Gross capital formation (current US$) in Bahamas
Bahamas: Gross capital formation (current US$) was 4.24 billion current US$ in 2024. ◆ Volatile
Gross capital formation in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross capital formation in Bahamas is 4.24 billion current US$, measured in 2024. That is the highest value across all 47 years on record.
The figure is up 21.6% on the previous year and up 21.3% over ten years.
Over the whole period, gross capital formation in Bahamas peaked at 4.24 billion current US$ in 2024 and was at its lowest, 89.20 million current US$, in 1977.
That places Bahamas 136th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$) in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 89.20 million current US$ | — |
| 1978 | 94.40 million current US$ | +5.8% |
| 1979 | 146.20 million current US$ | +54.9% |
| 1980 | 244.20 million current US$ | +67.0% |
| 1981 | 268.80 million current US$ | +10.1% |
| 1982 | 338.80 million current US$ | +26.0% |
| 1983 | 352.30 million current US$ | +4.0% |
| 1984 | 333.70 million current US$ | -5.3% |
| 1985 | 444.90 million current US$ | +33.3% |
| 1986 | 455.50 million current US$ | +2.4% |
| 1987 | 510.10 million current US$ | +12.0% |
| 1989 | 964.52 million current US$ | +89.1% |
| 1990 | 931.27 million current US$ | -3.4% |
| 1991 | 913.34 million current US$ | -1.9% |
| 1992 | 866.21 million current US$ | -5.2% |
| 1993 | 721.66 million current US$ | -16.7% |
| 1994 | 842.80 million current US$ | +16.8% |
| 1995 | 948.29 million current US$ | +12.5% |
| 1996 | 1.10 billion current US$ | +16.1% |
| 1997 | 1.84 billion current US$ | +67.3% |
| 1998 | 2.19 billion current US$ | +19.2% |
| 1999 | 2.21 billion current US$ | +0.7% |
| 2000 | 2.44 billion current US$ | +10.3% |
| 2001 | 2.24 billion current US$ | -8.3% |
| 2002 | 2.15 billion current US$ | -3.8% |
| 2003 | 2.15 billion current US$ | +0.1% |
| 2004 | 2.10 billion current US$ | -2.5% |
| 2005 | 2.69 billion current US$ | +28.0% |
| 2006 | 3.41 billion current US$ | +26.7% |
| 2007 | 3.24 billion current US$ | -4.9% |
| 2008 | 3.10 billion current US$ | -4.3% |
| 2009 | 2.80 billion current US$ | -9.7% |
| 2010 | 2.83 billion current US$ | +0.9% |
| 2011 | 3.04 billion current US$ | +7.6% |
| 2012 | 3.36 billion current US$ | +10.5% |
| 2013 | 3.06 billion current US$ | -9.0% |
| 2014 | 3.50 billion current US$ | +14.4% |
| 2015 | 2.91 billion current US$ | -16.7% |
| 2016 | 3.06 billion current US$ | +5.1% |
| 2017 | 3.43 billion current US$ | +12.0% |
| 2018 | 3.29 billion current US$ | -4.2% |
| 2019 | 3.37 billion current US$ | +2.5% |
| 2020 | 2.39 billion current US$ | -29.1% |
| 2021 | 2.94 billion current US$ | +23.0% |
| 2022 | 3.31 billion current US$ | +12.5% |
| 2023 | 3.49 billion current US$ | +5.5% |
| 2024 | 4.24 billion current US$ | +21.6% |
Bahamas compared with similar countries
- Bahamas's 4.24 billion current US$ is below the median for high income countries, which is 48.39 billion current US$, 9% of the median. (67 countries reporting)
- Bahamas's 4.24 billion current US$ is below the median for Latin America & Caribbean, which is 11.53 billion current US$, 37% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 109.93 million current US$ | 89.20 million current US$ | 146.20 million current US$ | 3 |
| 1980s | 434.76 million current US$ | 244.20 million current US$ | 964.52 million current US$ | 9 |
| 1990s | 1.26 billion current US$ | 721.66 million current US$ | 2.21 billion current US$ | 10 |
| 2000s | 2.63 billion current US$ | 2.10 billion current US$ | 3.41 billion current US$ | 10 |
| 2010s | 3.18 billion current US$ | 2.83 billion current US$ | 3.50 billion current US$ | 10 |
| 2020s | 3.28 billion current US$ | 2.39 billion current US$ | 4.24 billion current US$ | 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)
- 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 4.24 billion current 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 4.24 billion current US$ in 2024.
- What is the lowest gross capital formation recorded in Bahamas?
- The lowest recorded value was 89.20 million current US$ in 1977.
- How does Bahamas rank for gross capital formation?
- Bahamas ranks 136th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Bahamas?
- Over the last ten years it is up 21.3%. 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 (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.