Gross domestic savings in Bahamas
Bahamas: Gross domestic savings was 3.61 billion current LCU in 2024. ◆ Volatile
Latest (2024)
3.61 billion current LCU
Change on year
up 0.6%
World rank
147th
of 187 countries
All-time high
3.61 billion current LCU
in 2024
All-time low
206.90 million current LCU
in 1977
Years of data
47
1977–2024
Gross domestic savings in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross domestic savings in Bahamas stood at 3.61 billion current LCU. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 32.9% over ten years.
Over the whole period, gross domestic savings in Bahamas peaked at 3.61 billion current LCU in 2024 and was at its lowest, 206.90 million current LCU, in 1977.
That places Bahamas 147th out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 206.90 million current LCU | — |
| 1978 | 220.50 million current LCU | +6.6% |
| 1979 | 245.00 million current LCU | +11.1% |
| 1980 | 344.40 million current LCU | +40.6% |
| 1981 | 340.30 million current LCU | -1.2% |
| 1982 | 437.20 million current LCU | +28.5% |
| 1983 | 500.50 million current LCU | +14.5% |
| 1984 | 441.50 million current LCU | -11.8% |
| 1985 | 573.00 million current LCU | +29.8% |
| 1986 | 601.70 million current LCU | +5.0% |
| 1987 | 659.90 million current LCU | +9.7% |
| 1989 | 732.21 million current LCU | +11.0% |
| 1990 | 769.82 million current LCU | +5.1% |
| 1991 | 619.49 million current LCU | -19.5% |
| 1992 | 673.40 million current LCU | +8.7% |
| 1993 | 632.17 million current LCU | -6.1% |
| 1994 | 645.26 million current LCU | +2.1% |
| 1995 | 618.89 million current LCU | -4.1% |
| 1996 | 578.89 million current LCU | -6.5% |
| 1997 | 1.94 billion current LCU | +234.8% |
| 1998 | 2.05 billion current LCU | +5.6% |
| 1999 | 2.52 billion current LCU | +23.2% |
| 2000 | 2.70 billion current LCU | +7.2% |
| 2001 | 2.48 billion current LCU | -8.2% |
| 2002 | 2.99 billion current LCU | +20.8% |
| 2003 | 2.87 billion current LCU | -4.1% |
| 2004 | 2.85 billion current LCU | -0.7% |
| 2005 | 3.03 billion current LCU | +6.3% |
| 2006 | 2.87 billion current LCU | -5.3% |
| 2007 | 3.13 billion current LCU | +9.1% |
| 2008 | 2.90 billion current LCU | -7.3% |
| 2009 | 2.67 billion current LCU | -8.0% |
| 2010 | 2.60 billion current LCU | -2.4% |
| 2011 | 2.34 billion current LCU | -10.0% |
| 2012 | 2.50 billion current LCU | +6.8% |
| 2013 | 2.49 billion current LCU | -0.4% |
| 2014 | 2.71 billion current LCU | +8.9% |
| 2015 | 2.95 billion current LCU | +8.8% |
| 2016 | 2.95 billion current LCU | +0.0% |
| 2017 | 2.71 billion current LCU | -8.3% |
| 2018 | 2.90 billion current LCU | +7.2% |
| 2019 | 3.58 billion current LCU | +23.3% |
| 2020 | 1.56 billion current LCU | -56.4% |
| 2021 | 1.92 billion current LCU | +23.1% |
| 2022 | 3.43 billion current LCU | +78.5% |
| 2023 | 3.59 billion current LCU | +4.5% |
| 2024 | 3.61 billion current LCU | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 224.13 million current LCU | 206.90 million current LCU | 245.00 million current LCU | 3 |
| 1980s | 514.52 million current LCU | 340.30 million current LCU | 732.21 million current LCU | 9 |
| 1990s | 1.10 billion current LCU | 578.89 million current LCU | 2.52 billion current LCU | 10 |
| 2000s | 2.85 billion current LCU | 2.48 billion current LCU | 3.13 billion current LCU | 10 |
| 2010s | 2.78 billion current LCU | 2.34 billion current LCU | 3.58 billion current LCU | 10 |
| 2020s | 2.82 billion current LCU | 1.56 billion current LCU | 3.61 billion current LCU | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8733 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 34,455 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8733 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,455 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.32 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7434 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic savings in Bahamas?
- Gross domestic savings in Bahamas was 3.61 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Bahamas?
- The highest recorded value was 3.61 billion current LCU in 2024.
- What is the lowest gross domestic savings recorded in Bahamas?
- The lowest recorded value was 206.90 million current LCU in 1977.
- How does Bahamas rank for gross domestic savings?
- Bahamas ranks 147th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Bahamas?
- Over the last ten years it is up 32.9%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.