GDP per capita in Bahamas
Bahamas: GDP per capita was 39,455 current US$ in 2024. ◆ Volatile
GDP per capita in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp per capita in Bahamas is 39,455 current US$, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 3.2% on the previous year and up 35.4% over ten years.
Over the whole period, gdp per capita in Bahamas peaked at 39,455 current US$ in 2024 and was at its lowest, 1,459 current US$, in 1960.
Bahamas ranks 42nd of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 1,459 current US$ | — |
| 1961 | 1,555 current US$ | +6.6% |
| 1962 | 1,651 current US$ | +6.2% |
| 1963 | 1,759 current US$ | +6.5% |
| 1964 | 1,883 current US$ | +7.1% |
| 1965 | 2,030 current US$ | +7.8% |
| 1966 | 2,239 current US$ | +10.3% |
| 1967 | 2,453 current US$ | +9.5% |
| 1968 | 2,668 current US$ | +8.8% |
| 1969 | 3,027 current US$ | +13.4% |
| 1970 | 2,916 current US$ | -3.6% |
| 1971 | 3,004 current US$ | +3.0% |
| 1972 | 3,014 current US$ | +0.3% |
| 1973 | 3,341 current US$ | +10.9% |
| 1974 | 3,080 current US$ | -7.8% |
| 1975 | 2,841 current US$ | -7.8% |
| 1976 | 2,993 current US$ | +5.4% |
| 1977 | 3,253 current US$ | +8.7% |
| 1978 | 3,720 current US$ | +14.3% |
| 1979 | 4,994 current US$ | +34.2% |
| 1980 | 5,743 current US$ | +15.0% |
| 1981 | 6,029 current US$ | +5.0% |
| 1982 | 6,559 current US$ | +8.8% |
| 1983 | 7,081 current US$ | +8.0% |
| 1984 | 8,202 current US$ | +15.8% |
| 1985 | 9,167 current US$ | +11.8% |
| 1986 | 9,601 current US$ | +4.7% |
| 1987 | 10,361 current US$ | +7.9% |
| 1988 | 10,576 current US$ | +2.1% |
| 1989 | 11,292 current US$ | +6.8% |
| 1990 | 11,473 current US$ | +1.6% |
| 1991 | 11,082 current US$ | -3.4% |
| 1992 | 10,873 current US$ | -1.9% |
| 1993 | 10,613 current US$ | -2.4% |
| 1994 | 10,991 current US$ | +3.6% |
| 1995 | 11,375 current US$ | +3.5% |
| 1996 | 11,784 current US$ | +3.6% |
| 1997 | 20,368 current US$ | +72.8% |
| 1998 | 21,667 current US$ | +6.4% |
| 1999 | 24,041 current US$ | +11.0% |
| 2000 | 24,940 current US$ | +3.7% |
| 2001 | 25,372 current US$ | +1.7% |
| 2002 | 26,782 current US$ | +5.6% |
| 2003 | 26,429 current US$ | -1.3% |
| 2004 | 26,650 current US$ | +0.8% |
| 2005 | 28,602 current US$ | +7.3% |
| 2006 | 29,185 current US$ | +2.0% |
| 2007 | 30,052 current US$ | +3.0% |
| 2008 | 29,392 current US$ | -2.2% |
| 2009 | 27,513 current US$ | -6.4% |
| 2010 | 27,473 current US$ | -0.1% |
| 2011 | 27,091 current US$ | -1.4% |
| 2012 | 28,552 current US$ | +5.4% |
| 2013 | 27,643 current US$ | -3.2% |
| 2014 | 29,137 current US$ | +5.4% |
| 2015 | 30,719 current US$ | +5.4% |
| 2016 | 30,616 current US$ | -0.3% |
| 2017 | 31,876 current US$ | +4.1% |
| 2018 | 32,642 current US$ | +2.4% |
| 2019 | 33,640 current US$ | +3.1% |
| 2020 | 26,179 current US$ | -22.2% |
| 2021 | 30,368 current US$ | +16.0% |
| 2022 | 34,957 current US$ | +15.1% |
| 2023 | 38,232 current US$ | +9.4% |
| 2024 | 39,455 current US$ | +3.2% |
Bahamas compared with similar countries
- Bahamas's 39,455 current US$ is above the median for high income countries, which is 39,041 current US$, 1.0× the median. (82 countries reporting)
- Bahamas's 39,455 current US$ is above the median for Latin America & Caribbean, which is 13,226 current US$, 3.0× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP per capita in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +72.8% | 11,784 current US$ | 20,368 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,072 current US$ | 1,459 current US$ | 3,027 current US$ | 10 |
| 1970s | 3,316 current US$ | 2,841 current US$ | 4,994 current US$ | 10 |
| 1980s | 8,461 current US$ | 5,743 current US$ | 11,292 current US$ | 10 |
| 1990s | 14,427 current US$ | 10,613 current US$ | 24,041 current US$ | 10 |
| 2000s | 27,492 current US$ | 24,940 current US$ | 30,052 current US$ | 10 |
| 2010s | 29,939 current US$ | 27,091 current US$ | 33,640 current US$ | 10 |
| 2020s | 33,838 current US$ | 26,179 current US$ | 39,455 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita in Bahamas?
- Gdp per capita in Bahamas was 39,455 current US$ 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 39,455 current US$ in 2024.
- What is the lowest gdp per capita recorded in Bahamas?
- The lowest recorded value was 1,459 current US$ in 1960.
- How does Bahamas rank for gdp per capita?
- Bahamas ranks 42nd out of 214 countries with data for 2024.
- Is gdp per capita rising or falling in Bahamas?
- Over the last ten years it is up 35.4%. 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 per capita (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.