -44.6% |
| 2007 | 0.0278 Percent per annum | -97.5% |
| 2008 | -3.7 Percent per annum | -13434.6% |
| 2009 | -5.55 Percent per annum | +49.7% |
| 2010 | 0.1201 Percent per annum | -102.2% |
| 2011 | -0.6324 Percent per annum | -626.4% |
| 2012 | 2.38 Percent per annum | -477.1% |
| 2013 | -3.77 Percent per annum | -257.9% |
| 2014 | 0.9362 Percent per annum | -124.9% |
| 2015 | 0.0794 Percent per annum | -91.5% |
| 2016 | -1.58 Percent per annum | -2096.1% |
| 2017 | 1.74 Percent per annum | -209.9% |
| 2018 | 2.18 Percent per annum | +25.1% |
| 2019 | -1.39 Percent per annum | -164.0% |
| 2020 | -23.87 Percent per annum | +1611.7% |
| 2021 | 16.57 Percent per annum | -169.4% |
| 2022 | 13.79 Percent per annum | -16.8% |
| 2023 | 3.64 Percent per annum | -73.6% |
| 2024 | 1.66 Percent per annum | -54.4% |
| 2025 | 1.17 Percent per annum | -29.2% |
| 2026 | 0.9918 Percent per annum | -15.6% |
| 2027 | 0.9049 Percent per annum | -8.8% |
| 2028 | 0.9209 Percent per annum | +1.8% |
| 2029 | 0.9419 Percent per annum | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2975 Percent per annum | -6.05 Percent per annum | 5.51 Percent per annum | 10 |
| 2000s | -0.3989 Percent per annum | -5.55 Percent per annum | 2.63 Percent per annum | 10 |
| 2010s | 0.0063 Percent per annum | -3.77 Percent per annum | 2.38 Percent per annum | 10 |
| 2020s | 1.67 Percent per annum | -23.87 Percent per annum | 16.57 Percent per annum | 10 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 3.6 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.3778 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 14,908 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.18 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3039 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 11,991 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 22.61 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 10,160 current US$ per person (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Bahamas?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Bahamas was 0.9419 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Bahamas?
- The highest recorded value was 16.57 Percent per annum in 2021.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Bahamas?
- The lowest recorded value was -23.87 Percent per annum in 2020.
- How does Bahamas rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Bahamas ranks 144th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Bahamas?
- Over the last ten years it is up 167.5%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.