Gross savings (current LCU), per unit of GDP in Bahamas
Bahamas: Gross savings (current LCU), per unit of GDP was 0.1921 current LCU per US$ of GDP in 2024. ▲ Rising
Gross savings (current LCU), per unit of GDP in Bahamas, 1977–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Bahamas is 0.1921 current LCU per US$ of GDP, measured in 2024.
That represents a change of up 1.4% on the previous year and down 8.7% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Bahamas peaked at 0.3958 current LCU per US$ of GDP in 1996 and was at its lowest, 0.0875 current LCU per US$ of GDP, in 2020.
That places Bahamas 154th out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Gross savings (current LCU), per unit of GDP in Bahamas, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.1583 current LCU per US$ of GDP | — |
| 1978 | 0.0963 current LCU per US$ of GDP | -39.2% |
| 1979 | 0.0962 current LCU per US$ of GDP | -0.2% |
| 1980 | 0.1576 current LCU per US$ of GDP | +63.9% |
| 1981 | 0.1319 current LCU per US$ of GDP | -16.4% |
| 1982 | 0.1973 current LCU per US$ of GDP | +49.6% |
| 1983 | 0.2146 current LCU per US$ of GDP | +8.8% |
| 1984 | 0.1371 current LCU per US$ of GDP | -36.1% |
| 1985 | 0.1702 current LCU per US$ of GDP | +24.1% |
| 1986 | 0.1696 current LCU per US$ of GDP | -0.3% |
| 1987 | 0.1749 current LCU per US$ of GDP | +3.1% |
| 1989 | 0.1981 current LCU per US$ of GDP | +13.2% |
| 1990 | 0.1903 current LCU per US$ of GDP | -3.9% |
| 1991 | 0.1452 current LCU per US$ of GDP | -23.7% |
| 1992 | 0.1939 current LCU per US$ of GDP | +33.5% |
| 1993 | 0.1706 current LCU per US$ of GDP | -12.0% |
| 1994 | 0.1641 current LCU per US$ of GDP | -3.8% |
| 1995 | 0.3179 current LCU per US$ of GDP | +93.6% |
| 1996 | 0.3958 current LCU per US$ of GDP | +24.5% |
| 1997 | 0.2882 current LCU per US$ of GDP | -27.2% |
| 1998 | 0.2755 current LCU per US$ of GDP | -4.4% |
| 1999 | 0.3383 current LCU per US$ of GDP | +22.8% |
| 2000 | 0.3268 current LCU per US$ of GDP | -3.4% |
| 2001 | 0.2874 current LCU per US$ of GDP | -12.1% |
| 2002 | 0.3212 current LCU per US$ of GDP | +11.8% |
| 2003 | 0.312 current LCU per US$ of GDP | -2.9% |
| 2004 | 0.327 current LCU per US$ of GDP | +4.8% |
| 2005 | 0.2983 current LCU per US$ of GDP | -8.8% |
| 2006 | 0.266 current LCU per US$ of GDP | -10.9% |
| 2007 | 0.2779 current LCU per US$ of GDP | +4.5% |
| 2008 | 0.2659 current LCU per US$ of GDP | -4.3% |
| 2009 | 0.2535 current LCU per US$ of GDP | -4.7% |
| 2010 | 0.2345 current LCU per US$ of GDP | -7.5% |
| 2011 | 0.2057 current LCU per US$ of GDP | -12.3% |
| 2012 | 0.2084 current LCU per US$ of GDP | +1.3% |
| 2013 | 0.2098 current LCU per US$ of GDP | +0.7% |
| 2014 | 0.2105 current LCU per US$ of GDP | +0.3% |
| 2015 | 0.209 current LCU per US$ of GDP | -0.7% |
| 2016 | 0.2283 current LCU per US$ of GDP | +9.2% |
| 2017 | 0.1694 current LCU per US$ of GDP | -25.8% |
| 2018 | 0.1561 current LCU per US$ of GDP | -7.9% |
| 2019 | 0.2178 current LCU per US$ of GDP | +39.5% |
| 2020 | 0.0875 current LCU per US$ of GDP | -59.8% |
| 2021 | 0.0938 current LCU per US$ of GDP | +7.1% |
| 2022 | 0.1977 current LCU per US$ of GDP | +110.8% |
| 2023 | 0.1894 current LCU per US$ of GDP | -4.2% |
| 2024 | 0.1921 current LCU per US$ of GDP | +1.4% |
Bahamas compared with similar countries
- Bahamas's 0.1921 current LCU per US$ of GDP is below the median for high income countries, which is 0.313 current LCU per US$ of GDP, 61% of the median. (63 countries reporting)
- Bahamas's 0.1921 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.5 current LCU per US$ of GDP, 13% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +110.8% | 0.0938 current LCU per US$ of GDP | 0.1977 current LCU per US$ of GDP |
| 1995 | +93.6% | 0.1641 current LCU per US$ of GDP | 0.3179 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.117 current LCU per US$ of GDP | 0.0962 current LCU per US$ of GDP | 0.1583 current LCU per US$ of GDP | 3 |
| 1980s | 0.1724 current LCU per US$ of GDP | 0.1319 current LCU per US$ of GDP | 0.2146 current LCU per US$ of GDP | 9 |
| 1990s | 0.248 current LCU per US$ of GDP | 0.1452 current LCU per US$ of GDP | 0.3958 current LCU per US$ of GDP | 10 |
| 2000s | 0.2936 current LCU per US$ of GDP | 0.2535 current LCU per US$ of GDP | 0.327 current LCU per US$ of GDP | 10 |
| 2010s | 0.205 current LCU per US$ of GDP | 0.1561 current LCU per US$ of GDP | 0.2345 current LCU per US$ of GDP | 10 |
| 2020s | 0.1521 current LCU per US$ of GDP | 0.0875 current LCU per US$ of GDP | 0.1977 current LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 151 Croatia 0.2045 current LCU per US$ of GDP compare
- 152 Portugal 0.2032 current LCU per US$ of GDP compare
- 153 Kiribati 0.1948 current LCU per US$ of GDP compare
- 155 France 0.1899 current LCU per US$ of GDP compare
- 156 Curacao 0.1896 current LCU per US$ of GDP compare
- 157 Latvia 0.1833 current LCU per US$ of GDP 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Bahamas?
- Gross savings (current lcu), per unit of gdp in Bahamas was 0.1921 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.3958 current LCU per US$ of GDP in 1996.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.0875 current LCU per US$ of GDP in 2020.
- How does Bahamas rank for gross savings (current lcu), per unit of gdp?
- Bahamas ranks 154th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.