Gross Domestic Product — Value US$ per capita, 2015 prices in Bahamas
Bahamas: Gross Domestic Product — Value US$ per capita, 2015 prices was 31,955 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Bahamas, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross domestic product — value us$ per capita, 2015 prices in Bahamas stood at 31,955 USD.
Compared with earlier readings it is up 2.9% on the previous year and up 5.7% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Bahamas peaked at 33,569 USD in 2007 and was at its lowest, 16,344 USD, in 1975.
That places Bahamas 39th out of 195 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices in Bahamas, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 24,786 USD | — |
| 1971 | 24,414 USD | -1.5% |
| 1972 | 22,935 USD | -6.1% |
| 1973 | 24,089 USD | +5.0% |
| 1974 | 19,609 USD | -18.6% |
| 1975 | 16,344 USD | -16.6% |
| 1976 | 16,822 USD | +2.9% |
| 1977 | 17,972 USD | +6.8% |
| 1978 | 20,098 USD | +11.8% |
| 1979 | 24,855 USD | +23.7% |
| 1980 | 25,980 USD | +4.5% |
| 1981 | 23,176 USD | -10.8% |
| 1982 | 24,317 USD | +4.9% |
| 1983 | 24,772 USD | +1.9% |
| 1984 | 27,809 USD | +12.3% |
| 1985 | 28,658 USD | +3.1% |
| 1986 | 28,676 USD | +0.1% |
| 1987 | 29,036 USD | +1.3% |
| 1988 | 29,204 USD | +0.6% |
| 1989 | 30,624 USD | +4.9% |
| 1990 | 29,615 USD | -3.3% |
| 1991 | 27,893 USD | -5.8% |
| 1992 | 26,338 USD | -5.6% |
| 1993 | 25,928 USD | -1.6% |
| 1994 | 26,279 USD | +1.4% |
| 1995 | 26,979 USD | +2.7% |
| 1996 | 27,677 USD | +2.6% |
| 1997 | 28,919 USD | +4.5% |
| 1998 | 29,854 USD | +3.2% |
| 1999 | 31,562 USD | +5.7% |
| 2000 | 32,444 USD | +2.8% |
| 2001 | 32,889 USD | +1.4% |
| 2002 | 33,394 USD | +1.5% |
| 2003 | 32,578 USD | -2.4% |
| 2004 | 32,463 USD | -0.4% |
| 2005 | 33,164 USD | +2.2% |
| 2006 | 33,561 USD | +1.2% |
| 2007 | 33,569 USD | +0.0% |
| 2008 | 32,351 USD | -3.6% |
| 2009 | 30,599 USD | -5.4% |
| 2010 | 30,675 USD | +0.2% |
| 2011 | 30,510 USD | -0.5% |
| 2012 | 31,112 USD | +2.0% |
| 2013 | 29,943 USD | -3.8% |
| 2014 | 30,230 USD | +1.0% |
| 2015 | 30,289 USD | +0.2% |
| 2016 | 29,788 USD | -1.7% |
| 2017 | 30,432 USD | +2.2% |
| 2018 | 31,055 USD | +2.0% |
| 2019 | 30,481 USD | -1.8% |
| 2020 | 23,879 USD | -21.7% |
| 2021 | 27,522 USD | +15.3% |
| 2022 | 30,400 USD | +10.5% |
| 2023 | 31,054 USD | +2.2% |
| 2024 | 31,955 USD | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21,192 USD | 16,344 USD | 24,855 USD | 10 |
| 1980s | 27,225 USD | 23,176 USD | 30,624 USD | 10 |
| 1990s | 28,105 USD | 25,928 USD | 31,562 USD | 10 |
| 2000s | 32,701 USD | 30,599 USD | 33,569 USD | 10 |
| 2010s | 30,452 USD | 29,788 USD | 31,112 USD | 10 |
| 2020s | 28,962 USD | 23,879 USD | 31,955 USD | 5 |
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)
- Exports of goods and services (current LCU), annual growth rate 3.6 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.3778 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 14,908 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.18 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3039 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 11,991 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 22.61 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Bahamas?
- Gross domestic product — value us$ per capita, 2015 prices in Bahamas was 31,955 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Bahamas?
- The highest recorded value was 33,569 USD in 2007.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Bahamas?
- The lowest recorded value was 16,344 USD in 1975.
- How does Bahamas rank for gross domestic product — value us$ per capita, 2015 prices?
- Bahamas ranks 39th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Bahamas?
- Over the last ten years it is up 5.7%. 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$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
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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).