Gross national expenditure in Bahamas
Bahamas: Gross national expenditure was 14.68 billion constant LCU in 2024. ▲ Rising
Gross national expenditure in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross national expenditure in Bahamas is 14.68 billion constant LCU, measured in 2024. That is the highest value across all 36 years on record.
The figure is up 6.8% on the previous year and up 17.3% over ten years.
Over the whole period, gross national expenditure in Bahamas peaked at 14.68 billion constant LCU in 2024 and was at its lowest, 6.76 billion constant LCU, in 1993.
That places Bahamas 151st out of 168 countries with data for 2024, putting it 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 LCU | Change |
|---|---|---|
| 1989 | 7.85 billion constant LCU | — |
| 1990 | 7.67 billion constant LCU | -2.3% |
| 1991 | 7.42 billion constant LCU | -3.2% |
| 1992 | 7.02 billion constant LCU | -5.5% |
| 1993 | 6.76 billion constant LCU | -3.7% |
| 1994 | 7.14 billion constant LCU | +5.6% |
| 1995 | 7.59 billion constant LCU | +6.4% |
| 1996 | 8.19 billion constant LCU | +7.9% |
| 1997 | 9.85 billion constant LCU | +20.2% |
| 1998 | 11.09 billion constant LCU | +12.6% |
| 1999 | 11.42 billion constant LCU | +2.9% |
| 2000 | 12.09 billion constant LCU | +5.9% |
| 2001 | 11.88 billion constant LCU | -1.7% |
| 2002 | 12.24 billion constant LCU | +3.0% |
| 2003 | 12.14 billion constant LCU | -0.8% |
| 2004 | 11.76 billion constant LCU | -3.1% |
| 2005 | 12.97 billion constant LCU | +10.4% |
| 2006 | 13.83 billion constant LCU | +6.6% |
| 2007 | 13.82 billion constant LCU | -0.0% |
| 2008 | 13.34 billion constant LCU | -3.5% |
| 2009 | 12.12 billion constant LCU | -9.2% |
| 2010 | 11.99 billion constant LCU | -1.0% |
| 2011 | 12.30 billion constant LCU | +2.5% |
| 2012 | 12.38 billion constant LCU | +0.7% |
| 2013 | 11.78 billion constant LCU | -4.8% |
| 2014 | 12.51 billion constant LCU | +6.2% |
| 2015 | 12.10 billion constant LCU | -3.3% |
| 2016 | 12.32 billion constant LCU | +1.8% |
| 2017 | 13.40 billion constant LCU | +8.7% |
| 2018 | 13.20 billion constant LCU | -1.5% |
| 2019 | 12.61 billion constant LCU | -4.5% |
| 2020 | 10.73 billion constant LCU | -14.9% |
| 2021 | 12.51 billion constant LCU | +16.6% |
| 2022 | 12.73 billion constant LCU | +1.8% |
| 2023 | 13.75 billion constant LCU | +7.9% |
| 2024 | 14.68 billion constant LCU | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.85 billion constant LCU | 7.85 billion constant LCU | 7.85 billion constant LCU | 1 |
| 1990s | 8.41 billion constant LCU | 6.76 billion constant LCU | 11.42 billion constant LCU | 10 |
| 2000s | 12.62 billion constant LCU | 11.76 billion constant LCU | 13.83 billion constant LCU | 10 |
| 2010s | 12.46 billion constant LCU | 11.78 billion constant LCU | 13.40 billion constant LCU | 10 |
| 2020s | 12.88 billion constant LCU | 10.73 billion constant LCU | 14.68 billion constant LCU | 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 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 14.68 billion constant LCU 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 14.68 billion constant LCU in 2024.
- What is the lowest gross national expenditure recorded in Bahamas?
- The lowest recorded value was 6.76 billion constant LCU in 1993.
- How does Bahamas rank for gross national expenditure?
- Bahamas ranks 151st out of 168 countries with data for 2024.
- Is gross national expenditure rising or falling in Bahamas?
- Over the last ten years it is up 17.3%. 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.