Gross fixed capital formation in Bahamas
Bahamas: Gross fixed capital formation was 25.7% in 2024. ▲ Rising
Gross fixed capital formation in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Bahamas is 25.7%, measured in 2024.
That represents a change of up 18.3% on the previous year and down 14.9% over ten years.
Over the whole period, gross fixed capital formation in Bahamas peaked at 32.3% in 2006 and was at its lowest, 10.3%, in 1978.
That places Bahamas 53rd out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Gross fixed capital formation in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 11.4% | — |
| 1978 | 10.3% | -9.5% |
| 1979 | 11.9% | +15.0% |
| 1980 | 15.9% | +34.3% |
| 1981 | 16.7% | +5.0% |
| 1982 | 18.9% | +13.0% |
| 1983 | 17.9% | -5.3% |
| 1984 | 16.0% | -10.8% |
| 1985 | 17.6% | +9.9% |
| 1986 | 17.2% | -2.1% |
| 1987 | 18.7% | +8.9% |
| 1989 | 28.7% | +53.1% |
| 1990 | 25.6% | -10.6% |
| 1991 | 25.4% | -0.8% |
| 1992 | 26.1% | +2.8% |
| 1993 | 21.3% | -18.4% |
| 1994 | 24.2% | +13.3% |
| 1995 | 25.4% | +5.2% |
| 1996 | 27.7% | +8.8% |
| 1997 | 28.1% | +1.6% |
| 1998 | 31.2% | +10.8% |
| 1999 | 27.7% | -11.2% |
| 2000 | 28.0% | +1.2% |
| 2001 | 25.4% | -9.3% |
| 2002 | 22.9% | -9.9% |
| 2003 | 23.0% | +0.6% |
| 2004 | 22.0% | -4.5% |
| 2005 | 26.1% | +18.8% |
| 2006 | 32.3% | +23.7% |
| 2007 | 29.4% | -9.2% |
| 2008 | 28.3% | -3.7% |
| 2009 | 26.8% | -5.3% |
| 2010 | 26.7% | -0.3% |
| 2011 | 28.4% | +6.3% |
| 2012 | 30.3% | +6.9% |
| 2013 | 28.3% | -6.6% |
| 2014 | 30.3% | +6.9% |
| 2015 | 23.6% | -22.1% |
| 2016 | 24.8% | +5.1% |
| 2017 | 26.5% | +6.8% |
| 2018 | 24.4% | -7.7% |
| 2019 | 24.2% | -0.9% |
| 2020 | 22.0% | -9.1% |
| 2021 | 23.3% | +5.9% |
| 2022 | 22.6% | -3.2% |
| 2023 | 21.8% | -3.5% |
| 2024 | 25.7% | +18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.2% | 10.3% | 11.9% | 3 |
| 1980s | 18.6% | 15.9% | 28.7% | 9 |
| 1990s | 26.3% | 21.3% | 31.2% | 10 |
| 2000s | 26.4% | 22.0% | 32.3% | 10 |
| 2010s | 26.7% | 23.6% | 30.3% | 10 |
| 2020s | 23.1% | 21.8% | 25.7% | 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 capital formation (current US$), annual growth rate 21.56 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2681 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 10,577 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 21.56 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.2681 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 10,577 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 19.77 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2364 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 25.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Bahamas?
- The highest recorded value was 32.3% in 2006.
- What is the lowest gross fixed capital formation recorded in Bahamas?
- The lowest recorded value was 10.3% in 1978.
- How does Bahamas rank for gross fixed capital formation?
- Bahamas ranks 53rd 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 down 14.9%. The long-run trend across the full record is rising.
- 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 fixed capital formation (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.