Gross Domestic Product — Value Standard Local Currency, 2015 prices in Bahamas
Bahamas: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.24 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Bahamas, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Bahamas recorded 1.24 million SLC per square kilometre for gross domestic product — value standard local currency, 2015 prices in 2023. That is the highest value across all 54 years on record.
That represents a change of up 2.6% on the previous year and up 9.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Bahamas peaked at 1.24 million SLC per square kilometre in 2023 and was at its lowest, 0.3427 million SLC per square kilometre, in 1975.
That places Bahamas 144th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Bahamas, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.458 million SLC per square kilometre | — |
| 1971 | 0.4655 million SLC per square kilometre | +1.6% |
| 1972 | 0.4492 million SLC per square kilometre | -3.5% |
| 1973 | 0.4832 million SLC per square kilometre | +7.6% |
| 1974 | 0.4022 million SLC per square kilometre | -16.8% |
| 1975 | 0.3427 million SLC per square kilometre | -14.8% |
| 1976 | 0.3605 million SLC per square kilometre | +5.2% |
| 1977 | 0.3935 million SLC per square kilometre | +9.2% |
| 1978 | 0.4493 million SLC per square kilometre | +14.2% |
| 1979 | 0.5667 million SLC per square kilometre | +26.1% |
| 1980 | 0.6035 million SLC per square kilometre | +6.5% |
| 1981 | 0.5478 million SLC per square kilometre | -9.2% |
| 1982 | 0.5845 million SLC per square kilometre | +6.7% |
| 1983 | 0.6056 million SLC per square kilometre | +3.6% |
| 1984 | 0.6914 million SLC per square kilometre | +14.2% |
| 1985 | 0.7248 million SLC per square kilometre | +4.8% |
| 1986 | 0.7378 million SLC per square kilometre | +1.8% |
| 1987 | 0.7598 million SLC per square kilometre | +3.0% |
| 1988 | 0.7773 million SLC per square kilometre | +2.3% |
| 1989 | 0.8296 million SLC per square kilometre | +6.7% |
| 1990 | 0.8164 million SLC per square kilometre | -1.6% |
| 1991 | 0.7823 million SLC per square kilometre | -4.2% |
| 1992 | 0.7523 million SLC per square kilometre | -3.8% |
| 1993 | 0.7546 million SLC per square kilometre | +0.3% |
| 1994 | 0.7784 million SLC per square kilometre | +3.2% |
| 1995 | 0.8125 million SLC per square kilometre | +4.4% |
| 1996 | 0.8468 million SLC per square kilometre | +4.2% |
| 1997 | 0.8982 million SLC per square kilometre | +6.1% |
| 1998 | 0.9406 million SLC per square kilometre | +4.7% |
| 1999 | 1.01 million SLC per square kilometre | +7.1% |
| 2000 | 1.05 million SLC per square kilometre | +4.1% |
| 2001 | 1.08 million SLC per square kilometre | +2.6% |
| 2002 | 1.11 million SLC per square kilometre | +2.7% |
| 2003 | 1.09 million SLC per square kilometre | -1.3% |
| 2004 | 1.1 million SLC per square kilometre | +0.9% |
| 2005 | 1.14 million SLC per square kilometre | +3.4% |
| 2006 | 1.17 million SLC per square kilometre | +2.5% |
| 2007 | 1.18 million SLC per square kilometre | +1.4% |
| 2008 | 1.16 million SLC per square kilometre | -2.3% |
| 2009 | 1.11 million SLC per square kilometre | -4.2% |
| 2010 | 1.13 million SLC per square kilometre | +1.5% |
| 2011 | 1.13 million SLC per square kilometre | +0.6% |
| 2012 | 1.17 million SLC per square kilometre | +3.0% |
| 2013 | 1.13 million SLC per square kilometre | -2.9% |
| 2014 | 1.15 million SLC per square kilometre | +1.8% |
| 2015 | 1.17 million SLC per square kilometre | +1.0% |
| 2016 | 1.15 million SLC per square kilometre | -1.0% |
| 2017 | 1.19 million SLC per square kilometre | +2.8% |
| 2018 | 1.22 million SLC per square kilometre | +2.6% |
| 2019 | 1.2 million SLC per square kilometre | -1.4% |
| 2020 | 0.9443 million SLC per square kilometre | -21.4% |
| 2021 | 1.09 million SLC per square kilometre | +15.4% |
| 2022 | 1.21 million SLC per square kilometre | +10.8% |
| 2023 | 1.24 million SLC per square kilometre | +2.6% |
Bahamas compared with similar countries
- Bahamas's 1.24 million SLC per square kilometre is below the median for high income countries, which is 9.64 million SLC per square kilometre, 13% of the median. (73 countries reporting)
- Bahamas's 1.24 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 10.06 million SLC per square kilometre, 12% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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% | 0.4493 million SLC per square kilometre | 0.5667 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4371 million SLC per square kilometre | 0.3427 million SLC per square kilometre | 0.5667 million SLC per square kilometre | 10 |
| 1980s | 0.6862 million SLC per square kilometre | 0.5478 million SLC per square kilometre | 0.8296 million SLC per square kilometre | 10 |
| 1990s | 0.839 million SLC per square kilometre | 0.7523 million SLC per square kilometre | 1.01 million SLC per square kilometre | 10 |
| 2000s | 1.12 million SLC per square kilometre | 1.05 million SLC per square kilometre | 1.18 million SLC per square kilometre | 10 |
| 2010s | 1.16 million SLC per square kilometre | 1.13 million SLC per square kilometre | 1.22 million SLC per square kilometre | 10 |
| 2020s | 1.12 million SLC per square kilometre | 0.9443 million SLC per square kilometre | 1.24 million SLC per square kilometre | 4 |
Countries ranked near Bahamas
- 141 El Salvador 1.36 million SLC per square kilometre compare
- 142 Saudi Arabia 1.35 million SLC per square kilometre compare
- 143 Tonga 1.33 million SLC per square kilometre compare
- 145 New Zealand 1.21 million SLC per square kilometre compare
- 146 Marshall Islands 1.17 million SLC per square kilometre compare
- 147 Ghana 1.15 million SLC per square kilometre 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 — value standard local currency, 2015 prices in Bahamas?
- Gross domestic product — value standard local currency, 2015 prices in Bahamas was 1.24 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Bahamas?
- The highest recorded value was 1.24 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Bahamas?
- The lowest recorded value was 0.3427 million SLC per square kilometre in 1975.
- How does Bahamas rank for gross domestic product — value standard local currency, 2015 prices?
- Bahamas ranks 144th out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Bahamas?
- Over the last ten years it is up 9.3%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. 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 — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.