GDP per capita in Bahamas
Bahamas: GDP per capita was 35,158 constant LCU in 2024. ▲ Rising
GDP per capita in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gdp per capita in Bahamas stood at 35,158 constant LCU. That is the highest value across all 65 years on record.
The figure is 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 35,158 constant LCU in 2024 and was at its lowest, 17,706 constant LCU, in 1975.
That places Bahamas 131st out of 215 countries with data for 2024, putting it in the middle of the range.
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 LCU | Change |
|---|---|---|
| 1960 | 19,437 constant LCU | — |
| 1961 | 20,475 constant LCU | +5.3% |
| 1962 | 21,507 constant LCU | +5.0% |
| 1963 | 22,610 constant LCU | +5.1% |
| 1964 | 23,847 constant LCU | +5.5% |
| 1965 | 25,190 constant LCU | +5.6% |
| 1966 | 26,247 constant LCU | +4.2% |
| 1967 | 27,456 constant LCU | +4.6% |
| 1968 | 28,399 constant LCU | +3.4% |
| 1969 | 29,578 constant LCU | +4.1% |
| 1970 | 26,850 constant LCU | -9.2% |
| 1971 | 26,447 constant LCU | -1.5% |
| 1972 | 24,846 constant LCU | -6.1% |
| 1973 | 26,096 constant LCU | +5.0% |
| 1974 | 21,242 constant LCU | -18.6% |
| 1975 | 17,706 constant LCU | -16.6% |
| 1976 | 18,223 constant LCU | +2.9% |
| 1977 | 19,469 constant LCU | +6.8% |
| 1978 | 21,772 constant LCU | +11.8% |
| 1979 | 26,925 constant LCU | +23.7% |
| 1980 | 28,144 constant LCU | +4.5% |
| 1981 | 25,106 constant LCU | -10.8% |
| 1982 | 26,343 constant LCU | +4.9% |
| 1983 | 26,835 constant LCU | +1.9% |
| 1984 | 30,125 constant LCU | +12.3% |
| 1985 | 31,044 constant LCU | +3.1% |
| 1986 | 31,064 constant LCU | +0.1% |
| 1987 | 31,454 constant LCU | +1.3% |
| 1988 | 31,636 constant LCU | +0.6% |
| 1989 | 33,175 constant LCU | +4.9% |
| 1990 | 32,082 constant LCU | -3.3% |
| 1991 | 30,216 constant LCU | -5.8% |
| 1992 | 28,532 constant LCU | -5.6% |
| 1993 | 28,088 constant LCU | -1.6% |
| 1994 | 28,467 constant LCU | +1.4% |
| 1995 | 29,226 constant LCU | +2.7% |
| 1996 | 29,982 constant LCU | +2.6% |
| 1997 | 29,915 constant LCU | -0.2% |
| 1998 | 30,883 constant LCU | +3.2% |
| 1999 | 32,650 constant LCU | +5.7% |
| 2000 | 33,561 constant LCU | +2.8% |
| 2001 | 34,022 constant LCU | +1.4% |
| 2002 | 34,544 constant LCU | +1.5% |
| 2003 | 33,700 constant LCU | -2.4% |
| 2004 | 33,581 constant LCU | -0.4% |
| 2005 | 34,306 constant LCU | +2.2% |
| 2006 | 34,717 constant LCU | +1.2% |
| 2007 | 34,725 constant LCU | +0.0% |
| 2008 | 33,465 constant LCU | -3.6% |
| 2009 | 31,653 constant LCU | -5.4% |
| 2010 | 31,732 constant LCU | +0.2% |
| 2011 | 31,561 constant LCU | -0.5% |
| 2012 | 32,659 constant LCU | +3.5% |
| 2013 | 31,432 constant LCU | -3.8% |
| 2014 | 31,733 constant LCU | +1.0% |
| 2015 | 31,796 constant LCU | +0.2% |
| 2016 | 31,209 constant LCU | -1.8% |
| 2017 | 32,060 constant LCU | +2.7% |
| 2018 | 32,642 constant LCU | +1.8% |
| 2019 | 32,208 constant LCU | -1.3% |
| 2020 | 25,660 constant LCU | -20.3% |
| 2021 | 30,134 constant LCU | +17.4% |
| 2022 | 33,314 constant LCU | +10.6% |
| 2023 | 34,166 constant LCU | +2.6% |
| 2024 | 35,158 constant LCU | +2.9% |
Bahamas compared with similar countries
- Bahamas's 35,158 constant LCU is below the median for high income countries, which is 54,263 constant LCU, 65% of the median. (83 countries reporting)
- Bahamas's 35,158 constant LCU is above the median for Latin America & Caribbean, which is 34,125 constant LCU, 1.0× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24,475 constant LCU | 19,437 constant LCU | 29,578 constant LCU | 10 |
| 1970s | 22,958 constant LCU | 17,706 constant LCU | 26,925 constant LCU | 10 |
| 1980s | 29,493 constant LCU | 25,106 constant LCU | 33,175 constant LCU | 10 |
| 1990s | 30,004 constant LCU | 28,088 constant LCU | 32,650 constant LCU | 10 |
| 2000s | 33,827 constant LCU | 31,653 constant LCU | 34,725 constant LCU | 10 |
| 2010s | 31,903 constant LCU | 31,209 constant LCU | 32,659 constant LCU | 10 |
| 2020s | 31,687 constant LCU | 25,660 constant LCU | 35,158 constant LCU | 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 35,158 constant LCU 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 35,158 constant LCU in 2024.
- What is the lowest gdp per capita recorded in Bahamas?
- The lowest recorded value was 17,706 constant LCU in 1975.
- How does Bahamas rank for gdp per capita?
- Bahamas ranks 131st out of 215 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 LCU). 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 varies by country. This series is expressed in local currency units.