Imports of goods, services and primary income in Bahamas
Bahamas: Imports of goods, services and primary income was 7.99 billion BoP, current US$ in 2024. ◆ Volatile
Imports of goods, services and primary income in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for imports of goods, services and primary income in Bahamas is 7.99 billion BoP, current US$, measured in 2024. That is the highest value across all 49 years on record.
That represents a change of up 10.6% on the previous year and up 43.6% over ten years.
Over the whole period, imports of goods, services and primary income in Bahamas peaked at 7.99 billion BoP, current US$ in 2024 and was at its lowest, 606.90 million BoP, current US$, in 1976.
That places Bahamas 138th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Bahamas, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 606.90 million BoP, current US$ | — |
| 1977 | 686.30 million BoP, current US$ | +13.1% |
| 1978 | 799.50 million BoP, current US$ | +16.5% |
| 1979 | 969.80 million BoP, current US$ | +21.3% |
| 1980 | 1.21 billion BoP, current US$ | +25.0% |
| 1981 | 1.28 billion BoP, current US$ | +5.3% |
| 1982 | 1.26 billion BoP, current US$ | -1.6% |
| 1983 | 1.35 billion BoP, current US$ | +7.5% |
| 1984 | 1.41 billion BoP, current US$ | +4.3% |
| 1985 | 1.52 billion BoP, current US$ | +7.8% |
| 1986 | 1.56 billion BoP, current US$ | +2.9% |
| 1987 | 1.66 billion BoP, current US$ | +6.4% |
| 1988 | 1.66 billion BoP, current US$ | -0.3% |
| 1989 | 2.02 billion BoP, current US$ | +22.0% |
| 1990 | 2.06 billion BoP, current US$ | +1.8% |
| 1991 | 1.97 billion BoP, current US$ | -4.2% |
| 1992 | 1.69 billion BoP, current US$ | -14.5% |
| 1993 | 1.74 billion BoP, current US$ | +3.1% |
| 1994 | 1.84 billion BoP, current US$ | +5.8% |
| 1995 | 2.01 billion BoP, current US$ | +9.1% |
| 1996 | 2.24 billion BoP, current US$ | +11.5% |
| 1997 | 2.50 billion BoP, current US$ | +12.0% |
| 1998 | 3.07 billion BoP, current US$ | +22.7% |
| 1999 | 3.13 billion BoP, current US$ | +1.9% |
| 2000 | 3.47 billion BoP, current US$ | +10.7% |
| 2001 | 3.16 billion BoP, current US$ | -8.8% |
| 2002 | 3.06 billion BoP, current US$ | -3.3% |
| 2003 | 3.08 billion BoP, current US$ | +0.8% |
| 2004 | 3.36 billion BoP, current US$ | +9.0% |
| 2005 | 3.94 billion BoP, current US$ | +17.4% |
| 2006 | 4.71 billion BoP, current US$ | +19.6% |
| 2007 | 4.89 billion BoP, current US$ | +3.7% |
| 2008 | 4.80 billion BoP, current US$ | -1.8% |
| 2009 | 3.94 billion BoP, current US$ | -17.9% |
| 2010 | 4.05 billion BoP, current US$ | +2.7% |
| 2011 | 4.55 billion BoP, current US$ | +12.4% |
| 2012 | 5.24 billion BoP, current US$ | +15.2% |
| 2013 | 5.17 billion BoP, current US$ | -1.3% |
| 2014 | 5.57 billion BoP, current US$ | +7.6% |
| 2015 | 4.68 billion BoP, current US$ | -15.9% |
| 2016 | 4.95 billion BoP, current US$ | +5.9% |
| 2017 | 5.33 billion BoP, current US$ | +7.6% |
| 2018 | 5.84 billion BoP, current US$ | +9.6% |
| 2019 | 5.48 billion BoP, current US$ | -6.2% |
| 2020 | 3.89 billion BoP, current US$ | -29.0% |
| 2021 | 5.71 billion BoP, current US$ | +47.0% |
| 2022 | 6.77 billion BoP, current US$ | +18.5% |
| 2023 | 7.22 billion BoP, current US$ | +6.7% |
| 2024 | 7.99 billion BoP, current US$ | +10.6% |
Bahamas compared with similar countries
- Bahamas's 7.99 billion BoP, current US$ is below the median for high income countries, which is 76.45 billion BoP, current US$, 10% of the median. (72 countries reporting)
- Bahamas's 7.99 billion BoP, current US$ is below the median for Latin America & Caribbean, which is 12.64 billion BoP, current US$, 63% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 765.62 million BoP, current US$ | 606.90 million BoP, current US$ | 969.80 million BoP, current US$ | 4 |
| 1980s | 1.49 billion BoP, current US$ | 1.21 billion BoP, current US$ | 2.02 billion BoP, current US$ | 10 |
| 1990s | 2.22 billion BoP, current US$ | 1.69 billion BoP, current US$ | 3.13 billion BoP, current US$ | 10 |
| 2000s | 3.84 billion BoP, current US$ | 3.06 billion BoP, current US$ | 4.89 billion BoP, current US$ | 10 |
| 2010s | 5.09 billion BoP, current US$ | 4.05 billion BoP, current US$ | 5.84 billion BoP, current US$ | 10 |
| 2020s | 6.32 billion BoP, current US$ | 3.89 billion BoP, current US$ | 7.99 billion BoP, current US$ | 5 |
Countries ranked near Bahamas
- 135 Yemen 8.64 billion BoP, current US$ compare
- 136 Brunei Darussalam 8.33 billion BoP, current US$ compare
- 137 Mali 8.24 billion BoP, current US$ compare
- 139 Afghanistan 7.03 billion BoP, current US$ compare
- 140 Rwanda 6.90 billion BoP, current US$ compare
- 141 Benin 6.72 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)
- 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is imports of goods, services and primary income in Bahamas?
- Imports of goods, services and primary income in Bahamas was 7.99 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Bahamas?
- The highest recorded value was 7.99 billion BoP, current US$ in 2024.
- What is the lowest imports of goods, services and primary income recorded in Bahamas?
- The lowest recorded value was 606.90 million BoP, current US$ in 1976.
- How does Bahamas rank for imports of goods, services and primary income?
- Bahamas ranks 138th out of 200 countries with data for 2024.
- Is imports of goods, services and primary income rising or falling in Bahamas?
- Over the last ten years it is up 43.6%. 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, services and primary income (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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.