Gross domestic product (GDP), per unit of GDP in Bahamas
Bahamas: Gross domestic product (GDP), per unit of GDP was 0.8996 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.8996 international-$ in 2021 prices per US$ of GDP
Change on year
down 7.8%
World rank
173rd
of 180 countries
All-time high
9.65 international-$ in 2021 prices per US$ of GDP
in 1970
All-time low
0.8927 international-$ in 2021 prices per US$ of GDP
in 2021
Years of data
54
1970–2023
Gross domestic product (GDP), per unit of GDP in Bahamas, 1970–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
In 2023, gross domestic product (gdp), per unit of gdp in Bahamas stood at 0.8996 international-$ in 2021 prices per US$ of GDP.
The figure is down 7.8% on the previous year and down 22.5% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Bahamas peaked at 9.65 international-$ in 2021 prices per US$ of GDP in 1970 and was at its lowest, 0.8927 international-$ in 2021 prices per US$ of GDP, in 2021.
That places Bahamas 173rd out of 180 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Bahamas, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1970 | 9.65 international-$ in 2021 prices per US$ of GDP | — |
| 1971 | 9.36 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 1972 | 8.6 international-$ in 2021 prices per US$ of GDP | -8.1% |
| 1973 | 8.18 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 1974 | 7.67 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 1975 | 6.19 international-$ in 2021 prices per US$ of GDP | -19.2% |
| 1976 | 6.37 international-$ in 2021 prices per US$ of GDP | +2.8% |
| 1977 | 6.09 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 1978 | 6.11 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 1979 | 4.72 international-$ in 2021 prices per US$ of GDP | -22.8% |
| 1980 | 4.97 international-$ in 2021 prices per US$ of GDP | +5.3% |
| 1981 | 3.92 international-$ in 2021 prices per US$ of GDP | -21.2% |
| 1982 | 3.75 international-$ in 2021 prices per US$ of GDP | -4.2% |
| 1983 | 3.74 international-$ in 2021 prices per US$ of GDP | -0.2% |
| 1984 | 3.84 international-$ in 2021 prices per US$ of GDP | +2.6% |
| 1985 | 3.5 international-$ in 2021 prices per US$ of GDP | -9.0% |
| 1986 | 3.22 international-$ in 2021 prices per US$ of GDP | -7.8% |
| 1987 | 3.26 international-$ in 2021 prices per US$ of GDP | +1.3% |
| 1988 | 3.06 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 1989 | 3.01 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 1990 | 2.63 international-$ in 2021 prices per US$ of GDP | -12.5% |
| 1991 | 2.54 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 1992 | 2.61 international-$ in 2021 prices per US$ of GDP | +3.0% |
| 1993 | 2.57 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 1994 | 2.37 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 1995 | 2.21 international-$ in 2021 prices per US$ of GDP | -6.8% |
| 1996 | 2.55 international-$ in 2021 prices per US$ of GDP | +15.5% |
| 1997 | 1.43 international-$ in 2021 prices per US$ of GDP | -43.8% |
| 1998 | 1.41 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 1999 | 1.41 international-$ in 2021 prices per US$ of GDP | -0.0% |
| 2000 | 1.45 international-$ in 2021 prices per US$ of GDP | +2.6% |
| 2001 | 1.35 international-$ in 2021 prices per US$ of GDP | -6.8% |
| 2002 | 1.51 international-$ in 2021 prices per US$ of GDP | +12.1% |
| 2003 | 1.47 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 2004 | 1.38 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 2005 | 1.43 international-$ in 2021 prices per US$ of GDP | +3.2% |
| 2006 | 1.27 international-$ in 2021 prices per US$ of GDP | -10.9% |
| 2007 | 1.34 international-$ in 2021 prices per US$ of GDP | +5.0% |
| 2008 | 1.27 international-$ in 2021 prices per US$ of GDP | -4.6% |
| 2009 | 1.35 international-$ in 2021 prices per US$ of GDP | +5.9% |
| 2010 | 1.29 international-$ in 2021 prices per US$ of GDP | -4.6% |
| 2011 | 1.34 international-$ in 2021 prices per US$ of GDP | +4.5% |
| 2012 | 1.34 international-$ in 2021 prices per US$ of GDP | +0.1% |
| 2013 | 1.16 international-$ in 2021 prices per US$ of GDP | -13.7% |
| 2014 | 1.23 international-$ in 2021 prices per US$ of GDP | +5.7% |
| 2015 | 1.07 international-$ in 2021 prices per US$ of GDP | -12.6% |
| 2016 | 1.04 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 2017 | 1.03 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 2018 | 0.9862 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2019 | 0.983 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 2020 | 0.9442 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 2021 | 0.8927 international-$ in 2021 prices per US$ of GDP | -5.5% |
| 2022 | 0.9752 international-$ in 2021 prices per US$ of GDP | +9.2% |
| 2023 | 0.8996 international-$ in 2021 prices per US$ of GDP | -7.8% |
Bahamas compared with similar countries
- Bahamas's 0.8996 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 73% of the median. (65 countries reporting)
- Bahamas's 0.8996 international-$ in 2021 prices per US$ of GDP is below the median for Latin America & Caribbean, which is 1.7 international-$ in 2021 prices per US$ of GDP, 53% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 |
|---|---|---|---|
| 1997 | -43.8% | 2.55 international-$ in 2021 prices per US$ of GDP | 1.43 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.29 international-$ in 2021 prices per US$ of GDP | 4.72 international-$ in 2021 prices per US$ of GDP | 9.65 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 3.63 international-$ in 2021 prices per US$ of GDP | 3.01 international-$ in 2021 prices per US$ of GDP | 4.97 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 2.17 international-$ in 2021 prices per US$ of GDP | 1.41 international-$ in 2021 prices per US$ of GDP | 2.63 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.38 international-$ in 2021 prices per US$ of GDP | 1.27 international-$ in 2021 prices per US$ of GDP | 1.51 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.15 international-$ in 2021 prices per US$ of GDP | 0.983 international-$ in 2021 prices per US$ of GDP | 1.34 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 0.9279 international-$ in 2021 prices per US$ of GDP | 0.8927 international-$ in 2021 prices per US$ of GDP | 0.9752 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Bahamas
- 170 Cyprus 0.9319 international-$ in 2021 prices per US$ of GDP compare
- 171 Cayman Islands 0.9289 international-$ in 2021 prices per US$ of GDP compare
- 172 United States 0.9002 international-$ in 2021 prices per US$ of GDP compare
- 174 Switzerland 0.8595 international-$ in 2021 prices per US$ of GDP compare
- 175 Israel 0.7956 international-$ in 2021 prices per US$ of GDP compare
- 176 Iceland 0.7726 international-$ in 2021 prices per US$ of GDP compare
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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Bahamas?
- Gross domestic product (gdp), per unit of gdp in Bahamas was 0.8996 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Bahamas?
- The highest recorded value was 9.65 international-$ in 2021 prices per US$ of GDP in 1970.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.8927 international-$ in 2021 prices per US$ of GDP in 2021.
- How does Bahamas rank for gross domestic product (gdp), per unit of gdp?
- Bahamas ranks 173rd out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.