GDP in Bahamas
Bahamas: GDP was 15.83 billion current LCU in 2024. ◆ Volatile
Latest (2024)
15.83 billion current LCU
Change on year
up 3.7%
World rank
176th
of 214 countries
All-time high
15.83 billion current LCU
in 2024
All-time low
173.20 million current LCU
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 current LCU.
Analysis
In 2024, gdp in Bahamas stood at 15.83 billion current LCU. That is the highest value across all 65 years on record.
The figure is up 3.7% on the previous year and up 42.1% over ten years.
Over the whole period, gdp in Bahamas peaked at 15.83 billion current LCU in 2024 and was at its lowest, 173.20 million current LCU, in 1960.
That places Bahamas 176th out of 214 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 173.20 million current LCU | — |
| 1961 | 193.90 million current LCU | +12.0% |
| 1962 | 216.50 million current LCU | +11.7% |
| 1963 | 242.50 million current LCU | +12.0% |
| 1964 | 272.00 million current LCU | +12.2% |
| 1965 | 306.40 million current LCU | +12.6% |
| 1966 | 346.80 million current LCU | +13.2% |
| 1967 | 398.00 million current LCU | +14.8% |
| 1968 | 453.80 million current LCU | +14.0% |
| 1969 | 538.70 million current LCU | +18.7% |
| 1970 | 539.50 million current LCU | +0.1% |
| 1971 | 573.40 million current LCU | +6.3% |
| 1972 | 590.90 million current LCU | +3.1% |
| 1973 | 670.90 million current LCU | +13.5% |
| 1974 | 632.40 million current LCU | -5.7% |
| 1975 | 596.20 million current LCU | -5.7% |
| 1976 | 642.10 million current LCU | +7.7% |
| 1977 | 713.00 million current LCU | +11.0% |
| 1978 | 832.40 million current LCU | +16.7% |
| 1979 | 1.14 billion current LCU | +36.9% |
| 1980 | 1.34 billion current LCU | +17.2% |
| 1981 | 1.43 billion current LCU | +6.8% |
| 1982 | 1.58 billion current LCU | +10.6% |
| 1983 | 1.73 billion current LCU | +9.8% |
| 1984 | 2.04 billion current LCU | +17.8% |
| 1985 | 2.32 billion current LCU | +13.7% |
| 1986 | 2.47 billion current LCU | +6.5% |
| 1987 | 2.71 billion current LCU | +9.8% |
| 1988 | 2.82 billion current LCU | +3.8% |
| 1989 | 3.06 billion current LCU | +8.7% |
| 1990 | 3.17 billion current LCU | +3.4% |
| 1991 | 3.11 billion current LCU | -1.7% |
| 1992 | 3.11 billion current LCU | -0.1% |
| 1993 | 3.09 billion current LCU | -0.5% |
| 1994 | 3.26 billion current LCU | +5.4% |
| 1995 | 3.43 billion current LCU | +5.2% |
| 1996 | 3.61 billion current LCU | +5.2% |
| 1997 | 6.33 billion current LCU | +75.5% |
| 1998 | 6.83 billion current LCU | +7.9% |
| 1999 | 7.68 billion current LCU | +12.4% |
| 2000 | 8.08 billion current LCU | +5.1% |
| 2001 | 8.32 billion current LCU | +3.0% |
| 2002 | 8.88 billion current LCU | +6.8% |
| 2003 | 8.87 billion current LCU | -0.1% |
| 2004 | 9.06 billion current LCU | +2.1% |
| 2005 | 9.84 billion current LCU | +8.6% |
| 2006 | 10.17 billion current LCU | +3.4% |
| 2007 | 10.62 billion current LCU | +4.4% |
| 2008 | 10.53 billion current LCU | -0.9% |
| 2009 | 9.98 billion current LCU | -5.2% |
| 2010 | 10.10 billion current LCU | +1.1% |
| 2011 | 10.07 billion current LCU | -0.3% |
| 2012 | 10.72 billion current LCU | +6.5% |
| 2013 | 10.48 billion current LCU | -2.3% |
| 2014 | 11.14 billion current LCU | +6.3% |
| 2015 | 11.84 billion current LCU | +6.3% |
| 2016 | 11.88 billion current LCU | +0.4% |
| 2017 | 12.45 billion current LCU | +4.8% |
| 2018 | 12.82 billion current LCU | +3.0% |
| 2019 | 13.28 billion current LCU | +3.6% |
| 2020 | 10.36 billion current LCU | -21.9% |
| 2021 | 12.04 billion current LCU | +16.2% |
| 2022 | 13.90 billion current LCU | +15.5% |
| 2023 | 15.27 billion current LCU | +9.9% |
| 2024 | 15.83 billion current LCU | +3.7% |
Bahamas compared with similar countries
- Bahamas's 15.83 billion current LCU is below the median for high income countries, which is 211.72 billion current LCU, 7% of the median. (82 countries reporting)
- Bahamas's 15.83 billion current LCU is below the median for Latin America & Caribbean, which is 171.82 billion current LCU, 9% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +75.5% | 3.61 billion current LCU | 6.33 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 314.18 million current LCU | 173.20 million current LCU | 538.70 million current LCU | 10 |
| 1970s | 693.06 million current LCU | 539.50 million current LCU | 1.14 billion current LCU | 10 |
| 1980s | 2.15 billion current LCU | 1.34 billion current LCU | 3.06 billion current LCU | 10 |
| 1990s | 4.36 billion current LCU | 3.09 billion current LCU | 7.68 billion current LCU | 10 |
| 2000s | 9.43 billion current LCU | 8.08 billion current LCU | 10.62 billion current LCU | 10 |
| 2010s | 11.48 billion current LCU | 10.07 billion current LCU | 13.28 billion current LCU | 10 |
| 2020s | 13.48 billion current LCU | 10.36 billion current LCU | 15.83 billion current LCU | 5 |
Countries ranked near Bahamas
- 173 Bahrain 18.41 billion current LCU compare
- 174 Palestine 17.17 billion current LCU compare
- 175 Barbados 16.03 billion current LCU compare
- 177 Solomon Islands 14.57 billion current LCU compare
- 178 Fiji 14.25 billion current LCU compare
- 179 Kosovo 11.02 billion current LCU compare
- 179 Kosovo (UNSCR 1244) 11.02 billion current LCU 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 15.83 billion current 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 15.83 billion current LCU in 2024.
- What is the lowest gdp recorded in Bahamas?
- The lowest recorded value was 173.20 million current LCU in 1960.
- How does Bahamas rank for gdp?
- Bahamas ranks 176th out of 214 countries with data for 2024.
- Is gdp rising or falling in Bahamas?
- Over the last ten years it is up 42.1%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.