Households and NPISHs final consumption expenditure in Bahamas
Bahamas: Households and NPISHs final consumption expenditure was 64.3% in 2024. ▬ Flat
Households and NPISHs final consumption expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for households and npishs final consumption expenditure in Bahamas is 64.3%, measured in 2024.
That represents a change of up 1.4% on the previous year and down 0.3% over ten years.
Over the whole period, households and npishs final consumption expenditure in Bahamas peaked at 69.6% in 1996 and was at its lowest, 55.7%, in 1977.
That places Bahamas 91st out of 190 countries with data for 2024, putting it in the middle of the range.
Households and NPISHs final consumption expenditure in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 55.7% | — |
| 1978 | 58.1% | +4.4% |
| 1979 | 65.9% | +13.4% |
| 1980 | 61.7% | -6.4% |
| 1981 | 62.3% | +1.0% |
| 1982 | 59.1% | -5.2% |
| 1983 | 57.4% | -2.8% |
| 1984 | 65.4% | +14.0% |
| 1985 | 62.9% | -3.9% |
| 1986 | 63.5% | +1.1% |
| 1987 | 63.7% | +0.2% |
| 1989 | 62.5% | -1.8% |
| 1990 | 62.8% | +0.5% |
| 1991 | 65.9% | +4.9% |
| 1992 | 64.6% | -2.0% |
| 1993 | 66.7% | +3.2% |
| 1994 | 65.4% | -1.9% |
| 1995 | 68.1% | +4.1% |
| 1996 | 69.6% | +2.3% |
| 1997 | 59.4% | -14.8% |
| 1998 | 60.5% | +2.0% |
| 1999 | 58.0% | -4.2% |
| 2000 | 57.3% | -1.2% |
| 2001 | 60.5% | +5.7% |
| 2002 | 56.8% | -6.3% |
| 2003 | 57.9% | +2.0% |
| 2004 | 58.5% | +1.0% |
| 2005 | 59.4% | +1.6% |
| 2006 | 61.5% | +3.5% |
| 2007 | 60.4% | -1.8% |
| 2008 | 61.3% | +1.4% |
| 2009 | 60.6% | -1.1% |
| 2010 | 61.7% | +1.8% |
| 2011 | 63.0% | +2.1% |
| 2012 | 63.6% | +0.9% |
| 2013 | 64.5% | +1.4% |
| 2014 | 64.5% | +0.0% |
| 2015 | 63.7% | -1.3% |
| 2016 | 64.4% | +1.2% |
| 2017 | 66.5% | +3.3% |
| 2018 | 66.1% | -0.7% |
| 2019 | 60.4% | -8.6% |
| 2020 | 63.2% | +4.6% |
| 2021 | 66.7% | +5.6% |
| 2022 | 62.1% | -6.8% |
| 2023 | 63.4% | +2.0% |
| 2024 | 64.3% | +1.4% |
Bahamas compared with similar countries
- Bahamas's 64.3% is above the median for high income countries, which is 52.9%, 1.2× the median. (70 countries reporting)
- Bahamas's 64.3% is below the median for Latin America & Caribbean, which is 68.4%, 94% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 59.9% | 55.7% | 65.9% | 3 |
| 1980s | 62.1% | 57.4% | 65.4% | 9 |
| 1990s | 64.1% | 58.0% | 69.6% | 10 |
| 2000s | 59.4% | 56.8% | 61.5% | 10 |
| 2010s | 63.8% | 60.4% | 66.5% | 10 |
| 2020s | 63.9% | 62.1% | 66.7% | 5 |
Countries ranked near Bahamas
- 88 North Macedonia 65.6% compare
- 89 Uganda 65.2% compare
- 90 Rwanda 64.4% compare
- 92 Belize 64.3% compare
- 93 Uzbekistan 64.1% compare
- 94 Costa Rica 64.0% 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 households and npishs final consumption expenditure in Bahamas?
- Households and npishs final consumption expenditure in Bahamas was 64.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Bahamas?
- The highest recorded value was 69.6% in 1996.
- What is the lowest households and npishs final consumption expenditure recorded in Bahamas?
- The lowest recorded value was 55.7% in 1977.
- How does Bahamas rank for households and npishs final consumption expenditure?
- Bahamas ranks 91st out of 190 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is flat.
- 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 Households and NPISHs final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
This field 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 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.