Final consumption expenditure (current LCU), annual growth rate in Bahamas
Bahamas: Final consumption expenditure (current LCU), annual growth rate was 4.63 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current LCU), annual growth rate in Bahamas, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bahamas recorded 4.63 % change on previous year for final consumption expenditure (current lcu), annual growth rate in 2024.
That represents a change of down 60.2% on the previous year and down 16.3% over ten years.
Over the whole period, final consumption expenditure (current lcu), annual growth rate in Bahamas peaked at 46.23 % change on previous year in 1979 and was at its lowest, -9.24 % change on previous year, in 2020.
Bahamas ranks 145th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 20.91 % change on previous year | — |
| 1979 | 46.23 % change on previous year | +121.2% |
| 1980 | 10.74 % change on previous year | -76.8% |
| 1981 | 9.62 % change on previous year | -10.4% |
| 1982 | 5.05 % change on previous year | -47.4% |
| 1983 | 7.99 % change on previous year | +58.1% |
| 1984 | 29.81 % change on previous year | +272.9% |
| 1985 | 9.26 % change on previous year | -68.9% |
| 1986 | 7.04 % change on previous year | -23.9% |
| 1987 | 9.8 % change on previous year | +39.1% |
| 1990 | 2.85 % change on previous year | -70.9% |
| 1991 | 3.99 % change on previous year | +39.8% |
| 1992 | -2.25 % change on previous year | -156.5% |
| 1993 | 0.9948 % change on previous year | -144.2% |
| 1994 | 6.26 % change on previous year | +528.9% |
| 1995 | 7.51 % change on previous year | +20.1% |
| 1996 | 7.83 % change on previous year | +4.2% |
| 1997 | 45.01 % change on previous year | +475.0% |
| 1998 | 8.95 % change on previous year | -80.1% |
| 1999 | 7.85 % change on previous year | -12.2% |
| 2000 | 4.09 % change on previous year | -47.9% |
| 2001 | 8.63 % change on previous year | +110.8% |
| 2002 | 0.8273 % change on previous year | -90.4% |
| 2003 | 1.91 % change on previous year | +130.6% |
| 2004 | 3.42 % change on previous year | +79.0% |
| 2005 | 9.69 % change on previous year | +183.7% |
| 2006 | 7.23 % change on previous year | -25.3% |
| 2007 | 2.61 % change on previous year | -64.0% |
| 2008 | 1.84 % change on previous year | -29.4% |
| 2009 | -4.09 % change on previous year | -322.3% |
| 2010 | 2.43 % change on previous year | -159.5% |
| 2011 | 3.15 % change on previous year | +29.5% |
| 2012 | 6.35 % change on previous year | +101.7% |
| 2013 | -2.86 % change on previous year | -145.0% |
| 2014 | 5.53 % change on previous year | -293.4% |
| 2015 | 5.45 % change on previous year | -1.4% |
| 2016 | 0.4874 % change on previous year | -91.1% |
| 2017 | 9.08 % change on previous year | +1763.9% |
| 2018 | 1.81 % change on previous year | -80.0% |
| 2019 | -2.2 % change on previous year | -221.3% |
| 2020 | -9.24 % change on previous year | +319.5% |
| 2021 | 14.92 % change on previous year | -261.6% |
| 2022 | 3.47 % change on previous year | -76.7% |
| 2023 | 11.64 % change on previous year | +235.4% |
| 2024 | 4.63 % change on previous year | -60.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.57 % change on previous year | 20.91 % change on previous year | 46.23 % change on previous year | 2 |
| 1980s | 11.16 % change on previous year | 5.05 % change on previous year | 29.81 % change on previous year | 8 |
| 1990s | 8.9 % change on previous year | -2.25 % change on previous year | 45.01 % change on previous year | 10 |
| 2000s | 3.62 % change on previous year | -4.09 % change on previous year | 9.69 % change on previous year | 10 |
| 2010s | 2.92 % change on previous year | -2.86 % change on previous year | 9.08 % change on previous year | 10 |
| 2020s | 5.09 % change on previous year | -9.24 % change on previous year | 14.92 % change on previous year | 5 |
Countries ranked near Bahamas
- 142 Israel 4.72 % change on previous year compare
- 143 Netherlands 4.67 % change on previous year compare
- 144 Singapore 4.67 % change on previous year compare
- 146 Germany 4.62 % change on previous year compare
- 147 Marshall Islands 4.54 % change on previous year compare
- 148 Faroe Islands 4.23 % 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.15 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.643 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 25,369 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.23 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5311 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,956 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.63 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7721 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure (current lcu), annual growth rate in Bahamas?
- Final consumption expenditure (current lcu), annual growth rate in Bahamas was 4.63 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 46.23 % change on previous year in 1979.
- What is the lowest final consumption expenditure (current lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -9.24 % change on previous year in 2020.
- How does Bahamas rank for final consumption expenditure (current lcu), annual growth rate?
- Bahamas ranks 145th out of 187 countries with data for 2024.
- Is final consumption expenditure (current lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is down 16.3%. 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 Final consumption expenditure (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 Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure 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 Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.