Annual growth of the general government final consumption expenditure in Bahamas
Bahamas: Annual growth of the general government final consumption expenditure was 0.9% in 2024. ◆ Volatile
Latest (2024)
0.9%
Change on year
down 87.9%
World rank
120th
of 181 countries
All-time high
29.6%
in 2020
All-time low
-22.6%
in 2012
Years of data
25
2000–2024
Annual growth of the general government final consumption expenditure in Bahamas, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Bahamas recorded 0.9% for annual growth of the general government final consumption expenditure in 2024.
That represents a change of down 87.9% on the previous year and up 116.2% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Bahamas peaked at 29.6% in 2020 and was at its lowest, -22.6%, in 2012.
Bahamas ranks 120th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.6% | — |
| 2001 | 2.8% | -21.3% |
| 2002 | -1.3% | -146.3% |
| 2003 | -10.3% | +690.9% |
| 2004 | -3.2% | -69.1% |
| 2005 | 3.1% | -198.3% |
| 2006 | 1.8% | -44.1% |
| 2007 | -0.2% | -109.6% |
| 2008 | 7.2% | -4390.2% |
| 2009 | 3.9% | -46.0% |
| 2010 | -0.3% | -107.5% |
| 2011 | 7.2% | -2570.3% |
| 2012 | -22.6% | -412.6% |
| 2013 | -5.2% | -76.9% |
| 2014 | -5.3% | +2.0% |
| 2015 | 10.5% | -296.5% |
| 2016 | -4.5% | -142.4% |
| 2017 | 16.7% | -475.0% |
| 2018 | -1.0% | -105.9% |
| 2019 | 15.6% | -1679.5% |
| 2020 | 29.6% | +90.0% |
| 2021 | -4.1% | -113.8% |
| 2022 | -5.3% | +30.0% |
| 2023 | 7.2% | -235.6% |
| 2024 | 0.9% | -87.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | -10.3% | 7.2% | 10 |
| 2010s | 1.1% | -22.6% | 16.7% | 10 |
| 2020s | 5.7% | -5.3% | 29.6% | 5 |
Countries ranked near Bahamas
- 117 Kazakhstan 1.0% compare
- 118 Guatemala 0.9% compare
- 119 Benin 0.9% compare
- 121 Timor-Leste 0.9% compare
- 121 Timor-Leste 0.9% compare
- 123 Estonia 0.9% compare
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 the general government final consumption expenditure in Bahamas?
- Annual growth of the general government final consumption expenditure in Bahamas was 0.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Bahamas?
- The highest recorded value was 29.6% in 2020.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Bahamas?
- The lowest recorded value was -22.6% in 2012.
- How does Bahamas rank for annual growth of the general government final consumption expenditure?
- Bahamas ranks 120th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 116.2%. 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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