Gross capital formation in Bahamas
Bahamas: Gross capital formation was 26.8% in 2024. ▲ Rising
Gross capital formation in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Bahamas recorded 26.8% for gross capital formation in 2024.
The figure is up 17.2% on the previous year and down 14.6% over ten years.
Over the whole period, gross capital formation in Bahamas peaked at 33.5% in 2006 and was at its lowest, 11.3%, in 1978.
That places Bahamas 58th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Gross capital formation in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 12.5% | — |
| 1978 | 11.3% | -9.4% |
| 1979 | 12.8% | +13.1% |
| 1980 | 18.3% | +42.6% |
| 1981 | 18.8% | +3.0% |
| 1982 | 21.5% | +13.9% |
| 1983 | 20.3% | -5.3% |
| 1984 | 16.3% | -19.6% |
| 1985 | 19.2% | +17.3% |
| 1986 | 18.4% | -3.9% |
| 1987 | 18.8% | +2.0% |
| 1989 | 31.5% | +67.6% |
| 1990 | 29.4% | -6.6% |
| 1991 | 29.4% | -0.2% |
| 1992 | 27.9% | -5.1% |
| 1993 | 23.3% | -16.2% |
| 1994 | 25.9% | +10.8% |
| 1995 | 27.7% | +6.9% |
| 1996 | 30.5% | +10.3% |
| 1997 | 29.1% | -4.6% |
| 1998 | 32.1% | +10.4% |
| 1999 | 28.8% | -10.5% |
| 2000 | 30.2% | +5.0% |
| 2001 | 26.9% | -11.0% |
| 2002 | 24.2% | -9.9% |
| 2003 | 24.3% | +0.3% |
| 2004 | 23.2% | -4.5% |
| 2005 | 27.3% | +17.9% |
| 2006 | 33.5% | +22.6% |
| 2007 | 30.5% | -9.0% |
| 2008 | 29.5% | -3.5% |
| 2009 | 28.1% | -4.8% |
| 2010 | 28.0% | -0.2% |
| 2011 | 30.2% | +7.9% |
| 2012 | 31.3% | +3.8% |
| 2013 | 29.2% | -6.8% |
| 2014 | 31.4% | +7.5% |
| 2015 | 24.6% | -21.6% |
| 2016 | 25.8% | +4.8% |
| 2017 | 27.6% | +6.9% |
| 2018 | 25.6% | -7.0% |
| 2019 | 25.4% | -1.0% |
| 2020 | 23.1% | -9.1% |
| 2021 | 24.4% | +5.9% |
| 2022 | 23.8% | -2.6% |
| 2023 | 22.9% | -4.0% |
| 2024 | 26.8% | +17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.2% | 11.3% | 12.8% | 3 |
| 1980s | 20.4% | 16.3% | 31.5% | 9 |
| 1990s | 28.4% | 23.3% | 32.1% | 10 |
| 2000s | 27.8% | 23.2% | 33.5% | 10 |
| 2010s | 27.9% | 24.6% | 31.4% | 10 |
| 2020s | 24.2% | 22.9% | 26.8% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.15 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.643 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 25,369 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.23 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5311 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,956 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.63 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7721 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Bahamas?
- Gross capital formation in Bahamas was 26.8% 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 33.5% in 2006.
- What is the lowest gross capital formation recorded in Bahamas?
- The lowest recorded value was 11.3% in 1978.
- How does Bahamas rank for gross capital formation?
- Bahamas ranks 58th out of 187 countries with data for 2024.
- Is gross capital formation 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.