GDP in Bahamas
Bahamas: GDP was 15.83 billion current US$ in 2024. ◆ Volatile
GDP in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gdp in Bahamas stood at 15.83 billion current US$. That is the highest value across all 65 years on record.
Compared with earlier readings it 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 US$ in 2024 and was at its lowest, 169.74 million current US$, in 1960.
That places Bahamas 146th out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 169.74 million current US$ | — |
| 1961 | 190.02 million current US$ | +12.0% |
| 1962 | 212.17 million current US$ | +11.7% |
| 1963 | 237.65 million current US$ | +12.0% |
| 1964 | 266.56 million current US$ | +12.2% |
| 1965 | 300.27 million current US$ | +12.6% |
| 1966 | 346.80 million current US$ | +15.5% |
| 1967 | 398.00 million current US$ | +14.8% |
| 1968 | 453.80 million current US$ | +14.0% |
| 1969 | 538.70 million current US$ | +18.7% |
| 1970 | 539.50 million current US$ | +0.1% |
| 1971 | 573.40 million current US$ | +6.3% |
| 1972 | 590.90 million current US$ | +3.1% |
| 1973 | 670.90 million current US$ | +13.5% |
| 1974 | 632.40 million current US$ | -5.7% |
| 1975 | 596.20 million current US$ | -5.7% |
| 1976 | 642.10 million current US$ | +7.7% |
| 1977 | 713.00 million current US$ | +11.0% |
| 1978 | 832.40 million current US$ | +16.7% |
| 1979 | 1.14 billion current US$ | +36.9% |
| 1980 | 1.34 billion current US$ | +17.2% |
| 1981 | 1.43 billion current US$ | +6.8% |
| 1982 | 1.58 billion current US$ | +10.6% |
| 1983 | 1.73 billion current US$ | +9.8% |
| 1984 | 2.04 billion current US$ | +17.8% |
| 1985 | 2.32 billion current US$ | +13.7% |
| 1986 | 2.47 billion current US$ | +6.5% |
| 1987 | 2.71 billion current US$ | +9.8% |
| 1988 | 2.82 billion current US$ | +3.8% |
| 1989 | 3.06 billion current US$ | +8.7% |
| 1990 | 3.17 billion current US$ | +3.4% |
| 1991 | 3.11 billion current US$ | -1.7% |
| 1992 | 3.11 billion current US$ | -0.1% |
| 1993 | 3.09 billion current US$ | -0.5% |
| 1994 | 3.26 billion current US$ | +5.4% |
| 1995 | 3.43 billion current US$ | +5.2% |
| 1996 | 3.61 billion current US$ | +5.2% |
| 1997 | 6.33 billion current US$ | +75.5% |
| 1998 | 6.83 billion current US$ | +7.9% |
| 1999 | 7.68 billion current US$ | +12.4% |
| 2000 | 8.08 billion current US$ | +5.1% |
| 2001 | 8.32 billion current US$ | +3.0% |
| 2002 | 8.88 billion current US$ | +6.8% |
| 2003 | 8.87 billion current US$ | -0.1% |
| 2004 | 9.06 billion current US$ | +2.1% |
| 2005 | 9.84 billion current US$ | +8.6% |
| 2006 | 10.17 billion current US$ | +3.4% |
| 2007 | 10.62 billion current US$ | +4.4% |
| 2008 | 10.53 billion current US$ | -0.9% |
| 2009 | 9.98 billion current US$ | -5.2% |
| 2010 | 10.10 billion current US$ | +1.1% |
| 2011 | 10.07 billion current US$ | -0.3% |
| 2012 | 10.72 billion current US$ | +6.5% |
| 2013 | 10.48 billion current US$ | -2.3% |
| 2014 | 11.14 billion current US$ | +6.3% |
| 2015 | 11.84 billion current US$ | +6.3% |
| 2016 | 11.88 billion current US$ | +0.4% |
| 2017 | 12.45 billion current US$ | +4.8% |
| 2018 | 12.82 billion current US$ | +3.0% |
| 2019 | 13.28 billion current US$ | +3.6% |
| 2020 | 10.36 billion current US$ | -21.9% |
| 2021 | 12.04 billion current US$ | +16.2% |
| 2022 | 13.90 billion current US$ | +15.5% |
| 2023 | 15.27 billion current US$ | +9.9% |
| 2024 | 15.83 billion current US$ | +3.7% |
Bahamas compared with similar countries
- Bahamas's 15.83 billion current US$ is below the median for high income countries, which is 102.03 billion current US$, 16% of the median. (82 countries reporting)
- Bahamas's 15.83 billion current US$ is below the median for Latin America & Caribbean, which is 29.59 billion current US$, 54% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +75.5% | 3.61 billion current US$ | 6.33 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 311.37 million current US$ | 169.74 million current US$ | 538.70 million current US$ | 10 |
| 1970s | 693.06 million current US$ | 539.50 million current US$ | 1.14 billion current US$ | 10 |
| 1980s | 2.15 billion current US$ | 1.34 billion current US$ | 3.06 billion current US$ | 10 |
| 1990s | 4.36 billion current US$ | 3.09 billion current US$ | 7.68 billion current US$ | 10 |
| 2000s | 9.43 billion current US$ | 8.08 billion current US$ | 10.62 billion current US$ | 10 |
| 2010s | 11.48 billion current US$ | 10.07 billion current US$ | 13.28 billion current US$ | 10 |
| 2020s | 13.48 billion current US$ | 10.36 billion current US$ | 15.83 billion current US$ | 5 |
Countries ranked near Bahamas
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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gdp in Bahamas?
- Gdp in Bahamas was 15.83 billion current US$ 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 15.83 billion current US$ in 2024.
- What is the lowest gdp recorded in Bahamas?
- The lowest recorded value was 169.74 million current US$ in 1960.
- How does Bahamas rank for gdp?
- Bahamas ranks 146th 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.