GDP per capita growth in Bahamas
Bahamas: GDP per capita growth was 2.9% in 2024. ◆ Volatile
GDP per capita growth in Bahamas, 1961–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Bahamas recorded 2.9% for gdp per capita growth in 2024.
The figure is up 13.5% on the previous year and up 203.8% over ten years.
Over the whole period, gdp per capita growth in Bahamas peaked at 23.7% in 1979 and was at its lowest, -20.3%, in 2020.
Bahamas ranks 85th of 213 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth in Bahamas, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 5.3% | — |
| 1962 | 5.0% | -5.7% |
| 1963 | 5.1% | +1.8% |
| 1964 | 5.5% | +6.7% |
| 1965 | 5.6% | +2.9% |
| 1966 | 4.2% | -25.5% |
| 1967 | 4.6% | +9.7% |
| 1968 | 3.4% | -25.4% |
| 1969 | 4.1% | +20.8% |
| 1970 | -9.2% | -322.2% |
| 1971 | -1.5% | -83.7% |
| 1972 | -6.1% | +303.2% |
| 1973 | 5.0% | -183.1% |
| 1974 | -18.6% | -469.7% |
| 1975 | -16.6% | -10.5% |
| 1976 | 2.9% | -117.6% |
| 1977 | 6.8% | +133.9% |
| 1978 | 11.8% | +73.1% |
| 1979 | 23.7% | +100.1% |
| 1980 | 4.5% | -80.9% |
| 1981 | -10.8% | -338.4% |
| 1982 | 4.9% | -145.6% |
| 1983 | 1.9% | -62.1% |
| 1984 | 12.3% | +556.3% |
| 1985 | 3.1% | -75.1% |
| 1986 | 0.1% | -97.9% |
| 1987 | 1.3% | +1833.3% |
| 1988 | 0.6% | -54.0% |
| 1989 | 4.9% | +743.5% |
| 1990 | -3.3% | -167.7% |
| 1991 | -5.8% | +76.4% |
| 1992 | -5.6% | -4.2% |
| 1993 | -1.6% | -72.1% |
| 1994 | 1.4% | -186.8% |
| 1995 | 2.7% | +97.3% |
| 1996 | 2.6% | -2.9% |
| 1997 | -0.2% | -108.6% |
| 1998 | 3.2% | -1553.2% |
| 1999 | 5.7% | +76.9% |
| 2000 | 2.8% | -51.2% |
| 2001 | 1.4% | -50.8% |
| 2002 | 1.5% | +11.7% |
| 2003 | -2.4% | -259.2% |
| 2004 | -0.4% | -85.5% |
| 2005 | 2.2% | -710.2% |
| 2006 | 1.2% | -44.5% |
| 2007 | 0.0% | -98.1% |
| 2008 | -3.6% | -16361.8% |
| 2009 | -5.4% | +49.2% |
| 2010 | 0.2% | -104.6% |
| 2011 | -0.5% | -316.0% |
| 2012 | 3.5% | -747.3% |
| 2013 | -3.8% | -208.0% |
| 2014 | 1.0% | -125.4% |
| 2015 | 0.2% | -79.2% |
| 2016 | -1.8% | -1030.0% |
| 2017 | 2.7% | -247.7% |
| 2018 | 1.8% | -33.4% |
| 2019 | -1.3% | -173.3% |
| 2020 | -20.3% | +1427.9% |
| 2021 | 17.4% | -185.8% |
| 2022 | 10.6% | -39.5% |
| 2023 | 2.6% | -75.8% |
| 2024 | 2.9% | +13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.8% | 3.4% | 5.6% | 9 |
| 1970s | -0.2% | -18.6% | 23.7% | 10 |
| 1980s | 2.3% | -10.8% | 12.3% | 10 |
| 1990s | -0.1% | -5.8% | 5.7% | 10 |
| 2000s | -0.3% | -5.4% | 2.8% | 10 |
| 2010s | 0.2% | -3.8% | 3.5% | 10 |
| 2020s | 2.6% | -20.3% | 17.4% | 5 |
Countries ranked near Bahamas
- 82 Panama 3.1% compare
- 83 Burkina Faso 3.0% compare
- 84 Bosnia and Herzegovina 2.9% compare
- 86 Lithuania 2.9% compare
- 87 Tanzania, United Republic of 2.9% compare
- 88 Ecuador 2.9% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0063 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 248.45 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0063 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 248.45 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0018 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 72.59 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 91.96 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.07 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita growth in Bahamas?
- Gdp per capita growth in Bahamas was 2.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Bahamas?
- The highest recorded value was 23.7% in 1979.
- What is the lowest gdp per capita growth recorded in Bahamas?
- The lowest recorded value was -20.3% in 2020.
- How does Bahamas rank for gdp per capita growth?
- Bahamas ranks 85th out of 213 countries with data for 2024.
- Is gdp per capita growth rising or falling in Bahamas?
- Over the last ten years it is up 203.8%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.