Final consumption expenditure (current LCU) in Bahamas
Bahamas: Final consumption expenditure (current LCU) was 12.22 billion current LCU in 2024. ◆ Volatile
Final consumption expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for final consumption expenditure in Bahamas is 12.22 billion current LCU, measured in 2024. That is the highest value across all 47 years on record.
The figure is up 4.6% on the previous year and up 45.1% over ten years.
Over the whole period, final consumption expenditure in Bahamas peaked at 12.22 billion current LCU in 2024 and was at its lowest, 506.10 million current LCU, in 1977.
Bahamas ranks 168th of 188 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) in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 506.10 million current LCU | — |
| 1978 | 611.90 million current LCU | +20.9% |
| 1979 | 894.80 million current LCU | +46.2% |
| 1980 | 990.90 million current LCU | +10.7% |
| 1981 | 1.09 billion current LCU | +9.6% |
| 1982 | 1.14 billion current LCU | +5.1% |
| 1983 | 1.23 billion current LCU | +8.0% |
| 1984 | 1.60 billion current LCU | +29.8% |
| 1985 | 1.75 billion current LCU | +9.3% |
| 1986 | 1.87 billion current LCU | +7.0% |
| 1987 | 2.05 billion current LCU | +9.8% |
| 1989 | 2.33 billion current LCU | +13.4% |
| 1990 | 2.40 billion current LCU | +2.8% |
| 1991 | 2.49 billion current LCU | +4.0% |
| 1992 | 2.44 billion current LCU | -2.3% |
| 1993 | 2.46 billion current LCU | +1.0% |
| 1994 | 2.61 billion current LCU | +6.3% |
| 1995 | 2.81 billion current LCU | +7.5% |
| 1996 | 3.03 billion current LCU | +7.8% |
| 1997 | 4.39 billion current LCU | +45.0% |
| 1998 | 4.79 billion current LCU | +8.9% |
| 1999 | 5.16 billion current LCU | +7.9% |
| 2000 | 5.37 billion current LCU | +4.1% |
| 2001 | 5.84 billion current LCU | +8.6% |
| 2002 | 5.89 billion current LCU | +0.8% |
| 2003 | 6.00 billion current LCU | +1.9% |
| 2004 | 6.20 billion current LCU | +3.4% |
| 2005 | 6.80 billion current LCU | +9.7% |
| 2006 | 7.30 billion current LCU | +7.2% |
| 2007 | 7.49 billion current LCU | +2.6% |
| 2008 | 7.62 billion current LCU | +1.8% |
| 2009 | 7.31 billion current LCU | -4.1% |
| 2010 | 7.49 billion current LCU | +2.4% |
| 2011 | 7.73 billion current LCU | +3.1% |
| 2012 | 8.22 billion current LCU | +6.4% |
| 2013 | 7.98 billion current LCU | -2.9% |
| 2014 | 8.42 billion current LCU | +5.5% |
| 2015 | 8.88 billion current LCU | +5.5% |
| 2016 | 8.93 billion current LCU | +0.5% |
| 2017 | 9.74 billion current LCU | +9.1% |
| 2018 | 9.91 billion current LCU | +1.8% |
| 2019 | 9.70 billion current LCU | -2.2% |
| 2020 | 8.80 billion current LCU | -9.2% |
| 2021 | 10.11 billion current LCU | +14.9% |
| 2022 | 10.47 billion current LCU | +3.5% |
| 2023 | 11.68 billion current LCU | +11.6% |
| 2024 | 12.22 billion current LCU | +4.6% |
Bahamas compared with similar countries
- Bahamas's 12.22 billion current LCU is below the median for high income countries, which is 326.40 billion current LCU, 4% of the median. (67 countries reporting)
- Bahamas's 12.22 billion current LCU is below the median for Latin America & Caribbean, which is 894.29 billion current LCU, 1% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (current LCU) 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 |
|---|---|---|---|
| 1979 | +46.2% | 611.90 million current LCU | 894.80 million current LCU |
| 1997 | +45.0% | 3.03 billion current LCU | 4.39 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 670.93 million current LCU | 506.10 million current LCU | 894.80 million current LCU | 3 |
| 1980s | 1.56 billion current LCU | 990.90 million current LCU | 2.33 billion current LCU | 9 |
| 1990s | 3.26 billion current LCU | 2.40 billion current LCU | 5.16 billion current LCU | 10 |
| 2000s | 6.58 billion current LCU | 5.37 billion current LCU | 7.62 billion current LCU | 10 |
| 2010s | 8.70 billion current LCU | 7.49 billion current LCU | 9.91 billion current LCU | 10 |
| 2020s | 10.66 billion current LCU | 8.80 billion current LCU | 12.22 billion current 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)
- 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 final consumption expenditure in Bahamas?
- Final consumption expenditure in Bahamas was 12.22 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Bahamas?
- The highest recorded value was 12.22 billion current LCU in 2024.
- What is the lowest final consumption expenditure recorded in Bahamas?
- The lowest recorded value was 506.10 million current LCU in 1977.
- How does Bahamas rank for final consumption expenditure?
- Bahamas ranks 168th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 45.1%. 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 Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.