Gross capital formation in Bahamas
Bahamas: Gross capital formation was 19.8% in 2024. ◆ Volatile
Gross capital formation in Bahamas, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Bahamas is 19.8%, measured in 2024.
The figure is up 251.3% on the previous year and up 52.7% over ten years.
Over the whole period, gross capital formation in Bahamas peaked at 35.5% in 1997 and was at its lowest, -29.4%, in 2020.
That places Bahamas 14th out of 168 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Bahamas, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1990 | -3.1% | — |
| 1991 | -4.1% | +30.9% |
| 1992 | -7.7% | +89.3% |
| 1993 | -18.6% | +142.4% |
| 1994 | 16.5% | -188.7% |
| 1995 | 12.3% | -25.4% |
| 1996 | 15.1% | +22.8% |
| 1997 | 35.5% | +135.0% |
| 1998 | 26.5% | -25.3% |
| 1999 | -9.9% | -137.5% |
| 2000 | 19.5% | -295.5% |
| 2001 | -11.5% | -159.0% |
| 2002 | 3.8% | -133.2% |
| 2003 | 5.0% | +31.7% |
| 2004 | -8.0% | -260.1% |
| 2005 | 22.0% | -374.3% |
| 2006 | 19.7% | -10.8% |
| 2007 | -3.2% | -116.2% |
| 2008 | -7.7% | +141.5% |
| 2009 | -13.3% | +73.1% |
| 2010 | -7.5% | -43.6% |
| 2011 | 14.5% | -293.1% |
| 2012 | 27.4% | +89.3% |
| 2013 | -10.6% | -138.8% |
| 2014 | 13.0% | -221.8% |
| 2015 | -18.0% | -239.1% |
| 2016 | 5.3% | -129.4% |
| 2017 | 10.4% | +96.5% |
| 2018 | -6.3% | -160.5% |
| 2019 | 2.0% | -132.3% |
| 2020 | -29.4% | -1544.7% |
| 2021 | 22.4% | -176.1% |
| 2022 | 5.7% | -74.4% |
| 2023 | 5.6% | -1.8% |
| 2024 | 19.8% | +251.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.3% | -18.6% | 35.5% | 10 |
| 2000s | 2.6% | -13.3% | 22.0% | 10 |
| 2010s | 3.0% | -18.0% | 27.4% | 10 |
| 2020s | 4.8% | -29.4% | 22.4% | 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)
- Manufacturing, value added (constant LCU), per capita 91.96 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.07 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.0963 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 3,798 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 2.07 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.0963 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 3,798 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 12.48 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation in Bahamas?
- Gross capital formation in Bahamas was 19.8% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Bahamas?
- The highest recorded value was 35.5% in 1997.
- What is the lowest gross capital formation recorded in Bahamas?
- The lowest recorded value was -29.4% in 2020.
- How does Bahamas rank for gross capital formation?
- Bahamas ranks 14th out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Bahamas?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.