Gross national expenditure in Bahamas
Bahamas: Gross national expenditure was 16.47 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Bahamas is 16.47 billion current US$, measured in 2024. That is the highest value across all 47 years on record.
That represents a change of 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 US$ in 2024 and was at its lowest, 595.30 million current US$, in 1977.
Bahamas ranks 139th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 595.30 million current US$ | — |
| 1978 | 706.30 million current US$ | +18.6% |
| 1979 | 1.04 billion current US$ | +47.4% |
| 1980 | 1.24 billion current US$ | +18.6% |
| 1981 | 1.35 billion current US$ | +9.7% |
| 1982 | 1.48 billion current US$ | +9.2% |
| 1983 | 1.58 billion current US$ | +7.1% |
| 1984 | 1.93 billion current US$ | +22.0% |
| 1985 | 2.19 billion current US$ | +13.4% |
| 1986 | 2.33 billion current US$ | +6.1% |
| 1987 | 2.56 billion current US$ | +10.2% |
| 1989 | 3.29 billion current US$ | +28.5% |
| 1990 | 3.33 billion current US$ | +1.0% |
| 1991 | 3.41 billion current US$ | +2.3% |
| 1992 | 3.30 billion current US$ | -3.0% |
| 1993 | 3.18 billion current US$ | -3.6% |
| 1994 | 3.46 billion current US$ | +8.6% |
| 1995 | 3.76 billion current US$ | +8.7% |
| 1996 | 4.13 billion current US$ | +9.9% |
| 1997 | 6.24 billion current US$ | +51.0% |
| 1998 | 6.98 billion current US$ | +12.0% |
| 1999 | 7.37 billion current US$ | +5.6% |
| 2000 | 7.81 billion current US$ | +6.0% |
| 2001 | 8.07 billion current US$ | +3.3% |
| 2002 | 8.04 billion current US$ | -0.5% |
| 2003 | 8.15 billion current US$ | +1.4% |
| 2004 | 8.30 billion current US$ | +1.9% |
| 2005 | 9.49 billion current US$ | +14.3% |
| 2006 | 10.70 billion current US$ | +12.8% |
| 2007 | 10.73 billion current US$ | +0.2% |
| 2008 | 10.73 billion current US$ | -0.0% |
| 2009 | 10.11 billion current US$ | -5.7% |
| 2010 | 10.32 billion current US$ | +2.0% |
| 2011 | 10.77 billion current US$ | +4.4% |
| 2012 | 11.58 billion current US$ | +7.5% |
| 2013 | 11.04 billion current US$ | -4.6% |
| 2014 | 11.92 billion current US$ | +8.0% |
| 2015 | 11.80 billion current US$ | -1.0% |
| 2016 | 11.99 billion current US$ | +1.6% |
| 2017 | 13.17 billion current US$ | +9.8% |
| 2018 | 13.20 billion current US$ | +0.3% |
| 2019 | 13.07 billion current US$ | -1.0% |
| 2020 | 11.19 billion current US$ | -14.3% |
| 2021 | 13.06 billion current US$ | +16.7% |
| 2022 | 13.78 billion current US$ | +5.5% |
| 2023 | 15.18 billion current US$ | +10.2% |
| 2024 | 16.47 billion current US$ | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 780.87 million current US$ | 595.30 million current US$ | 1.04 billion current US$ | 3 |
| 1980s | 2.00 billion current US$ | 1.24 billion current US$ | 3.29 billion current US$ | 9 |
| 1990s | 4.52 billion current US$ | 3.18 billion current US$ | 7.37 billion current US$ | 10 |
| 2000s | 9.21 billion current US$ | 7.81 billion current US$ | 10.73 billion current US$ | 10 |
| 2010s | 11.88 billion current US$ | 10.32 billion current US$ | 13.20 billion current US$ | 10 |
| 2020s | 13.93 billion current US$ | 11.19 billion current US$ | 16.47 billion current US$ | 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)
- GNI (current LCU), annual growth rate 4.66 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.9601 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 37,881 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual 15.46 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 15.46 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 0.159 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1233 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 4,866 current US$ per person (2024)
Frequently asked questions
- What is gross national expenditure in Bahamas?
- Gross national expenditure in Bahamas was 16.47 billion current 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 16.47 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Bahamas?
- The lowest recorded value was 595.30 million current US$ in 1977.
- How does Bahamas rank for gross national expenditure?
- Bahamas ranks 139th 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.