GNI growth in Bahamas
Bahamas: GNI growth was 3.7% in 2024. ◆ Volatile
GNI growth in Bahamas, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gni growth in Bahamas is 3.7%, measured in 2024.
Compared with earlier readings it is down 50.3% on the previous year and down 22.2% over ten years.
Over the whole period, gni growth in Bahamas peaked at 18.2% in 1995 and was at its lowest, -20.1%, in 2020.
That places Bahamas 77th out of 163 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI growth in Bahamas, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | -1.6% | — |
| 1991 | -5.6% | +244.2% |
| 1992 | -0.3% | -95.3% |
| 1993 | -1.3% | +412.5% |
| 1994 | 3.1% | -328.9% |
| 1995 | 18.2% | +489.0% |
| 1996 | 9.9% | -45.6% |
| 1997 | -0.7% | -107.5% |
| 1998 | 5.6% | -851.3% |
| 1999 | 13.4% | +140.7% |
| 2000 | 3.5% | -73.9% |
| 2001 | -1.4% | -140.7% |
| 2002 | 8.6% | -698.6% |
| 2003 | -2.4% | -127.8% |
| 2004 | -0.5% | -77.3% |
| 2005 | 3.3% | -714.5% |
| 2006 | -1.1% | -132.6% |
| 2007 | 3.0% | -372.5% |
| 2008 | -2.7% | -191.3% |
| 2009 | -7.5% | +176.4% |
| 2010 | -0.2% | -97.5% |
| 2011 | -2.7% | +1359.7% |
| 2012 | -5.6% | +107.2% |
| 2013 | -0.9% | -84.1% |
| 2014 | 4.8% | -639.9% |
| 2015 | 6.0% | +25.7% |
| 2016 | -0.1% | -102.2% |
| 2017 | 3.0% | -2380.9% |
| 2018 | -1.4% | -145.2% |
| 2019 | 1.9% | -243.1% |
| 2020 | -20.1% | -1134.7% |
| 2021 | 12.3% | -161.3% |
| 2022 | 7.9% | -36.1% |
| 2023 | 7.5% | -5.4% |
| 2024 | 3.7% | -50.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.1% | -5.6% | 18.2% | 10 |
| 2000s | 0.3% | -7.5% | 8.6% | 10 |
| 2010s | 0.5% | -5.6% | 6.0% | 10 |
| 2020s | 2.3% | -20.1% | 12.3% | 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)
- GDP (current US$), annual growth rate 3.68 % change on previous year (2024)
- GDP (current US$), per capita 39,455 current US$ per person (2024)
- GDP (current LCU), annual growth rate 3.68 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 39,455 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 3.38 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8609 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 33,968 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gni growth in Bahamas?
- Gni growth in Bahamas was 3.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Bahamas?
- The highest recorded value was 18.2% in 1995.
- What is the lowest gni growth recorded in Bahamas?
- The lowest recorded value was -20.1% in 2020.
- How does Bahamas rank for gni growth?
- Bahamas ranks 77th out of 163 countries with data for 2024.
- Is gni growth rising or falling in Bahamas?
- Over the last ten years it is down 22.2%. 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 GNI growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.