Imports of goods and services (current LCU), per unit of GDP in Bahamas
Bahamas: Imports of goods and services (current LCU), per unit of GDP was 0.4146 current LCU per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.4146 current LCU per US$ of GDP
Change on year
up 7.0%
World rank
176th
of 193 countries
All-time high
0.6752 current LCU per US$ of GDP
in 1978
All-time low
0.3015 current LCU per US$ of GDP
in 2020
Years of data
47
1977–2024
Imports of goods and services (current LCU), per unit of GDP in Bahamas, 1977–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, imports of goods and services (current lcu), per unit of gdp in Bahamas stood at 0.4146 current LCU per US$ of GDP.
The figure is up 7.0% on the previous year and down 4.0% over ten years.
Over the whole period, imports of goods and services (current lcu), per unit of gdp in Bahamas peaked at 0.6752 current LCU per US$ of GDP in 1978 and was at its lowest, 0.3015 current LCU per US$ of GDP, in 2020.
That places Bahamas 176th out of 193 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Imports of goods and services (current LCU), per unit of GDP in Bahamas, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.6614 current LCU per US$ of GDP | — |
| 1978 | 0.6752 current LCU per US$ of GDP | +2.1% |
| 1979 | 0.602 current LCU per US$ of GDP | -10.8% |
| 1980 | 0.6288 current LCU per US$ of GDP | +4.4% |
| 1981 | 0.6237 current LCU per US$ of GDP | -0.8% |
| 1982 | 0.5955 current LCU per US$ of GDP | -4.5% |
| 1983 | 0.5802 current LCU per US$ of GDP | -2.6% |
| 1984 | 0.5831 current LCU per US$ of GDP | +0.5% |
| 1985 | 0.5927 current LCU per US$ of GDP | +1.7% |
| 1986 | 0.579 current LCU per US$ of GDP | -2.3% |
| 1987 | 0.558 current LCU per US$ of GDP | -3.6% |
| 1989 | 0.5717 current LCU per US$ of GDP | +2.4% |
| 1990 | 0.5596 current LCU per US$ of GDP | -2.1% |
| 1991 | 0.5517 current LCU per US$ of GDP | -1.4% |
| 1992 | 0.5121 current LCU per US$ of GDP | -7.2% |
| 1993 | 0.5139 current LCU per US$ of GDP | +0.3% |
| 1994 | 0.5338 current LCU per US$ of GDP | +3.9% |
| 1995 | 0.5492 current LCU per US$ of GDP | +2.9% |
| 1996 | 0.5782 current LCU per US$ of GDP | +5.3% |
| 1997 | 0.4285 current LCU per US$ of GDP | -25.9% |
| 1998 | 0.4307 current LCU per US$ of GDP | +0.5% |
| 1999 | 0.3925 current LCU per US$ of GDP | -8.9% |
| 2000 | 0.416 current LCU per US$ of GDP | +6.0% |
| 2001 | 0.3843 current LCU per US$ of GDP | -7.6% |
| 2002 | 0.341 current LCU per US$ of GDP | -11.3% |
| 2003 | 0.3525 current LCU per US$ of GDP | +3.4% |
| 2004 | 0.3779 current LCU per US$ of GDP | +7.2% |
| 2005 | 0.4264 current LCU per US$ of GDP | +12.8% |
| 2006 | 0.4924 current LCU per US$ of GDP | +15.5% |
| 2007 | 0.4792 current LCU per US$ of GDP | -2.7% |
| 2008 | 0.4794 current LCU per US$ of GDP | +0.0% |
| 2009 | 0.4233 current LCU per US$ of GDP | -11.7% |
| 2010 | 0.4372 current LCU per US$ of GDP | +3.3% |
| 2011 | 0.509 current LCU per US$ of GDP | +16.4% |
| 2012 | 0.4612 current LCU per US$ of GDP | -9.4% |
| 2013 | 0.4469 current LCU per US$ of GDP | -3.1% |
| 2014 | 0.4317 current LCU per US$ of GDP | -3.4% |
| 2015 | 0.3385 current LCU per US$ of GDP | -21.6% |
| 2016 | 0.3436 current LCU per US$ of GDP | +1.5% |
| 2017 | 0.3661 current LCU per US$ of GDP | +6.5% |
| 2018 | 0.369 current LCU per US$ of GDP | +0.8% |
| 2019 | 0.3381 current LCU per US$ of GDP | -8.4% |
| 2020 | 0.3015 current LCU per US$ of GDP | -10.8% |
| 2021 | 0.3796 current LCU per US$ of GDP | +25.9% |
| 2022 | 0.3882 current LCU per US$ of GDP | +2.3% |
| 2023 | 0.3874 current LCU per US$ of GDP | -0.2% |
| 2024 | 0.4146 current LCU per US$ of GDP | +7.0% |
Bahamas compared with similar countries
- Bahamas's 0.4146 current LCU per US$ of GDP is below the median for high income countries, which is 0.8457 current LCU per US$ of GDP, 49% of the median. (72 countries reporting)
- Bahamas's 0.4146 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.77 current LCU per US$ of GDP, 23% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6462 current LCU per US$ of GDP | 0.602 current LCU per US$ of GDP | 0.6752 current LCU per US$ of GDP | 3 |
| 1980s | 0.5903 current LCU per US$ of GDP | 0.558 current LCU per US$ of GDP | 0.6288 current LCU per US$ of GDP | 9 |
| 1990s | 0.505 current LCU per US$ of GDP | 0.3925 current LCU per US$ of GDP | 0.5782 current LCU per US$ of GDP | 10 |
| 2000s | 0.4172 current LCU per US$ of GDP | 0.341 current LCU per US$ of GDP | 0.4924 current LCU per US$ of GDP | 10 |
| 2010s | 0.4041 current LCU per US$ of GDP | 0.3381 current LCU per US$ of GDP | 0.509 current LCU per US$ of GDP | 10 |
| 2020s | 0.3743 current LCU per US$ of GDP | 0.3015 current LCU per US$ of GDP | 0.4146 current LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 173 Canada 0.4499 current LCU per US$ of GDP compare
- 174 Puerto Rico 0.4358 current LCU per US$ of GDP compare
- 175 New Zealand 0.4289 current LCU per US$ of GDP compare
- 177 Panama 0.3932 current LCU per US$ of GDP compare
- 178 Greece 0.3893 current LCU per US$ of GDP compare
- 179 Portugal 0.3782 current 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (current lcu), per unit of gdp in Bahamas?
- Imports of goods and services (current lcu), per unit of gdp in Bahamas was 0.4146 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.6752 current LCU per US$ of GDP in 1978.
- What is the lowest imports of goods and services (current lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.3015 current LCU per US$ of GDP in 2020.
- How does Bahamas rank for imports of goods and services (current lcu), per unit of gdp?
- Bahamas ranks 176th out of 193 countries with data for 2024.
- Is imports of goods and services (current lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 4.0%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current LCU) ÷ GDP (current US$)
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 (current 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.