Gross national expenditure (constant LCU), per unit of GDP in Bahamas
Bahamas: Gross national expenditure (constant LCU), per unit of GDP was 0.9269 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gross national expenditure (constant lcu), per unit of gdp in Bahamas stood at 0.9269 constant LCU per US$ of GDP.
That represents a change of up 3.0% on the previous year and down 17.5% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Bahamas peaked at 2.56 constant LCU per US$ of GDP in 1989 and was at its lowest, 0.9001 constant LCU per US$ of GDP, in 2023.
Bahamas ranks 128th of 169 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Bahamas, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1989 | 2.56 constant LCU per US$ of GDP | — |
| 1990 | 2.42 constant LCU per US$ of GDP | -5.5% |
| 1991 | 2.39 constant LCU per US$ of GDP | -1.5% |
| 1992 | 2.26 constant LCU per US$ of GDP | -5.4% |
| 1993 | 2.19 constant LCU per US$ of GDP | -3.1% |
| 1994 | 2.19 constant LCU per US$ of GDP | +0.2% |
| 1995 | 2.21 constant LCU per US$ of GDP | +1.1% |
| 1996 | 2.27 constant LCU per US$ of GDP | +2.5% |
| 1997 | 1.56 constant LCU per US$ of GDP | -31.5% |
| 1998 | 1.62 constant LCU per US$ of GDP | +4.4% |
| 1999 | 1.49 constant LCU per US$ of GDP | -8.4% |
| 2000 | 1.5 constant LCU per US$ of GDP | +0.7% |
| 2001 | 1.43 constant LCU per US$ of GDP | -4.6% |
| 2002 | 1.38 constant LCU per US$ of GDP | -3.5% |
| 2003 | 1.37 constant LCU per US$ of GDP | -0.7% |
| 2004 | 1.3 constant LCU per US$ of GDP | -5.1% |
| 2005 | 1.32 constant LCU per US$ of GDP | +1.6% |
| 2006 | 1.36 constant LCU per US$ of GDP | +3.1% |
| 2007 | 1.3 constant LCU per US$ of GDP | -4.3% |
| 2008 | 1.27 constant LCU per US$ of GDP | -2.6% |
| 2009 | 1.21 constant LCU per US$ of GDP | -4.2% |
| 2010 | 1.19 constant LCU per US$ of GDP | -2.2% |
| 2011 | 1.22 constant LCU per US$ of GDP | +2.8% |
| 2012 | 1.16 constant LCU per US$ of GDP | -5.4% |
| 2013 | 1.12 constant LCU per US$ of GDP | -2.6% |
| 2014 | 1.12 constant LCU per US$ of GDP | -0.2% |
| 2015 | 1.02 constant LCU per US$ of GDP | -9.0% |
| 2016 | 1.04 constant LCU per US$ of GDP | +1.4% |
| 2017 | 1.08 constant LCU per US$ of GDP | +3.8% |
| 2018 | 1.03 constant LCU per US$ of GDP | -4.3% |
| 2019 | 0.9499 constant LCU per US$ of GDP | -7.8% |
| 2020 | 1.04 constant LCU per US$ of GDP | +9.0% |
| 2021 | 1.04 constant LCU per US$ of GDP | +0.4% |
| 2022 | 0.9163 constant LCU per US$ of GDP | -11.9% |
| 2023 | 0.9001 constant LCU per US$ of GDP | -1.8% |
| 2024 | 0.9269 constant LCU per US$ of GDP | +3.0% |
Bahamas compared with similar countries
- Bahamas's 0.9269 constant LCU per US$ of GDP is above the median for high income countries, which is 0.8065 constant LCU per US$ of GDP, 1.1× the median. (58 countries reporting)
- Bahamas's 0.9269 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 6.22 constant LCU per US$ of GDP, 15% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant LCU), per unit of GDP in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | -31.5% | 2.27 constant LCU per US$ of GDP | 1.56 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.56 constant LCU per US$ of GDP | 2.56 constant LCU per US$ of GDP | 2.56 constant LCU per US$ of GDP | 1 |
| 1990s | 2.06 constant LCU per US$ of GDP | 1.49 constant LCU per US$ of GDP | 2.42 constant LCU per US$ of GDP | 10 |
| 2000s | 1.34 constant LCU per US$ of GDP | 1.21 constant LCU per US$ of GDP | 1.5 constant LCU per US$ of GDP | 10 |
| 2010s | 1.09 constant LCU per US$ of GDP | 0.9499 constant LCU per US$ of GDP | 1.22 constant LCU per US$ of GDP | 10 |
| 2020s | 0.9637 constant LCU per US$ of GDP | 0.9001 constant LCU per US$ of GDP | 1.04 constant LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 125 Brunei 1.04 constant LCU per US$ of GDP compare
- 126 El Salvador 1 constant LCU per US$ of GDP compare
- 127 Palestine 0.9614 constant LCU per US$ of GDP compare
- 129 Panama 0.9029 constant LCU per US$ of GDP compare
- 130 Ecuador 0.8791 constant LCU per US$ of GDP compare
- 131 United States 0.8736 constant LCU per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Bahamas?
- Gross national expenditure (constant lcu), per unit of gdp in Bahamas was 0.9269 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 2.56 constant LCU per US$ of GDP in 1989.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.9001 constant LCU per US$ of GDP in 2023.
- How does Bahamas rank for gross national expenditure (constant lcu), per unit of gdp?
- Bahamas ranks 128th out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.