Gross fixed capital formation (current US$) in Bahamas
Bahamas: Gross fixed capital formation (current US$) was 4.08 billion current US$ in 2024. ◆ Volatile
Latest (2024)
4.08 billion current US$
Change on year
up 22.6%
World rank
129th
of 181 countries
All-time high
4.08 billion current US$
in 2024
All-time low
81.30 million current US$
in 1977
Years of data
47
1977–2024
Gross fixed capital formation in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Bahamas recorded 4.08 billion current US$ for gross fixed capital formation in 2024. That is the highest value across all 47 years on record.
That represents a change of up 22.6% on the previous year and up 20.9% over ten years.
Over the whole period, gross fixed capital formation in Bahamas peaked at 4.08 billion current US$ in 2024 and was at its lowest, 81.30 million current US$, in 1977.
Bahamas ranks 129th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 81.30 million current US$ | — |
| 1978 | 85.90 million current US$ | +5.7% |
| 1979 | 135.30 million current US$ | +57.5% |
| 1980 | 212.90 million current US$ | +57.4% |
| 1981 | 238.90 million current US$ | +12.2% |
| 1982 | 298.70 million current US$ | +25.0% |
| 1983 | 310.70 million current US$ | +4.0% |
| 1984 | 326.50 million current US$ | +5.1% |
| 1985 | 407.80 million current US$ | +24.9% |
| 1986 | 425.20 million current US$ | +4.3% |
| 1987 | 508.10 million current US$ | +19.5% |
| 1989 | 877.90 million current US$ | +72.8% |
| 1990 | 811.37 million current US$ | -7.6% |
| 1991 | 790.59 million current US$ | -2.6% |
| 1992 | 812.40 million current US$ | +2.8% |
| 1993 | 659.62 million current US$ | -18.8% |
| 1994 | 787.95 million current US$ | +19.5% |
| 1995 | 872.29 million current US$ | +10.7% |
| 1996 | 999.17 million current US$ | +14.5% |
| 1997 | 1.78 billion current US$ | +78.2% |
| 1998 | 2.13 billion current US$ | +19.6% |
| 1999 | 2.13 billion current US$ | -0.1% |
| 2000 | 2.26 billion current US$ | +6.3% |
| 2001 | 2.11 billion current US$ | -6.6% |
| 2002 | 2.03 billion current US$ | -3.8% |
| 2003 | 2.04 billion current US$ | +0.5% |
| 2004 | 1.99 billion current US$ | -2.5% |
| 2005 | 2.57 billion current US$ | +29.0% |
| 2006 | 3.29 billion current US$ | +27.9% |
| 2007 | 3.12 billion current US$ | -5.1% |
| 2008 | 2.98 billion current US$ | -4.6% |
| 2009 | 2.67 billion current US$ | -10.2% |
| 2010 | 2.69 billion current US$ | +0.8% |
| 2011 | 2.86 billion current US$ | +6.0% |
| 2012 | 3.25 billion current US$ | +13.7% |
| 2013 | 2.97 billion current US$ | -8.7% |
| 2014 | 3.37 billion current US$ | +13.7% |
| 2015 | 2.79 billion current US$ | -17.2% |
| 2016 | 2.94 billion current US$ | +5.4% |
| 2017 | 3.29 billion current US$ | +11.9% |
| 2018 | 3.13 billion current US$ | -4.9% |
| 2019 | 3.21 billion current US$ | +2.6% |
| 2020 | 2.28 billion current US$ | -29.1% |
| 2021 | 2.80 billion current US$ | +23.0% |
| 2022 | 3.13 billion current US$ | +11.8% |
| 2023 | 3.33 billion current US$ | +6.1% |
| 2024 | 4.08 billion current US$ | +22.6% |
Bahamas compared with similar countries
- Bahamas's 4.08 billion current US$ is below the median for high income countries, which is 50.73 billion current US$, 8% of the median. (64 countries reporting)
- Bahamas's 4.08 billion current US$ is below the median for Latin America & Caribbean, which is 10.71 billion current US$, 38% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.83 million current US$ | 81.30 million current US$ | 135.30 million current US$ | 3 |
| 1980s | 400.74 million current US$ | 212.90 million current US$ | 877.90 million current US$ | 9 |
| 1990s | 1.18 billion current US$ | 659.62 million current US$ | 2.13 billion current US$ | 10 |
| 2000s | 2.51 billion current US$ | 1.99 billion current US$ | 3.29 billion current US$ | 10 |
| 2010s | 3.05 billion current US$ | 2.69 billion current US$ | 3.37 billion current US$ | 10 |
| 2020s | 3.12 billion current US$ | 2.28 billion current US$ | 4.08 billion current US$ | 5 |
Countries ranked near Bahamas
- 126 Tajikistan 4.36 billion current US$ compare
- 127 Madagascar 4.13 billion current US$ compare
- 128 Palestine 4.11 billion current US$ compare
- 130 Brunei 4.05 billion current US$ compare
- 131 North Macedonia 3.98 billion current US$ compare
- 132 Haiti 3.87 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)
- 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 fixed capital formation in Bahamas?
- Gross fixed capital formation in Bahamas was 4.08 billion current US$ 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 4.08 billion current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Bahamas?
- The lowest recorded value was 81.30 million current US$ in 1977.
- How does Bahamas rank for gross fixed capital formation?
- Bahamas ranks 129th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bahamas?
- Over the last ten years it is up 20.9%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 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.