Imports of goods and services (constant LCU), per unit of GDP in Bahamas
Bahamas: Imports of goods and services (constant LCU), per unit of GDP was 0.3214 constant LCU per US$ of GDP in 2024. ▼ Falling
Imports of goods and services (constant LCU), per unit of GDP in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, imports of goods and services (constant lcu), per unit of gdp in Bahamas stood at 0.3214 constant LCU per US$ of GDP.
Compared with earlier readings it is up 8.7% on the previous year and down 19.3% over ten years.
Over the whole period, imports of goods and services (constant lcu), per unit of gdp in Bahamas peaked at 0.7573 constant LCU per US$ of GDP in 1989 and was at its lowest, 0.2819 constant LCU per US$ of GDP, in 2022.
Bahamas ranks 158th of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Imports of goods and services (constant LCU), per unit of GDP in Bahamas, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1989 | 0.7573 constant LCU per US$ of GDP | — |
| 1990 | 0.7355 constant LCU per US$ of GDP | -2.9% |
| 1991 | 0.7197 constant LCU per US$ of GDP | -2.1% |
| 1992 | 0.6676 constant LCU per US$ of GDP | -7.2% |
| 1993 | 0.6657 constant LCU per US$ of GDP | -0.3% |
| 1994 | 0.6775 constant LCU per US$ of GDP | +1.8% |
| 1995 | 0.6635 constant LCU per US$ of GDP | -2.1% |
| 1996 | 0.6948 constant LCU per US$ of GDP | +4.7% |
| 1997 | 0.5385 constant LCU per US$ of GDP | -22.5% |
| 1998 | 0.5658 constant LCU per US$ of GDP | +5.1% |
| 1999 | 0.5181 constant LCU per US$ of GDP | -8.4% |
| 2000 | 0.5199 constant LCU per US$ of GDP | +0.4% |
| 2001 | 0.4858 constant LCU per US$ of GDP | -6.6% |
| 2002 | 0.4424 constant LCU per US$ of GDP | -8.9% |
| 2003 | 0.4444 constant LCU per US$ of GDP | +0.5% |
| 2004 | 0.4507 constant LCU per US$ of GDP | +1.4% |
| 2005 | 0.4742 constant LCU per US$ of GDP | +5.2% |
| 2006 | 0.5148 constant LCU per US$ of GDP | +8.6% |
| 2007 | 0.4747 constant LCU per US$ of GDP | -7.8% |
| 2008 | 0.4507 constant LCU per US$ of GDP | -5.1% |
| 2009 | 0.4172 constant LCU per US$ of GDP | -7.4% |
| 2010 | 0.4109 constant LCU per US$ of GDP | -1.5% |
| 2011 | 0.4427 constant LCU per US$ of GDP | +7.7% |
| 2012 | 0.3901 constant LCU per US$ of GDP | -11.9% |
| 2013 | 0.3932 constant LCU per US$ of GDP | +0.8% |
| 2014 | 0.3984 constant LCU per US$ of GDP | +1.3% |
| 2015 | 0.3527 constant LCU per US$ of GDP | -11.5% |
| 2016 | 0.3775 constant LCU per US$ of GDP | +7.0% |
| 2017 | 0.3885 constant LCU per US$ of GDP | +2.9% |
| 2018 | 0.369 constant LCU per US$ of GDP | -5.0% |
| 2019 | 0.3441 constant LCU per US$ of GDP | -6.8% |
| 2020 | 0.3202 constant LCU per US$ of GDP | -7.0% |
| 2021 | 0.3285 constant LCU per US$ of GDP | +2.6% |
| 2022 | 0.2819 constant LCU per US$ of GDP | -14.2% |
| 2023 | 0.2956 constant LCU per US$ of GDP | +4.9% |
| 2024 | 0.3214 constant LCU per US$ of GDP | +8.7% |
Bahamas compared with similar countries
- Bahamas's 0.3214 constant LCU per US$ of GDP is below the median for high income countries, which is 0.6447 constant LCU per US$ of GDP, 50% of the median. (63 countries reporting)
- Bahamas's 0.3214 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.32 constant LCU per US$ of GDP, 24% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7573 constant LCU per US$ of GDP | 0.7573 constant LCU per US$ of GDP | 0.7573 constant LCU per US$ of GDP | 1 |
| 1990s | 0.6447 constant LCU per US$ of GDP | 0.5181 constant LCU per US$ of GDP | 0.7355 constant LCU per US$ of GDP | 10 |
| 2000s | 0.4675 constant LCU per US$ of GDP | 0.4172 constant LCU per US$ of GDP | 0.5199 constant LCU per US$ of GDP | 10 |
| 2010s | 0.3867 constant LCU per US$ of GDP | 0.3441 constant LCU per US$ of GDP | 0.4427 constant LCU per US$ of GDP | 10 |
| 2020s | 0.3095 constant LCU per US$ of GDP | 0.2819 constant LCU per US$ of GDP | 0.3285 constant LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 155 New Zealand 0.3428 constant LCU per US$ of GDP compare
- 156 Bulgaria 0.339 constant LCU per US$ of GDP compare
- 157 Argentina 0.3287 constant LCU per US$ of GDP compare
- 159 Portugal 0.3177 constant LCU per US$ of GDP compare
- 160 Greece 0.3125 constant LCU per US$ of GDP compare
- 161 Turkey 0.3079 constant LCU per US$ of GDP 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (constant lcu), per unit of gdp in Bahamas?
- Imports of goods and services (constant lcu), per unit of gdp in Bahamas was 0.3214 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (constant lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.7573 constant LCU per US$ of GDP in 1989.
- What is the lowest imports of goods and services (constant lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.2819 constant LCU per US$ of GDP in 2022.
- How does Bahamas rank for imports of goods and services (constant lcu), per unit of gdp?
- Bahamas ranks 158th out of 179 countries with data for 2024.
- Is imports of goods and services (constant lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 19.3%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant LCU) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.