GDP per capita in Bahamas
Bahamas: GDP per capita was 33,968 constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
33,968 constant 2015 US$
Change on year
up 2.9%
World rank
43rd
of 212 countries
All-time high
33,968 constant 2015 US$
in 2024
All-time low
17,106 constant 2015 US$
in 1975
Years of data
65
1960–2024
GDP per capita in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Bahamas recorded 33,968 constant 2015 US$ for gdp per capita in 2024. That is the highest value across all 65 years on record.
That represents a change of up 2.9% on the previous year and up 10.8% over ten years.
Over the whole period, gdp per capita in Bahamas peaked at 33,968 constant 2015 US$ in 2024 and was at its lowest, 17,106 constant 2015 US$, in 1975.
Bahamas ranks 43rd of 212 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
GDP per capita in Bahamas, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 18,779 constant 2015 US$ | — |
| 1961 | 19,782 constant 2015 US$ | +5.3% |
| 1962 | 20,779 constant 2015 US$ | +5.0% |
| 1963 | 21,844 constant 2015 US$ | +5.1% |
| 1964 | 23,040 constant 2015 US$ | +5.5% |
| 1965 | 24,337 constant 2015 US$ | +5.6% |
| 1966 | 25,359 constant 2015 US$ | +4.2% |
| 1967 | 26,526 constant 2015 US$ | +4.6% |
| 1968 | 27,438 constant 2015 US$ | +3.4% |
| 1969 | 28,576 constant 2015 US$ | +4.1% |
| 1970 | 25,942 constant 2015 US$ | -9.2% |
| 1971 | 25,552 constant 2015 US$ | -1.5% |
| 1972 | 24,004 constant 2015 US$ | -6.1% |
| 1973 | 25,212 constant 2015 US$ | +5.0% |
| 1974 | 20,523 constant 2015 US$ | -18.6% |
| 1975 | 17,106 constant 2015 US$ | -16.6% |
| 1976 | 17,606 constant 2015 US$ | +2.9% |
| 1977 | 18,810 constant 2015 US$ | +6.8% |
| 1978 | 21,035 constant 2015 US$ | +11.8% |
| 1979 | 26,014 constant 2015 US$ | +23.7% |
| 1980 | 27,192 constant 2015 US$ | +4.5% |
| 1981 | 24,256 constant 2015 US$ | -10.8% |
| 1982 | 25,451 constant 2015 US$ | +4.9% |
| 1983 | 25,926 constant 2015 US$ | +1.9% |
| 1984 | 29,105 constant 2015 US$ | +12.3% |
| 1985 | 29,993 constant 2015 US$ | +3.1% |
| 1986 | 30,013 constant 2015 US$ | +0.1% |
| 1987 | 30,390 constant 2015 US$ | +1.3% |
| 1988 | 30,565 constant 2015 US$ | +0.6% |
| 1989 | 32,052 constant 2015 US$ | +4.9% |
| 1990 | 30,996 constant 2015 US$ | -3.3% |
| 1991 | 29,193 constant 2015 US$ | -5.8% |
| 1992 | 27,566 constant 2015 US$ | -5.6% |
| 1993 | 27,137 constant 2015 US$ | -1.6% |
| 1994 | 27,504 constant 2015 US$ | +1.4% |
| 1995 | 28,236 constant 2015 US$ | +2.7% |
| 1996 | 28,967 constant 2015 US$ | +2.6% |
| 1997 | 28,903 constant 2015 US$ | -0.2% |
| 1998 | 29,837 constant 2015 US$ | +3.2% |
| 1999 | 31,544 constant 2015 US$ | +5.7% |
| 2000 | 32,425 constant 2015 US$ | +2.8% |
| 2001 | 32,870 constant 2015 US$ | +1.4% |
| 2002 | 33,375 constant 2015 US$ | +1.5% |
| 2003 | 32,559 constant 2015 US$ | -2.4% |
| 2004 | 32,444 constant 2015 US$ | -0.4% |
| 2005 | 33,145 constant 2015 US$ | +2.2% |
| 2006 | 33,542 constant 2015 US$ | +1.2% |
| 2007 | 33,549 constant 2015 US$ | +0.0% |
| 2008 | 32,332 constant 2015 US$ | -3.6% |
| 2009 | 30,581 constant 2015 US$ | -5.4% |
| 2010 | 30,657 constant 2015 US$ | +0.2% |
| 2011 | 30,493 constant 2015 US$ | -0.5% |
| 2012 | 31,554 constant 2015 US$ | +3.5% |
| 2013 | 30,368 constant 2015 US$ | -3.8% |
| 2014 | 30,658 constant 2015 US$ | +1.0% |
| 2015 | 30,719 constant 2015 US$ | +0.2% |
| 2016 | 30,152 constant 2015 US$ | -1.8% |
| 2017 | 30,975 constant 2015 US$ | +2.7% |
| 2018 | 31,537 constant 2015 US$ | +1.8% |
| 2019 | 31,118 constant 2015 US$ | -1.3% |
| 2020 | 24,792 constant 2015 US$ | -20.3% |
| 2021 | 29,114 constant 2015 US$ | +17.4% |
| 2022 | 32,186 constant 2015 US$ | +10.6% |
| 2023 | 33,010 constant 2015 US$ | +2.6% |
| 2024 | 33,968 constant 2015 US$ | +2.9% |
Bahamas compared with similar countries
- Bahamas's 33,968 constant 2015 US$ is below the median for high income countries, which is 34,672 constant 2015 US$, 98% of the median. (80 countries reporting)
- Bahamas's 33,968 constant 2015 US$ is above the median for Latin America & Caribbean, which is 10,367 constant 2015 US$, 3.3× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23,646 constant 2015 US$ | 18,779 constant 2015 US$ | 28,576 constant 2015 US$ | 10 |
| 1970s | 22,180 constant 2015 US$ | 17,106 constant 2015 US$ | 26,014 constant 2015 US$ | 10 |
| 1980s | 28,494 constant 2015 US$ | 24,256 constant 2015 US$ | 32,052 constant 2015 US$ | 10 |
| 1990s | 28,988 constant 2015 US$ | 27,137 constant 2015 US$ | 31,544 constant 2015 US$ | 10 |
| 2000s | 32,682 constant 2015 US$ | 30,581 constant 2015 US$ | 33,549 constant 2015 US$ | 10 |
| 2010s | 30,823 constant 2015 US$ | 30,152 constant 2015 US$ | 31,554 constant 2015 US$ | 10 |
| 2020s | 30,614 constant 2015 US$ | 24,792 constant 2015 US$ | 33,968 constant 2015 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita in Bahamas?
- Gdp per capita in Bahamas was 33,968 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Bahamas?
- The highest recorded value was 33,968 constant 2015 US$ in 2024.
- What is the lowest gdp per capita recorded in Bahamas?
- The lowest recorded value was 17,106 constant 2015 US$ in 1975.
- How does Bahamas rank for gdp per capita?
- Bahamas ranks 43rd out of 212 countries with data for 2024.
- Is gdp per capita rising or falling in Bahamas?
- Over the last ten years it is up 10.8%. 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 per capita (constant 2015 US$). 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. The core indicator has been divided by the general population to achieve a per capita estimate.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 is 2015. This indicator is expressed in United States dollars.