Exports of goods and services in Bahamas
Bahamas: Exports of goods and services was 37.8% in 2024. ▼ Falling
Exports of goods and services in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Bahamas recorded 37.8% for exports of goods and services in 2024.
The figure is down 0.1% on the previous year and up 1.1% over ten years.
Over the whole period, exports of goods and services in Bahamas peaked at 82.7% in 1978 and was at its lowest, 23.3%, in 2020.
Bahamas ranks 94th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Exports of goods and services in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 82.7% | — |
| 1978 | 82.7% | +0.0% |
| 1979 | 68.9% | -16.7% |
| 1980 | 70.4% | +2.2% |
| 1981 | 67.4% | -4.3% |
| 1982 | 65.8% | -2.4% |
| 1983 | 66.6% | +1.2% |
| 1984 | 63.6% | -4.5% |
| 1985 | 64.8% | +1.9% |
| 1986 | 63.8% | -1.5% |
| 1987 | 61.3% | -3.9% |
| 1989 | 53.8% | -12.2% |
| 1990 | 54.2% | +0.6% |
| 1991 | 51.0% | -5.9% |
| 1992 | 50.2% | -1.4% |
| 1993 | 52.0% | +3.4% |
| 1994 | 51.0% | -1.8% |
| 1995 | 49.5% | -2.9% |
| 1996 | 48.0% | -3.1% |
| 1997 | 36.9% | -23.2% |
| 1998 | 34.7% | -6.0% |
| 1999 | 36.5% | +5.2% |
| 2000 | 38.0% | +4.4% |
| 2001 | 34.1% | -10.4% |
| 2002 | 36.2% | +6.2% |
| 2003 | 35.8% | -1.0% |
| 2004 | 38.2% | +6.7% |
| 2005 | 38.8% | +1.4% |
| 2006 | 38.3% | -1.2% |
| 2007 | 40.1% | +4.7% |
| 2008 | 39.5% | -1.5% |
| 2009 | 34.2% | -13.4% |
| 2010 | 35.0% | +2.2% |
| 2011 | 37.4% | +7.1% |
| 2012 | 38.1% | +1.8% |
| 2013 | 39.9% | +4.5% |
| 2014 | 37.4% | -6.3% |
| 2015 | 35.8% | -4.1% |
| 2016 | 32.9% | -8.3% |
| 2017 | 31.7% | -3.4% |
| 2018 | 35.3% | +11.1% |
| 2019 | 35.0% | -0.8% |
| 2020 | 23.3% | -33.5% |
| 2021 | 28.0% | +20.2% |
| 2022 | 37.2% | +32.8% |
| 2023 | 37.8% | +1.8% |
| 2024 | 37.8% | -0.1% |
Bahamas compared with similar countries
- Bahamas's 37.8% is below the median for high income countries, which is 52.0%, 73% of the median. (72 countries reporting)
- Bahamas's 37.8% is above the median for Latin America & Caribbean, which is 37.2%, 1.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services 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 |
|---|---|---|---|
| 2022 | +32.8% | 28.0% | 37.2% |
| 2020 | -33.5% | 35.0% | 23.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 78.1% | 68.9% | 82.7% | 3 |
| 1980s | 64.2% | 53.8% | 70.4% | 9 |
| 1990s | 46.4% | 34.7% | 54.2% | 10 |
| 2000s | 37.3% | 34.1% | 40.1% | 10 |
| 2010s | 35.8% | 31.7% | 39.9% | 10 |
| 2020s | 32.8% | 23.3% | 37.8% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is exports of goods and services in Bahamas?
- Exports of goods and services in Bahamas was 37.8% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Bahamas?
- The highest recorded value was 82.7% in 1978.
- What is the lowest exports of goods and services recorded in Bahamas?
- The lowest recorded value was 23.3% in 2020.
- How does Bahamas rank for exports of goods and services?
- Bahamas ranks 94th out of 193 countries with data for 2024.
- Is exports of goods and services rising or falling in Bahamas?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.