Gross capital formation (constant LCU), per unit of GDP in Bahamas
Bahamas: Gross capital formation (constant LCU), per unit of GDP was 0.2448 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross capital formation (constant LCU), per unit of GDP in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (constant lcu), per unit of gdp in Bahamas is 0.2448 constant LCU per US$ of GDP, measured in 2024.
That represents a change of up 15.5% on the previous year and down 25.9% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Bahamas peaked at 0.4523 constant LCU per US$ of GDP in 1989 and was at its lowest, 0.2119 constant LCU per US$ of GDP, in 2023.
Bahamas ranks 122nd of 170 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.
Gross capital formation (constant LCU), per unit of GDP in Bahamas, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1989 | 0.4523 constant LCU per US$ of GDP | — |
| 1990 | 0.4239 constant LCU per US$ of GDP | -6.3% |
| 1991 | 0.4139 constant LCU per US$ of GDP | -2.4% |
| 1992 | 0.3824 constant LCU per US$ of GDP | -7.6% |
| 1993 | 0.3131 constant LCU per US$ of GDP | -18.1% |
| 1994 | 0.346 constant LCU per US$ of GDP | +10.5% |
| 1995 | 0.3693 constant LCU per US$ of GDP | +6.7% |
| 1996 | 0.4039 constant LCU per US$ of GDP | +9.4% |
| 1997 | 0.3119 constant LCU per US$ of GDP | -22.8% |
| 1998 | 0.3658 constant LCU per US$ of GDP | +17.3% |
| 1999 | 0.2929 constant LCU per US$ of GDP | -19.9% |
| 2000 | 0.3329 constant LCU per US$ of GDP | +13.6% |
| 2001 | 0.2861 constant LCU per US$ of GDP | -14.1% |
| 2002 | 0.2782 constant LCU per US$ of GDP | -2.8% |
| 2003 | 0.2925 constant LCU per US$ of GDP | +5.2% |
| 2004 | 0.2635 constant LCU per US$ of GDP | -9.9% |
| 2005 | 0.2961 constant LCU per US$ of GDP | +12.4% |
| 2006 | 0.3428 constant LCU per US$ of GDP | +15.8% |
| 2007 | 0.3178 constant LCU per US$ of GDP | -7.3% |
| 2008 | 0.296 constant LCU per US$ of GDP | -6.9% |
| 2009 | 0.2707 constant LCU per US$ of GDP | -8.6% |
| 2010 | 0.2475 constant LCU per US$ of GDP | -8.5% |
| 2011 | 0.2841 constant LCU per US$ of GDP | +14.8% |
| 2012 | 0.3401 constant LCU per US$ of GDP | +19.7% |
| 2013 | 0.311 constant LCU per US$ of GDP | -8.5% |
| 2014 | 0.3303 constant LCU per US$ of GDP | +6.2% |
| 2015 | 0.2549 constant LCU per US$ of GDP | -22.9% |
| 2016 | 0.2674 constant LCU per US$ of GDP | +4.9% |
| 2017 | 0.2818 constant LCU per US$ of GDP | +5.4% |
| 2018 | 0.2564 constant LCU per US$ of GDP | -9.0% |
| 2019 | 0.2526 constant LCU per US$ of GDP | -1.5% |
| 2020 | 0.2284 constant LCU per US$ of GDP | -9.6% |
| 2021 | 0.2407 constant LCU per US$ of GDP | +5.4% |
| 2022 | 0.2204 constant LCU per US$ of GDP | -8.4% |
| 2023 | 0.2119 constant LCU per US$ of GDP | -3.9% |
| 2024 | 0.2448 constant LCU per US$ of GDP | +15.5% |
Bahamas compared with similar countries
- Bahamas's 0.2448 constant LCU per US$ of GDP is above the median for high income countries, which is 0.2109 constant LCU per US$ of GDP, 1.2× the median. (58 countries reporting)
- Bahamas's 0.2448 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.8673 constant LCU per US$ of GDP, 28% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4523 constant LCU per US$ of GDP | 0.4523 constant LCU per US$ of GDP | 0.4523 constant LCU per US$ of GDP | 1 |
| 1990s | 0.3623 constant LCU per US$ of GDP | 0.2929 constant LCU per US$ of GDP | 0.4239 constant LCU per US$ of GDP | 10 |
| 2000s | 0.2977 constant LCU per US$ of GDP | 0.2635 constant LCU per US$ of GDP | 0.3428 constant LCU per US$ of GDP | 10 |
| 2010s | 0.2826 constant LCU per US$ of GDP | 0.2475 constant LCU per US$ of GDP | 0.3401 constant LCU per US$ of GDP | 10 |
| 2020s | 0.2292 constant LCU per US$ of GDP | 0.2119 constant LCU per US$ of GDP | 0.2448 constant LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 119 East Timor 0.2915 constant LCU per US$ of GDP compare
- 120 Palau 0.275 constant LCU per US$ of GDP compare
- 121 Canada 0.2497 constant LCU per US$ of GDP compare
- 123 Singapore 0.2415 constant LCU per US$ of GDP compare
- 124 Switzerland 0.2372 constant LCU per US$ of GDP compare
- 125 El Salvador 0.2352 constant LCU per US$ of GDP 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Bahamas?
- Gross capital formation (constant lcu), per unit of gdp in Bahamas was 0.2448 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.4523 constant LCU per US$ of GDP in 1989.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.2119 constant LCU per US$ of GDP in 2023.
- How does Bahamas rank for gross capital formation (constant lcu), per unit of gdp?
- Bahamas ranks 122nd out of 170 countries with data for 2024.
- Is gross capital formation (constant lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 25.9%. 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 Gross capital formation (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- 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
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.