External balance on goods and services (current US$), annual growth in Bahamas
Bahamas: External balance on goods and services (current US$), annual growth was -311.24 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current US$), annual growth in Bahamas, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bahamas recorded -311.24 % change on previous year for external balance on goods and services (current us$), annual growth in 2024.
Compared with earlier readings it 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 us$), annual growth in Bahamas peaked at 173.72 % change on previous year in 2019 and was at its lowest, -556.6 % change on previous year, in 2020.
That places Bahamas 190th out of 192 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$), 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% |
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
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.71 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3084 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 12,169 constant 2015 US$ per person (2024)
- External balance on goods and services (current LCU), annual growth -311.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 17.44 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0051 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 203.1 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 21.02 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services (current us$), annual growth in Bahamas?
- External balance on goods and services (current us$), annual growth in Bahamas was -311.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current us$), 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 us$), annual growth recorded in Bahamas?
- The lowest recorded value was -556.6 % change on previous year in 2020.
- How does Bahamas rank for external balance on goods and services (current us$), annual growth?
- Bahamas ranks 190th out of 192 countries with data for 2024.
- Is external balance on goods and services (current us$), annual growth rising or falling in Bahamas?
- Over the last ten years it is down 1,019.6%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.