Gross domestic savings in Bahamas
Bahamas: Gross domestic savings was 3.61 billion current US$ in 2024. ◆ Volatile
Latest (2024)
3.61 billion current US$
Change on year
up 0.6%
World rank
116th
of 187 countries
All-time high
3.61 billion current US$
in 2024
All-time low
206.90 million current US$
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 US$.
Analysis
In 2024, gross domestic savings in Bahamas stood at 3.61 billion current US$. That is the highest value across all 47 years on record.
That represents a change of 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 US$ in 2024 and was at its lowest, 206.90 million current US$, in 1977.
That places Bahamas 116th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 206.90 million current US$ | — |
| 1978 | 220.50 million current US$ | +6.6% |
| 1979 | 245.00 million current US$ | +11.1% |
| 1980 | 344.40 million current US$ | +40.6% |
| 1981 | 340.30 million current US$ | -1.2% |
| 1982 | 437.20 million current US$ | +28.5% |
| 1983 | 500.50 million current US$ | +14.5% |
| 1984 | 441.50 million current US$ | -11.8% |
| 1985 | 573.00 million current US$ | +29.8% |
| 1986 | 601.70 million current US$ | +5.0% |
| 1987 | 659.90 million current US$ | +9.7% |
| 1989 | 732.21 million current US$ | +11.0% |
| 1990 | 769.82 million current US$ | +5.1% |
| 1991 | 619.49 million current US$ | -19.5% |
| 1992 | 673.40 million current US$ | +8.7% |
| 1993 | 632.17 million current US$ | -6.1% |
| 1994 | 645.26 million current US$ | +2.1% |
| 1995 | 618.89 million current US$ | -4.1% |
| 1996 | 578.89 million current US$ | -6.5% |
| 1997 | 1.94 billion current US$ | +234.8% |
| 1998 | 2.05 billion current US$ | +5.6% |
| 1999 | 2.52 billion current US$ | +23.2% |
| 2000 | 2.70 billion current US$ | +7.2% |
| 2001 | 2.48 billion current US$ | -8.2% |
| 2002 | 2.99 billion current US$ | +20.8% |
| 2003 | 2.87 billion current US$ | -4.1% |
| 2004 | 2.85 billion current US$ | -0.7% |
| 2005 | 3.03 billion current US$ | +6.3% |
| 2006 | 2.87 billion current US$ | -5.3% |
| 2007 | 3.13 billion current US$ | +9.1% |
| 2008 | 2.90 billion current US$ | -7.3% |
| 2009 | 2.67 billion current US$ | -8.0% |
| 2010 | 2.60 billion current US$ | -2.4% |
| 2011 | 2.34 billion current US$ | -10.0% |
| 2012 | 2.50 billion current US$ | +6.8% |
| 2013 | 2.49 billion current US$ | -0.4% |
| 2014 | 2.71 billion current US$ | +8.9% |
| 2015 | 2.95 billion current US$ | +8.8% |
| 2016 | 2.95 billion current US$ | +0.0% |
| 2017 | 2.71 billion current US$ | -8.3% |
| 2018 | 2.90 billion current US$ | +7.2% |
| 2019 | 3.58 billion current US$ | +23.3% |
| 2020 | 1.56 billion current US$ | -56.4% |
| 2021 | 1.92 billion current US$ | +23.1% |
| 2022 | 3.43 billion current US$ | +78.5% |
| 2023 | 3.59 billion current US$ | +4.5% |
| 2024 | 3.61 billion current US$ | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 224.13 million current US$ | 206.90 million current US$ | 245.00 million current US$ | 3 |
| 1980s | 514.52 million current US$ | 340.30 million current US$ | 732.21 million current US$ | 9 |
| 1990s | 1.10 billion current US$ | 578.89 million current US$ | 2.52 billion current US$ | 10 |
| 2000s | 2.85 billion current US$ | 2.48 billion current US$ | 3.13 billion current US$ | 10 |
| 2010s | 2.78 billion current US$ | 2.34 billion current US$ | 3.58 billion current US$ | 10 |
| 2020s | 2.82 billion current US$ | 1.56 billion current US$ | 3.61 billion current US$ | 5 |
Countries ranked near Bahamas
- 113 Egypt 4.37 billion current US$ compare
- 114 Niger 4.24 billion current US$ compare
- 115 Bermuda 4.14 billion current US$ compare
- 117 Mauritania 3.51 billion current US$ compare
- 118 North Macedonia 3.43 billion current US$ compare
- 119 Bosnia and Herzegovina 3.37 billion current US$ 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)
- GDP (current US$), annual growth rate 3.68 % change on previous year (2024)
- GDP (current US$), per capita 39,455 current US$ per person (2024)
- GDP (current LCU), annual growth rate 3.68 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 39,455 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 3.38 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8609 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 33,968 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross domestic savings in Bahamas?
- Gross domestic savings in Bahamas was 3.61 billion current US$ 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 US$ in 2024.
- What is the lowest gross domestic savings recorded in Bahamas?
- The lowest recorded value was 206.90 million current US$ in 1977.
- How does Bahamas rank for gross domestic savings?
- Bahamas ranks 116th 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.