External balance on goods and services (current LCU), annual growth in Bahamas
Bahamas: External balance on goods and services (current LCU), annual growth was -311.24 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Bahamas, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current lcu), annual growth in Bahamas is -311.24 % change on previous year, measured in 2024.
The figure is down 901.1% on the previous year and down 1,019.6% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Bahamas peaked at 173.72 % change on previous year in 2019 and was at its lowest, -556.6 % change on previous year, in 2020.
That places Bahamas 189th out of 192 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 7.14 % change on previous year | — |
| 1979 | -21.65 % change on previous year | -403.4% |
| 1980 | 1.42 % change on previous year | -106.5% |
| 1981 | -28.64 % change on previous year | -2121.4% |
| 1982 | 37.62 % change on previous year | -231.4% |
| 1983 | 50.61 % change on previous year | +34.5% |
| 1984 | -27.26 % change on previous year | -153.9% |
| 1985 | 18.83 % change on previous year | -169.1% |
| 1986 | 14.13 % change on previous year | -25.0% |
| 1987 | 2.46 % change on previous year | -82.6% |
| 1990 | 44.28 % change on previous year | +1698.3% |
| 1991 | -130.38 % change on previous year | -394.4% |
| 1992 | 77.07 % change on previous year | -159.1% |
| 1993 | 158.94 % change on previous year | +106.2% |
| 1994 | -533.62 % change on previous year | -435.7% |
| 1995 | -139.39 % change on previous year | -73.9% |
| 1996 | -91.81 % change on previous year | -34.1% |
| 1997 | -7.16 % change on previous year | -92.2% |
| 1998 | -51.94 % change on previous year | +625.0% |
| 1999 | 62.72 % change on previous year | -220.7% |
| 2000 | -33.78 % change on previous year | -153.9% |
| 2001 | -26.37 % change on previous year | -21.9% |
| 2002 | 150.81 % change on previous year | -671.9% |
| 2003 | -73.17 % change on previous year | -148.5% |
| 2004 | -21.46 % change on previous year | -70.7% |
| 2006 | -191.5 % change on previous year | +792.5% |
| 2007 | 25.21 % change on previous year | -113.2% |
| 2008 | -6.89 % change on previous year | -127.3% |
| 2009 | 8.56 % change on previous year | -224.2% |
| 2010 | -8.96 % change on previous year | -204.6% |
| 2011 | -53.15 % change on previous year | +493.1% |
| 2012 | 36.77 % change on previous year | -169.2% |
| 2013 | 40.92 % change on previous year | +11.3% |
| 2014 | -27.8 % change on previous year | -167.9% |
| 2015 | 136.31 % change on previous year | -590.3% |
| 2016 | -176.3 % change on previous year | -229.3% |
| 2017 | -238.93 % change on previous year | +35.5% |
| 2018 | 65.18 % change on previous year | -127.3% |
| 2019 | 173.72 % change on previous year | +166.5% |
| 2020 | -556.6 % change on previous year | -420.4% |
| 2021 | -68.82 % change on previous year | -87.6% |
| 2022 | 80.76 % change on previous year | -217.3% |
| 2023 | 38.85 % change on previous year | -51.9% |
| 2024 | -311.24 % change on previous year | -901.1% |
Bahamas compared with similar countries
- Bahamas's -311.24 % change on previous year is below the median for high income countries, which is 0.3851 % change on previous year. (72 countries reporting)
- Bahamas's -311.24 % change on previous year is below the median for Latin America & Caribbean, which is -3.73 % change on previous year, 83.5× the median. (28 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU), annual growth 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 |
|---|---|---|---|
| 1981 | -2121.4% | 1.42 % change on previous year | -28.64 % change on previous year |
| 1990 | +1698.3% | 2.46 % change on previous year | 44.28 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.26 % change on previous year | -21.65 % change on previous year | 7.14 % change on previous year | 2 |
| 1980s | 8.65 % change on previous year | -28.64 % change on previous year | 50.61 % change on previous year | 8 |
| 1990s | -61.13 % change on previous year | -533.62 % change on previous year | 158.94 % change on previous year | 10 |
| 2000s | -18.73 % change on previous year | -191.5 % change on previous year | 150.81 % change on previous year | 9 |
| 2010s | -5.22 % change on previous year | -238.93 % change on previous year | 173.72 % change on previous year | 10 |
| 2020s | -163.41 % change on previous year | -556.6 % change on previous year | 80.76 % change on previous year | 5 |
Countries ranked near Bahamas
- 186 Turkey -161.82 % change on previous year compare
- 187 Guyana -175.98 % change on previous year compare
- 188 Latvia -206.16 % change on previous year compare
- 190 Canada -381.5 % change on previous year compare
- 191 Belgium -441.47 % change on previous year compare
- 192 Zimbabwe -983.72 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Bahamas?
- External balance on goods and services (current lcu), annual growth in Bahamas was -311.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Bahamas?
- The highest recorded value was 173.72 % change on previous year in 2019.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Bahamas?
- The lowest recorded value was -556.6 % change on previous year in 2020.
- How does Bahamas rank for external balance on goods and services (current lcu), annual growth?
- Bahamas ranks 189th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Bahamas?
- Over the last ten years it is down 1,019.6%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.