Gross domestic product (GDP), Constant prices, Purchasing power in Bahamas
Bahamas: Gross domestic product (GDP), Constant prices, Purchasing power was 12.75 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Bahamas, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Bahamas stood at 12.75. That is the highest value across all 50 years on record.
That represents a change of up 1.2% on the previous year and up 13.2% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Bahamas peaked at 12.75 in 2019 and was at its lowest, 3.48, in 1975.
Bahamas ranks 152nd of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.65 | — |
| 1971 | 4.73 | +1.6% |
| 1972 | 4.56 | -3.5% |
| 1973 | 4.91 | +7.6% |
| 1974 | 4.08 | -16.8% |
| 1975 | 3.48 | -14.8% |
| 1976 | 3.66 | +5.2% |
| 1977 | 3.99 | +9.2% |
| 1978 | 4.56 | +14.2% |
| 1979 | 5.75 | +26.1% |
| 1980 | 6.13 | +6.5% |
| 1981 | 5.56 | -9.2% |
| 1982 | 5.93 | +6.7% |
| 1983 | 6.15 | +3.6% |
| 1984 | 7.02 | +14.2% |
| 1985 | 7.36 | +4.8% |
| 1986 | 7.49 | +1.8% |
| 1987 | 7.71 | +3.0% |
| 1988 | 7.89 | +2.3% |
| 1989 | 8.42 | +6.7% |
| 1990 | 8.29 | -1.6% |
| 1991 | 7.94 | -4.2% |
| 1992 | 7.64 | -3.8% |
| 1993 | 7.66 | +0.3% |
| 1994 | 7.9 | +3.2% |
| 1995 | 8.25 | +4.4% |
| 1996 | 8.6 | +4.2% |
| 1997 | 9.12 | +6.1% |
| 1998 | 9.55 | +4.7% |
| 1999 | 10.23 | +7.1% |
| 2000 | 10.65 | +4.1% |
| 2001 | 10.93 | +2.6% |
| 2002 | 11.23 | +2.7% |
| 2003 | 11.09 | -1.3% |
| 2004 | 11.19 | +0.9% |
| 2005 | 11.57 | +3.4% |
| 2006 | 11.86 | +2.5% |
| 2007 | 12.03 | +1.4% |
| 2008 | 11.75 | -2.3% |
| 2009 | 11.26 | -4.2% |
| 2010 | 11.43 | +1.5% |
| 2011 | 11.5 | +0.6% |
| 2012 | 11.86 | +3.1% |
| 2013 | 11.54 | -2.7% |
| 2014 | 11.66 | +1.1% |
| 2015 | 11.69 | +0.2% |
| 2016 | 11.86 | +1.4% |
| 2017 | 12.23 | +3.1% |
| 2018 | 12.6 | +3.0% |
| 2019 | 12.75 | +1.2% |
Bahamas compared with similar countries
- Bahamas's 12.75 is below the median for high income countries, which is 268.6, 5% of the median. (65 countries reporting)
- Bahamas's 12.75 is below the median for Latin America & Caribbean, which is 44.46, 29% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power 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 |
|---|---|---|---|
| 1979 | +26.1% | 4.56 | 5.75 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.44 | 3.48 | 5.75 | 10 |
| 1980s | 6.97 | 5.56 | 8.42 | 10 |
| 1990s | 8.52 | 7.64 | 10.23 | 10 |
| 2000s | 11.35 | 10.65 | 12.03 | 10 |
| 2010s | 11.91 | 11.43 | 12.75 | 10 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Bahamas?
- Gross domestic product (gdp), constant prices, purchasing power in Bahamas was 12.75 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Bahamas?
- The highest recorded value was 12.75 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Bahamas?
- The lowest recorded value was 3.48 in 1975.
- How does Bahamas rank for gross domestic product (gdp), constant prices, purchasing power?
- Bahamas ranks 152nd out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Bahamas?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.