Global Revenue Statistics - Comparative tax revenues in Bahamas
Bahamas: Global Revenue Statistics - Comparative tax revenues was 19.35 Percentage of GDP in 2024. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Bahamas, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Bahamas recorded 19.35 Percentage of GDP for global revenue statistics - comparative tax revenues in 2024.
That represents a change of up 6.0% on the previous year and up 44.6% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Bahamas peaked at 20.04 Percentage of GDP in 2020 and was at its lowest, 9.51 Percentage of GDP, in 1991.
That places Bahamas 81st out of 135 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Global Revenue Statistics - Comparative tax revenues in Bahamas, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 9.67 Percentage of GDP | — |
| 1991 | 9.51 Percentage of GDP | -1.7% |
| 1992 | 10.53 Percentage of GDP | +10.7% |
| 1993 | 10.74 Percentage of GDP | +2.1% |
| 1994 | 11.19 Percentage of GDP | +4.2% |
| 1995 | 11.29 Percentage of GDP | +0.9% |
| 1996 | 11.11 Percentage of GDP | -1.7% |
| 1997 | 11.18 Percentage of GDP | +0.7% |
| 1998 | 11.35 Percentage of GDP | +1.5% |
| 1999 | 10.82 Percentage of GDP | -4.6% |
| 2000 | 11.94 Percentage of GDP | +10.3% |
| 2001 | 11.67 Percentage of GDP | -2.3% |
| 2002 | 10.06 Percentage of GDP | -13.8% |
| 2003 | 10.56 Percentage of GDP | +5.0% |
| 2004 | 10.56 Percentage of GDP | -0.0% |
| 2005 | 10.78 Percentage of GDP | +2.1% |
| 2006 | 12.23 Percentage of GDP | +13.4% |
| 2007 | 12.81 Percentage of GDP | +4.7% |
| 2008 | 13.51 Percentage of GDP | +5.5% |
| 2009 | 12.92 Percentage of GDP | -4.4% |
| 2010 | 12.64 Percentage of GDP | -2.1% |
| 2011 | 14.77 Percentage of GDP | +16.8% |
| 2012 | 13.8 Percentage of GDP | -6.6% |
| 2013 | 13.79 Percentage of GDP | -0.1% |
| 2014 | 13.38 Percentage of GDP | -3.0% |
| 2015 | 14.88 Percentage of GDP | +11.2% |
| 2016 | 16.33 Percentage of GDP | +9.8% |
| 2017 | 17.02 Percentage of GDP | +4.2% |
| 2018 | 16.53 Percentage of GDP | -2.9% |
| 2019 | 18.72 Percentage of GDP | +13.2% |
| 2020 | 20.04 Percentage of GDP | +7.0% |
| 2021 | 15.53 Percentage of GDP | -22.5% |
| 2022 | 17.53 Percentage of GDP | +12.9% |
| 2023 | 18.25 Percentage of GDP | +4.1% |
| 2024 | 19.35 Percentage of GDP | +6.0% |
Bahamas compared with similar countries
- Bahamas's 19.35 Percentage of GDP is below the median for high income countries, which is 33.73 Percentage of GDP, 57% of the median. (49 countries reporting)
- Bahamas's 19.35 Percentage of GDP is below the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 91% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.74 Percentage of GDP | 9.51 Percentage of GDP | 11.35 Percentage of GDP | 10 |
| 2000s | 11.71 Percentage of GDP | 10.06 Percentage of GDP | 13.51 Percentage of GDP | 10 |
| 2010s | 15.19 Percentage of GDP | 12.64 Percentage of GDP | 18.72 Percentage of GDP | 10 |
| 2020s | 18.14 Percentage of GDP | 15.53 Percentage of GDP | 20.04 Percentage of GDP | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- 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)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Bahamas?
- Global revenue statistics - comparative tax revenues in Bahamas was 19.35 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Bahamas?
- The highest recorded value was 20.04 Percentage of GDP in 2020.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Bahamas?
- The lowest recorded value was 9.51 Percentage of GDP in 1991.
- How does Bahamas rank for global revenue statistics - comparative tax revenues?
- Bahamas ranks 81st out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Bahamas?
- Over the last ten years it is up 44.6%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.