Environmentally related tax revenue in Bahamas

Bahamas: Environmentally related tax revenue was 1.62 Percentage of GDP in 2024. ▬ Flat

Latest (2024)
1.62 Percentage of GDP
Change on year
up 18.8%
World rank
34th
of 123 countries
All-time high
2.23 Percentage of GDP
in 1994
All-time low
0.3662 Percentage of GDP
in 2021
Years of data
31
1994–2024

Environmentally related tax revenue in Bahamas, 1994–2024

0.511.521994200920241994: 2.2 Percentage of GDP1995: 1.9 Percentage of GDP1996: 1.7 Percentage of GDP1997: 1 Percentage of GDP1998: 1 Percentage of GDP1999: 0.945 Percentage of GDP2000: 0.965 Percentage of GDP2001: 0.927 Percentage of GDP2002: 0.903 Percentage of GDP2003: 0.879 Percentage of GDP2004: 0.955 Percentage of GDP2005: 0.888 Percentage of GDP2006: 0.95 Percentage of GDP2007: 0.917 Percentage of GDP2008: 0.928 Percentage of GDP2009: 0.929 Percentage of GDP2010: 0.901 Percentage of GDP2011: 1.3 Percentage of GDP2012: 1.2 Percentage of GDP2013: 1.6 Percentage of GDP2014: 1.4 Percentage of GDP2015: 1.5 Percentage of GDP2016: 1.4 Percentage of GDP2017: 1.3 Percentage of GDP2018: 1.4 Percentage of GDP2019: 1.4 Percentage of GDP2020: 1.5 Percentage of GDP2021: 0.366 Percentage of GDP2022: 0.864 Percentage of GDP2023: 1.4 Percentage of GDP2024: 1.6 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

In 2024, environmentally related tax revenue in Bahamas stood at 1.62 Percentage of GDP.

That represents a change of up 18.8% on the previous year and up 16.9% over ten years.

Over the whole period, environmentally related tax revenue in Bahamas peaked at 2.23 Percentage of GDP in 1994 and was at its lowest, 0.3662 Percentage of GDP, in 2021.

That places Bahamas 34th out of 123 countries with data for 2024, putting it in the middle of the range.

Environmentally related tax revenue in Bahamas, year by year

Annual values for Environmentally related tax revenue in Bahamas, 1994 to 2024.
Year Percentage of GDP Change
1994 2.23 Percentage of GDP
1995 1.9 Percentage of GDP -14.8%
1996 1.71 Percentage of GDP -9.9%
1997 1 Percentage of GDP -41.3%
1998 1 Percentage of GDP -0.0%
1999 0.945 Percentage of GDP -5.8%
2000 0.9649 Percentage of GDP +2.1%
2001 0.9273 Percentage of GDP -3.9%
2002 0.9025 Percentage of GDP -2.7%
2003 0.8788 Percentage of GDP -2.6%
2004 0.9551 Percentage of GDP +8.7%
2005 0.8876 Percentage of GDP -7.1%
2006 0.9501 Percentage of GDP +7.0%
2007 0.9165 Percentage of GDP -3.5%
2008 0.9282 Percentage of GDP +1.3%
2009 0.9289 Percentage of GDP +0.1%
2010 0.9014 Percentage of GDP -3.0%
2011 1.3 Percentage of GDP +43.8%
2012 1.22 Percentage of GDP -5.6%
2013 1.65 Percentage of GDP +34.5%
2014 1.38 Percentage of GDP -15.9%
2015 1.49 Percentage of GDP +7.4%
2016 1.39 Percentage of GDP -6.6%
2017 1.33 Percentage of GDP -4.1%
2018 1.41 Percentage of GDP +6.2%
2019 1.39 Percentage of GDP -2.0%
2020 1.51 Percentage of GDP +9.4%
2021 0.3662 Percentage of GDP -75.8%
2022 0.8642 Percentage of GDP +136.0%
2023 1.36 Percentage of GDP +57.7%
2024 1.62 Percentage of GDP +18.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.46 Percentage of GDP 0.945 Percentage of GDP 2.23 Percentage of GDP 6
2000s 0.924 Percentage of GDP 0.8788 Percentage of GDP 0.9649 Percentage of GDP 10
2010s 1.35 Percentage of GDP 0.9014 Percentage of GDP 1.65 Percentage of GDP 10
2020s 1.15 Percentage of GDP 0.3662 Percentage of GDP 1.62 Percentage of GDP 5

Countries ranked near Bahamas

  1. 31 Germany 1.68 Percentage of GDP compare
  2. 32 Dominican Republic 1.67 Percentage of GDP compare
  3. 33 Suriname 1.65 Percentage of GDP compare
  4. 35 Romania 1.59 Percentage of GDP compare
  5. 36 Sweden 1.58 Percentage of GDP compare
  6. 37 Grenada 1.56 Percentage of GDP compare

See the full ranking of 146 places →

More economy & growth data for Bahamas

All data for Bahamas →

Frequently asked questions

What is environmentally related tax revenue in Bahamas?
Environmentally related tax revenue in Bahamas was 1.62 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest environmentally related tax revenue recorded in Bahamas?
The highest recorded value was 2.23 Percentage of GDP in 1994.
What is the lowest environmentally related tax revenue recorded in Bahamas?
The lowest recorded value was 0.3662 Percentage of GDP in 2021.
How does Bahamas rank for environmentally related tax revenue?
Bahamas ranks 34th out of 123 countries with data for 2024.
Is environmentally related tax revenue rising or falling in Bahamas?
Over the last ten years it is up 16.9%. The long-run trend across the full record is flat.
Where does this Bahamas data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Environmentally related tax revenue. Statizoid updates them automatically from the source API.

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Environmentally related tax revenue in Bahamas. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/environmentally-related-tax-revenue/bahamas-the/

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About this data

Indicator
Environmentally related tax revenue
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
146 places, 4,005 data points, 1994–2024
Last refreshed

<!DOCTYPE html> ERTR Database body { font-family: Arial, sans-serif; font-size: 11px; } p { font-family: Arial, sans-serif; font-size: 11px; } Environmentally related taxes are effective policy instruments to shape relative prices of goods and services. The Environmental Related Tax Revenue Database (ERTR) categorises taxes based on their environmental relevance, constructing environmentally related tax revenue with a breakdown by tax-base category (including energy, transport, pollution, and resources) and 22 environmental domains. Note that tax-base categories are mutually exclusive, while domains are not. Therefore, one should not aggregate revenue across domains as it may lead to double counting. Data source(s): ERTR draws from the OECD Policy Instruments for the Environment (PINE) database. The database contains detailed qualitative and quantitative information on environmentally related taxes and fees, tradable permits and offsets, deposit-refund schemes, environmentally beneficial subsidies and payments and voluntary approaches used for environmental policy. It is updated annually and covers OECD member countries, accession countries and selected non-OECD countries. The data has been cross-validated and complemented with Revenue statistics from the Global Revenue Statistics databases, Eurostat National Tax Lists, and official national sources. Contact: pinedatabase@oecd.org Dataset release date: July 2026 For further details on the dataset consult the dataset documentation and oe.cd/pine. For revenue data at the individual-tax level, please consult https://oe.cd/pinedatabase.