Government revenues as a share of GDP in Bahamas
Bahamas: Government revenues as a share of GDP was 19.9% in 2023. ▲ Rising
Government revenues as a share of GDP in Bahamas, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for government revenues as a share of gdp in Bahamas is 19.9%, measured in 2023.
The figure is up 0.4% on the previous year and up 49.7% over ten years.
Over the whole period, government revenues as a share of gdp in Bahamas peaked at 21.0% in 2020 and was at its lowest, 10.0%, in 2002.
That places Bahamas 134th out of 174 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Government revenues as a share of GDP in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 11.6% | — |
| 2001 | 11.1% | -4.7% |
| 2002 | 10.0% | -9.6% |
| 2003 | 10.2% | +1.7% |
| 2004 | 10.4% | +2.7% |
| 2005 | 11.2% | +7.7% |
| 2006 | 12.6% | +12.1% |
| 2007 | 12.6% | -0.1% |
| 2008 | 13.6% | +7.9% |
| 2009 | 13.2% | -2.8% |
| 2010 | 12.8% | -2.9% |
| 2011 | 14.4% | +12.6% |
| 2012 | 14.2% | -1.7% |
| 2013 | 13.3% | -6.1% |
| 2014 | 13.4% | +0.8% |
| 2015 | 14.8% | +10.7% |
| 2016 | 16.9% | +14.2% |
| 2017 | 16.9% | -0.1% |
| 2018 | 16.2% | -4.3% |
| 2019 | 18.6% | +15.1% |
| 2020 | 21.0% | +12.4% |
| 2021 | 16.8% | -19.9% |
| 2022 | 19.8% | +18.2% |
| 2023 | 19.9% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.6% | 10.0% | 13.6% | 10 |
| 2010s | 15.2% | 12.8% | 18.6% | 10 |
| 2020s | 19.4% | 16.8% | 21.0% | 4 |
Countries ranked near Bahamas
- 131 Hong Kong, China 20.5% compare
- 132 Angola 20.2% compare
- 133 Cambodia 19.9% compare
- 135 Togo 19.8% compare
- 136 Antigua and Barbuda 19.6% compare
- 137 Sierra Leone 19.2% compare
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 government revenues as a share of gdp in Bahamas?
- Government revenues as a share of gdp in Bahamas was 19.9% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Bahamas?
- The highest recorded value was 21.0% in 2020.
- What is the lowest government revenues as a share of gdp recorded in Bahamas?
- The lowest recorded value was 10.0% in 2002.
- How does Bahamas rank for government revenues as a share of gdp?
- Bahamas ranks 134th out of 174 countries with data for 2023.
- Is government revenues as a share of gdp rising or falling in Bahamas?
- Over the last ten years it is up 49.7%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.