GDP in Bahamas
Bahamas: GDP was 14.11 billion constant LCU in 2024. ▲ Rising
GDP in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gdp in Bahamas stood at 14.11 billion constant LCU. 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 14.11 billion constant LCU in 2024 and was at its lowest, 2.26 billion constant LCU, in 1960.
Bahamas ranks 172nd of 214 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.63 billion constant LCU | 2.26 billion constant LCU | 5.26 billion constant LCU | 10 |
| 1970s | 4.74 billion constant LCU | 3.72 billion constant LCU | 6.15 billion constant LCU | 10 |
| 1980s | 7.44 billion constant LCU | 5.94 billion constant LCU | 9.00 billion constant LCU | 10 |
| 1990s | 8.96 billion constant LCU | 8.16 billion constant LCU | 10.44 billion constant LCU | 10 |
| 2000s | 11.58 billion constant LCU | 10.87 billion constant LCU | 12.27 billion constant LCU | 10 |
| 2010s | 12.21 billion constant LCU | 11.66 billion constant LCU | 12.82 billion constant LCU | 10 |
| 2020s | 12.62 billion constant LCU | 10.16 billion constant LCU | 14.11 billion constant LCU | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- External balance on goods and services as a percent of GDP -3.7% (2024)
- Inflation of consumer prices 0.4% (2024)
- GDP per capita 33,968 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.6% (2024)
- Gross domestic product (GDP) 13.63 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 33,968 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -29.90 million current US$ (2024)
- Taxes less subsidies on products 1.95 billion current LCU (2024)
Frequently asked questions
- What is gdp in Bahamas?
- Gdp in Bahamas was 14.11 billion constant LCU 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 14.11 billion constant LCU in 2024.
- What is the lowest gdp recorded in Bahamas?
- The lowest recorded value was 2.26 billion constant LCU in 1960.
- How does Bahamas rank for gdp?
- Bahamas ranks 172nd out of 214 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 LCU). 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 varies by country. This series is expressed in local currency units.