Current account balance (BoP, current US$) in Bahamas
Bahamas: Current account balance (BoP, current US$) was -1.05 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bahamas recorded -1.05 billion BoP, current US$ for current account balance in 2024.
The figure is up 1.5% on the previous year and up 44.2% over ten years.
Over the whole period, current account balance in Bahamas peaked at 68.10 million BoP, current US$ in 1976 and was at its lowest, -2.43 billion BoP, current US$, in 2021.
That places Bahamas 130th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Bahamas, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 68.10 million BoP, current US$ | — |
| 1977 | 28.90 million BoP, current US$ | -57.6% |
| 1978 | 2.40 million BoP, current US$ | -91.7% |
| 1979 | -42.90 million BoP, current US$ | -1887.5% |
| 1980 | -75.30 million BoP, current US$ | +75.5% |
| 1981 | -139.90 million BoP, current US$ | +85.8% |
| 1982 | -115.40 million BoP, current US$ | -17.5% |
| 1983 | -100.60 million BoP, current US$ | -12.8% |
| 1984 | -100.30 million BoP, current US$ | -0.3% |
| 1985 | -2.70 million BoP, current US$ | -97.3% |
| 1986 | 23.00 million BoP, current US$ | -951.9% |
| 1987 | -54.80 million BoP, current US$ | -338.3% |
| 1988 | -66.50 million BoP, current US$ | +21.4% |
| 1989 | -84.20 million BoP, current US$ | +26.6% |
| 1990 | -36.60 million BoP, current US$ | -56.5% |
| 1991 | -179.80 million BoP, current US$ | +391.3% |
| 1992 | 35.80 million BoP, current US$ | -119.9% |
| 1993 | 48.66 million BoP, current US$ | +35.9% |
| 1994 | -42.20 million BoP, current US$ | -186.7% |
| 1995 | -145.90 million BoP, current US$ | +245.7% |
| 1996 | -263.30 million BoP, current US$ | +80.5% |
| 1997 | -472.10 million BoP, current US$ | +79.3% |
| 1998 | -995.40 million BoP, current US$ | +110.8% |
| 1999 | -324.40 million BoP, current US$ | -67.4% |
| 2000 | -632.94 million BoP, current US$ | +95.1% |
| 2001 | -644.96 million BoP, current US$ | +1.9% |
| 2002 | -423.32 million BoP, current US$ | -34.4% |
| 2003 | -473.51 million BoP, current US$ | +11.9% |
| 2004 | -307.12 million BoP, current US$ | -35.1% |
| 2005 | -700.64 million BoP, current US$ | +128.1% |
| 2006 | -1.40 billion BoP, current US$ | +100.3% |
| 2007 | -1.32 billion BoP, current US$ | -6.3% |
| 2008 | -1.22 billion BoP, current US$ | -7.1% |
| 2009 | -808.98 million BoP, current US$ | -33.8% |
| 2010 | -814.04 million BoP, current US$ | +0.6% |
| 2011 | -1.20 billion BoP, current US$ | +47.8% |
| 2012 | -1.50 billion BoP, current US$ | +25.1% |
| 2013 | -1.49 billion BoP, current US$ | -0.7% |
| 2014 | -1.89 billion BoP, current US$ | +26.2% |
| 2015 | -1.20 billion BoP, current US$ | -36.2% |
| 2016 | -710.79 million BoP, current US$ | -40.9% |
| 2017 | -1.57 billion BoP, current US$ | +121.5% |
| 2018 | -1.12 billion BoP, current US$ | -29.2% |
| 2019 | -345.48 million BoP, current US$ | -69.0% |
| 2020 | -2.28 billion BoP, current US$ | +561.3% |
| 2021 | -2.43 billion BoP, current US$ | +6.5% |
| 2022 | -1.23 billion BoP, current US$ | -49.4% |
| 2023 | -1.07 billion BoP, current US$ | -13.3% |
| 2024 | -1.05 billion BoP, current US$ | -1.5% |
Bahamas compared with similar countries
- Bahamas's -1.05 billion BoP, current US$ is below the median for high income countries, which is 194.40 million BoP, current US$. (72 countries reporting)
- Bahamas's -1.05 billion BoP, current US$ is below the median for Latin America & Caribbean, which is -274.97 million BoP, current US$, 3.8× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) 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 |
|---|---|---|---|
| 1979 | -1887.5% | 2.40 million BoP, current US$ | -42.90 million BoP, current US$ |
| 1986 | +951.9% | -2.70 million BoP, current US$ | 23.00 million BoP, current US$ |
| 2020 | -561.3% | -345.48 million BoP, current US$ | -2.28 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.12 million BoP, current US$ | -42.90 million BoP, current US$ | 68.10 million BoP, current US$ | 4 |
| 1980s | -71.67 million BoP, current US$ | -139.90 million BoP, current US$ | 23.00 million BoP, current US$ | 10 |
| 1990s | -237.52 million BoP, current US$ | -995.40 million BoP, current US$ | 48.66 million BoP, current US$ | 10 |
| 2000s | -793.24 million BoP, current US$ | -1.40 billion BoP, current US$ | -307.12 million BoP, current US$ | 10 |
| 2010s | -1.19 billion BoP, current US$ | -1.89 billion BoP, current US$ | -345.48 million BoP, current US$ | 10 |
| 2020s | -1.61 billion BoP, current US$ | -2.43 billion BoP, current US$ | -1.05 billion BoP, current US$ | 5 |
Countries ranked near Bahamas
- 127 Madagascar -1.02 billion BoP, current US$ compare
- 128 Mauritania -1.04 billion BoP, current US$ compare
- 129 Mauritius -1.05 billion BoP, current US$ compare
- 131 Belgium -1.13 billion BoP, current US$ compare
- 132 Belarus -1.14 billion BoP, current US$ compare
- 133 Mali -1.16 billion BoP, current US$ compare
More economy & growth data for Bahamas
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Bahamas?
- Current account balance in Bahamas was -1.05 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Bahamas?
- The highest recorded value was 68.10 million BoP, current US$ in 1976.
- What is the lowest current account balance recorded in Bahamas?
- The lowest recorded value was -2.43 billion BoP, current US$ in 2021.
- How does Bahamas rank for current account balance?
- Bahamas ranks 130th out of 200 countries with data for 2024.
- Is current account balance rising or falling in Bahamas?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.