Gross capital formation in Bahamas, The
Bahamas, The: Gross capital formation was 4.24 billion current LCU in 2024. β Volatile
Gross capital formation in Bahamas, The, 1977β2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross capital formation in Bahamas, The stood at 4.24 billion current LCU. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 21.6% on the previous year and up 21.3% over ten years.
Over the whole period, gross capital formation in Bahamas, The peaked at 4.24 billion current LCU in 2024 and was at its lowest, 89.20 million current LCU, in 1977.
That places Bahamas, The 164th out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 109.93 million current LCU | 89.20 million current LCU | 146.20 million current LCU | 3 |
| 1980s | 434.76 million current LCU | 244.20 million current LCU | 964.52 million current LCU | 9 |
| 1990s | 1.26 billion current LCU | 721.66 million current LCU | 2.21 billion current LCU | 10 |
| 2000s | 2.63 billion current LCU | 2.10 billion current LCU | 3.41 billion current LCU | 10 |
| 2010s | 3.18 billion current LCU | 2.83 billion current LCU | 3.50 billion current LCU | 10 |
| 2020s | 3.28 billion current LCU | 2.39 billion current LCU | 4.24 billion current LCU | 5 |
Countries ranked near Bahamas, The
More economy & growth data for Bahamas, The
- Gdp worldbank constant usd, annual growth rate 3.38 % change on previous year (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8609 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 33,968 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- External balance on goods and services as a percent of gdp -3.68 (2024)
- Inflation of consumer prices 0.4092 (2024)
- Gdp per capita worldbank constant usd 33,968 (2024)
- Manufacturing value added to gdp 0.6297 (2024)
- Gdp worldbank constant usd 13.63 billion (2024)
Frequently asked questions
- What is gross capital formation in Bahamas, The?
- Gross capital formation in Bahamas, The was 4.24 billion current LCU 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?
- The highest recorded value was 4.24 billion current LCU in 2024.
- What is the lowest gross capital formation recorded in Bahamas, The?
- The lowest recorded value was 89.20 million current LCU in 1977.
- How does Bahamas, The rank for gross capital formation?
- Bahamas, The ranks 164th out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Bahamas, The?
- Over the last ten years it is up 21.3%. The long-run trend across the full record is volatile.
- Where does this Bahamas, The data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 47 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.