Gross national expenditure in Bahamas
Bahamas: Gross national expenditure was 14.30 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Bahamas recorded 14.30 billion constant 2015 US$ for gross national expenditure in 2024. That is the highest value across all 36 years on record.
That represents a change of up 6.7% on the previous year and up 17.4% over ten years.
Over the whole period, gross national expenditure in Bahamas peaked at 14.30 billion constant 2015 US$ in 2024 and was at its lowest, 6.60 billion constant 2015 US$, in 1993.
Bahamas ranks 128th of 162 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross national expenditure in Bahamas, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1989 | 7.66 billion constant 2015 US$ | — |
| 1990 | 7.48 billion constant 2015 US$ | -2.3% |
| 1991 | 7.24 billion constant 2015 US$ | -3.2% |
| 1992 | 6.85 billion constant 2015 US$ | -5.5% |
| 1993 | 6.60 billion constant 2015 US$ | -3.6% |
| 1994 | 6.97 billion constant 2015 US$ | +5.6% |
| 1995 | 7.41 billion constant 2015 US$ | +6.4% |
| 1996 | 7.99 billion constant 2015 US$ | +7.9% |
| 1997 | 9.61 billion constant 2015 US$ | +20.2% |
| 1998 | 10.82 billion constant 2015 US$ | +12.6% |
| 1999 | 11.14 billion constant 2015 US$ | +3.0% |
| 2000 | 11.79 billion constant 2015 US$ | +5.8% |
| 2001 | 11.59 billion constant 2015 US$ | -1.7% |
| 2002 | 11.94 billion constant 2015 US$ | +3.0% |
| 2003 | 11.84 billion constant 2015 US$ | -0.8% |
| 2004 | 11.47 billion constant 2015 US$ | -3.1% |
| 2005 | 12.65 billion constant 2015 US$ | +10.3% |
| 2006 | 13.48 billion constant 2015 US$ | +6.5% |
| 2007 | 13.48 billion constant 2015 US$ | -0.0% |
| 2008 | 13.01 billion constant 2015 US$ | -3.4% |
| 2009 | 11.82 billion constant 2015 US$ | -9.2% |
| 2010 | 11.70 billion constant 2015 US$ | -1.0% |
| 2011 | 11.99 billion constant 2015 US$ | +2.5% |
| 2012 | 12.07 billion constant 2015 US$ | +0.6% |
| 2013 | 11.48 billion constant 2015 US$ | -4.8% |
| 2014 | 12.19 billion constant 2015 US$ | +6.1% |
| 2015 | 11.80 billion constant 2015 US$ | -3.2% |
| 2016 | 12.01 billion constant 2015 US$ | +1.8% |
| 2017 | 13.06 billion constant 2015 US$ | +8.7% |
| 2018 | 12.87 billion constant 2015 US$ | -1.4% |
| 2019 | 12.29 billion constant 2015 US$ | -4.5% |
| 2020 | 10.47 billion constant 2015 US$ | -14.8% |
| 2021 | 12.20 billion constant 2015 US$ | +16.6% |
| 2022 | 12.42 billion constant 2015 US$ | +1.7% |
| 2023 | 13.40 billion constant 2015 US$ | +8.0% |
| 2024 | 14.30 billion constant 2015 US$ | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.66 billion constant 2015 US$ | 7.66 billion constant 2015 US$ | 7.66 billion constant 2015 US$ | 1 |
| 1990s | 8.21 billion constant 2015 US$ | 6.60 billion constant 2015 US$ | 11.14 billion constant 2015 US$ | 10 |
| 2000s | 12.31 billion constant 2015 US$ | 11.47 billion constant 2015 US$ | 13.48 billion constant 2015 US$ | 10 |
| 2010s | 12.15 billion constant 2015 US$ | 11.48 billion constant 2015 US$ | 13.06 billion constant 2015 US$ | 10 |
| 2020s | 12.56 billion constant 2015 US$ | 10.47 billion constant 2015 US$ | 14.30 billion constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 125 Rwanda 15.96 billion constant 2015 US$ compare
- 126 North Macedonia 14.74 billion constant 2015 US$ compare
- 127 Mauritius 14.65 billion constant 2015 US$ compare
- 129 Moldova 13.30 billion constant 2015 US$ compare
- 130 Mauritania 12.76 billion constant 2015 US$ compare
- 131 Kosovo 12.09 billion constant 2015 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8733 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,455 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.32 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7434 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 29,331 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.32 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.771 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure in Bahamas?
- Gross national expenditure in Bahamas was 14.30 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Bahamas?
- The highest recorded value was 14.30 billion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in Bahamas?
- The lowest recorded value was 6.60 billion constant 2015 US$ in 1993.
- How does Bahamas rank for gross national expenditure?
- Bahamas ranks 128th out of 162 countries with data for 2024.
- Is gross national expenditure rising or falling in Bahamas?
- Over the last ten years it is up 17.4%. 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 national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.