Gross domestic product (GDP) in Bahamas
Bahamas: Gross domestic product (GDP) was 13.74 billion international-$ in 2021 prices in 2023. ▲ Rising
Latest (2023)
13.74 billion international-$ in 2021 prices
Change on year
up 1.4%
World rank
151st
of 184 countries
All-time high
14.41 billion international-$ in 2021 prices
in 2012
All-time low
3.69 billion international-$ in 2021 prices
in 1975
Years of data
54
1970–2023
Gross domestic product (GDP) in Bahamas, 1970–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Bahamas recorded 13.74 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023.
The figure is up 1.4% on the previous year and up 13.0% over ten years.
Over the whole period, gross domestic product (gdp) in Bahamas peaked at 14.41 billion international-$ in 2021 prices in 2012 and was at its lowest, 3.69 billion international-$ in 2021 prices, in 1975.
Bahamas ranks 151st of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross domestic product (GDP) in Bahamas, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1970 | 5.21 billion international-$ in 2021 prices | — |
| 1971 | 5.37 billion international-$ in 2021 prices | +3.1% |
| 1972 | 5.08 billion international-$ in 2021 prices | -5.3% |
| 1973 | 5.49 billion international-$ in 2021 prices | +8.1% |
| 1974 | 4.85 billion international-$ in 2021 prices | -11.7% |
| 1975 | 3.69 billion international-$ in 2021 prices | -23.8% |
| 1976 | 4.09 billion international-$ in 2021 prices | +10.7% |
| 1977 | 4.34 billion international-$ in 2021 prices | +6.3% |
| 1978 | 5.09 billion international-$ in 2021 prices | +17.1% |
| 1979 | 5.38 billion international-$ in 2021 prices | +5.7% |
| 1980 | 6.64 billion international-$ in 2021 prices | +23.4% |
| 1981 | 5.59 billion international-$ in 2021 prices | -15.9% |
| 1982 | 5.92 billion international-$ in 2021 prices | +5.9% |
| 1983 | 6.49 billion international-$ in 2021 prices | +9.6% |
| 1984 | 7.84 billion international-$ in 2021 prices | +20.8% |
| 1985 | 8.11 billion international-$ in 2021 prices | +3.5% |
| 1986 | 7.97 billion international-$ in 2021 prices | -1.8% |
| 1987 | 8.86 billion international-$ in 2021 prices | +11.2% |
| 1988 | 8.64 billion international-$ in 2021 prices | -2.5% |
| 1989 | 9.21 billion international-$ in 2021 prices | +6.7% |
| 1990 | 8.34 billion international-$ in 2021 prices | -9.5% |
| 1991 | 7.89 billion international-$ in 2021 prices | -5.4% |
| 1992 | 8.12 billion international-$ in 2021 prices | +3.0% |
| 1993 | 7.95 billion international-$ in 2021 prices | -2.2% |
| 1994 | 7.71 billion international-$ in 2021 prices | -3.0% |
| 1995 | 7.57 billion international-$ in 2021 prices | -1.9% |
| 1996 | 9.20 billion international-$ in 2021 prices | +21.6% |
| 1997 | 9.06 billion international-$ in 2021 prices | -1.4% |
| 1998 | 9.66 billion international-$ in 2021 prices | +6.5% |
| 1999 | 10.86 billion international-$ in 2021 prices | +12.4% |
| 2000 | 11.71 billion international-$ in 2021 prices | +7.8% |
| 2001 | 11.24 billion international-$ in 2021 prices | -4.0% |
| 2002 | 13.45 billion international-$ in 2021 prices | +19.7% |
| 2003 | 13.03 billion international-$ in 2021 prices | -3.1% |
| 2004 | 12.51 billion international-$ in 2021 prices | -4.0% |
| 2005 | 14.03 billion international-$ in 2021 prices | +12.1% |
| 2006 | 12.93 billion international-$ in 2021 prices | -7.8% |
| 2007 | 14.18 billion international-$ in 2021 prices | +9.7% |
| 2008 | 13.40 billion international-$ in 2021 prices | -5.5% |
| 2009 | 13.45 billion international-$ in 2021 prices | +0.4% |
| 2010 | 12.98 billion international-$ in 2021 prices | -3.5% |
| 2011 | 13.53 billion international-$ in 2021 prices | +4.2% |
| 2012 | 14.41 billion international-$ in 2021 prices | +6.5% |
| 2013 | 12.15 billion international-$ in 2021 prices | -15.7% |
| 2014 | 13.66 billion international-$ in 2021 prices | +12.4% |
| 2015 | 12.69 billion international-$ in 2021 prices | -7.1% |
| 2016 | 12.41 billion international-$ in 2021 prices | -2.2% |
| 2017 | 12.83 billion international-$ in 2021 prices | +3.4% |
| 2018 | 12.64 billion international-$ in 2021 prices | -1.5% |
| 2019 | 13.05 billion international-$ in 2021 prices | +3.2% |
| 2020 | 9.79 billion international-$ in 2021 prices | -25.0% |
| 2021 | 10.75 billion international-$ in 2021 prices | +9.8% |
| 2022 | 13.55 billion international-$ in 2021 prices | +26.1% |
| 2023 | 13.74 billion international-$ in 2021 prices | +1.4% |
Bahamas compared with similar countries
- Bahamas's 13.74 billion international-$ in 2021 prices is below the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 5% of the median. (66 countries reporting)
- Bahamas's 13.74 billion international-$ in 2021 prices is below the median for Latin America & Caribbean, which is 42.33 billion international-$ in 2021 prices, 32% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.86 billion international-$ in 2021 prices | 3.69 billion international-$ in 2021 prices | 5.49 billion international-$ in 2021 prices | 10 |
| 1980s | 7.53 billion international-$ in 2021 prices | 5.59 billion international-$ in 2021 prices | 9.21 billion international-$ in 2021 prices | 10 |
| 1990s | 8.64 billion international-$ in 2021 prices | 7.57 billion international-$ in 2021 prices | 10.86 billion international-$ in 2021 prices | 10 |
| 2000s | 12.99 billion international-$ in 2021 prices | 11.24 billion international-$ in 2021 prices | 14.18 billion international-$ in 2021 prices | 10 |
| 2010s | 13.04 billion international-$ in 2021 prices | 12.15 billion international-$ in 2021 prices | 14.41 billion international-$ in 2021 prices | 10 |
| 2020s | 11.96 billion international-$ in 2021 prices | 9.79 billion international-$ in 2021 prices | 13.74 billion international-$ in 2021 prices | 4 |
Countries ranked near Bahamas
- 148 Iceland 24.49 billion international-$ in 2021 prices compare
- 149 Sierra Leone 24.07 billion international-$ in 2021 prices compare
- 150 Montenegro 16.68 billion international-$ in 2021 prices compare
- 152 Burundi 13.56 billion international-$ in 2021 prices compare
- 153 Fiji 12.86 billion international-$ in 2021 prices compare
- 154 Bhutan 11.34 billion international-$ in 2021 prices 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Bahamas?
- Gross domestic product (gdp) in Bahamas was 13.74 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Bahamas?
- The highest recorded value was 14.41 billion international-$ in 2021 prices in 2012.
- What is the lowest gross domestic product (gdp) recorded in Bahamas?
- The lowest recorded value was 3.69 billion international-$ in 2021 prices in 1975.
- How does Bahamas rank for gross domestic product (gdp)?
- Bahamas ranks 151st out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Bahamas?
- Over the last ten years it is up 13.0%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.