Gross national expenditure in Bahamas
Bahamas: Gross national expenditure was 16.47 billion current LCU in 2024. ◆ Volatile
Gross national expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross national expenditure in Bahamas is 16.47 billion current LCU, measured in 2024. That is the highest value across all 47 years on record.
The figure is up 8.5% on the previous year and up 38.1% over ten years.
Over the whole period, gross national expenditure in Bahamas peaked at 16.47 billion current LCU in 2024 and was at its lowest, 595.30 million current LCU, in 1977.
That places Bahamas 166th out of 185 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 national expenditure in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 595.30 million current LCU | — |
| 1978 | 706.30 million current LCU | +18.6% |
| 1979 | 1.04 billion current LCU | +47.4% |
| 1980 | 1.24 billion current LCU | +18.6% |
| 1981 | 1.35 billion current LCU | +9.7% |
| 1982 | 1.48 billion current LCU | +9.2% |
| 1983 | 1.58 billion current LCU | +7.1% |
| 1984 | 1.93 billion current LCU | +22.0% |
| 1985 | 2.19 billion current LCU | +13.4% |
| 1986 | 2.33 billion current LCU | +6.1% |
| 1987 | 2.56 billion current LCU | +10.2% |
| 1989 | 3.29 billion current LCU | +28.5% |
| 1990 | 3.33 billion current LCU | +1.0% |
| 1991 | 3.41 billion current LCU | +2.3% |
| 1992 | 3.30 billion current LCU | -3.0% |
| 1993 | 3.18 billion current LCU | -3.6% |
| 1994 | 3.46 billion current LCU | +8.6% |
| 1995 | 3.76 billion current LCU | +8.7% |
| 1996 | 4.13 billion current LCU | +9.9% |
| 1997 | 6.24 billion current LCU | +51.0% |
| 1998 | 6.98 billion current LCU | +12.0% |
| 1999 | 7.37 billion current LCU | +5.6% |
| 2000 | 7.81 billion current LCU | +6.0% |
| 2001 | 8.07 billion current LCU | +3.3% |
| 2002 | 8.04 billion current LCU | -0.5% |
| 2003 | 8.15 billion current LCU | +1.4% |
| 2004 | 8.30 billion current LCU | +1.9% |
| 2005 | 9.49 billion current LCU | +14.3% |
| 2006 | 10.70 billion current LCU | +12.8% |
| 2007 | 10.73 billion current LCU | +0.2% |
| 2008 | 10.73 billion current LCU | -0.0% |
| 2009 | 10.11 billion current LCU | -5.7% |
| 2010 | 10.32 billion current LCU | +2.0% |
| 2011 | 10.77 billion current LCU | +4.4% |
| 2012 | 11.58 billion current LCU | +7.5% |
| 2013 | 11.04 billion current LCU | -4.6% |
| 2014 | 11.92 billion current LCU | +8.0% |
| 2015 | 11.80 billion current LCU | -1.0% |
| 2016 | 11.99 billion current LCU | +1.6% |
| 2017 | 13.17 billion current LCU | +9.8% |
| 2018 | 13.20 billion current LCU | +0.3% |
| 2019 | 13.07 billion current LCU | -1.0% |
| 2020 | 11.19 billion current LCU | -14.3% |
| 2021 | 13.06 billion current LCU | +16.7% |
| 2022 | 13.78 billion current LCU | +5.5% |
| 2023 | 15.18 billion current LCU | +10.2% |
| 2024 | 16.47 billion current LCU | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 780.87 million current LCU | 595.30 million current LCU | 1.04 billion current LCU | 3 |
| 1980s | 2.00 billion current LCU | 1.24 billion current LCU | 3.29 billion current LCU | 9 |
| 1990s | 4.52 billion current LCU | 3.18 billion current LCU | 7.37 billion current LCU | 10 |
| 2000s | 9.21 billion current LCU | 7.81 billion current LCU | 10.73 billion current LCU | 10 |
| 2010s | 11.88 billion current LCU | 10.32 billion current LCU | 13.20 billion current LCU | 10 |
| 2020s | 13.93 billion current LCU | 11.19 billion current LCU | 16.47 billion current 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)
- GDP (constant 2015 US$), annual growth rate 3.38 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8609 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 33,968 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate 3.38 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 0.8911 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), per capita 35,158 constant LCU per person (2024)
- Gross domestic savings (current US$), annual growth rate 0.5798 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2279 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure in Bahamas?
- Gross national expenditure in Bahamas was 16.47 billion current 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 16.47 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Bahamas?
- The lowest recorded value was 595.30 million current LCU in 1977.
- How does Bahamas rank for gross national expenditure?
- Bahamas ranks 166th out of 185 countries with data for 2024.
- Is gross national expenditure rising or falling in Bahamas?
- Over the last ten years it is up 38.1%. The long-run trend across the full record is volatile.
- 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.