Gross Domestic Product — Value Standard Local Currency, 2015 prices in Bahamas
Bahamas: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 12,823 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Bahamas, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Bahamas stood at 12,823 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 3.4% on the previous year and up 11.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Bahamas peaked at 12,823 million SLC in 2024 and was at its lowest, 3,430 million SLC, in 1975.
That places Bahamas 181st out of 223 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Bahamas, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 4,585 million SLC | — |
| 1971 | 4,660 million SLC | +1.6% |
| 1972 | 4,497 million SLC | -3.5% |
| 1973 | 4,837 million SLC | +7.6% |
| 1974 | 4,027 million SLC | -16.8% |
| 1975 | 3,430 million SLC | -14.8% |
| 1976 | 3,608 million SLC | +5.2% |
| 1977 | 3,939 million SLC | +9.2% |
| 1978 | 4,497 million SLC | +14.2% |
| 1979 | 5,673 million SLC | +26.1% |
| 1980 | 6,041 million SLC | +6.5% |
| 1981 | 5,484 million SLC | -9.2% |
| 1982 | 5,851 million SLC | +6.7% |
| 1983 | 6,062 million SLC | +3.6% |
| 1984 | 6,921 million SLC | +14.2% |
| 1985 | 7,255 million SLC | +4.8% |
| 1986 | 7,385 million SLC | +1.8% |
| 1987 | 7,606 million SLC | +3.0% |
| 1988 | 7,781 million SLC | +2.3% |
| 1989 | 8,305 million SLC | +6.7% |
| 1990 | 8,172 million SLC | -1.6% |
| 1991 | 7,831 million SLC | -4.2% |
| 1992 | 7,531 million SLC | -3.8% |
| 1993 | 7,554 million SLC | +0.3% |
| 1994 | 7,792 million SLC | +3.2% |
| 1995 | 8,133 million SLC | +4.4% |
| 1996 | 8,477 million SLC | +4.2% |
| 1997 | 8,991 million SLC | +6.1% |
| 1998 | 9,415 million SLC | +4.7% |
| 1999 | 10,088 million SLC | +7.1% |
| 2000 | 10,506 million SLC | +4.1% |
| 2001 | 10,782 million SLC | +2.6% |
| 2002 | 11,074 million SLC | +2.7% |
| 2003 | 10,934 million SLC | -1.3% |
| 2004 | 11,030 million SLC | +0.9% |
| 2005 | 11,405 million SLC | +3.4% |
| 2006 | 11,692 million SLC | +2.5% |
| 2007 | 11,861 million SLC | +1.4% |
| 2008 | 11,585 million SLC | -2.3% |
| 2009 | 11,102 million SLC | -4.2% |
| 2010 | 11,272 million SLC | +1.5% |
| 2011 | 11,342 million SLC | +0.6% |
| 2012 | 11,682 million SLC | +3.0% |
| 2013 | 11,347 million SLC | -2.9% |
| 2014 | 11,557 million SLC | +1.8% |
| 2015 | 11,672 million SLC | +1.0% |
| 2016 | 11,560 million SLC | -1.0% |
| 2017 | 11,883 million SLC | +2.8% |
| 2018 | 12,196 million SLC | +2.6% |
| 2019 | 12,030 million SLC | -1.4% |
| 2020 | 9,453 million SLC | -21.4% |
| 2021 | 10,909 million SLC | +15.4% |
| 2022 | 12,085 million SLC | +10.8% |
| 2023 | 12,404 million SLC | +2.6% |
| 2024 | 12,823 million SLC | +3.4% |
Bahamas compared with similar countries
- Bahamas's 12,823 million SLC is below the median for high income countries, which is 202,758 million SLC, 6% of the median. (73 countries reporting)
- Bahamas's 12,823 million SLC is below the median for Latin America & Caribbean, which is 91,874 million SLC, 14% 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% | 4,497 million SLC | 5,673 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,375 million SLC | 3,430 million SLC | 5,673 million SLC | 10 |
| 1980s | 6,869 million SLC | 5,484 million SLC | 8,305 million SLC | 10 |
| 1990s | 8,398 million SLC | 7,531 million SLC | 10,088 million SLC | 10 |
| 2000s | 11,197 million SLC | 10,506 million SLC | 11,861 million SLC | 10 |
| 2010s | 11,654 million SLC | 11,272 million SLC | 12,196 million SLC | 10 |
| 2020s | 11,535 million SLC | 9,453 million SLC | 12,823 million SLC | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
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 12,823 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Bahamas?
- The highest recorded value was 12,823 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Bahamas?
- The lowest recorded value was 3,430 million SLC in 1975.
- How does Bahamas rank for gross domestic product — value standard local currency, 2015 prices?
- Bahamas ranks 181st out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Bahamas?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).