Gross savings in Bahamas
Bahamas: Gross savings was 3.04 billion current US$ in 2024. ◆ Volatile
Gross savings in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Bahamas stood at 3.04 billion current US$. That is the highest value across all 47 years on record.
The figure is up 5.2% on the previous year and up 29.7% over ten years.
Over the whole period, gross savings in Bahamas peaked at 3.04 billion current US$ in 2024 and was at its lowest, 80.20 million current US$, in 1978.
Bahamas ranks 128th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 112.90 million current US$ | — |
| 1978 | 80.20 million current US$ | -29.0% |
| 1979 | 109.60 million current US$ | +36.7% |
| 1980 | 210.50 million current US$ | +92.1% |
| 1981 | 188.10 million current US$ | -10.6% |
| 1982 | 311.40 million current US$ | +65.6% |
| 1983 | 371.80 million current US$ | +19.4% |
| 1984 | 279.90 million current US$ | -24.7% |
| 1985 | 394.90 million current US$ | +41.1% |
| 1986 | 419.30 million current US$ | +6.2% |
| 1987 | 474.70 million current US$ | +13.2% |
| 1989 | 606.51 million current US$ | +27.8% |
| 1990 | 602.62 million current US$ | -0.6% |
| 1991 | 451.69 million current US$ | -25.0% |
| 1992 | 602.80 million current US$ | +33.5% |
| 1993 | 527.57 million current US$ | -12.5% |
| 1994 | 534.96 million current US$ | +1.4% |
| 1995 | 1.09 billion current US$ | +103.7% |
| 1996 | 1.43 billion current US$ | +31.0% |
| 1997 | 1.82 billion current US$ | +27.8% |
| 1998 | 1.88 billion current US$ | +3.2% |
| 1999 | 2.60 billion current US$ | +38.1% |
| 2000 | 2.64 billion current US$ | +1.5% |
| 2001 | 2.39 billion current US$ | -9.4% |
| 2002 | 2.85 billion current US$ | +19.3% |
| 2003 | 2.77 billion current US$ | -3.0% |
| 2004 | 2.96 billion current US$ | +7.0% |
| 2005 | 2.93 billion current US$ | -0.9% |
| 2006 | 2.70 billion current US$ | -7.9% |
| 2007 | 2.95 billion current US$ | +9.1% |
| 2008 | 2.80 billion current US$ | -5.2% |
| 2009 | 2.53 billion current US$ | -9.6% |
| 2010 | 2.37 billion current US$ | -6.4% |
| 2011 | 2.07 billion current US$ | -12.5% |
| 2012 | 2.23 billion current US$ | +7.8% |
| 2013 | 2.20 billion current US$ | -1.6% |
| 2014 | 2.34 billion current US$ | +6.7% |
| 2015 | 2.47 billion current US$ | +5.5% |
| 2016 | 2.71 billion current US$ | +9.6% |
| 2017 | 2.11 billion current US$ | -22.3% |
| 2018 | 2.00 billion current US$ | -5.1% |
| 2019 | 2.89 billion current US$ | +44.5% |
| 2020 | 907.22 million current US$ | -68.6% |
| 2021 | 1.13 billion current US$ | +24.4% |
| 2022 | 2.75 billion current US$ | +143.4% |
| 2023 | 2.89 billion current US$ | +5.3% |
| 2024 | 3.04 billion current US$ | +5.2% |
Bahamas compared with similar countries
- Bahamas's 3.04 billion current US$ is below the median for high income countries, which is 58.75 billion current US$, 5% of the median. (63 countries reporting)
- Bahamas's 3.04 billion current US$ is below the median for Latin America & Caribbean, which is 13.25 billion current US$, 23% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +143.4% | 1.13 billion current US$ | 2.75 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.90 million current US$ | 80.20 million current US$ | 112.90 million current US$ | 3 |
| 1980s | 361.90 million current US$ | 188.10 million current US$ | 606.51 million current US$ | 9 |
| 1990s | 1.15 billion current US$ | 451.69 million current US$ | 2.60 billion current US$ | 10 |
| 2000s | 2.75 billion current US$ | 2.39 billion current US$ | 2.96 billion current US$ | 10 |
| 2010s | 2.34 billion current US$ | 2.00 billion current US$ | 2.89 billion current US$ | 10 |
| 2020s | 2.14 billion current US$ | 907.22 million current US$ | 3.04 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)
- 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Bahamas?
- Gross savings in Bahamas was 3.04 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Bahamas?
- The highest recorded value was 3.04 billion current US$ in 2024.
- What is the lowest gross savings recorded in Bahamas?
- The lowest recorded value was 80.20 million current US$ in 1978.
- How does Bahamas rank for gross savings?
- Bahamas ranks 128th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Bahamas?
- Over the last ten years it is up 29.7%. 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 Offices (NSOs), published as part of Gross savings (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
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.