Gross National Income — Value Standard Local Currency in Bahamas
Bahamas: Gross National Income — Value Standard Local Currency was 13,741 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Bahamas, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in Bahamas is 13,741 million SLC, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 11.0% on the previous year and up 36.1% over ten years.
Over the whole period, gross national income — value standard local currency in Bahamas peaked at 13,741 million SLC in 2023 and was at its lowest, 668.31 million SLC, in 1970.
Bahamas ranks 168th of 202 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 Income — Value Standard Local Currency in Bahamas, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 668.31 million SLC | — |
| 1971 | 710.35 million SLC | +6.3% |
| 1972 | 732 million SLC | +3.0% |
| 1973 | 831.13 million SLC | +13.5% |
| 1974 | 866.9 million SLC | +4.3% |
| 1975 | 1,073 million SLC | +23.8% |
| 1976 | 1,173 million SLC | +9.3% |
| 1977 | 1,405 million SLC | +19.8% |
| 1978 | 1,571 million SLC | +11.8% |
| 1979 | 1,874 million SLC | +19.2% |
| 1980 | 1,895 million SLC | +1.1% |
| 1981 | 2,163 million SLC | +14.2% |
| 1982 | 2,214 million SLC | +2.4% |
| 1983 | 2,157 million SLC | -2.6% |
| 1984 | 2,314 million SLC | +7.3% |
| 1985 | 2,704 million SLC | +16.8% |
| 1986 | 3,063 million SLC | +13.3% |
| 1987 | 3,432 million SLC | +12.0% |
| 1988 | 3,880 million SLC | +13.0% |
| 1989 | 4,525 million SLC | +16.6% |
| 1990 | 4,640 million SLC | +2.5% |
| 1991 | 4,565 million SLC | -1.6% |
| 1992 | 4,676 million SLC | +2.4% |
| 1993 | 4,580 million SLC | -2.1% |
| 1994 | 4,819 million SLC | +5.2% |
| 1995 | 5,082 million SLC | +5.5% |
| 1996 | 5,788 million SLC | +13.9% |
| 1997 | 6,272 million SLC | +8.4% |
| 1998 | 6,980 million SLC | +11.3% |
| 1999 | 7,765 million SLC | +11.3% |
| 2000 | 8,139 million SLC | +4.8% |
| 2001 | 8,364 million SLC | +2.8% |
| 2002 | 8,933 million SLC | +6.8% |
| 2003 | 8,972 million SLC | +0.4% |
| 2004 | 9,186 million SLC | +2.4% |
| 2005 | 9,919 million SLC | +8.0% |
| 2006 | 10,265 million SLC | +3.5% |
| 2007 | 10,699 million SLC | +4.2% |
| 2008 | 10,719 million SLC | +0.2% |
| 2009 | 10,055 million SLC | -6.2% |
| 2010 | 10,083 million SLC | +0.3% |
| 2011 | 10,083 million SLC | -0.0% |
| 2012 | 10,441 million SLC | +3.6% |
| 2013 | 10,098 million SLC | -3.3% |
| 2014 | 10,538 million SLC | +4.4% |
| 2015 | 11,177 million SLC | +6.1% |
| 2016 | 11,189 million SLC | +0.1% |
| 2017 | 11,691 million SLC | +4.5% |
| 2018 | 11,781 million SLC | +0.8% |
| 2019 | 12,394 million SLC | +5.2% |
| 2020 | 9,426 million SLC | -24.0% |
| 2021 | 10,657 million SLC | +13.1% |
| 2022 | 12,383 million SLC | +16.2% |
| 2023 | 13,741 million SLC | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,091 million SLC | 668.31 million SLC | 1,874 million SLC | 10 |
| 1980s | 2,835 million SLC | 1,895 million SLC | 4,525 million SLC | 10 |
| 1990s | 5,517 million SLC | 4,565 million SLC | 7,765 million SLC | 10 |
| 2000s | 9,525 million SLC | 8,139 million SLC | 10,719 million SLC | 10 |
| 2010s | 10,948 million SLC | 10,083 million SLC | 12,394 million SLC | 10 |
| 2020s | 11,552 million SLC | 9,426 million SLC | 13,741 million SLC | 4 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.71 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3084 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 12,169 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -311.24 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -311.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 17.44 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0051 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 203.1 current LCU per person (2024)
Frequently asked questions
- What is gross national income — value standard local currency in Bahamas?
- Gross national income — value standard local currency in Bahamas was 13,741 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Bahamas?
- The highest recorded value was 13,741 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Bahamas?
- The lowest recorded value was 668.31 million SLC in 1970.
- How does Bahamas rank for gross national income — value standard local currency?
- Bahamas ranks 168th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Bahamas?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).