Annual growth of the gross capital formation in Bahamas
Bahamas: Annual growth of the gross capital formation was 19.8% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Bahamas, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the gross capital formation in Bahamas is 19.8%, measured in 2024.
The figure is up 251.3% on the previous year and up 52.7% over ten years.
Over the whole period, annual growth of the gross capital formation in Bahamas peaked at 27.4% in 2012 and was at its lowest, -29.4%, in 2020.
That places Bahamas 17th out of 174 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 19.5% | — |
| 2001 | -11.5% | -159.0% |
| 2002 | 3.8% | -133.2% |
| 2003 | 5.0% | +31.7% |
| 2004 | -8.0% | -260.1% |
| 2005 | 22.0% | -374.3% |
| 2006 | 19.7% | -10.8% |
| 2007 | -3.2% | -116.2% |
| 2008 | -7.7% | +141.5% |
| 2009 | -13.3% | +73.1% |
| 2010 | -7.5% | -43.6% |
| 2011 | 14.5% | -293.1% |
| 2012 | 27.4% | +89.3% |
| 2013 | -10.6% | -138.8% |
| 2014 | 13.0% | -221.8% |
| 2015 | -18.0% | -239.1% |
| 2016 | 5.3% | -129.4% |
| 2017 | 10.4% | +96.5% |
| 2018 | -6.3% | -160.5% |
| 2019 | 2.0% | -132.3% |
| 2020 | -29.4% | -1544.7% |
| 2021 | 22.4% | -176.1% |
| 2022 | 5.7% | -74.4% |
| 2023 | 5.6% | -1.8% |
| 2024 | 19.8% | +251.3% |
Bahamas compared with similar countries
- Bahamas's 19.8% is above the median for high income countries, which is -0.2%. (55 countries reporting)
- Bahamas's 19.8% is above the median for Latin America & Caribbean, which is 3.3%, 6.0× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation 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 |
|---|---|---|---|
| 2020 | -1544.7% | 2.0% | -29.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | -13.3% | 22.0% | 10 |
| 2010s | 3.0% | -18.0% | 27.4% | 10 |
| 2020s | 4.8% | -29.4% | 22.4% | 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 the gross capital formation in Bahamas?
- Annual growth of the gross capital formation in Bahamas was 19.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Bahamas?
- The highest recorded value was 27.4% in 2012.
- What is the lowest annual growth of the gross capital formation recorded in Bahamas?
- The lowest recorded value was -29.4% in 2020.
- How does Bahamas rank for annual growth of the gross capital formation?
- Bahamas ranks 17th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Bahamas?
- Over the last ten years it is up 52.7%. 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 gross capital formation (%). Statizoid updates them automatically from the source API.
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