Households and NPISHs Final consumption expenditure, PPP in Bahamas
Bahamas: Households and NPISHs Final consumption expenditure, PPP was 7.88 billion constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Bahamas, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
Bahamas recorded 7.88 billion constant 2021 international $ for households and npishs final consumption expenditure, ppp in 2024.
That represents a change of up 3.2% on the previous year and up 13.3% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Bahamas peaked at 8.19 billion constant 2021 international $ in 2007 and was at its lowest, 4.52 billion constant 2021 international $, in 1993.
Bahamas ranks 142nd of 170 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Bahamas, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 4.99 billion constant 2021 international $ | — |
| 1991 | 4.77 billion constant 2021 international $ | -4.3% |
| 1992 | 4.53 billion constant 2021 international $ | -5.0% |
| 1993 | 4.52 billion constant 2021 international $ | -0.3% |
| 1994 | 4.62 billion constant 2021 international $ | +2.2% |
| 1995 | 4.96 billion constant 2021 international $ | +7.3% |
| 1996 | 5.27 billion constant 2021 international $ | +6.4% |
| 1997 | 5.77 billion constant 2021 international $ | +9.4% |
| 1998 | 6.44 billion constant 2021 international $ | +11.6% |
| 1999 | 6.96 billion constant 2021 international $ | +8.1% |
| 2000 | 7.12 billion constant 2021 international $ | +2.3% |
| 2001 | 7.18 billion constant 2021 international $ | +0.7% |
| 2002 | 7.44 billion constant 2021 international $ | +3.6% |
| 2003 | 7.38 billion constant 2021 international $ | -0.7% |
| 2004 | 7.27 billion constant 2021 international $ | -1.6% |
| 2005 | 7.85 billion constant 2021 international $ | +8.1% |
| 2006 | 8.09 billion constant 2021 international $ | +2.9% |
| 2007 | 8.19 billion constant 2021 international $ | +1.2% |
| 2008 | 7.89 billion constant 2021 international $ | -3.6% |
| 2009 | 7.10 billion constant 2021 international $ | -10.0% |
| 2010 | 7.17 billion constant 2021 international $ | +1.0% |
| 2011 | 7.02 billion constant 2021 international $ | -2.2% |
| 2012 | 6.73 billion constant 2021 international $ | -4.2% |
| 2013 | 6.60 billion constant 2021 international $ | -1.9% |
| 2014 | 6.95 billion constant 2021 international $ | +5.3% |
| 2015 | 7.06 billion constant 2021 international $ | +1.5% |
| 2016 | 7.17 billion constant 2021 international $ | +1.5% |
| 2017 | 7.65 billion constant 2021 international $ | +6.8% |
| 2018 | 7.69 billion constant 2021 international $ | +0.5% |
| 2019 | 6.89 billion constant 2021 international $ | -10.4% |
| 2020 | 5.63 billion constant 2021 international $ | -18.3% |
| 2021 | 6.85 billion constant 2021 international $ | +21.6% |
| 2022 | 6.99 billion constant 2021 international $ | +2.2% |
| 2023 | 7.63 billion constant 2021 international $ | +9.1% |
| 2024 | 7.88 billion constant 2021 international $ | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.28 billion constant 2021 international $ | 4.52 billion constant 2021 international $ | 6.96 billion constant 2021 international $ | 10 |
| 2000s | 7.55 billion constant 2021 international $ | 7.10 billion constant 2021 international $ | 8.19 billion constant 2021 international $ | 10 |
| 2010s | 7.09 billion constant 2021 international $ | 6.60 billion constant 2021 international $ | 7.69 billion constant 2021 international $ | 10 |
| 2020s | 7.00 billion constant 2021 international $ | 5.63 billion constant 2021 international $ | 7.88 billion constant 2021 international $ | 5 |
Countries ranked near Bahamas
- 139 Iceland 12.46 billion constant 2021 international $ compare
- 140 Brunei Darussalam 9.60 billion constant 2021 international $ compare
- 141 Burundi 8.32 billion constant 2021 international $ compare
- 143 Eswatini 7.57 billion constant 2021 international $ compare
- 144 Gambia 6.95 billion constant 2021 international $ compare
- 145 Djibouti 6.17 billion constant 2021 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)
- Total reserves minus gold (current US$), annual growth rate 4.79 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1662 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 6,559 current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1291 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 5,094 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.1291 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Bahamas?
- Households and npishs final consumption expenditure, ppp in Bahamas was 7.88 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Bahamas?
- The highest recorded value was 8.19 billion constant 2021 international $ in 2007.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Bahamas?
- The lowest recorded value was 4.52 billion constant 2021 international $ in 1993.
- How does Bahamas rank for households and npishs final consumption expenditure, ppp?
- Bahamas ranks 142nd out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Bahamas?
- Over the last ten years it is up 13.3%. 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), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in constant 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 indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. 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.