Gross national expenditure (current LCU), annual growth rate in Bahamas
Bahamas: Gross national expenditure (current LCU), annual growth rate was 8.52 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (current LCU), annual growth rate in Bahamas, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national expenditure (current lcu), annual growth rate in Bahamas is 8.52 % change on previous year, measured in 2024.
That represents a change of down 16.2% on the previous year and up 6.9% over ten years.
Over the whole period, gross national expenditure (current lcu), annual growth rate in Bahamas peaked at 50.96 % change on previous year in 1997 and was at its lowest, -14.35 % change on previous year, in 2020.
Bahamas ranks 77th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 18.65 % change on previous year | — |
| 1979 | 47.39 % change on previous year | +154.1% |
| 1980 | 18.65 % change on previous year | -60.7% |
| 1981 | 9.71 % change on previous year | -47.9% |
| 1982 | 9.22 % change on previous year | -5.0% |
| 1983 | 7.07 % change on previous year | -23.2% |
| 1984 | 22.01 % change on previous year | +211.0% |
| 1985 | 13.41 % change on previous year | -39.1% |
| 1986 | 6.1 % change on previous year | -54.5% |
| 1987 | 10.23 % change on previous year | +67.7% |
| 1990 | 1.01 % change on previous year | -90.2% |
| 1991 | 2.33 % change on previous year | +131.7% |
| 1992 | -3.03 % change on previous year | -230.0% |
| 1993 | -3.64 % change on previous year | +20.2% |
| 1994 | 8.65 % change on previous year | -337.2% |
| 1995 | 8.73 % change on previous year | +1.0% |
| 1996 | 9.9 % change on previous year | +13.4% |
| 1997 | 50.96 % change on previous year | +414.5% |
| 1998 | 11.96 % change on previous year | -76.5% |
| 1999 | 5.6 % change on previous year | -53.2% |
| 2000 | 5.97 % change on previous year | +6.5% |
| 2001 | 3.34 % change on previous year | -44.0% |
| 2002 | -0.4583 % change on previous year | -113.7% |
| 2003 | 1.44 % change on previous year | -413.3% |
| 2004 | 1.86 % change on previous year | +29.7% |
| 2005 | 14.33 % change on previous year | +669.7% |
| 2006 | 12.76 % change on previous year | -11.0% |
| 2007 | 0.2074 % change on previous year | -98.4% |
| 2008 | -0.014 % change on previous year | -106.7% |
| 2009 | -5.71 % change on previous year | +40705.7% |
| 2010 | 2.01 % change on previous year | -135.2% |
| 2011 | 4.36 % change on previous year | +117.5% |
| 2012 | 7.53 % change on previous year | +72.7% |
| 2013 | -4.63 % change on previous year | -161.5% |
| 2014 | 7.98 % change on previous year | -272.1% |
| 2015 | -1.05 % change on previous year | -113.1% |
| 2016 | 1.64 % change on previous year | -256.2% |
| 2017 | 9.82 % change on previous year | +500.8% |
| 2018 | 0.2544 % change on previous year | -97.4% |
| 2019 | -1.02 % change on previous year | -501.1% |
| 2020 | -14.35 % change on previous year | +1306.3% |
| 2021 | 16.66 % change on previous year | -216.1% |
| 2022 | 5.51 % change on previous year | -67.0% |
| 2023 | 10.17 % change on previous year | +84.6% |
| 2024 | 8.52 % change on previous year | -16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.02 % change on previous year | 18.65 % change on previous year | 47.39 % change on previous year | 2 |
| 1980s | 12.05 % change on previous year | 6.1 % change on previous year | 22.01 % change on previous year | 8 |
| 1990s | 9.25 % change on previous year | -3.64 % change on previous year | 50.96 % change on previous year | 10 |
| 2000s | 3.37 % change on previous year | -5.71 % change on previous year | 14.33 % change on previous year | 10 |
| 2010s | 2.69 % change on previous year | -4.63 % change on previous year | 9.82 % change on previous year | 10 |
| 2020s | 5.3 % change on previous year | -14.35 % change on previous year | 16.66 % change on previous year | 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)
- Final consumption expenditure (constant 2015 US$), per capita 26,321 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 8.52 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.04 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 41,040 current US$ per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 41,040 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.73 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9035 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current lcu), annual growth rate in Bahamas?
- Gross national expenditure (current lcu), annual growth rate in Bahamas was 8.52 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 50.96 % change on previous year in 1997.
- What is the lowest gross national expenditure (current lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -14.35 % change on previous year in 2020.
- How does Bahamas rank for gross national expenditure (current lcu), annual growth rate?
- Bahamas ranks 77th out of 185 countries with data for 2024.
- Is gross national expenditure (current lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.