Government spending vs. GDP, annual growth rate in Bahamas
Bahamas: Government spending vs. GDP, annual growth rate was 0.8679 % change on previous year in 2024. ◆ Volatile
Government spending vs. GDP, annual growth rate in Bahamas, 1990–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for government spending vs. gdp, annual growth rate in Bahamas is 0.8679 % change on previous year, measured in 2024.
The figure is down 87.9% on the previous year and up 116.2% over ten years.
Over the whole period, government spending vs. gdp, annual growth rate in Bahamas peaked at 64.15 % change on previous year in 1997 and was at its lowest, -22.64 % change on previous year, in 2012.
Bahamas ranks 120th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP, annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1990 | -2.35 % change on previous year | — |
| 1991 | 5.47 % change on previous year | -332.6% |
| 1992 | -5.18 % change on previous year | -194.6% |
| 1993 | -2.56 % change on previous year | -50.6% |
| 1994 | 13.77 % change on previous year | -638.2% |
| 1995 | -6.06 % change on previous year | -144.0% |
| 1996 | 6.54 % change on previous year | -207.9% |
| 1997 | 64.15 % change on previous year | +881.0% |
| 1998 | -1.28 % change on previous year | -102.0% |
| 1999 | -0.0285 % change on previous year | -97.8% |
| 2000 | 3.58 % change on previous year | -12630.8% |
| 2001 | 2.81 % change on previous year | -21.3% |
| 2002 | -1.3 % change on previous year | -146.3% |
| 2003 | -10.31 % change on previous year | +690.8% |
| 2004 | -3.19 % change on previous year | -69.1% |
| 2005 | 3.13 % change on previous year | -198.3% |
| 2006 | 1.75 % change on previous year | -44.2% |
| 2007 | -0.168 % change on previous year | -109.6% |
| 2008 | 7.2 % change on previous year | -4386.6% |
| 2009 | 3.89 % change on previous year | -46.0% |
| 2010 | -0.293 % change on previous year | -107.5% |
| 2011 | 7.24 % change on previous year | -2571.3% |
| 2012 | -22.64 % change on previous year | -412.6% |
| 2013 | -5.24 % change on previous year | -76.9% |
| 2014 | -5.35 % change on previous year | +2.0% |
| 2015 | 10.5 % change on previous year | -296.4% |
| 2016 | -4.45 % change on previous year | -142.4% |
| 2017 | 16.71 % change on previous year | -475.0% |
| 2018 | -0.987 % change on previous year | -105.9% |
| 2019 | 15.58 % change on previous year | -1679.1% |
| 2020 | 29.61 % change on previous year | +90.0% |
| 2021 | -4.08 % change on previous year | -113.8% |
| 2022 | -5.3 % change on previous year | +30.0% |
| 2023 | 7.19 % change on previous year | -235.6% |
| 2024 | 0.8679 % change on previous year | -87.9% |
Bahamas compared with similar countries
- Bahamas's 0.8679 % change on previous year is below the median for high income countries, which is 1.7 % change on previous year, 51% of the median. (60 countries reporting)
- Bahamas's 0.8679 % change on previous year is below the median for Latin America & Caribbean, which is 1.42 % change on previous year, 61% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Government spending vs. GDP, annual growth rate in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +12630.8% | -0.0285 % change on previous year | 3.58 % change on previous year |
| 2008 | +4386.6% | -0.168 % change on previous year | 7.2 % change on previous year |
| 2011 | +2571.3% | -0.293 % change on previous year | 7.24 % change on previous year |
| 2019 | +1679.1% | -0.987 % change on previous year | 15.58 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.25 % change on previous year | -6.06 % change on previous year | 64.15 % change on previous year | 10 |
| 2000s | 0.7388 % change on previous year | -10.31 % change on previous year | 7.2 % change on previous year | 10 |
| 2010s | 1.11 % change on previous year | -22.64 % change on previous year | 16.71 % change on previous year | 10 |
| 2020s | 5.66 % change on previous year | -5.3 % change on previous year | 29.61 % change on previous year | 5 |
Countries ranked near Bahamas
- 117 Lithuania 1.02 % change on previous year compare
- 118 Kazakhstan 0.9999 % change on previous year compare
- 119 Switzerland 0.9517 % change on previous year compare
- 121 East Timor 0.8595 % change on previous year compare
- 122 Turkey 0.83 % change on previous year compare
- 123 Sweden 0.7404 % change on previous year 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 government spending vs. gdp, annual growth rate in Bahamas?
- Government spending vs. gdp, annual growth rate in Bahamas was 0.8679 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, annual growth rate recorded in Bahamas?
- The highest recorded value was 64.15 % change on previous year in 1997.
- What is the lowest government spending vs. gdp, annual growth rate recorded in Bahamas?
- The lowest recorded value was -22.64 % change on previous year in 2012.
- How does Bahamas rank for government spending vs. gdp, annual growth rate?
- Bahamas ranks 120th out of 166 countries with data for 2024.
- Is government spending vs. gdp, annual growth rate rising or falling in Bahamas?
- Over the last ten years it is up 116.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.