External balance on goods and services in Bahamas
Bahamas: External balance on goods and services was -153.10 million constant LCU in 2024. ◆ Volatile
External balance on goods and services in Bahamas, 2018–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for external balance on goods and services in Bahamas is -153.10 million constant LCU, measured in 2024.
That represents a change of down 214.6% on the previous year and up 27.6% over ten years.
That places Bahamas 63rd out of 161 countries with data for 2024, putting it in the middle of the range.
External balance on goods and services in Bahamas, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2018 | -211.60 million constant LCU | — |
| 2019 | 44.50 million constant LCU | -121.0% |
| 2020 | -794.20 million constant LCU | -1884.7% |
| 2021 | -852.90 million constant LCU | +7.4% |
| 2022 | 507.50 million constant LCU | -159.5% |
| 2023 | 133.60 million constant LCU | -73.7% |
| 2024 | -153.10 million constant LCU | -214.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -83.55 million constant LCU | -211.60 million constant LCU | 44.50 million constant LCU | 2 |
| 2020s | -231.82 million constant LCU | -852.90 million constant LCU | 507.50 million constant 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)
- GDP (current US$), annual growth rate 3.68 % change on previous year (2024)
- GDP (current US$), per capita 39,455 current US$ per person (2024)
- GDP (current LCU), annual growth rate 3.68 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 39,455 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 3.38 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8609 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 33,968 constant 2015 US$ per person (2024)
Frequently asked questions
- What is external balance on goods and services in Bahamas?
- External balance on goods and services in Bahamas was -153.10 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Bahamas?
- The highest recorded value was 507.50 million constant LCU in 2022.
- What is the lowest external balance on goods and services recorded in Bahamas?
- The lowest recorded value was -852.90 million constant LCU in 2021.
- How does Bahamas rank for external balance on goods and services?
- Bahamas ranks 63rd out of 161 countries with data for 2024.
- Is external balance on goods and services rising or falling in Bahamas?
- Over the last ten years it is up 27.6%. 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 External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.