Gross capital formation (current LCU), per unit of GDP (current unit) in Bahamas
Bahamas: Gross capital formation (current LCU), per unit of GDP (current unit) was 0.2681 current LCU per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current LCU), per unit of GDP in Bahamas, 1977–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current lcu), per unit of gdp in Bahamas is 0.2681 current LCU per US$ of GDP, measured in 2024.
That represents a change of up 17.2% on the previous year and down 14.6% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Bahamas peaked at 0.3352 current LCU per US$ of GDP in 2006 and was at its lowest, 0.1134 current LCU per US$ of GDP, in 1978.
That places Bahamas 148th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Gross capital formation (current LCU), per unit of GDP (current unit) in Bahamas, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.1251 current LCU per US$ of GDP | — |
| 1978 | 0.1134 current LCU per US$ of GDP | -9.4% |
| 1979 | 0.1283 current LCU per US$ of GDP | +13.1% |
| 1980 | 0.1829 current LCU per US$ of GDP | +42.6% |
| 1981 | 0.1884 current LCU per US$ of GDP | +3.0% |
| 1982 | 0.2147 current LCU per US$ of GDP | +13.9% |
| 1983 | 0.2033 current LCU per US$ of GDP | -5.3% |
| 1984 | 0.1635 current LCU per US$ of GDP | -19.6% |
| 1985 | 0.1917 current LCU per US$ of GDP | +17.3% |
| 1986 | 0.1842 current LCU per US$ of GDP | -3.9% |
| 1987 | 0.188 current LCU per US$ of GDP | +2.0% |
| 1989 | 0.315 current LCU per US$ of GDP | +67.6% |
| 1990 | 0.2941 current LCU per US$ of GDP | -6.6% |
| 1991 | 0.2936 current LCU per US$ of GDP | -0.2% |
| 1992 | 0.2786 current LCU per US$ of GDP | -5.1% |
| 1993 | 0.2334 current LCU per US$ of GDP | -16.2% |
| 1994 | 0.2586 current LCU per US$ of GDP | +10.8% |
| 1995 | 0.2766 current LCU per US$ of GDP | +6.9% |
| 1996 | 0.3049 current LCU per US$ of GDP | +10.3% |
| 1997 | 0.2908 current LCU per US$ of GDP | -4.6% |
| 1998 | 0.3211 current LCU per US$ of GDP | +10.4% |
| 1999 | 0.2875 current LCU per US$ of GDP | -10.5% |
| 2000 | 0.3019 current LCU per US$ of GDP | +5.0% |
| 2001 | 0.2687 current LCU per US$ of GDP | -11.0% |
| 2002 | 0.2421 current LCU per US$ of GDP | -9.9% |
| 2003 | 0.2427 current LCU per US$ of GDP | +0.3% |
| 2004 | 0.2319 current LCU per US$ of GDP | -4.5% |
| 2005 | 0.2734 current LCU per US$ of GDP | +17.9% |
| 2006 | 0.3352 current LCU per US$ of GDP | +22.6% |
| 2007 | 0.3051 current LCU per US$ of GDP | -9.0% |
| 2008 | 0.2946 current LCU per US$ of GDP | -3.5% |
| 2009 | 0.2805 current LCU per US$ of GDP | -4.8% |
| 2010 | 0.2799 current LCU per US$ of GDP | -0.2% |
| 2011 | 0.3018 current LCU per US$ of GDP | +7.9% |
| 2012 | 0.3134 current LCU per US$ of GDP | +3.8% |
| 2013 | 0.292 current LCU per US$ of GDP | -6.8% |
| 2014 | 0.314 current LCU per US$ of GDP | +7.5% |
| 2015 | 0.2461 current LCU per US$ of GDP | -21.6% |
| 2016 | 0.2578 current LCU per US$ of GDP | +4.8% |
| 2017 | 0.2756 current LCU per US$ of GDP | +6.9% |
| 2018 | 0.2564 current LCU per US$ of GDP | -7.0% |
| 2019 | 0.2538 current LCU per US$ of GDP | -1.0% |
| 2020 | 0.2307 current LCU per US$ of GDP | -9.1% |
| 2021 | 0.2444 current LCU per US$ of GDP | +5.9% |
| 2022 | 0.2382 current LCU per US$ of GDP | -2.6% |
| 2023 | 0.2286 current LCU per US$ of GDP | -4.0% |
| 2024 | 0.2681 current LCU per US$ of GDP | +17.2% |
Bahamas compared with similar countries
- Bahamas's 0.2681 current LCU per US$ of GDP is below the median for high income countries, which is 0.3353 current LCU per US$ of GDP, 80% of the median. (67 countries reporting)
- Bahamas's 0.2681 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.28 current LCU per US$ of GDP, 21% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU), per unit of GDP (current unit) 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 |
|---|---|---|---|
| 1989 | +67.6% | 0.188 current LCU per US$ of GDP | 0.315 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1223 current LCU per US$ of GDP | 0.1134 current LCU per US$ of GDP | 0.1283 current LCU per US$ of GDP | 3 |
| 1980s | 0.2035 current LCU per US$ of GDP | 0.1635 current LCU per US$ of GDP | 0.315 current LCU per US$ of GDP | 9 |
| 1990s | 0.2839 current LCU per US$ of GDP | 0.2334 current LCU per US$ of GDP | 0.3211 current LCU per US$ of GDP | 10 |
| 2000s | 0.2776 current LCU per US$ of GDP | 0.2319 current LCU per US$ of GDP | 0.3352 current LCU per US$ of GDP | 10 |
| 2010s | 0.2791 current LCU per US$ of GDP | 0.2461 current LCU per US$ of GDP | 0.314 current LCU per US$ of GDP | 10 |
| 2020s | 0.242 current LCU per US$ of GDP | 0.2286 current LCU per US$ of GDP | 0.2681 current LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 146 East Timor 0.3011 current LCU per US$ of GDP compare
- 147 Singapore 0.294 current LCU per US$ of GDP compare
- 149 El Salvador 0.2633 current LCU per US$ of GDP compare
- 150 Palestine 0.2559 current LCU per US$ of GDP compare
- 151 Switzerland 0.2451 current 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)
- 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 (current lcu), per unit of gdp in Bahamas?
- Gross capital formation (current lcu), per unit of gdp in Bahamas was 0.2681 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.3352 current LCU per US$ of GDP in 2006.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.1134 current LCU per US$ of GDP in 1978.
- How does Bahamas rank for gross capital formation (current lcu), per unit of gdp?
- Bahamas ranks 148th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
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 (current 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.