GDP (constant LCU), annual growth rate in Bahamas
Bahamas: GDP (constant LCU), annual growth rate was 3.38 % change on previous year in 2024. ◆ Volatile
Latest (2024)
3.38 % change on previous year
Change on year
up 10.8%
World rank
105th
of 213 countries
All-time high
26.14 % change on previous year
in 1979
All-time low
-20.09 % change on previous year
in 2020
Years of data
64
1961–2024
GDP (constant LCU), annual growth rate in Bahamas, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Bahamas is 3.38 % change on previous year, measured in 2024.
The figure is up 10.8% on the previous year and up 82.9% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Bahamas peaked at 26.14 % change on previous year in 1979 and was at its lowest, -20.09 % change on previous year, in 2020.
Bahamas ranks 105th of 213 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 10.67 % change on previous year | — |
| 1962 | 10.45 % change on previous year | -2.0% |
| 1963 | 10.52 % change on previous year | +0.7% |
| 1964 | 10.5 % change on previous year | -0.2% |
| 1965 | 10.43 % change on previous year | -0.7% |
| 1966 | 9.07 % change on previous year | -13.0% |
| 1967 | 9.6 % change on previous year | +5.8% |
| 1968 | 8.42 % change on previous year | -12.3% |
| 1969 | 8.98 % change on previous year | +6.6% |
| 1970 | -5.65 % change on previous year | -162.9% |
| 1971 | 1.63 % change on previous year | -128.8% |
| 1972 | -3.5 % change on previous year | -315.0% |
| 1973 | 7.57 % change on previous year | -316.4% |
| 1974 | -16.75 % change on previous year | -321.4% |
| 1975 | -14.8 % change on previous year | -11.6% |
| 1976 | 5.19 % change on previous year | -135.0% |
| 1977 | 9.15 % change on previous year | +76.6% |
| 1978 | 14.18 % change on previous year | +54.9% |
| 1979 | 26.14 % change on previous year | +84.3% |
| 1980 | 6.5 % change on previous year | -75.2% |
| 1981 | -9.23 % change on previous year | -242.0% |
| 1982 | 6.7 % change on previous year | -172.6% |
| 1983 | 3.6 % change on previous year | -46.3% |
| 1984 | 14.17 % change on previous year | +294.0% |
| 1985 | 4.83 % change on previous year | -65.9% |
| 1986 | 1.8 % change on previous year | -62.8% |
| 1987 | 2.98 % change on previous year | +66.1% |
| 1988 | 2.31 % change on previous year | -22.6% |
| 1989 | 6.73 % change on previous year | +191.3% |
| 1990 | -1.6 % change on previous year | -123.7% |
| 1991 | -4.18 % change on previous year | +162.0% |
| 1992 | -3.83 % change on previous year | -8.5% |
| 1993 | 0.3079 % change on previous year | -108.0% |
| 1994 | 3.15 % change on previous year | +922.6% |
| 1995 | 4.38 % change on previous year | +39.1% |
| 1996 | 4.22 % change on previous year | -3.5% |
| 1997 | 1.29 % change on previous year | -69.5% |
| 1998 | 4.72 % change on previous year | +266.3% |
| 1999 | 7.14 % change on previous year | +51.5% |
| 2000 | 4.15 % change on previous year | -41.9% |
| 2001 | 2.63 % change on previous year | -36.7% |
| 2002 | 2.7 % change on previous year | +3.0% |
| 2003 | -1.26 % change on previous year | -146.8% |
| 2004 | 0.8824 % change on previous year | -169.8% |
| 2005 | 3.4 % change on previous year | +284.9% |
| 2006 | 2.52 % change on previous year | -25.9% |
| 2007 | 1.45 % change on previous year | -42.5% |
| 2008 | -2.32 % change on previous year | -260.7% |
| 2009 | -4.18 % change on previous year | +79.7% |
| 2010 | 1.54 % change on previous year | -136.9% |
| 2011 | 0.6132 % change on previous year | -60.1% |
| 2012 | 4.52 % change on previous year | +637.2% |
| 2013 | -2.86 % change on previous year | -163.3% |
| 2014 | 1.85 % change on previous year | -164.5% |
| 2015 | 0.9974 % change on previous year | -46.0% |
| 2016 | -1.16 % change on previous year | -216.0% |
| 2017 | 3.37 % change on previous year | -391.5% |
| 2018 | 2.4 % change on previous year | -28.9% |
| 2019 | -0.8386 % change on previous year | -135.0% |
| 2020 | -20.09 % change on previous year | +2295.6% |
| 2021 | 17.59 % change on previous year | -187.5% |
| 2022 | 10.88 % change on previous year | -38.1% |
| 2023 | 3.05 % change on previous year | -72.0% |
| 2024 | 3.38 % change on previous year | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.85 % change on previous year | 8.42 % change on previous year | 10.67 % change on previous year | 9 |
| 1970s | 2.31 % change on previous year | -16.75 % change on previous year | 26.14 % change on previous year | 10 |
| 1980s | 4.04 % change on previous year | -9.23 % change on previous year | 14.17 % change on previous year | 10 |
| 1990s | 1.56 % change on previous year | -4.18 % change on previous year | 7.14 % change on previous year | 10 |
| 2000s | 0.9957 % change on previous year | -4.18 % change on previous year | 4.15 % change on previous year | 10 |
| 2010s | 1.04 % change on previous year | -2.86 % change on previous year | 4.52 % change on previous year | 10 |
| 2020s | 2.96 % change on previous year | -20.09 % change on previous year | 17.59 % change on previous year | 5 |
Countries ranked near Bahamas
- 102 Croatia 3.4 % change on previous year compare
- 103 Sint Maarten (Dutch part) 3.4 % change on previous year compare
- 104 Saint Vincent and the Grenadines 3.39 % change on previous year compare
- 106 Cameroon 3.2 % change on previous year compare
- 107 Fiji 3.2 % change on previous year compare
- 108 Mauritius 3.15 % 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)
- GDP (current US$), annual growth rate 3.68 % change on previous year (2024)
- GDP (current US$), per capita 39,455 current US$ per person (2024)
- GDP (current LCU), annual growth rate 3.68 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 39,455 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 3.38 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8609 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 33,968 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Bahamas?
- Gdp (constant lcu), annual growth rate in Bahamas was 3.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 26.14 % change on previous year in 1979.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -20.09 % change on previous year in 2020.
- How does Bahamas rank for gdp (constant lcu), annual growth rate?
- Bahamas ranks 105th out of 213 countries with data for 2024.
- Is gdp (constant lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is up 82.9%. 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 GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP 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 GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.