Government expenditure vs gdp in Bahamas
Bahamas: Government expenditure vs gdp was 2.19 billion in 2024. ▲ Rising
Latest (2024)
2.19 billion
Change on year
up 0.9%
World rank
115th
of 166 countries
All-time high
2.23 billion
in 2020
All-time low
835.75 million
in 1993
Years of data
36
1989–2024
Government expenditure vs gdp in Bahamas, 1989–2024
Source: Our World in Data.
Analysis
The most recent figure for government expenditure vs gdp in Bahamas is 2.19 billion, measured in 2024.
That represents a change of up 0.9% on the previous year and up 79.5% over ten years.
Over the whole period, government expenditure vs gdp in Bahamas peaked at 2.23 billion in 2020 and was at its lowest, 835.75 million, in 1993.
That places Bahamas 115th out of 166 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Government expenditure vs gdp in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 878.27 million | — |
| 1990 | 857.60 million | -2.4% |
| 1991 | 904.55 million | +5.5% |
| 1992 | 857.69 million | -5.2% |
| 1993 | 835.75 million | -2.6% |
| 1994 | 950.81 million | +13.8% |
| 1995 | 893.20 million | -6.1% |
| 1996 | 951.61 million | +6.5% |
| 1997 | 1.56 billion | +64.2% |
| 1998 | 1.54 billion | -1.3% |
| 1999 | 1.54 billion | -0.0% |
| 2000 | 1.60 billion | +3.6% |
| 2001 | 1.64 billion | +2.8% |
| 2002 | 1.62 billion | -1.3% |
| 2003 | 1.45 billion | -10.3% |
| 2004 | 1.41 billion | -3.2% |
| 2005 | 1.45 billion | +3.1% |
| 2006 | 1.48 billion | +1.7% |
| 2007 | 1.47 billion | -0.2% |
| 2008 | 1.58 billion | +7.2% |
| 2009 | 1.64 billion | +3.9% |
| 2010 | 1.64 billion | -0.3% |
| 2011 | 1.76 billion | +7.2% |
| 2012 | 1.36 billion | -22.6% |
| 2013 | 1.29 billion | -5.2% |
| 2014 | 1.22 billion | -5.3% |
| 2015 | 1.35 billion | +10.5% |
| 2016 | 1.29 billion | -4.5% |
| 2017 | 1.50 billion | +16.7% |
| 2018 | 1.49 billion | -1.0% |
| 2019 | 1.72 billion | +15.6% |
| 2020 | 2.23 billion | +29.6% |
| 2021 | 2.14 billion | -4.1% |
| 2022 | 2.02 billion | -5.3% |
| 2023 | 2.17 billion | +7.2% |
| 2024 | 2.19 billion | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 878.27 million | 878.27 million | 878.27 million | 1 |
| 1990s | 1.09 billion | 835.75 million | 1.56 billion | 10 |
| 2000s | 1.53 billion | 1.41 billion | 1.64 billion | 10 |
| 2010s | 1.46 billion | 1.22 billion | 1.76 billion | 10 |
| 2020s | 2.15 billion | 2.02 billion | 2.23 billion | 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)
- GNI, Atlas method (current US$), annual growth rate 5.71 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9382 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per capita 37,017 current US$ per person (2024)
- GNI (current US$), annual growth rate 4.66 % change on previous year (2024)
- GNI (current US$), per unit of GDP 0.9601 current US$ per US$ of GDP (2024)
- GNI (current US$), per capita 37,881 current US$ per person (2024)
- GNI (current LCU), annual growth rate 4.66 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.9601 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is government expenditure vs gdp in Bahamas?
- Government expenditure vs gdp in Bahamas was 2.19 billion in 2024, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in Bahamas?
- The highest recorded value was 2.23 billion in 2020.
- What is the lowest government expenditure vs gdp recorded in Bahamas?
- The lowest recorded value was 835.75 million in 1993.
- How does Bahamas rank for government expenditure vs gdp?
- Bahamas ranks 115th out of 166 countries with data for 2024.
- Is government expenditure vs gdp 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 Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
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