Expense in Bahamas
Bahamas: Expense was 20.3% in 2023. ▲ Rising
Expense in Bahamas, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Bahamas stood at 20.3%.
The figure is down 8.9% on the previous year and up 25.2% over ten years.
Over the whole period, expense in Bahamas peaked at 25.8% in 2020 and was at its lowest, 10.3%, in 2000.
Bahamas ranks 106th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Expense in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 16.6% | — |
| 1991 | 17.5% | +5.1% |
| 1992 | 18.1% | +3.6% |
| 1993 | 17.4% | -3.6% |
| 1994 | 17.1% | -1.7% |
| 1995 | 17.4% | +1.4% |
| 1996 | 18.3% | +5.1% |
| 1997 | 11.2% | -38.4% |
| 1998 | 10.7% | -4.7% |
| 1999 | 10.3% | -3.5% |
| 2000 | 10.3% | -0.7% |
| 2001 | 10.4% | +1.6% |
| 2002 | 10.4% | -0.3% |
| 2003 | 11.3% | +8.4% |
| 2004 | 11.3% | +0.1% |
| 2005 | 11.4% | +0.7% |
| 2006 | 11.7% | +2.7% |
| 2007 | 11.9% | +1.7% |
| 2008 | 12.8% | +7.7% |
| 2009 | 14.2% | +11.5% |
| 2010 | 15.4% | +8.1% |
| 2011 | 16.6% | +7.6% |
| 2012 | 16.4% | -1.2% |
| 2013 | 16.2% | -0.6% |
| 2014 | 15.8% | -2.8% |
| 2015 | 16.1% | +1.7% |
| 2016 | 17.9% | +11.3% |
| 2017 | 19.7% | +10.4% |
| 2018 | 17.4% | -11.9% |
| 2019 | 18.5% | +6.3% |
| 2020 | 25.8% | +39.9% |
| 2021 | 24.7% | -4.6% |
| 2022 | 22.3% | -9.5% |
| 2023 | 20.3% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.5% | 10.3% | 18.3% | 10 |
| 2000s | 11.6% | 10.3% | 14.2% | 10 |
| 2010s | 17.0% | 15.4% | 19.7% | 10 |
| 2020s | 23.3% | 20.3% | 25.8% | 4 |
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)
- Services, value added (constant LCU), per capita 26,500 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 0.2887 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8733 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 34,455 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8733 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,455 current LCU per person (2024)
Frequently asked questions
- What is expense in Bahamas?
- Expense in Bahamas was 20.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Bahamas?
- The highest recorded value was 25.8% in 2020.
- What is the lowest expense recorded in Bahamas?
- The lowest recorded value was 10.3% in 2000.
- How does Bahamas rank for expense?
- Bahamas ranks 106th out of 157 countries with data for 2023.
- Is expense rising or falling in Bahamas?
- Over the last ten years it is up 25.2%. 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 Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.