Central government revenues as a share of GDP in Bahamas
Bahamas: Central government revenues as a share of GDP was 19.4% in 2024. ▲ Rising
Central government revenues as a share of GDP in Bahamas, 1990–2024
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for central government revenues as a share of gdp in Bahamas is 19.4%, measured in 2024.
Compared with earlier readings it is up 3.7% on the previous year and up 46.9% over ten years.
Over the whole period, central government revenues as a share of gdp in Bahamas peaked at 20.1% in 2020 and was at its lowest, 10.0%, in 2002.
That places Bahamas 108th out of 157 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.
Central government revenues as a share of GDP in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 15.7% | — |
| 1991 | 15.8% | +0.2% |
| 1992 | 17.1% | +8.7% |
| 1993 | 17.2% | +0.2% |
| 1994 | 18.6% | +8.1% |
| 1995 | 19.1% | +3.0% |
| 1996 | 19.0% | -0.8% |
| 1997 | 11.5% | -39.5% |
| 1998 | 11.1% | -3.2% |
| 1999 | 11.3% | +1.6% |
| 2000 | 11.6% | +2.6% |
| 2001 | 11.1% | -4.7% |
| 2002 | 10.0% | -9.6% |
| 2003 | 10.2% | +1.6% |
| 2004 | 10.4% | +2.7% |
| 2005 | 11.2% | +7.6% |
| 2006 | 12.6% | +12.2% |
| 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 | 13.2% | -6.9% |
| 2014 | 13.2% | -0.0% |
| 2015 | 14.6% | +10.8% |
| 2016 | 16.7% | +14.5% |
| 2017 | 16.6% | -0.7% |
| 2018 | 15.9% | -4.3% |
| 2019 | 18.3% | +14.8% |
| 2020 | 20.1% | +10.2% |
| 2021 | 15.9% | -21.3% |
| 2022 | 18.7% | +18.3% |
| 2023 | 18.7% | -0.3% |
| 2024 | 19.4% | +3.7% |
Bahamas compared with similar countries
- Bahamas's 19.4% is below the median for high income countries, which is 33.0%, 59% of the median. (57 countries reporting)
- Bahamas's 19.4% is below the median for Latin America & Caribbean, which is 23.3%, 83% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.6% | 11.1% | 19.1% | 10 |
| 2000s | 11.6% | 10.0% | 13.6% | 10 |
| 2010s | 15.0% | 12.8% | 18.3% | 10 |
| 2020s | 18.6% | 15.9% | 20.1% | 5 |
Countries ranked near Bahamas
- 105 Canada 19.9% compare
- 106 Mexico 19.4% compare
- 107 Saint Lucia 19.4% compare
- 109 Uzbekistan 19.4% compare
- 110 Tajikistan 18.7% compare
- 111 Rwanda 18.7% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is central government revenues as a share of gdp in Bahamas?
- Central government revenues as a share of gdp in Bahamas was 19.4% in 2024, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest central government revenues as a share of gdp recorded in Bahamas?
- The highest recorded value was 20.1% in 2020.
- What is the lowest central government revenues as a share of gdp recorded in Bahamas?
- The lowest recorded value was 10.0% in 2002.
- How does Bahamas rank for central government revenues as a share of gdp?
- Bahamas ranks 108th out of 157 countries with data for 2024.
- Is central government revenues as a share of gdp rising or falling in Bahamas?
- Over the last ten years it is up 46.9%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central 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. Grants excluded.