Gross Fixed Capital Formation — Value Standard Local Currency in Bahamas
Bahamas: Gross Fixed Capital Formation — Value Standard Local Currency was 3,423 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Bahamas, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Bahamas is 3,423 million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 22.6% on the previous year and up 1.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Bahamas peaked at 3,423 million SLC in 2024 and was at its lowest, 157.88 million SLC, in 1970.
That places Bahamas 165th out of 202 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 Fixed Capital Formation — Value Standard Local Currency in Bahamas, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 157.88 million SLC | — |
| 1971 | 163.3 million SLC | +3.4% |
| 1972 | 175.6 million SLC | +7.5% |
| 1973 | 200.88 million SLC | +14.4% |
| 1974 | 243.58 million SLC | +21.3% |
| 1975 | 227.46 million SLC | -6.6% |
| 1976 | 250.56 million SLC | +10.2% |
| 1977 | 273.52 million SLC | +9.2% |
| 1978 | 318.91 million SLC | +16.6% |
| 1979 | 387.48 million SLC | +21.5% |
| 1980 | 464.97 million SLC | +20.0% |
| 1981 | 481.71 million SLC | +3.6% |
| 1982 | 542.41 million SLC | +12.6% |
| 1983 | 603.7 million SLC | +11.3% |
| 1984 | 644.75 million SLC | +6.8% |
| 1985 | 702.13 million SLC | +8.9% |
| 1986 | 759 million SLC | +8.1% |
| 1987 | 655.87 million SLC | -13.6% |
| 1988 | 653.31 million SLC | -0.4% |
| 1989 | 1,069 million SLC | +63.6% |
| 1990 | 987.81 million SLC | -7.6% |
| 1991 | 962.49 million SLC | -2.6% |
| 1992 | 989.02 million SLC | +2.8% |
| 1993 | 803 million SLC | -18.8% |
| 1994 | 959.2 million SLC | +19.5% |
| 1995 | 1,062 million SLC | +10.7% |
| 1996 | 1,317 million SLC | +24.0% |
| 1997 | 1,782 million SLC | +35.3% |
| 1998 | 2,131 million SLC | +19.6% |
| 1999 | 2,128 million SLC | -0.1% |
| 2000 | 2,265 million SLC | +6.4% |
| 2001 | 2,116 million SLC | -6.6% |
| 2002 | 2,036 million SLC | -3.8% |
| 2003 | 2,046 million SLC | +0.5% |
| 2004 | 1,996 million SLC | -2.5% |
| 2005 | 2,574 million SLC | +29.0% |
| 2006 | 3,291 million SLC | +27.8% |
| 2007 | 3,122 million SLC | -5.1% |
| 2008 | 2,980 million SLC | -4.6% |
| 2009 | 2,676 million SLC | -10.2% |
| 2010 | 2,698 million SLC | +0.8% |
| 2011 | 2,861 million SLC | +6.0% |
| 2012 | 3,252 million SLC | +13.7% |
| 2013 | 2,967 million SLC | -8.8% |
| 2014 | 3,373 million SLC | +13.7% |
| 2015 | 2,790 million SLC | -17.3% |
| 2016 | 2,947 million SLC | +5.6% |
| 2017 | 3,278 million SLC | +11.2% |
| 2018 | 3,168 million SLC | -3.4% |
| 2019 | 3,282 million SLC | +3.6% |
| 2020 | 2,293 million SLC | -30.1% |
| 2021 | 2,644 million SLC | +15.3% |
| 2022 | 2,696 million SLC | +2.0% |
| 2023 | 2,791 million SLC | +3.5% |
| 2024 | 3,423 million SLC | +22.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 239.92 million SLC | 157.88 million SLC | 387.48 million SLC | 10 |
| 1980s | 657.66 million SLC | 464.97 million SLC | 1,069 million SLC | 10 |
| 1990s | 1,312 million SLC | 803 million SLC | 2,131 million SLC | 10 |
| 2000s | 2,510 million SLC | 1,996 million SLC | 3,291 million SLC | 10 |
| 2010s | 3,062 million SLC | 2,698 million SLC | 3,373 million SLC | 10 |
| 2020s | 2,770 million SLC | 2,293 million SLC | 3,423 million SLC | 5 |
Countries ranked near Bahamas
- 162 Malta 4,033 million SLC compare
- 163 Sao Tome and Principe 3,878 million SLC compare
- 164 Solomon Islands 3,424 million SLC compare
- 166 Ethiopia PDR 3,387 million SLC compare
- 167 Palestine, State of 3,004 million SLC compare
- 168 Eritrea 2,623 million SLC 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)
- GNI, Atlas method (current US$), annual growth rate 5.71 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9382 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per capita 37,017 current US$ per person (2024)
- GNI (current US$), annual growth rate 4.66 % change on previous year (2024)
- GNI (current US$), per unit of GDP 0.9601 current US$ per US$ of GDP (2024)
- GNI (current US$), per capita 37,881 current US$ per person (2024)
- GNI (current LCU), annual growth rate 4.66 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.9601 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Bahamas?
- Gross fixed capital formation — value standard local currency in Bahamas was 3,423 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Bahamas?
- The highest recorded value was 3,423 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Bahamas?
- The lowest recorded value was 157.88 million SLC in 1970.
- How does Bahamas rank for gross fixed capital formation — value standard local currency?
- Bahamas ranks 165th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Bahamas?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).