Discrepancy in expenditure estimate of GDP in Bahamas
Bahamas: Discrepancy in expenditure estimate of GDP was -54.00 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Bahamas recorded -54.00 million current LCU for discrepancy in expenditure estimate of gdp in 2024.
Compared with earlier readings it is down 122.7% on the previous year and up 60.1% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Bahamas peaked at 723.80 million current LCU in 2005 and was at its lowest, -194.50 million current LCU, in 2015.
That places Bahamas 162nd out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 0 current LCU | — |
| 1978 | 0 current LCU | — |
| 1979 | 100 current LCU | — |
| 1980 | 0 current LCU | -100.0% |
| 1981 | 0 current LCU | — |
| 1982 | 0 current LCU | — |
| 1983 | 0 current LCU | — |
| 1984 | 0 current LCU | — |
| 1985 | 0 current LCU | — |
| 1986 | 0 current LCU | — |
| 1987 | -100 current LCU | — |
| 1989 | -130.12 million current LCU | +130119900.0% |
| 1990 | -104.51 million current LCU | -19.7% |
| 1991 | -162.67 million current LCU | +55.7% |
| 1992 | -162.73 million current LCU | +0.0% |
| 1993 | -107.22 million current LCU | -34.1% |
| 1994 | -120.66 million current LCU | +12.5% |
| 1995 | -145.36 million current LCU | +20.5% |
| 1996 | -168.62 million current LCU | +16.0% |
| 1997 | 475.16 million current LCU | -381.8% |
| 1998 | 426.52 million current LCU | -10.2% |
| 1999 | 525.67 million current LCU | +23.2% |
| 2000 | 550.77 million current LCU | +4.8% |
| 2001 | 606.73 million current LCU | +10.2% |
| 2002 | 660.66 million current LCU | +8.9% |
| 2003 | 668.89 million current LCU | +1.2% |
| 2004 | 712.89 million current LCU | +6.6% |
| 2005 | 723.80 million current LCU | +1.5% |
| 2006 | 573.95 million current LCU | -20.7% |
| 2007 | 722.64 million current LCU | +25.9% |
| 2008 | 689.10 million current LCU | -4.6% |
| 2009 | 680.96 million current LCU | -1.2% |
| 2010 | 664.66 million current LCU | -2.4% |
| 2011 | 659.75 million current LCU | -0.7% |
| 2012 | -0 current LCU | -100.0% |
| 2013 | -59.40 million current LCU | +6228543506481151.0% |
| 2014 | -135.50 million current LCU | +128.1% |
| 2015 | -194.50 million current LCU | +43.5% |
| 2016 | 70.20 million current LCU | -136.1% |
| 2017 | -113.30 million current LCU | -261.4% |
| 2018 | -170.60 million current LCU | +50.6% |
| 2019 | 54.30 million current LCU | -131.8% |
| 2020 | -116.20 million current LCU | -314.0% |
| 2021 | 183.30 million current LCU | -257.7% |
| 2022 | 353.20 million current LCU | +92.7% |
| 2023 | 237.50 million current LCU | -32.8% |
| 2024 | -54.00 million current LCU | -122.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.33 current LCU | 0 current LCU | 100 current LCU | 3 |
| 1980s | -14.46 million current LCU | -130.12 million current LCU | 0 current LCU | 9 |
| 1990s | 45.56 million current LCU | -168.62 million current LCU | 525.67 million current LCU | 10 |
| 2000s | 659.04 million current LCU | 550.77 million current LCU | 723.80 million current LCU | 10 |
| 2010s | 77.56 million current LCU | -194.50 million current LCU | 664.66 million current LCU | 10 |
| 2020s | 120.76 million current LCU | -116.20 million current LCU | 353.20 million current LCU | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.71 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3084 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 12,169 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -311.24 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -311.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 17.44 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0051 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 203.1 current LCU per person (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Bahamas?
- Discrepancy in expenditure estimate of gdp in Bahamas was -54.00 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Bahamas?
- The highest recorded value was 723.80 million current LCU in 2005.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Bahamas?
- The lowest recorded value was -194.50 million current LCU in 2015.
- How does Bahamas rank for discrepancy in expenditure estimate of gdp?
- Bahamas ranks 162nd out of 186 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Bahamas?
- Over the last ten years it is up 60.1%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.