Gross capital formation (constant 2015 US$) in Bahamas
Bahamas: Gross capital formation (constant 2015 US$) was 3.74 billion constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross capital formation in Bahamas stood at 3.74 billion constant 2015 US$. That is the highest value across all 36 years on record.
That represents a change of up 19.8% on the previous year and up 5.3% over ten years.
Over the whole period, gross capital formation in Bahamas peaked at 3.74 billion constant 2015 US$ in 2024 and was at its lowest, 934.75 million constant 2015 US$, in 1993.
Bahamas ranks 119th of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gross capital formation (constant 2015 US$) in Bahamas, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1989 | 1.34 billion constant 2015 US$ | — |
| 1990 | 1.30 billion constant 2015 US$ | -3.1% |
| 1991 | 1.24 billion constant 2015 US$ | -4.1% |
| 1992 | 1.15 billion constant 2015 US$ | -7.7% |
| 1993 | 934.75 million constant 2015 US$ | -18.6% |
| 1994 | 1.09 billion constant 2015 US$ | +16.5% |
| 1995 | 1.22 billion constant 2015 US$ | +12.3% |
| 1996 | 1.41 billion constant 2015 US$ | +15.1% |
| 1997 | 1.91 billion constant 2015 US$ | +35.5% |
| 1998 | 2.41 billion constant 2015 US$ | +26.5% |
| 1999 | 2.17 billion constant 2015 US$ | -9.9% |
| 2000 | 2.60 billion constant 2015 US$ | +19.5% |
| 2001 | 2.30 billion constant 2015 US$ | -11.5% |
| 2002 | 2.39 billion constant 2015 US$ | +3.8% |
| 2003 | 2.51 billion constant 2015 US$ | +5.0% |
| 2004 | 2.30 billion constant 2015 US$ | -8.0% |
| 2005 | 2.81 billion constant 2015 US$ | +22.0% |
| 2006 | 3.37 billion constant 2015 US$ | +19.7% |
| 2007 | 3.26 billion constant 2015 US$ | -3.2% |
| 2008 | 3.01 billion constant 2015 US$ | -7.7% |
| 2009 | 2.61 billion constant 2015 US$ | -13.3% |
| 2010 | 2.41 billion constant 2015 US$ | -7.5% |
| 2011 | 2.76 billion constant 2015 US$ | +14.5% |
| 2012 | 3.52 billion constant 2015 US$ | +27.4% |
| 2013 | 3.15 billion constant 2015 US$ | -10.6% |
| 2014 | 3.55 billion constant 2015 US$ | +13.0% |
| 2015 | 2.91 billion constant 2015 US$ | -18.0% |
| 2016 | 3.07 billion constant 2015 US$ | +5.3% |
| 2017 | 3.39 billion constant 2015 US$ | +10.4% |
| 2018 | 3.17 billion constant 2015 US$ | -6.3% |
| 2019 | 3.24 billion constant 2015 US$ | +2.0% |
| 2020 | 2.29 billion constant 2015 US$ | -29.4% |
| 2021 | 2.80 billion constant 2015 US$ | +22.4% |
| 2022 | 2.96 billion constant 2015 US$ | +5.7% |
| 2023 | 3.12 billion constant 2015 US$ | +5.6% |
| 2024 | 3.74 billion constant 2015 US$ | +19.8% |
Bahamas compared with similar countries
- Bahamas's 3.74 billion constant 2015 US$ is below the median for high income countries, which is 50.23 billion constant 2015 US$, 7% of the median. (58 countries reporting)
- Bahamas's 3.74 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 13.50 billion constant 2015 US$, 28% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.34 billion constant 2015 US$ | 1.34 billion constant 2015 US$ | 1.34 billion constant 2015 US$ | 1 |
| 1990s | 1.48 billion constant 2015 US$ | 934.75 million constant 2015 US$ | 2.41 billion constant 2015 US$ | 10 |
| 2000s | 2.71 billion constant 2015 US$ | 2.30 billion constant 2015 US$ | 3.37 billion constant 2015 US$ | 10 |
| 2010s | 3.12 billion constant 2015 US$ | 2.41 billion constant 2015 US$ | 3.55 billion constant 2015 US$ | 10 |
| 2020s | 2.98 billion constant 2015 US$ | 2.29 billion constant 2015 US$ | 3.74 billion constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 116 Zimbabwe 4.02 billion constant 2015 US$ compare
- 117 Congo 3.93 billion constant 2015 US$ compare
- 118 Togo 3.90 billion constant 2015 US$ compare
- 120 Malta 3.70 billion constant 2015 US$ compare
- 121 Brunei 3.70 billion constant 2015 US$ compare
- 122 North Macedonia 3.67 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Bahamas?
- Gross capital formation in Bahamas was 3.74 billion constant 2015 US$ 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 3.74 billion constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in Bahamas?
- The lowest recorded value was 934.75 million constant 2015 US$ in 1993.
- How does Bahamas rank for gross capital formation?
- Bahamas ranks 119th out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Bahamas?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.