Gross Domestic Product — Value US$, 2015 prices in Bahamas
Bahamas: Gross Domestic Product — Value US$, 2015 prices was 12,823 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Bahamas, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Bahamas recorded 12,823 million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 11.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Bahamas peaked at 12,823 million USD in 2024 and was at its lowest, 3,430 million USD, in 1975.
That places Bahamas 138th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Bahamas, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,585 million USD | — |
| 1971 | 4,660 million USD | +1.6% |
| 1972 | 4,497 million USD | -3.5% |
| 1973 | 4,837 million USD | +7.6% |
| 1974 | 4,027 million USD | -16.8% |
| 1975 | 3,430 million USD | -14.8% |
| 1976 | 3,608 million USD | +5.2% |
| 1977 | 3,939 million USD | +9.2% |
| 1978 | 4,497 million USD | +14.2% |
| 1979 | 5,673 million USD | +26.1% |
| 1980 | 6,041 million USD | +6.5% |
| 1981 | 5,484 million USD | -9.2% |
| 1982 | 5,851 million USD | +6.7% |
| 1983 | 6,062 million USD | +3.6% |
| 1984 | 6,921 million USD | +14.2% |
| 1985 | 7,255 million USD | +4.8% |
| 1986 | 7,385 million USD | +1.8% |
| 1987 | 7,606 million USD | +3.0% |
| 1988 | 7,781 million USD | +2.3% |
| 1989 | 8,305 million USD | +6.7% |
| 1990 | 8,172 million USD | -1.6% |
| 1991 | 7,831 million USD | -4.2% |
| 1992 | 7,531 million USD | -3.8% |
| 1993 | 7,554 million USD | +0.3% |
| 1994 | 7,792 million USD | +3.2% |
| 1995 | 8,133 million USD | +4.4% |
| 1996 | 8,477 million USD | +4.2% |
| 1997 | 8,991 million USD | +6.1% |
| 1998 | 9,415 million USD | +4.7% |
| 1999 | 10,088 million USD | +7.1% |
| 2000 | 10,506 million USD | +4.1% |
| 2001 | 10,782 million USD | +2.6% |
| 2002 | 11,074 million USD | +2.7% |
| 2003 | 10,934 million USD | -1.3% |
| 2004 | 11,030 million USD | +0.9% |
| 2005 | 11,405 million USD | +3.4% |
| 2006 | 11,692 million USD | +2.5% |
| 2007 | 11,861 million USD | +1.4% |
| 2008 | 11,585 million USD | -2.3% |
| 2009 | 11,102 million USD | -4.2% |
| 2010 | 11,272 million USD | +1.5% |
| 2011 | 11,342 million USD | +0.6% |
| 2012 | 11,682 million USD | +3.0% |
| 2013 | 11,347 million USD | -2.9% |
| 2014 | 11,557 million USD | +1.8% |
| 2015 | 11,672 million USD | +1.0% |
| 2016 | 11,560 million USD | -1.0% |
| 2017 | 11,883 million USD | +2.8% |
| 2018 | 12,196 million USD | +2.6% |
| 2019 | 12,030 million USD | -1.4% |
| 2020 | 9,453 million USD | -21.4% |
| 2021 | 10,909 million USD | +15.4% |
| 2022 | 12,085 million USD | +10.8% |
| 2023 | 12,404 million USD | +2.6% |
| 2024 | 12,823 million USD | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,375 million USD | 3,430 million USD | 5,673 million USD | 10 |
| 1980s | 6,869 million USD | 5,484 million USD | 8,305 million USD | 10 |
| 1990s | 8,398 million USD | 7,531 million USD | 10,088 million USD | 10 |
| 2000s | 11,197 million USD | 10,506 million USD | 11,861 million USD | 10 |
| 2010s | 11,654 million USD | 11,272 million USD | 12,196 million USD | 10 |
| 2020s | 11,535 million USD | 9,453 million USD | 12,823 million USD | 5 |
Countries ranked near Bahamas
- 135 Ethiopia PDR 13,592 million USD compare
- 136 Yemen Ar Rp 13,314 million USD compare
- 137 Haiti 13,005 million USD compare
- 139 Namibia 12,186 million USD compare
- 140 North Macedonia 12,009 million USD compare
- 141 Malawi 11,903 million USD 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)
- Industry (including construction), value added (constant 2015 US$) 12.48 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.079 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 3,117 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 12.48 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0939 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 3,705 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7719 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Bahamas?
- Gross domestic product — value us$, 2015 prices in Bahamas was 12,823 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Bahamas?
- The highest recorded value was 12,823 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Bahamas?
- The lowest recorded value was 3,430 million USD in 1975.
- How does Bahamas rank for gross domestic product — value us$, 2015 prices?
- Bahamas ranks 138th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 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).