Exports of goods, services and primary income in Bahamas
Bahamas: Exports of goods, services and primary income was 6.87 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods, services and primary income in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bahamas recorded 6.87 billion BoP, current US$ for exports of goods, services and primary income in 2024. That is the highest value across all 49 years on record.
The figure is up 12.6% on the previous year and up 90.1% over ten years.
Over the whole period, exports of goods, services and primary income in Bahamas peaked at 6.87 billion BoP, current US$ in 2024 and was at its lowest, 672.00 million BoP, current US$, in 1976.
That places Bahamas 130th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods, services and primary income in Bahamas, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 672.00 million BoP, current US$ | — |
| 1977 | 725.60 million BoP, current US$ | +8.0% |
| 1978 | 814.40 million BoP, current US$ | +12.2% |
| 1979 | 928.70 million BoP, current US$ | +14.0% |
| 1980 | 1.14 billion BoP, current US$ | +22.3% |
| 1981 | 1.14 billion BoP, current US$ | +0.0% |
| 1982 | 1.13 billion BoP, current US$ | -0.2% |
| 1983 | 1.24 billion BoP, current US$ | +9.2% |
| 1984 | 1.30 billion BoP, current US$ | +5.2% |
| 1985 | 1.51 billion BoP, current US$ | +16.0% |
| 1986 | 1.58 billion BoP, current US$ | +4.7% |
| 1987 | 1.61 billion BoP, current US$ | +1.6% |
| 1988 | 1.60 billion BoP, current US$ | -0.4% |
| 1989 | 1.93 billion BoP, current US$ | +20.6% |
| 1990 | 2.02 billion BoP, current US$ | +4.4% |
| 1991 | 1.78 billion BoP, current US$ | -11.6% |
| 1992 | 1.71 billion BoP, current US$ | -4.0% |
| 1993 | 1.76 billion BoP, current US$ | +3.2% |
| 1994 | 1.77 billion BoP, current US$ | +0.4% |
| 1995 | 1.84 billion BoP, current US$ | +4.1% |
| 1996 | 1.94 billion BoP, current US$ | +5.1% |
| 1997 | 1.99 billion BoP, current US$ | +3.0% |
| 1998 | 2.04 billion BoP, current US$ | +2.5% |
| 1999 | 2.60 billion BoP, current US$ | +27.2% |
| 2000 | 2.75 billion BoP, current US$ | +6.0% |
| 2001 | 2.41 billion BoP, current US$ | -12.7% |
| 2002 | 2.59 billion BoP, current US$ | +7.7% |
| 2003 | 2.56 billion BoP, current US$ | -1.2% |
| 2004 | 2.80 billion BoP, current US$ | +9.4% |
| 2005 | 3.16 billion BoP, current US$ | +12.7% |
| 2006 | 3.26 billion BoP, current US$ | +3.2% |
| 2007 | 3.52 billion BoP, current US$ | +8.1% |
| 2008 | 3.60 billion BoP, current US$ | +2.3% |
| 2009 | 3.12 billion BoP, current US$ | -13.4% |
| 2010 | 3.23 billion BoP, current US$ | +3.7% |
| 2011 | 3.38 billion BoP, current US$ | +4.6% |
| 2012 | 3.73 billion BoP, current US$ | +10.1% |
| 2013 | 3.67 billion BoP, current US$ | -1.4% |
| 2014 | 3.61 billion BoP, current US$ | -1.6% |
| 2015 | 3.46 billion BoP, current US$ | -4.2% |
| 2016 | 3.93 billion BoP, current US$ | +13.5% |
| 2017 | 3.81 billion BoP, current US$ | -3.0% |
| 2018 | 4.79 billion BoP, current US$ | +25.8% |
| 2019 | 5.20 billion BoP, current US$ | +8.4% |
| 2020 | 1.72 billion BoP, current US$ | -66.8% |
| 2021 | 3.36 billion BoP, current US$ | +95.0% |
| 2022 | 5.47 billion BoP, current US$ | +62.7% |
| 2023 | 6.10 billion BoP, current US$ | +11.5% |
| 2024 | 6.87 billion BoP, current US$ | +12.6% |
Bahamas compared with similar countries
- Bahamas's 6.87 billion BoP, current US$ is below the median for high income countries, which is 75.20 billion BoP, current US$, 9% of the median. (72 countries reporting)
- Bahamas's 6.87 billion BoP, current US$ is below the median for Latin America & Caribbean, which is 11.20 billion BoP, current US$, 61% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Exports of goods, services and primary income in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +95.0% | 1.72 billion BoP, current US$ | 3.36 billion BoP, current US$ |
| 2020 | -66.8% | 5.20 billion BoP, current US$ | 1.72 billion BoP, current US$ |
| 2022 | +62.7% | 3.36 billion BoP, current US$ | 5.47 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 785.17 million BoP, current US$ | 672.00 million BoP, current US$ | 928.70 million BoP, current US$ | 4 |
| 1980s | 1.42 billion BoP, current US$ | 1.13 billion BoP, current US$ | 1.93 billion BoP, current US$ | 10 |
| 1990s | 1.95 billion BoP, current US$ | 1.71 billion BoP, current US$ | 2.60 billion BoP, current US$ | 10 |
| 2000s | 2.98 billion BoP, current US$ | 2.41 billion BoP, current US$ | 3.60 billion BoP, current US$ | 10 |
| 2010s | 3.88 billion BoP, current US$ | 3.23 billion BoP, current US$ | 5.20 billion BoP, current US$ | 10 |
| 2020s | 4.71 billion BoP, current US$ | 1.72 billion BoP, current US$ | 6.87 billion BoP, current US$ | 5 |
Countries ranked near Bahamas
- 127 Jamaica 7.69 billion BoP, current US$ compare
- 128 Republic of Moldova 7.50 billion BoP, current US$ compare
- 129 Burkina Faso 7.06 billion BoP, current US$ compare
- 131 Kosovo 6.65 billion BoP, current US$ compare
- 131 Kosovo (UNSCR 1244) 6.65 billion BoP, current US$ compare
- 133 Namibia 6.65 billion BoP, current US$ compare
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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is exports of goods, services and primary income in Bahamas?
- Exports of goods, services and primary income in Bahamas was 6.87 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods, services and primary income recorded in Bahamas?
- The highest recorded value was 6.87 billion BoP, current US$ in 2024.
- What is the lowest exports of goods, services and primary income recorded in Bahamas?
- The lowest recorded value was 672.00 million BoP, current US$ in 1976.
- How does Bahamas rank for exports of goods, services and primary income?
- Bahamas ranks 130th out of 199 countries with data for 2024.
- Is exports of goods, services and primary income rising or falling in Bahamas?
- Over the last ten years it is up 90.1%. 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 Exports of goods, services and primary income (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
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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.