GDP, PPP in Bahamas
Bahamas: GDP, PPP was 16.56 billion current international $ in 2024. ▲ Rising
GDP, PPP in Bahamas, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Bahamas recorded 16.56 billion current international $ for gdp, ppp in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 36.5% over ten years.
Over the whole period, gdp, ppp in Bahamas peaked at 16.56 billion current international $ in 2024 and was at its lowest, 5.33 billion current international $, in 1992.
That places Bahamas 157th out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP, PPP in Bahamas, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 5.47 billion current international $ | — |
| 1991 | 5.42 billion current international $ | -0.9% |
| 1992 | 5.33 billion current international $ | -1.6% |
| 1993 | 5.47 billion current international $ | +2.7% |
| 1994 | 5.76 billion current international $ | +5.4% |
| 1995 | 6.14 billion current international $ | +6.6% |
| 1996 | 6.52 billion current international $ | +6.1% |
| 1997 | 6.72 billion current international $ | +3.0% |
| 1998 | 7.11 billion current international $ | +5.9% |
| 1999 | 7.73 billion current international $ | +8.7% |
| 2000 | 8.23 billion current international $ | +6.5% |
| 2001 | 8.64 billion current international $ | +4.9% |
| 2002 | 9.01 billion current international $ | +4.3% |
| 2003 | 9.07 billion current international $ | +0.7% |
| 2004 | 9.40 billion current international $ | +3.6% |
| 2005 | 10.02 billion current international $ | +6.6% |
| 2006 | 10.59 billion current international $ | +5.7% |
| 2007 | 11.04 billion current international $ | +4.2% |
| 2008 | 10.99 billion current international $ | -0.4% |
| 2009 | 10.59 billion current international $ | -3.6% |
| 2010 | 10.89 billion current international $ | +2.8% |
| 2011 | 11.18 billion current international $ | +2.7% |
| 2012 | 11.65 billion current international $ | +4.2% |
| 2013 | 11.48 billion current international $ | -1.5% |
| 2014 | 12.13 billion current international $ | +5.7% |
| 2015 | 12.38 billion current international $ | +2.1% |
| 2016 | 12.53 billion current international $ | +1.2% |
| 2017 | 13.39 billion current international $ | +6.8% |
| 2018 | 13.83 billion current international $ | +3.3% |
| 2019 | 14.25 billion current international $ | +3.0% |
| 2020 | 10.77 billion current international $ | -24.4% |
| 2021 | 12.31 billion current international $ | +14.3% |
| 2022 | 14.62 billion current international $ | +18.8% |
| 2023 | 15.63 billion current international $ | +6.9% |
| 2024 | 16.56 billion current international $ | +5.9% |
Bahamas compared with similar countries
- Bahamas's 16.56 billion current international $ is below the median for high income countries, which is 249.67 billion current international $, 7% of the median. (74 countries reporting)
- Bahamas's 16.56 billion current international $ is below the median for Latin America & Caribbean, which is 65.06 billion current international $, 25% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.17 billion current international $ | 5.33 billion current international $ | 7.73 billion current international $ | 10 |
| 2000s | 9.76 billion current international $ | 8.23 billion current international $ | 11.04 billion current international $ | 10 |
| 2010s | 12.37 billion current international $ | 10.89 billion current international $ | 14.25 billion current international $ | 10 |
| 2020s | 13.98 billion current international $ | 10.77 billion current international $ | 16.56 billion current international $ | 5 |
Countries ranked near Bahamas
- 154 Palestine 27.07 billion current international $ compare
- 155 Montenegro 22.07 billion current international $ compare
- 156 Burundi 17.96 billion current international $ compare
- 158 Eswatini 15.74 billion current international $ compare
- 159 Bhutan 15.61 billion current international $ compare
- 160 Fiji 15.25 billion current international $ 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 gdp, ppp in Bahamas?
- Gdp, ppp in Bahamas was 16.56 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Bahamas?
- The highest recorded value was 16.56 billion current international $ in 2024.
- What is the lowest gdp, ppp recorded in Bahamas?
- The lowest recorded value was 5.33 billion current international $ in 1992.
- How does Bahamas rank for gdp, ppp?
- Bahamas ranks 157th out of 204 countries with data for 2024.
- Is gdp, ppp rising or falling in Bahamas?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.