Central government debt, total in Bahamas
Bahamas: Central government debt, total was 71.5% in 2024. ▲ Rising
Central government debt, total in Bahamas, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, central government debt, total in Bahamas stood at 71.5%.
That represents a change of down 3.1% on the previous year and up 54.3% over ten years.
Over the whole period, central government debt, total in Bahamas peaked at 82.5% in 2021 and was at its lowest, 18.8%, in 2000.
Bahamas ranks 21st of 83 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Central government debt, total in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 24.4% | — |
| 1991 | 28.0% | +14.6% |
| 1992 | 30.6% | +9.5% |
| 1993 | 34.4% | +12.4% |
| 1994 | 34.9% | +1.3% |
| 1995 | 34.0% | -2.5% |
| 1996 | 34.2% | +0.7% |
| 1997 | 21.7% | -36.5% |
| 1998 | 21.0% | -3.6% |
| 1999 | 19.6% | -6.3% |
| 2000 | 18.8% | -4.5% |
| 2006 | 22.8% | +21.5% |
| 2007 | 23.0% | +0.9% |
| 2008 | 25.5% | +10.7% |
| 2009 | 30.9% | +21.4% |
| 2010 | 33.7% | +9.0% |
| 2011 | 35.3% | +4.8% |
| 2012 | 36.4% | +3.2% |
| 2013 | 44.8% | +22.8% |
| 2014 | 46.3% | +3.5% |
| 2015 | 47.6% | +2.8% |
| 2016 | 50.2% | +5.4% |
| 2017 | 52.6% | +4.8% |
| 2018 | 56.5% | +7.4% |
| 2019 | 56.7% | +0.3% |
| 2020 | 79.0% | +39.4% |
| 2021 | 82.5% | +4.4% |
| 2022 | 77.7% | -5.9% |
| 2023 | 73.7% | -5.1% |
| 2024 | 71.5% | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.3% | 19.6% | 34.9% | 10 |
| 2000s | 24.2% | 18.8% | 30.9% | 5 |
| 2010s | 46.0% | 33.7% | 56.7% | 10 |
| 2020s | 76.9% | 71.5% | 82.5% | 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 central government debt, total in Bahamas?
- Central government debt, total in Bahamas was 71.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Bahamas?
- The highest recorded value was 82.5% in 2021.
- What is the lowest central government debt, total recorded in Bahamas?
- The lowest recorded value was 18.8% in 2000.
- How does Bahamas rank for central government debt, total?
- Bahamas ranks 21st out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Bahamas?
- Over the last ten years it is up 54.3%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.