Gross domestic income in Bahamas
Bahamas: Gross domestic income was 13.81 billion constant LCU in 2024. ▲ Rising
Gross domestic income in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross domestic income in Bahamas stood at 13.81 billion constant LCU. That is the highest value across all 36 years on record.
That represents a change of up 3.0% on the previous year and up 18.2% over ten years.
Over the whole period, gross domestic income in Bahamas peaked at 13.81 billion constant LCU in 2024 and was at its lowest, 7.47 billion constant LCU, in 1993.
Bahamas ranks 158th of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic income in Bahamas, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1989 | 8.31 billion constant LCU | — |
| 1990 | 8.22 billion constant LCU | -1.1% |
| 1991 | 7.84 billion constant LCU | -4.6% |
| 1992 | 7.51 billion constant LCU | -4.1% |
| 1993 | 7.47 billion constant LCU | -0.5% |
| 1994 | 7.78 billion constant LCU | +4.1% |
| 1995 | 8.02 billion constant LCU | +3.1% |
| 1996 | 8.32 billion constant LCU | +3.7% |
| 1997 | 9.95 billion constant LCU | +19.5% |
| 1998 | 10.59 billion constant LCU | +6.5% |
| 1999 | 11.72 billion constant LCU | +10.7% |
| 2000 | 12.18 billion constant LCU | +3.9% |
| 2001 | 12.08 billion constant LCU | -0.9% |
| 2002 | 12.95 billion constant LCU | +7.2% |
| 2003 | 12.62 billion constant LCU | -2.5% |
| 2004 | 12.53 billion constant LCU | -0.7% |
| 2005 | 13.10 billion constant LCU | +4.5% |
| 2006 | 13.17 billion constant LCU | +0.5% |
| 2007 | 13.53 billion constant LCU | +2.8% |
| 2008 | 13.00 billion constant LCU | -3.9% |
| 2009 | 12.05 billion constant LCU | -7.3% |
| 2010 | 12.14 billion constant LCU | +0.8% |
| 2011 | 12.00 billion constant LCU | -1.2% |
| 2012 | 11.22 billion constant LCU | -6.5% |
| 2013 | 11.05 billion constant LCU | -1.5% |
| 2014 | 11.68 billion constant LCU | +5.7% |
| 2015 | 12.32 billion constant LCU | +5.5% |
| 2016 | 12.35 billion constant LCU | +0.3% |
| 2017 | 12.68 billion constant LCU | +2.6% |
| 2018 | 12.82 billion constant LCU | +1.1% |
| 2019 | 12.83 billion constant LCU | +0.1% |
| 2020 | 10.20 billion constant LCU | -20.5% |
| 2021 | 11.76 billion constant LCU | +15.3% |
| 2022 | 12.57 billion constant LCU | +6.9% |
| 2023 | 13.41 billion constant LCU | +6.7% |
| 2024 | 13.81 billion constant LCU | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.31 billion constant LCU | 8.31 billion constant LCU | 8.31 billion constant LCU | 1 |
| 1990s | 8.74 billion constant LCU | 7.47 billion constant LCU | 11.72 billion constant LCU | 10 |
| 2000s | 12.72 billion constant LCU | 12.05 billion constant LCU | 13.53 billion constant LCU | 10 |
| 2010s | 12.11 billion constant LCU | 11.05 billion constant LCU | 12.83 billion constant LCU | 10 |
| 2020s | 12.35 billion constant LCU | 10.20 billion constant LCU | 13.81 billion constant LCU | 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)
- Industry (including construction), value added (constant 2015 US$) 12.48 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.079 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 3,117 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 12.48 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0939 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 3,705 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7719 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic income in Bahamas?
- Gross domestic income in Bahamas was 13.81 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Bahamas?
- The highest recorded value was 13.81 billion constant LCU in 2024.
- What is the lowest gross domestic income recorded in Bahamas?
- The lowest recorded value was 7.47 billion constant LCU in 1993.
- How does Bahamas rank for gross domestic income?
- Bahamas ranks 158th out of 178 countries with data for 2024.
- Is gross domestic income rising or falling in Bahamas?
- Over the last ten years it is up 18.2%. 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 domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.