GDP in Bahamas
Bahamas: GDP was 13.63 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
13.63 billion constant 2015 US$
Change on year
up 3.4%
World rank
141st
of 212 countries
All-time high
13.63 billion constant 2015 US$
in 2024
All-time low
2.18 billion constant 2015 US$
in 1960
Years of data
65
1960–2024
GDP in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gdp in Bahamas stood at 13.63 billion constant 2015 US$. That is the highest value across all 65 years on record.
That represents a change of up 3.4% on the previous year and up 16.3% over ten years.
Over the whole period, gdp in Bahamas peaked at 13.63 billion constant 2015 US$ in 2024 and was at its lowest, 2.18 billion constant 2015 US$, in 1960.
Bahamas ranks 141st of 212 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
GDP in Bahamas, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 2.18 billion constant 2015 US$ | — |
| 1961 | 2.42 billion constant 2015 US$ | +10.7% |
| 1962 | 2.67 billion constant 2015 US$ | +10.5% |
| 1963 | 2.95 billion constant 2015 US$ | +10.5% |
| 1964 | 3.26 billion constant 2015 US$ | +10.5% |
| 1965 | 3.60 billion constant 2015 US$ | +10.4% |
| 1966 | 3.93 billion constant 2015 US$ | +9.1% |
| 1967 | 4.30 billion constant 2015 US$ | +9.6% |
| 1968 | 4.67 billion constant 2015 US$ | +8.4% |
| 1969 | 5.09 billion constant 2015 US$ | +9.0% |
| 1970 | 4.80 billion constant 2015 US$ | -5.6% |
| 1971 | 4.88 billion constant 2015 US$ | +1.6% |
| 1972 | 4.71 billion constant 2015 US$ | -3.5% |
| 1973 | 5.06 billion constant 2015 US$ | +7.6% |
| 1974 | 4.21 billion constant 2015 US$ | -16.8% |
| 1975 | 3.59 billion constant 2015 US$ | -14.8% |
| 1976 | 3.78 billion constant 2015 US$ | +5.2% |
| 1977 | 4.12 billion constant 2015 US$ | +9.2% |
| 1978 | 4.71 billion constant 2015 US$ | +14.2% |
| 1979 | 5.94 billion constant 2015 US$ | +26.1% |
| 1980 | 6.32 billion constant 2015 US$ | +6.5% |
| 1981 | 5.74 billion constant 2015 US$ | -9.2% |
| 1982 | 6.12 billion constant 2015 US$ | +6.7% |
| 1983 | 6.34 billion constant 2015 US$ | +3.6% |
| 1984 | 7.24 billion constant 2015 US$ | +14.2% |
| 1985 | 7.59 billion constant 2015 US$ | +4.8% |
| 1986 | 7.73 billion constant 2015 US$ | +1.8% |
| 1987 | 7.96 billion constant 2015 US$ | +3.0% |
| 1988 | 8.14 billion constant 2015 US$ | +2.3% |
| 1989 | 8.69 billion constant 2015 US$ | +6.7% |
| 1990 | 8.55 billion constant 2015 US$ | -1.6% |
| 1991 | 8.20 billion constant 2015 US$ | -4.2% |
| 1992 | 7.88 billion constant 2015 US$ | -3.8% |
| 1993 | 7.91 billion constant 2015 US$ | +0.3% |
| 1994 | 8.16 billion constant 2015 US$ | +3.1% |
| 1995 | 8.51 billion constant 2015 US$ | +4.4% |
| 1996 | 8.87 billion constant 2015 US$ | +4.2% |
| 1997 | 8.99 billion constant 2015 US$ | +1.3% |
| 1998 | 9.41 billion constant 2015 US$ | +4.7% |
| 1999 | 10.08 billion constant 2015 US$ | +7.1% |
| 2000 | 10.50 billion constant 2015 US$ | +4.1% |
| 2001 | 10.78 billion constant 2015 US$ | +2.6% |
| 2002 | 11.07 billion constant 2015 US$ | +2.7% |
| 2003 | 10.93 billion constant 2015 US$ | -1.3% |
| 2004 | 11.02 billion constant 2015 US$ | +0.9% |
| 2005 | 11.40 billion constant 2015 US$ | +3.4% |
| 2006 | 11.69 billion constant 2015 US$ | +2.5% |
| 2007 | 11.85 billion constant 2015 US$ | +1.4% |
| 2008 | 11.58 billion constant 2015 US$ | -2.3% |
| 2009 | 11.10 billion constant 2015 US$ | -4.2% |
| 2010 | 11.27 billion constant 2015 US$ | +1.5% |
| 2011 | 11.34 billion constant 2015 US$ | +0.6% |
| 2012 | 11.85 billion constant 2015 US$ | +4.5% |
| 2013 | 11.51 billion constant 2015 US$ | -2.9% |
| 2014 | 11.72 billion constant 2015 US$ | +1.8% |
| 2015 | 11.84 billion constant 2015 US$ | +1.0% |
| 2016 | 11.70 billion constant 2015 US$ | -1.2% |
| 2017 | 12.10 billion constant 2015 US$ | +3.4% |
| 2018 | 12.39 billion constant 2015 US$ | +2.4% |
| 2019 | 12.28 billion constant 2015 US$ | -0.8% |
| 2020 | 9.81 billion constant 2015 US$ | -20.1% |
| 2021 | 11.54 billion constant 2015 US$ | +17.6% |
| 2022 | 12.80 billion constant 2015 US$ | +10.9% |
| 2023 | 13.19 billion constant 2015 US$ | +3.0% |
| 2024 | 13.63 billion constant 2015 US$ | +3.4% |
Bahamas compared with similar countries
- Bahamas's 13.63 billion constant 2015 US$ is below the median for high income countries, which is 76.03 billion constant 2015 US$, 18% of the median. (80 countries reporting)
- Bahamas's 13.63 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 53% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.51 billion constant 2015 US$ | 2.18 billion constant 2015 US$ | 5.09 billion constant 2015 US$ | 10 |
| 1970s | 4.58 billion constant 2015 US$ | 3.59 billion constant 2015 US$ | 5.94 billion constant 2015 US$ | 10 |
| 1980s | 7.19 billion constant 2015 US$ | 5.74 billion constant 2015 US$ | 8.69 billion constant 2015 US$ | 10 |
| 1990s | 8.66 billion constant 2015 US$ | 7.88 billion constant 2015 US$ | 10.08 billion constant 2015 US$ | 10 |
| 2000s | 11.19 billion constant 2015 US$ | 10.50 billion constant 2015 US$ | 11.85 billion constant 2015 US$ | 10 |
| 2010s | 11.80 billion constant 2015 US$ | 11.27 billion constant 2015 US$ | 12.39 billion constant 2015 US$ | 10 |
| 2020s | 12.19 billion constant 2015 US$ | 9.81 billion constant 2015 US$ | 13.63 billion constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 138 Mauritius 15.32 billion constant 2015 US$ compare
- 139 Madagascar 14.95 billion constant 2015 US$ compare
- 140 Brunei 13.77 billion constant 2015 US$ compare
- 142 Haiti 13.22 billion constant 2015 US$ compare
- 143 North Macedonia 12.52 billion constant 2015 US$ compare
- 144 Palestine 12.46 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gdp in Bahamas?
- Gdp in Bahamas was 13.63 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Bahamas?
- The highest recorded value was 13.63 billion constant 2015 US$ in 2024.
- What is the lowest gdp recorded in Bahamas?
- The lowest recorded value was 2.18 billion constant 2015 US$ in 1960.
- How does Bahamas rank for gdp?
- Bahamas ranks 141st out of 212 countries with data for 2024.
- Is gdp rising or falling in Bahamas?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is rising.
- 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 GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.