Annual growth of general government final consumption expenditure in Bahamas
Bahamas: Annual growth of general government final consumption expenditure was 4.5 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Bahamas, 2000–2023
Source: Our World in Data.
Analysis
Bahamas recorded 4.5 for annual growth of general government final consumption expenditure in 2023.
Compared with earlier readings it is down 64.8% on the previous year and up 178.0% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Bahamas peaked at 16.63 in 2017 and was at its lowest, -22.77, in 2012.
That places Bahamas 34th out of 167 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.58 | — |
| 2001 | 2.81 | -21.5% |
| 2002 | -1.3 | -146.3% |
| 2003 | -10.31 | +693.1% |
| 2004 | -3.19 | -69.1% |
| 2005 | 3.13 | -198.1% |
| 2006 | 1.75 | -44.1% |
| 2007 | -0.17 | -109.7% |
| 2008 | 7.2 | -4335.3% |
| 2009 | 3.89 | -46.0% |
| 2010 | -0.29 | -107.5% |
| 2011 | 7.24 | -2596.6% |
| 2012 | -22.77 | -414.5% |
| 2013 | -5.77 | -74.7% |
| 2014 | -4.81 | -16.6% |
| 2015 | 10.5 | -318.3% |
| 2016 | -4.48 | -142.7% |
| 2017 | 16.63 | -471.2% |
| 2018 | -1.01 | -106.1% |
| 2019 | 13.27 | -1413.9% |
| 2020 | 9.14 | -31.1% |
| 2021 | -3.81 | -141.7% |
| 2022 | 12.78 | -435.4% |
| 2023 | 4.5 | -64.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.739 | -10.31 | 7.2 | 10 |
| 2010s | 0.851 | -22.77 | 16.63 | 10 |
| 2020s | 5.65 | -3.81 | 12.78 | 4 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 21.56 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2681 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 10,577 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 21.56 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.2681 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 10,577 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 19.77 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2364 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Bahamas?
- Annual growth of general government final consumption expenditure in Bahamas was 4.5 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Bahamas?
- The highest recorded value was 16.63 in 2017.
- What is the lowest annual growth of general government final consumption expenditure recorded in Bahamas?
- The lowest recorded value was -22.77 in 2012.
- How does Bahamas rank for annual growth of general government final consumption expenditure?
- Bahamas ranks 34th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 178.0%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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