Imports of goods and services in Bahamas
Bahamas: Imports of goods and services was 7.07 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
7.07 billion BoP, current US$
Change on year
up 12.7%
World rank
137th
of 200 countries
All-time high
7.07 billion BoP, current US$
in 2024
All-time low
526.80 million BoP, current US$
in 1976
Years of data
49
1976–2024
Imports of goods and services in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bahamas recorded 7.07 billion BoP, current US$ for imports of goods and services in 2024. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 12.7% on the previous year and up 39.4% over ten years.
Over the whole period, imports of goods and services in Bahamas peaked at 7.07 billion BoP, current US$ in 2024 and was at its lowest, 526.80 million BoP, current US$, in 1976.
Bahamas ranks 137th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Bahamas, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 526.80 million BoP, current US$ | — |
| 1977 | 598.70 million BoP, current US$ | +13.6% |
| 1978 | 664.80 million BoP, current US$ | +11.0% |
| 1979 | 825.30 million BoP, current US$ | +24.1% |
| 1980 | 1.06 billion BoP, current US$ | +29.0% |
| 1981 | 1.11 billion BoP, current US$ | +4.0% |
| 1982 | 1.10 billion BoP, current US$ | -0.6% |
| 1983 | 1.20 billion BoP, current US$ | +8.7% |
| 1984 | 1.22 billion BoP, current US$ | +2.3% |
| 1985 | 1.32 billion BoP, current US$ | +7.6% |
| 1986 | 1.36 billion BoP, current US$ | +3.2% |
| 1987 | 1.46 billion BoP, current US$ | +7.5% |
| 1988 | 1.47 billion BoP, current US$ | +1.0% |
| 1989 | 1.65 billion BoP, current US$ | +12.2% |
| 1990 | 1.65 billion BoP, current US$ | -0.0% |
| 1991 | 1.60 billion BoP, current US$ | -3.5% |
| 1992 | 1.50 billion BoP, current US$ | -6.0% |
| 1993 | 1.50 billion BoP, current US$ | -0.1% |
| 1994 | 1.64 billion BoP, current US$ | +9.6% |
| 1995 | 1.80 billion BoP, current US$ | +9.4% |
| 1996 | 2.00 billion BoP, current US$ | +11.5% |
| 1997 | 2.25 billion BoP, current US$ | +12.2% |
| 1998 | 2.73 billion BoP, current US$ | +21.4% |
| 1999 | 2.61 billion BoP, current US$ | -4.3% |
| 2000 | 3.01 billion BoP, current US$ | +15.2% |
| 2001 | 2.78 billion BoP, current US$ | -7.7% |
| 2002 | 2.77 billion BoP, current US$ | -0.4% |
| 2003 | 2.85 billion BoP, current US$ | +3.1% |
| 2004 | 3.14 billion BoP, current US$ | +10.1% |
| 2005 | 3.66 billion BoP, current US$ | +16.8% |
| 2006 | 4.38 billion BoP, current US$ | +19.5% |
| 2007 | 4.54 billion BoP, current US$ | +3.6% |
| 2008 | 4.60 billion BoP, current US$ | +1.4% |
| 2009 | 3.73 billion BoP, current US$ | -18.9% |
| 2010 | 3.77 billion BoP, current US$ | +1.1% |
| 2011 | 4.26 billion BoP, current US$ | +12.9% |
| 2012 | 4.92 billion BoP, current US$ | +15.6% |
| 2013 | 4.79 billion BoP, current US$ | -2.6% |
| 2014 | 5.07 billion BoP, current US$ | +5.8% |
| 2015 | 4.23 billion BoP, current US$ | -16.6% |
| 2016 | 4.47 billion BoP, current US$ | +5.6% |
| 2017 | 4.92 billion BoP, current US$ | +10.2% |
| 2018 | 5.12 billion BoP, current US$ | +4.0% |
| 2019 | 4.84 billion BoP, current US$ | -5.4% |
| 2020 | 3.41 billion BoP, current US$ | -29.5% |
| 2021 | 4.95 billion BoP, current US$ | +45.0% |
| 2022 | 5.84 billion BoP, current US$ | +18.1% |
| 2023 | 6.27 billion BoP, current US$ | +7.4% |
| 2024 | 7.07 billion BoP, current US$ | +12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 653.90 million BoP, current US$ | 526.80 million BoP, current US$ | 825.30 million BoP, current US$ | 4 |
| 1980s | 1.30 billion BoP, current US$ | 1.06 billion BoP, current US$ | 1.65 billion BoP, current US$ | 10 |
| 1990s | 1.93 billion BoP, current US$ | 1.50 billion BoP, current US$ | 2.73 billion BoP, current US$ | 10 |
| 2000s | 3.55 billion BoP, current US$ | 2.77 billion BoP, current US$ | 4.60 billion BoP, current US$ | 10 |
| 2010s | 4.64 billion BoP, current US$ | 3.77 billion BoP, current US$ | 5.12 billion BoP, current US$ | 10 |
| 2020s | 5.51 billion BoP, current US$ | 3.41 billion BoP, current US$ | 7.07 billion BoP, current US$ | 5 |
Countries ranked near Bahamas
- 134 Burkina Faso 7.29 billion BoP, current US$ compare
- 135 Mali 7.29 billion BoP, current US$ compare
- 136 Papua New Guinea 7.08 billion BoP, current US$ compare
- 138 Afghanistan 6.98 billion BoP, current US$ compare
- 139 Rwanda 6.54 billion BoP, current US$ compare
- 140 Benin 6.19 billion BoP, current US$ 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)
- Final consumption expenditure (constant 2015 US$), per capita 26,321 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 8.52 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.04 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 41,040 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 8.52 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 41,040 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.73 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services in Bahamas?
- Imports of goods and services in Bahamas was 7.07 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Bahamas?
- The highest recorded value was 7.07 billion BoP, current US$ in 2024.
- What is the lowest imports of goods and services recorded in Bahamas?
- The lowest recorded value was 526.80 million BoP, current US$ in 1976.
- How does Bahamas rank for imports of goods and services?
- Bahamas ranks 137th out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Bahamas?
- Over the last ten years it is up 39.4%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.