Gross Domestic Product — Value US$ in Bahamas
Bahamas: Gross Domestic Product — Value US$ was 14,866 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Bahamas, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Bahamas stood at 14,866 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 35.5% over ten years.
Over the whole period, gross domestic product — value us$ in Bahamas peaked at 14,866 million USD in 2024 and was at its lowest, 764.26 million USD, in 1970.
That places Bahamas 157th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Bahamas, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 764.26 million USD | — |
| 1971 | 790.54 million USD | +3.4% |
| 1972 | 850.05 million USD | +7.5% |
| 1973 | 972.47 million USD | +14.4% |
| 1974 | 1,179 million USD | +21.3% |
| 1975 | 1,101 million USD | -6.6% |
| 1976 | 1,213 million USD | +10.2% |
| 1977 | 1,288 million USD | +6.2% |
| 1978 | 1,502 million USD | +16.6% |
| 1979 | 1,825 million USD | +21.5% |
| 1980 | 2,190 million USD | +20.0% |
| 1981 | 2,268 million USD | +3.6% |
| 1982 | 2,554 million USD | +12.6% |
| 1983 | 2,843 million USD | +11.3% |
| 1984 | 3,036 million USD | +6.8% |
| 1985 | 3,306 million USD | +8.9% |
| 1986 | 3,574 million USD | +8.1% |
| 1987 | 3,935 million USD | +10.1% |
| 1988 | 4,091 million USD | +4.0% |
| 1989 | 4,612 million USD | +12.7% |
| 1990 | 4,768 million USD | +3.4% |
| 1991 | 4,685 million USD | -1.7% |
| 1992 | 4,682 million USD | -0.1% |
| 1993 | 4,656 million USD | -0.6% |
| 1994 | 4,908 million USD | +5.4% |
| 1995 | 5,165 million USD | +5.2% |
| 1996 | 5,863 million USD | +13.5% |
| 1997 | 6,332 million USD | +8.0% |
| 1998 | 6,833 million USD | +7.9% |
| 1999 | 7,684 million USD | +12.4% |
| 2000 | 8,076 million USD | +5.1% |
| 2001 | 8,318 million USD | +3.0% |
| 2002 | 8,881 million USD | +6.8% |
| 2003 | 8,870 million USD | -0.1% |
| 2004 | 9,055 million USD | +2.1% |
| 2005 | 9,836 million USD | +8.6% |
| 2006 | 10,167 million USD | +3.4% |
| 2007 | 10,618 million USD | +4.4% |
| 2008 | 10,526 million USD | -0.9% |
| 2009 | 9,982 million USD | -5.2% |
| 2010 | 10,096 million USD | +1.1% |
| 2011 | 10,070 million USD | -0.3% |
| 2012 | 10,720 million USD | +6.5% |
| 2013 | 10,396 million USD | -3.0% |
| 2014 | 10,974 million USD | +5.6% |
| 2015 | 11,672 million USD | +6.4% |
| 2016 | 11,745 million USD | +0.6% |
| 2017 | 12,237 million USD | +4.2% |
| 2018 | 12,616 million USD | +3.1% |
| 2019 | 13,016 million USD | +3.2% |
| 2020 | 9,958 million USD | -23.5% |
| 2021 | 11,369 million USD | +14.2% |
| 2022 | 13,136 million USD | +15.5% |
| 2023 | 14,338 million USD | +9.2% |
| 2024 | 14,866 million USD | +3.7% |
Bahamas compared with similar countries
- Bahamas's 14,866 million USD is below the median for high income countries, which is 95,350 million USD, 16% of the median. (73 countries reporting)
- Bahamas's 14,866 million USD is below the median for Latin America & Caribbean, which is 24,901 million USD, 60% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,148 million USD | 764.26 million USD | 1,825 million USD | 10 |
| 1980s | 3,241 million USD | 2,190 million USD | 4,612 million USD | 10 |
| 1990s | 5,558 million USD | 4,656 million USD | 7,684 million USD | 10 |
| 2000s | 9,433 million USD | 8,076 million USD | 10,618 million USD | 10 |
| 2010s | 11,354 million USD | 10,070 million USD | 13,016 million USD | 10 |
| 2020s | 12,734 million USD | 9,958 million USD | 14,866 million 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Bahamas?
- Gross domestic product — value us$ in Bahamas was 14,866 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Bahamas?
- The highest recorded value was 14,866 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Bahamas?
- The lowest recorded value was 764.26 million USD in 1970.
- How does Bahamas rank for gross domestic product — value us$?
- Bahamas ranks 157th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Bahamas?
- Over the last ten years it is up 35.5%. The long-run trend across the full record is volatile.
- 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$. Statizoid updates them automatically from the source API.
Download this data
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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).