Gross national expenditure in Bahamas
Bahamas: Gross national expenditure was 104.0% in 2024. ▲ Rising
Gross national expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Bahamas recorded 104.0% for gross national expenditure in 2024.
That represents a change of up 4.7% on the previous year and down 2.8% over ten years.
Over the whole period, gross national expenditure in Bahamas peaked at 114.5% in 1996 and was at its lowest, 83.5%, in 1977.
Bahamas ranks 86th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Gross national expenditure in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 83.5% | — |
| 1978 | 84.9% | +1.6% |
| 1979 | 91.3% | +7.6% |
| 1980 | 92.5% | +1.3% |
| 1981 | 95.0% | +2.7% |
| 1982 | 93.8% | -1.3% |
| 1983 | 91.4% | -2.5% |
| 1984 | 94.7% | +3.6% |
| 1985 | 94.5% | -0.3% |
| 1986 | 94.1% | -0.4% |
| 1987 | 94.5% | +0.4% |
| 1989 | 107.6% | +13.9% |
| 1990 | 105.1% | -2.3% |
| 1991 | 109.4% | +4.1% |
| 1992 | 106.2% | -3.0% |
| 1993 | 102.9% | -3.1% |
| 1994 | 106.1% | +3.1% |
| 1995 | 109.6% | +3.3% |
| 1996 | 114.5% | +4.4% |
| 1997 | 98.5% | -14.0% |
| 1998 | 102.2% | +3.8% |
| 1999 | 95.9% | -6.1% |
| 2000 | 96.7% | +0.8% |
| 2001 | 97.1% | +0.3% |
| 2002 | 90.5% | -6.8% |
| 2003 | 91.9% | +1.6% |
| 2004 | 91.7% | -0.2% |
| 2005 | 96.5% | +5.3% |
| 2006 | 105.3% | +9.1% |
| 2007 | 101.0% | -4.0% |
| 2008 | 101.9% | +0.9% |
| 2009 | 101.3% | -0.6% |
| 2010 | 102.2% | +0.9% |
| 2011 | 106.9% | +4.6% |
| 2012 | 108.0% | +1.0% |
| 2013 | 105.4% | -2.4% |
| 2014 | 107.0% | +1.5% |
| 2015 | 99.7% | -6.9% |
| 2016 | 100.9% | +1.3% |
| 2017 | 105.8% | +4.8% |
| 2018 | 103.0% | -2.7% |
| 2019 | 98.4% | -4.4% |
| 2020 | 108.0% | +9.7% |
| 2021 | 108.5% | +0.4% |
| 2022 | 99.1% | -8.6% |
| 2023 | 99.4% | +0.3% |
| 2024 | 104.0% | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 86.6% | 83.5% | 91.3% | 3 |
| 1980s | 95.3% | 91.4% | 107.6% | 9 |
| 1990s | 105.0% | 95.9% | 114.5% | 10 |
| 2000s | 97.4% | 90.5% | 105.3% | 10 |
| 2010s | 103.7% | 98.4% | 108.0% | 10 |
| 2020s | 103.8% | 99.1% | 108.5% | 5 |
Countries ranked near Bahamas
- 83 Dominican Republic 104.2% compare
- 84 Bolivia, Plurinational State of 104.1% compare
- 85 Syrian Arab Republic 104.1%
- 87 Sri Lanka 103.9% compare
- 88 United States of America 103.1% compare
- 89 Benin 103.0% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in Bahamas?
- Gross national expenditure in Bahamas was 104.0% 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 114.5% in 1996.
- What is the lowest gross national expenditure recorded in Bahamas?
- The lowest recorded value was 83.5% in 1977.
- How does Bahamas rank for gross national expenditure?
- Bahamas ranks 86th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Bahamas?
- Over the last ten years it is down 2.8%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.