General government final consumption expenditure in Bahamas
Bahamas: General government final consumption expenditure was 0.9% in 2024. ◆ Volatile
General government final consumption expenditure in Bahamas, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Bahamas recorded 0.9% for general government final consumption expenditure in 2024.
Compared with earlier readings it is down 87.9% on the previous year and up 116.2% over ten years.
Over the whole period, general government final consumption expenditure in Bahamas peaked at 64.2% in 1997 and was at its lowest, -22.6%, in 2012.
Bahamas ranks 125th of 174 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.
General government final consumption expenditure in Bahamas, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1990 | -2.4% | — |
| 1991 | 5.5% | -332.6% |
| 1992 | -5.2% | -194.6% |
| 1993 | -2.6% | -50.6% |
| 1994 | 13.8% | -638.2% |
| 1995 | -6.1% | -144.0% |
| 1996 | 6.5% | -207.9% |
| 1997 | 64.2% | +881.0% |
| 1998 | -1.3% | -102.0% |
| 1999 | -0.0% | -97.8% |
| 2000 | 3.6% | -12571.0% |
| 2001 | 2.8% | -21.3% |
| 2002 | -1.3% | -146.3% |
| 2003 | -10.3% | +690.9% |
| 2004 | -3.2% | -69.1% |
| 2005 | 3.1% | -198.3% |
| 2006 | 1.8% | -44.1% |
| 2007 | -0.2% | -109.6% |
| 2008 | 7.2% | -4390.2% |
| 2009 | 3.9% | -46.0% |
| 2010 | -0.3% | -107.5% |
| 2011 | 7.2% | -2570.3% |
| 2012 | -22.6% | -412.6% |
| 2013 | -5.2% | -76.9% |
| 2014 | -5.3% | +2.0% |
| 2015 | 10.5% | -296.5% |
| 2016 | -4.5% | -142.4% |
| 2017 | 16.7% | -475.0% |
| 2018 | -1.0% | -105.9% |
| 2019 | 15.6% | -1679.5% |
| 2020 | 29.6% | +90.0% |
| 2021 | -4.1% | -113.8% |
| 2022 | -5.3% | +30.0% |
| 2023 | 7.2% | -235.6% |
| 2024 | 0.9% | -87.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.2% | -6.1% | 64.2% | 10 |
| 2000s | 0.7% | -10.3% | 7.2% | 10 |
| 2010s | 1.1% | -22.6% | 16.7% | 10 |
| 2020s | 5.7% | -5.3% | 29.6% | 5 |
Countries ranked near Bahamas
- 122 Lithuania 1.0% compare
- 123 Kazakhstan 1.0% compare
- 124 Switzerland 1.0% compare
- 126 Timor-Leste 0.9% compare
- 127 Türkiye 0.8% compare
- 128 Sweden 0.7% 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.71 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3084 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 12,169 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -311.24 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -311.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 17.44 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0051 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 203.1 current LCU per person (2024)
Frequently asked questions
- What is general government final consumption expenditure in Bahamas?
- General government final consumption expenditure in Bahamas was 0.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Bahamas?
- The highest recorded value was 64.2% in 1997.
- What is the lowest general government final consumption expenditure recorded in Bahamas?
- The lowest recorded value was -22.6% in 2012.
- How does Bahamas rank for general government final consumption expenditure?
- Bahamas ranks 125th out of 174 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 116.2%. 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 General government final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.