Annual growth of imports of goods and services in Bahamas
Bahamas: Annual growth of imports of goods and services was 12.7% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Bahamas, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of imports of goods and services in Bahamas is 12.7%, measured in 2024.
That represents a change of down 16.6% on the previous year and up 64.2% over ten years.
Over the whole period, annual growth of imports of goods and services in Bahamas peaked at 19.2% in 2021 and was at its lowest, -27.4%, in 2020.
Bahamas ranks 20th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.5% | — |
| 2001 | -3.8% | -168.9% |
| 2002 | -2.8% | -26.6% |
| 2003 | 0.3% | -112.3% |
| 2004 | 3.5% | +940.2% |
| 2005 | 14.3% | +303.3% |
| 2006 | 12.2% | -14.5% |
| 2007 | -3.7% | -130.2% |
| 2008 | -5.9% | +60.1% |
| 2009 | -12.2% | +107.0% |
| 2010 | -0.4% | -96.8% |
| 2011 | 7.5% | -2006.2% |
| 2012 | -6.2% | -183.0% |
| 2013 | -1.5% | -76.0% |
| 2014 | 7.7% | -619.6% |
| 2015 | -5.9% | -176.7% |
| 2016 | 7.4% | -225.0% |
| 2017 | 7.8% | +5.6% |
| 2018 | -2.2% | -127.9% |
| 2019 | -3.4% | +56.6% |
| 2020 | -27.4% | +700.3% |
| 2021 | 19.2% | -170.1% |
| 2022 | -0.9% | -104.9% |
| 2023 | 15.2% | -1712.0% |
| 2024 | 12.7% | -16.6% |
Bahamas compared with similar countries
- Bahamas's 12.7% is above the median for high income countries, which is 2.5%, 5.1× the median. (59 countries reporting)
- Bahamas's 12.7% is above the median for Latin America & Caribbean, which is 3.4%, 3.8× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +2006.2% | -0.4% | 7.5% |
| 2023 | +1712.0% | -0.9% | 15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | -12.2% | 14.3% | 10 |
| 2010s | 1.1% | -6.2% | 7.8% | 10 |
| 2020s | 3.8% | -27.4% | 19.2% | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Bahamas?
- Annual growth of imports of goods and services in Bahamas was 12.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Bahamas?
- The highest recorded value was 19.2% in 2021.
- What is the lowest annual growth of imports of goods and services recorded in Bahamas?
- The lowest recorded value was -27.4% in 2020.
- How does Bahamas rank for annual growth of imports of goods and services?
- Bahamas ranks 20th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Bahamas?
- Over the last ten years it is up 64.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
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