General government final consumption expenditure in Bahamas
Bahamas: General government final consumption expenditure was 12.9% in 2024. ▬ Flat
General government final consumption expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for general government final consumption expenditure in Bahamas is 12.9%, measured in 2024.
Compared with earlier readings it is down 1.5% on the previous year and up 15.9% over ten years.
Over the whole period, general government final consumption expenditure in Bahamas peaked at 21.8% in 2020 and was at its lowest, 9.2%, in 1999.
Bahamas ranks 131st of 187 countries on this measure, in the middle of the range.
General government final consumption expenditure in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 15.3% | — |
| 1978 | 15.4% | +0.6% |
| 1979 | 12.6% | -18.2% |
| 1980 | 12.5% | -0.9% |
| 1981 | 13.8% | +10.6% |
| 1982 | 13.2% | -4.3% |
| 1983 | 13.7% | +3.8% |
| 1984 | 12.9% | -5.8% |
| 1985 | 12.5% | -3.7% |
| 1986 | 12.1% | -2.6% |
| 1987 | 12.0% | -0.9% |
| 1989 | 13.6% | +12.8% |
| 1990 | 12.9% | -5.2% |
| 1991 | 14.2% | +10.1% |
| 1992 | 13.7% | -3.0% |
| 1993 | 12.9% | -6.3% |
| 1994 | 14.8% | +15.1% |
| 1995 | 13.9% | -6.2% |
| 1996 | 14.3% | +3.1% |
| 1997 | 10.0% | -29.9% |
| 1998 | 9.5% | -5.1% |
| 1999 | 9.2% | -3.6% |
| 2000 | 9.3% | +0.8% |
| 2001 | 9.6% | +4.2% |
| 2002 | 9.5% | -1.2% |
| 2003 | 9.7% | +2.0% |
| 2004 | 10.0% | +3.1% |
| 2005 | 9.8% | -2.7% |
| 2006 | 10.2% | +5.0% |
| 2007 | 10.1% | -1.4% |
| 2008 | 11.2% | +10.8% |
| 2009 | 12.7% | +13.3% |
| 2010 | 12.5% | -1.2% |
| 2011 | 13.8% | +9.9% |
| 2012 | 13.1% | -4.9% |
| 2013 | 11.7% | -10.3% |
| 2014 | 11.1% | -5.1% |
| 2015 | 11.4% | +2.1% |
| 2016 | 10.7% | -5.7% |
| 2017 | 11.7% | +9.3% |
| 2018 | 11.3% | -3.7% |
| 2019 | 12.7% | +12.3% |
| 2020 | 21.8% | +72.0% |
| 2021 | 17.3% | -20.3% |
| 2022 | 13.2% | -24.0% |
| 2023 | 13.1% | -0.5% |
| 2024 | 12.9% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.5% | 12.6% | 15.4% | 3 |
| 1980s | 12.9% | 12.0% | 13.8% | 9 |
| 1990s | 12.5% | 9.2% | 14.8% | 10 |
| 2000s | 10.2% | 9.3% | 12.7% | 10 |
| 2010s | 12.0% | 10.7% | 13.8% | 10 |
| 2020s | 15.7% | 12.9% | 21.8% | 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)
- Total reserves minus gold (current US$), annual growth rate 4.79 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1662 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 6,559 current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1291 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 5,094 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.1291 current LCU 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 12.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Bahamas?
- The highest recorded value was 21.8% in 2020.
- What is the lowest general government final consumption expenditure recorded in Bahamas?
- The lowest recorded value was 9.2% in 1999.
- How does Bahamas rank for general government final consumption expenditure?
- Bahamas ranks 131st out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 15.9%. The long-run trend across the full record is flat.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of General government final consumption expenditure (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.