Households and NPISHs Final consumption expenditure per capita, PPP in Bahamas
Bahamas: Households and NPISHs Final consumption expenditure per capita, PPP was 22,922 current international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Bahamas, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in current international $.
Analysis
In 2024, households and npishs final consumption expenditure per capita, ppp in Bahamas stood at 22,922 current international $. That is the highest value across all 35 years on record.
That represents a change of up 7.3% on the previous year and up 34.6% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Bahamas peaked at 22,922 current international $ in 2024 and was at its lowest, 9,620 current international $, in 1992.
Bahamas ranks 53rd of 182 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Bahamas, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 10,411 current international $ | — |
| 1991 | 10,269 current international $ | -1.4% |
| 1992 | 9,620 current international $ | -6.3% |
| 1993 | 9,714 current international $ | +1.0% |
| 1994 | 9,983 current international $ | +2.8% |
| 1995 | 10,831 current international $ | +8.5% |
| 1996 | 11,656 current international $ | +7.6% |
| 1997 | 10,284 current international $ | -11.8% |
| 1998 | 11,181 current international $ | +8.7% |
| 1999 | 11,999 current international $ | +7.3% |
| 2000 | 12,507 current international $ | +4.2% |
| 2001 | 13,548 current international $ | +8.3% |
| 2002 | 13,329 current international $ | -1.6% |
| 2003 | 13,323 current international $ | -0.0% |
| 2004 | 13,796 current international $ | +3.6% |
| 2005 | 15,313 current international $ | +11.0% |
| 2006 | 16,310 current international $ | +6.5% |
| 2007 | 16,547 current international $ | +1.5% |
| 2008 | 16,307 current international $ | -1.5% |
| 2009 | 14,741 current international $ | -9.6% |
| 2010 | 15,028 current international $ | +2.0% |
| 2011 | 15,122 current international $ | +0.6% |
| 2012 | 16,783 current international $ | +11.0% |
| 2013 | 16,256 current international $ | -3.1% |
| 2014 | 17,034 current international $ | +4.8% |
| 2015 | 17,239 current international $ | +1.2% |
| 2016 | 17,655 current international $ | +2.4% |
| 2017 | 18,868 current international $ | +6.9% |
| 2018 | 18,902 current international $ | +0.2% |
| 2019 | 17,286 current international $ | -8.6% |
| 2020 | 14,091 current international $ | -18.5% |
| 2021 | 17,271 current international $ | +22.6% |
| 2022 | 18,946 current international $ | +9.7% |
| 2023 | 21,359 current international $ | +12.7% |
| 2024 | 22,922 current international $ | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,595 current international $ | 9,620 current international $ | 11,999 current international $ | 10 |
| 2000s | 14,572 current international $ | 12,507 current international $ | 16,547 current international $ | 10 |
| 2010s | 17,018 current international $ | 15,028 current international $ | 18,902 current international $ | 10 |
| 2020s | 18,918 current international $ | 14,091 current international $ | 22,922 current international $ | 5 |
Countries ranked near Bahamas
- 50 Hungary 23,505 current international $ compare
- 51 Seychelles 23,476 current international $ compare
- 52 Brunei Darussalam 23,443 current international $ compare
- 54 Kuwait 22,799 current international $ compare
- 55 Türkiye 22,624 current international $ compare
- 56 Qatar 22,237 current international $ 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.15 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.643 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 25,369 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.23 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5311 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,956 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.63 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7721 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Bahamas?
- Households and npishs final consumption expenditure per capita, ppp in Bahamas was 22,922 current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Bahamas?
- The highest recorded value was 22,922 current international $ in 2024.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Bahamas?
- The lowest recorded value was 9,620 current international $ in 1992.
- How does Bahamas rank for households and npishs final consumption expenditure per capita, ppp?
- Bahamas ranks 53rd out of 182 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Bahamas?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.