General government final consumption expenditure (constant 2015 US$) in Bahamas
Bahamas: General government final consumption expenditure (constant 2015 US$) was 2.19 billion constant 2015 US$ in 2024. ▲ Rising
General government final consumption expenditure in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, general government final consumption expenditure in Bahamas stood at 2.19 billion constant 2015 US$.
The figure is up 0.9% on the previous year and up 79.5% over ten years.
Over the whole period, general government final consumption expenditure in Bahamas peaked at 2.23 billion constant 2015 US$ in 2020 and was at its lowest, 835.75 million constant 2015 US$, in 1993.
Bahamas ranks 115th of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
General government final consumption expenditure (constant 2015 US$) in Bahamas, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1989 | 878.27 million constant 2015 US$ | — |
| 1990 | 857.60 million constant 2015 US$ | -2.4% |
| 1991 | 904.55 million constant 2015 US$ | +5.5% |
| 1992 | 857.69 million constant 2015 US$ | -5.2% |
| 1993 | 835.75 million constant 2015 US$ | -2.6% |
| 1994 | 950.81 million constant 2015 US$ | +13.8% |
| 1995 | 893.20 million constant 2015 US$ | -6.1% |
| 1996 | 951.61 million constant 2015 US$ | +6.5% |
| 1997 | 1.56 billion constant 2015 US$ | +64.2% |
| 1998 | 1.54 billion constant 2015 US$ | -1.3% |
| 1999 | 1.54 billion constant 2015 US$ | -0.0% |
| 2000 | 1.60 billion constant 2015 US$ | +3.6% |
| 2001 | 1.64 billion constant 2015 US$ | +2.8% |
| 2002 | 1.62 billion constant 2015 US$ | -1.3% |
| 2003 | 1.45 billion constant 2015 US$ | -10.3% |
| 2004 | 1.41 billion constant 2015 US$ | -3.2% |
| 2005 | 1.45 billion constant 2015 US$ | +3.1% |
| 2006 | 1.48 billion constant 2015 US$ | +1.7% |
| 2007 | 1.47 billion constant 2015 US$ | -0.2% |
| 2008 | 1.58 billion constant 2015 US$ | +7.2% |
| 2009 | 1.64 billion constant 2015 US$ | +3.9% |
| 2010 | 1.64 billion constant 2015 US$ | -0.3% |
| 2011 | 1.76 billion constant 2015 US$ | +7.2% |
| 2012 | 1.36 billion constant 2015 US$ | -22.6% |
| 2013 | 1.29 billion constant 2015 US$ | -5.2% |
| 2014 | 1.22 billion constant 2015 US$ | -5.3% |
| 2015 | 1.35 billion constant 2015 US$ | +10.5% |
| 2016 | 1.29 billion constant 2015 US$ | -4.5% |
| 2017 | 1.50 billion constant 2015 US$ | +16.7% |
| 2018 | 1.49 billion constant 2015 US$ | -1.0% |
| 2019 | 1.72 billion constant 2015 US$ | +15.6% |
| 2020 | 2.23 billion constant 2015 US$ | +29.6% |
| 2021 | 2.14 billion constant 2015 US$ | -4.1% |
| 2022 | 2.02 billion constant 2015 US$ | -5.3% |
| 2023 | 2.17 billion constant 2015 US$ | +7.2% |
| 2024 | 2.19 billion constant 2015 US$ | +0.9% |
Bahamas compared with similar countries
- Bahamas's 2.19 billion constant 2015 US$ is below the median for high income countries, which is 41.36 billion constant 2015 US$, 5% of the median. (60 countries reporting)
- Bahamas's 2.19 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 9.59 billion constant 2015 US$, 23% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant 2015 US$) 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 | +64.2% | 951.61 million constant 2015 US$ | 1.56 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 878.27 million constant 2015 US$ | 878.27 million constant 2015 US$ | 878.27 million constant 2015 US$ | 1 |
| 1990s | 1.09 billion constant 2015 US$ | 835.75 million constant 2015 US$ | 1.56 billion constant 2015 US$ | 10 |
| 2000s | 1.53 billion constant 2015 US$ | 1.41 billion constant 2015 US$ | 1.64 billion constant 2015 US$ | 10 |
| 2010s | 1.46 billion constant 2015 US$ | 1.22 billion constant 2015 US$ | 1.76 billion constant 2015 US$ | 10 |
| 2020s | 2.15 billion constant 2015 US$ | 2.02 billion constant 2015 US$ | 2.23 billion constant 2015 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in Bahamas?
- General government final consumption expenditure in Bahamas was 2.19 billion constant 2015 US$ 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 2.23 billion constant 2015 US$ in 2020.
- What is the lowest general government final consumption expenditure recorded in Bahamas?
- The lowest recorded value was 835.75 million constant 2015 US$ in 1993.
- How does Bahamas rank for general government final consumption expenditure?
- Bahamas ranks 115th out of 168 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 79.5%. 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 General government final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.