Gross national expenditure (current US$) in Bahamas
Bahamas: Gross national expenditure (current US$) 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$, in 1977.
Bahamas ranks 139th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) 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% |
Bahamas compared with similar countries
- Bahamas's 16.47 billion current US$ is below the median for high income countries, which is 195.11 billion current US$, 8% of the median. (66 countries reporting)
- Bahamas's 16.47 billion current US$ is below the median for Latin America & Caribbean, which is 82.16 billion current US$, 20% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 780.87 million current US$ | 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units 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 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 186 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.
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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 indicator is expressed in United States dollars.