Final consumption expenditure in Bahamas
Bahamas: Final consumption expenditure was 77.2% in 2024. ▬ Flat
Final consumption expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for final consumption expenditure in Bahamas is 77.2%, measured in 2024.
The figure is up 0.9% on the previous year and up 2.1% over ten years.
Over the whole period, final consumption expenditure in Bahamas peaked at 84.9% in 2020 and was at its lowest, 66.3%, in 2002.
That places Bahamas 110th out of 188 countries with data for 2024, putting it in the middle of the range.
Final consumption expenditure in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 71.0% | — |
| 1978 | 73.5% | +3.6% |
| 1979 | 78.5% | +6.8% |
| 1980 | 74.2% | -5.5% |
| 1981 | 76.1% | +2.6% |
| 1982 | 72.3% | -5.0% |
| 1983 | 71.1% | -1.6% |
| 1984 | 78.4% | +10.2% |
| 1985 | 75.3% | -3.9% |
| 1986 | 75.7% | +0.5% |
| 1987 | 75.7% | +0.0% |
| 1989 | 76.1% | +0.5% |
| 1990 | 75.7% | -0.5% |
| 1991 | 80.1% | +5.8% |
| 1992 | 78.3% | -2.2% |
| 1993 | 79.6% | +1.6% |
| 1994 | 80.2% | +0.8% |
| 1995 | 82.0% | +2.2% |
| 1996 | 84.0% | +2.5% |
| 1997 | 69.4% | -17.4% |
| 1998 | 70.1% | +1.0% |
| 1999 | 67.2% | -4.1% |
| 2000 | 66.5% | -1.0% |
| 2001 | 70.2% | +5.5% |
| 2002 | 66.3% | -5.6% |
| 2003 | 67.6% | +2.0% |
| 2004 | 68.5% | +1.3% |
| 2005 | 69.2% | +1.0% |
| 2006 | 71.8% | +3.7% |
| 2007 | 70.5% | -1.8% |
| 2008 | 72.4% | +2.7% |
| 2009 | 73.3% | +1.1% |
| 2010 | 74.2% | +1.3% |
| 2011 | 76.7% | +3.4% |
| 2012 | 76.7% | -0.1% |
| 2013 | 76.2% | -0.6% |
| 2014 | 75.6% | -0.8% |
| 2015 | 75.0% | -0.8% |
| 2016 | 75.1% | +0.1% |
| 2017 | 78.2% | +4.1% |
| 2018 | 77.3% | -1.1% |
| 2019 | 73.0% | -5.6% |
| 2020 | 84.9% | +16.3% |
| 2021 | 84.0% | -1.1% |
| 2022 | 75.3% | -10.4% |
| 2023 | 76.5% | +1.6% |
| 2024 | 77.2% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 74.3% | 71.0% | 78.5% | 3 |
| 1980s | 75.0% | 71.1% | 78.4% | 9 |
| 1990s | 76.6% | 67.2% | 84.0% | 10 |
| 2000s | 69.6% | 66.3% | 73.3% | 10 |
| 2010s | 75.8% | 73.0% | 78.2% | 10 |
| 2020s | 79.6% | 75.3% | 84.9% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0063 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 248.45 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0063 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 248.45 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0018 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 72.59 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 91.96 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.07 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in Bahamas?
- Final consumption expenditure in Bahamas was 77.2% 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 84.9% in 2020.
- What is the lowest final consumption expenditure recorded in Bahamas?
- The lowest recorded value was 66.3% in 2002.
- How does Bahamas rank for final consumption expenditure?
- Bahamas ranks 110th 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 2.1%. The long-run trend across the full record is flat.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.