GDP Deflator — Value Standard Local Currency, 2015 prices in Bahamas
Bahamas: GDP Deflator — Value Standard Local Currency, 2015 prices was 115.93 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Bahamas, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Bahamas recorded 115.93 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
The figure is up 0.3% on the previous year and up 22.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Bahamas peaked at 115.93 SLC in 2024 and was at its lowest, 16.67 SLC, in 1970.
Bahamas ranks 166th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Bahamas, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 16.67 SLC | — |
| 1971 | 16.97 SLC | +1.8% |
| 1972 | 18.9 SLC | +11.4% |
| 1973 | 20.11 SLC | +6.4% |
| 1974 | 29.28 SLC | +45.7% |
| 1975 | 32.1 SLC | +9.6% |
| 1976 | 33.62 SLC | +4.7% |
| 1977 | 32.7 SLC | -2.7% |
| 1978 | 33.39 SLC | +2.1% |
| 1979 | 32.17 SLC | -3.7% |
| 1980 | 36.24 SLC | +12.7% |
| 1981 | 41.37 SLC | +14.1% |
| 1982 | 43.65 SLC | +5.5% |
| 1983 | 46.9 SLC | +7.4% |
| 1984 | 43.87 SLC | -6.5% |
| 1985 | 45.57 SLC | +3.9% |
| 1986 | 48.4 SLC | +6.2% |
| 1987 | 51.74 SLC | +6.9% |
| 1988 | 52.58 SLC | +1.6% |
| 1989 | 55.54 SLC | +5.6% |
| 1990 | 58.34 SLC | +5.0% |
| 1991 | 59.84 SLC | +2.6% |
| 1992 | 62.18 SLC | +3.9% |
| 1993 | 61.64 SLC | -0.9% |
| 1994 | 62.98 SLC | +2.2% |
| 1995 | 63.5 SLC | +0.8% |
| 1996 | 69.16 SLC | +8.9% |
| 1997 | 70.43 SLC | +1.8% |
| 1998 | 72.58 SLC | +3.0% |
| 1999 | 76.17 SLC | +5.0% |
| 2000 | 76.87 SLC | +0.9% |
| 2001 | 77.14 SLC | +0.4% |
| 2002 | 80.2 SLC | +4.0% |
| 2003 | 81.13 SLC | +1.2% |
| 2004 | 82.09 SLC | +1.2% |
| 2005 | 86.25 SLC | +5.1% |
| 2006 | 86.96 SLC | +0.8% |
| 2007 | 89.52 SLC | +2.9% |
| 2008 | 90.86 SLC | +1.5% |
| 2009 | 89.91 SLC | -1.0% |
| 2010 | 89.56 SLC | -0.4% |
| 2011 | 88.79 SLC | -0.9% |
| 2012 | 91.77 SLC | +3.4% |
| 2013 | 91.62 SLC | -0.2% |
| 2014 | 94.96 SLC | +3.6% |
| 2015 | 100 SLC | +5.3% |
| 2016 | 101.6 SLC | +1.6% |
| 2017 | 102.97 SLC | +1.3% |
| 2018 | 103.44 SLC | +0.5% |
| 2019 | 108.2 SLC | +4.6% |
| 2020 | 105.34 SLC | -2.6% |
| 2021 | 104.22 SLC | -1.1% |
| 2022 | 108.7 SLC | +4.3% |
| 2023 | 115.59 SLC | +6.3% |
| 2024 | 115.93 SLC | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.59 SLC | 16.67 SLC | 33.62 SLC | 10 |
| 1980s | 46.59 SLC | 36.24 SLC | 55.54 SLC | 10 |
| 1990s | 65.68 SLC | 58.34 SLC | 76.17 SLC | 10 |
| 2000s | 84.09 SLC | 76.87 SLC | 90.86 SLC | 10 |
| 2010s | 97.29 SLC | 88.79 SLC | 108.2 SLC | 10 |
| 2020s | 109.96 SLC | 104.22 SLC | 115.93 SLC | 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)
- Services, value added (constant LCU), per capita 26,500 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 0.2887 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8733 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 34,455 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8733 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,455 current LCU per person (2024)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Bahamas?
- Gdp deflator — value standard local currency, 2015 prices in Bahamas was 115.93 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Bahamas?
- The highest recorded value was 115.93 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Bahamas?
- The lowest recorded value was 16.67 SLC in 1970.
- How does Bahamas rank for gdp deflator — value standard local currency, 2015 prices?
- Bahamas ranks 166th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Bahamas?
- Over the last ten years it is up 22.1%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).