GDP (constant LCU) (Country official) in Bahamas
Bahamas: GDP (constant LCU) (Country official) 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 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
GDP (constant LCU) (Country official) in Bahamas, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 2.26 billion constant LCU | — |
| 1961 | 2.50 billion constant LCU | +10.7% |
| 1962 | 2.76 billion constant LCU | +10.5% |
| 1963 | 3.05 billion constant LCU | +10.5% |
| 1964 | 3.38 billion constant LCU | +10.5% |
| 1965 | 3.73 billion constant LCU | +10.4% |
| 1966 | 4.07 billion constant LCU | +9.1% |
| 1967 | 4.46 billion constant LCU | +9.6% |
| 1968 | 4.83 billion constant LCU | +8.4% |
| 1969 | 5.26 billion constant LCU | +9.0% |
| 1970 | 4.97 billion constant LCU | -5.6% |
| 1971 | 5.05 billion constant LCU | +1.6% |
| 1972 | 4.87 billion constant LCU | -3.5% |
| 1973 | 5.24 billion constant LCU | +7.6% |
| 1974 | 4.36 billion constant LCU | -16.8% |
| 1975 | 3.72 billion constant LCU | -14.8% |
| 1976 | 3.91 billion constant LCU | +5.2% |
| 1977 | 4.27 billion constant LCU | +9.2% |
| 1978 | 4.87 billion constant LCU | +14.2% |
| 1979 | 6.15 billion constant LCU | +26.1% |
| 1980 | 6.54 billion constant LCU | +6.5% |
| 1981 | 5.94 billion constant LCU | -9.2% |
| 1982 | 6.34 billion constant LCU | +6.7% |
| 1983 | 6.57 billion constant LCU | +3.6% |
| 1984 | 7.50 billion constant LCU | +14.2% |
| 1985 | 7.86 billion constant LCU | +4.8% |
| 1986 | 8.00 billion constant LCU | +1.8% |
| 1987 | 8.24 billion constant LCU | +3.0% |
| 1988 | 8.43 billion constant LCU | +2.3% |
| 1989 | 9.00 billion constant LCU | +6.7% |
| 1990 | 8.85 billion constant LCU | -1.6% |
| 1991 | 8.48 billion constant LCU | -4.2% |
| 1992 | 8.16 billion constant LCU | -3.8% |
| 1993 | 8.18 billion constant LCU | +0.3% |
| 1994 | 8.44 billion constant LCU | +3.1% |
| 1995 | 8.81 billion constant LCU | +4.4% |
| 1996 | 9.18 billion constant LCU | +4.2% |
| 1997 | 9.30 billion constant LCU | +1.3% |
| 1998 | 9.74 billion constant LCU | +4.7% |
| 1999 | 10.44 billion constant LCU | +7.1% |
| 2000 | 10.87 billion constant LCU | +4.1% |
| 2001 | 11.15 billion constant LCU | +2.6% |
| 2002 | 11.46 billion constant LCU | +2.7% |
| 2003 | 11.31 billion constant LCU | -1.3% |
| 2004 | 11.41 billion constant LCU | +0.9% |
| 2005 | 11.80 billion constant LCU | +3.4% |
| 2006 | 12.09 billion constant LCU | +2.5% |
| 2007 | 12.27 billion constant LCU | +1.4% |
| 2008 | 11.98 billion constant LCU | -2.3% |
| 2009 | 11.48 billion constant LCU | -4.2% |
| 2010 | 11.66 billion constant LCU | +1.5% |
| 2011 | 11.73 billion constant LCU | +0.6% |
| 2012 | 12.26 billion constant LCU | +4.5% |
| 2013 | 11.91 billion constant LCU | -2.9% |
| 2014 | 12.13 billion constant LCU | +1.8% |
| 2015 | 12.25 billion constant LCU | +1.0% |
| 2016 | 12.11 billion constant LCU | -1.2% |
| 2017 | 12.52 billion constant LCU | +3.4% |
| 2018 | 12.82 billion constant LCU | +2.4% |
| 2019 | 12.71 billion constant LCU | -0.8% |
| 2020 | 10.16 billion constant LCU | -20.1% |
| 2021 | 11.94 billion constant LCU | +17.6% |
| 2022 | 13.24 billion constant LCU | +10.9% |
| 2023 | 13.65 billion constant LCU | +3.0% |
| 2024 | 14.11 billion constant LCU | +3.4% |
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
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- 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)
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 215 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.
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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.