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Government spending vs. GDP, per unit of GDP in Bahamas

Bahamas: Government spending vs. GDP, per unit of GDP was 0.1381 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.1381 constant 2015 US$ per US$ of GDP
Change on year
down 2.7%
World rank
67th
of 166 countries
All-time high
0.2917 constant 2015 US$ per US$ of GDP
in 1994
All-time low
0.1082 constant 2015 US$ per US$ of GDP
in 2016
Years of data
36
1989–2024

Government spending vs. GDP, per unit of GDP in Bahamas, 1989–2024

00.10.20.31989200620241989: 0.287 constant 2015 US$ per US$ of GDP1990: 0.271 constant 2015 US$ per US$ of GDP1991: 0.291 constant 2015 US$ per US$ of GDP1992: 0.276 constant 2015 US$ per US$ of GDP1993: 0.27 constant 2015 US$ per US$ of GDP1994: 0.292 constant 2015 US$ per US$ of GDP1995: 0.26 constant 2015 US$ per US$ of GDP1996: 0.264 constant 2015 US$ per US$ of GDP1997: 0.247 constant 2015 US$ per US$ of GDP1998: 0.226 constant 2015 US$ per US$ of GDP1999: 0.201 constant 2015 US$ per US$ of GDP2000: 0.198 constant 2015 US$ per US$ of GDP2001: 0.197 constant 2015 US$ per US$ of GDP2002: 0.182 constant 2015 US$ per US$ of GDP2003: 0.164 constant 2015 US$ per US$ of GDP2004: 0.155 constant 2015 US$ per US$ of GDP2005: 0.148 constant 2015 US$ per US$ of GDP2006: 0.145 constant 2015 US$ per US$ of GDP2007: 0.139 constant 2015 US$ per US$ of GDP2008: 0.15 constant 2015 US$ per US$ of GDP2009: 0.164 constant 2015 US$ per US$ of GDP2010: 0.162 constant 2015 US$ per US$ of GDP2011: 0.174 constant 2015 US$ per US$ of GDP2012: 0.127 constant 2015 US$ per US$ of GDP2013: 0.123 constant 2015 US$ per US$ of GDP2014: 0.109 constant 2015 US$ per US$ of GDP2015: 0.114 constant 2015 US$ per US$ of GDP2016: 0.108 constant 2015 US$ per US$ of GDP2017: 0.121 constant 2015 US$ per US$ of GDP2018: 0.116 constant 2015 US$ per US$ of GDP2019: 0.129 constant 2015 US$ per US$ of GDP2020: 0.215 constant 2015 US$ per US$ of GDP2021: 0.177 constant 2015 US$ per US$ of GDP2022: 0.145 constant 2015 US$ per US$ of GDP2023: 0.142 constant 2015 US$ per US$ of GDP2024: 0.138 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Bahamas recorded 0.1381 constant 2015 US$ per US$ of GDP for government spending vs. gdp, per unit of gdp in 2024.

That represents a change of down 2.7% on the previous year and up 26.3% over ten years.

Over the whole period, government spending vs. gdp, per unit of gdp in Bahamas peaked at 0.2917 constant 2015 US$ per US$ of GDP in 1994 and was at its lowest, 0.1082 constant 2015 US$ per US$ of GDP, in 2016.

Bahamas ranks 67th of 166 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 36 years of available data.

Government spending vs. GDP, per unit of GDP in Bahamas, year by year

Year constant 2015 US$ per US$ of GDP Change
1989 0.2868 constant 2015 US$ per US$ of GDP —
1990 0.2709 constant 2015 US$ per US$ of GDP -5.6%
1991 0.2907 constant 2015 US$ per US$ of GDP +7.3%
1992 0.2759 constant 2015 US$ per US$ of GDP -5.1%
1993 0.2703 constant 2015 US$ per US$ of GDP -2.0%
1994 0.2917 constant 2015 US$ per US$ of GDP +7.9%
1995 0.2605 constant 2015 US$ per US$ of GDP -10.7%
1996 0.2637 constant 2015 US$ per US$ of GDP +1.2%
1997 0.2467 constant 2015 US$ per US$ of GDP -6.4%
1998 0.2257 constant 2015 US$ per US$ of GDP -8.5%
1999 0.2006 constant 2015 US$ per US$ of GDP -11.1%
2000 0.1977 constant 2015 US$ per US$ of GDP -1.5%
2001 0.1974 constant 2015 US$ per US$ of GDP -0.2%
2002 0.1824 constant 2015 US$ per US$ of GDP -7.6%
2003 0.1638 constant 2015 US$ per US$ of GDP -10.2%
2004 0.1554 constant 2015 US$ per US$ of GDP -5.2%
2005 0.1475 constant 2015 US$ per US$ of GDP -5.1%
2006 0.1452 constant 2015 US$ per US$ of GDP -1.6%
2007 0.1388 constant 2015 US$ per US$ of GDP -4.4%
2008 0.1501 constant 2015 US$ per US$ of GDP +8.1%
2009 0.1644 constant 2015 US$ per US$ of GDP +9.5%
2010 0.1621 constant 2015 US$ per US$ of GDP -1.4%
2011 0.1743 constant 2015 US$ per US$ of GDP +7.5%
2012 0.1266 constant 2015 US$ per US$ of GDP -27.3%
2013 0.1228 constant 2015 US$ per US$ of GDP -3.0%
2014 0.1093 constant 2015 US$ per US$ of GDP -11.0%
2015 0.1137 constant 2015 US$ per US$ of GDP +4.0%
2016 0.1082 constant 2015 US$ per US$ of GDP -4.8%
2017 0.1206 constant 2015 US$ per US$ of GDP +11.4%
2018 0.1159 constant 2015 US$ per US$ of GDP -3.9%
2019 0.1293 constant 2015 US$ per US$ of GDP +11.6%
2020 0.2148 constant 2015 US$ per US$ of GDP +66.1%
2021 0.1774 constant 2015 US$ per US$ of GDP -17.4%
2022 0.1455 constant 2015 US$ per US$ of GDP -18.0%
2023 0.1419 constant 2015 US$ per US$ of GDP -2.5%
2024 0.1381 constant 2015 US$ per US$ of GDP -2.7%

Bahamas compared with similar countries

  • Bahamas's 0.1381 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.1423 constant 2015 US$ per US$ of GDP, 97% of the median. (60 countries reporting)
  • Bahamas's 0.1381 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1136 constant 2015 US$ per US$ of GDP, 1.2× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Government spending vs. GDP, per unit of GDP 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.

YearChange FromTo
2020 +66.1% 0.1293 constant 2015 US$ per US$ of GDP 0.2148 constant 2015 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2868 constant 2015 US$ per US$ of GDP 0.2868 constant 2015 US$ per US$ of GDP 0.2868 constant 2015 US$ per US$ of GDP 1
1990s 0.2597 constant 2015 US$ per US$ of GDP 0.2006 constant 2015 US$ per US$ of GDP 0.2917 constant 2015 US$ per US$ of GDP 10
2000s 0.1643 constant 2015 US$ per US$ of GDP 0.1388 constant 2015 US$ per US$ of GDP 0.1977 constant 2015 US$ per US$ of GDP 10
2010s 0.1283 constant 2015 US$ per US$ of GDP 0.1082 constant 2015 US$ per US$ of GDP 0.1743 constant 2015 US$ per US$ of GDP 10
2020s 0.1635 constant 2015 US$ per US$ of GDP 0.1381 constant 2015 US$ per US$ of GDP 0.2148 constant 2015 US$ per US$ of GDP 5

Countries ranked near Bahamas

  1. 64 Luxembourg 0.1398 constant 2015 US$ per US$ of GDP compare
  2. 65 Samoa 0.1391 constant 2015 US$ per US$ of GDP compare
  3. 66 Burkina Faso 0.139 constant 2015 US$ per US$ of GDP compare
  4. 68 Chile 0.1366 constant 2015 US$ per US$ of GDP compare
  5. 69 Colombia 0.1365 constant 2015 US$ per US$ of GDP compare
  6. 70 Laos 0.1365 constant 2015 US$ per US$ of GDP compare

See the full ranking of 166 places →

More economy & growth data for Bahamas

All data for Bahamas →

Frequently asked questions

What is government spending vs. gdp, per unit of gdp in Bahamas?
Government spending vs. gdp, per unit of gdp in Bahamas was 0.1381 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest government spending vs. gdp, per unit of gdp recorded in Bahamas?
The highest recorded value was 0.2917 constant 2015 US$ per US$ of GDP in 1994.
What is the lowest government spending vs. gdp, per unit of gdp recorded in Bahamas?
The lowest recorded value was 0.1082 constant 2015 US$ per US$ of GDP in 2016.
How does Bahamas rank for government spending vs. gdp, per unit of gdp?
Bahamas ranks 67th out of 166 countries with data for 2024.
Is government spending vs. gdp, per unit of gdp rising or falling in Bahamas?
Over the last ten years it is up 26.3%. The long-run trend across the full record is falling.
Where does this Bahamas data come from?
The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.

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Government spending vs. GDP, per unit of GDP in Bahamas. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/government-spending-vs-gdp-per-unit-of-gdp/bahamas-the/

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How this figure is calculated

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Government spending vs. GDP ÷ GDP (current US$)

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
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator
Government spending vs. GDP, per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 7,051 data points, 1960–2025
Last refreshed

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.