Gross fixed capital formation in Bahamas
Bahamas: Gross fixed capital formation was 20.7% in 2024. ◆ Volatile
Gross fixed capital formation in Bahamas, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Bahamas recorded 20.7% for gross fixed capital formation in 2024.
Compared with earlier readings it is up 215.1% on the previous year and up 67.4% over ten years.
Over the whole period, gross fixed capital formation in Bahamas peaked at 38.2% in 1997 and was at its lowest, -29.4%, in 2020.
That places Bahamas 11th out of 166 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Bahamas, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1990 | -6.9% | — |
| 1991 | -4.1% | -40.4% |
| 1992 | 0.1% | -102.6% |
| 1993 | -20.6% | -19268.1% |
| 1994 | 19.2% | -193.2% |
| 1995 | 10.7% | -44.1% |
| 1996 | 13.8% | +28.2% |
| 1997 | 38.2% | +178.1% |
| 1998 | 27.2% | -28.9% |
| 1999 | -10.9% | -139.9% |
| 2000 | 16.2% | -249.4% |
| 2001 | -10.2% | -162.6% |
| 2002 | 4.3% | -142.7% |
| 2003 | 5.7% | +31.6% |
| 2004 | -8.5% | -248.7% |
| 2005 | 22.8% | -369.3% |
| 2006 | 20.4% | -10.7% |
| 2007 | -3.3% | -116.4% |
| 2008 | -7.7% | +131.4% |
| 2009 | -13.8% | +79.5% |
| 2010 | -7.8% | -43.6% |
| 2011 | 13.6% | -274.0% |
| 2012 | 30.2% | +122.2% |
| 2013 | -10.5% | -134.7% |
| 2014 | 12.3% | -217.9% |
| 2015 | -18.8% | -252.0% |
| 2016 | 5.4% | -128.6% |
| 2017 | 10.4% | +92.8% |
| 2018 | -7.1% | -168.1% |
| 2019 | 2.1% | -129.8% |
| 2020 | -29.4% | -1496.3% |
| 2021 | 22.2% | -175.6% |
| 2022 | 4.9% | -78.0% |
| 2023 | 6.6% | +34.1% |
| 2024 | 20.7% | +215.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.7% | -20.6% | 38.2% | 10 |
| 2000s | 2.6% | -13.8% | 22.8% | 10 |
| 2010s | 3.0% | -18.8% | 30.2% | 10 |
| 2020s | 5.0% | -29.4% | 22.2% | 5 |
Countries ranked near Bahamas
- 8 Sao Tome and Principe 22.2% compare
- 9 Nicaragua 21.3% compare
- 10 Kyrgyzstan 21.1% compare
- 12 Sierra Leone 19.7% compare
- 13 Syria 19.5% compare
- 14 Marshall Islands 19.0% 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)
- 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)
- Services, value added (current US$), per capita 30,454 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.7719 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 30,454 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.04 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.6616 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in Bahamas?
- Gross fixed capital formation in Bahamas was 20.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Bahamas?
- The highest recorded value was 38.2% in 1997.
- What is the lowest gross fixed capital formation recorded in Bahamas?
- The lowest recorded value was -29.4% in 2020.
- How does Bahamas rank for gross fixed capital formation?
- Bahamas ranks 11th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bahamas?
- Over the last ten years it is up 67.4%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.