Current account balance in Bahamas
Bahamas: Current account balance 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$, in 2021.
That places Bahamas 128th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.12 million BoP, current US$ | -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
- 125 Bosnia and Herzegovina -1.02 billion BoP, current US$ compare
- 126 Mauritania -1.04 billion BoP, current US$ compare
- 127 Mauritius -1.05 billion BoP, current US$ compare
- 129 Zambia -1.12 billion BoP, current US$ compare
- 130 Mali -1.16 billion BoP, current US$ compare
- 131 Niger -1.20 billion BoP, current US$ compare
More economy & growth data for Bahamas
- External balance on goods and services as a percent of gdp -3.68 (2024)
- Inflation of consumer prices 0.4092 (2024)
- Gdp per capita worldbank constant usd 33,968 (2024)
- Manufacturing value added to gdp 0.6297 (2024)
- Gdp worldbank constant usd 13.63 billion (2024)
- Gdp per capita in international and market dollars 33,968 (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -29.90 million current US$ (2024)
- Taxes less subsidies on products 1.95 billion current LCU (2024)
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 128th out of 198 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.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.