Gross Domestic Product, GDP in millions constant 2021 international $ in Bahamas
Bahamas: Gross Domestic Product, GDP in millions constant 2021 international $ was 1.41 units per square kilometre in 2023. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Bahamas, 1991–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Bahamas is 1.41 units per square kilometre, measured in 2023. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 14.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Bahamas peaked at 1.41 units per square kilometre in 2023 and was at its lowest, 0.8402 units per square kilometre, in 1992.
Bahamas ranks 78th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Bahamas, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1991 | 0.8736 units per square kilometre | — |
| 1992 | 0.8402 units per square kilometre | -3.8% |
| 1993 | 0.8427 units per square kilometre | +0.3% |
| 1994 | 0.8693 units per square kilometre | +3.1% |
| 1995 | 0.9073 units per square kilometre | +4.4% |
| 1996 | 0.9457 units per square kilometre | +4.2% |
| 1997 | 0.9578 units per square kilometre | +1.3% |
| 1998 | 1 units per square kilometre | +4.7% |
| 1999 | 1.07 units per square kilometre | +7.1% |
| 2000 | 1.12 units per square kilometre | +4.1% |
| 2001 | 1.15 units per square kilometre | +2.6% |
| 2002 | 1.18 units per square kilometre | +2.7% |
| 2003 | 1.16 units per square kilometre | -1.3% |
| 2004 | 1.18 units per square kilometre | +0.9% |
| 2005 | 1.21 units per square kilometre | +3.4% |
| 2006 | 1.25 units per square kilometre | +2.5% |
| 2007 | 1.26 units per square kilometre | +1.4% |
| 2008 | 1.23 units per square kilometre | -2.3% |
| 2009 | 1.18 units per square kilometre | -4.2% |
| 2010 | 1.2 units per square kilometre | +1.5% |
| 2011 | 1.21 units per square kilometre | +0.6% |
| 2012 | 1.26 units per square kilometre | +4.5% |
| 2013 | 1.23 units per square kilometre | -2.9% |
| 2014 | 1.25 units per square kilometre | +1.8% |
| 2015 | 1.26 units per square kilometre | +1.0% |
| 2016 | 1.25 units per square kilometre | -1.2% |
| 2017 | 1.29 units per square kilometre | +3.4% |
| 2018 | 1.32 units per square kilometre | +2.4% |
| 2019 | 1.31 units per square kilometre | -0.8% |
| 2020 | 1.05 units per square kilometre | -20.1% |
| 2021 | 1.23 units per square kilometre | +17.6% |
| 2022 | 1.36 units per square kilometre | +10.9% |
| 2023 | 1.41 units per square kilometre | +3.0% |
Bahamas compared with similar countries
- Bahamas's 1.41 units per square kilometre is below the median for high income countries, which is 5.14 units per square kilometre, 27% of the median. (62 countries reporting)
- Bahamas's 1.41 units per square kilometre is above the median for Latin America & Caribbean, which is 1.25 units per square kilometre, 1.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9238 units per square kilometre | 0.8402 units per square kilometre | 1.07 units per square kilometre | 9 |
| 2000s | 1.19 units per square kilometre | 1.12 units per square kilometre | 1.26 units per square kilometre | 10 |
| 2010s | 1.26 units per square kilometre | 1.2 units per square kilometre | 1.32 units per square kilometre | 10 |
| 2020s | 1.26 units per square kilometre | 1.05 units per square kilometre | 1.41 units per square kilometre | 4 |
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 in millions constant 2021 international $ in Bahamas?
- Gross domestic product, gdp in millions constant 2021 international $ in Bahamas was 1.41 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Bahamas?
- The highest recorded value was 1.41 units per square kilometre in 2023.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Bahamas?
- The lowest recorded value was 0.8402 units per square kilometre in 1992.
- How does Bahamas rank for gross domestic product, gdp in millions constant 2021 international $?
- Bahamas ranks 78th out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Bahamas?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.