Value of imported goods as a share of GDP (International Monetary) in Bahamas
Bahamas: Value of imported goods as a share of GDP (International Monetary) was 31.1% in 2024. ◆ Volatile
Value of imported goods as a share of GDP in Bahamas, 1962–2024
Source: International Monetary Fund (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Bahamas recorded 31.1% for value of imported goods as a share of gdp in 2024.
Compared with earlier readings it is up 16.5% on the previous year and down 8.3% over ten years.
Over the whole period, value of imported goods as a share of gdp in Bahamas peaked at 485.8% in 1976 and was at its lowest, 20.7%, in 2020.
That places Bahamas 97th out of 201 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.
Value of imported goods as a share of GDP (International Monetary) in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 1962 | 29.9% | — |
| 1963 | 31.1% | +3.9% |
| 1964 | 35.6% | +14.5% |
| 1966 | 37.8% | +6.2% |
| 1967 | 38.7% | +2.4% |
| 1968 | 37.8% | -2.4% |
| 1969 | 54.0% | +42.8% |
| 1970 | 61.6% | +14.2% |
| 1971 | 88.4% | +43.5% |
| 1972 | 81.2% | -8.2% |
| 1973 | 113.0% | +39.1% |
| 1974 | 299.2% | +164.8% |
| 1975 | 480.2% | +60.5% |
| 1976 | 485.8% | +1.2% |
| 1977 | 468.8% | -3.5% |
| 1978 | 376.3% | -19.7% |
| 1979 | 307.6% | -18.2% |
| 1981 | 188.8% | -38.6% |
| 1982 | 112.9% | -40.2% |
| 1983 | 186.0% | +64.7% |
| 1984 | 197.9% | +6.4% |
| 1985 | 135.4% | -31.6% |
| 1986 | 132.3% | -2.2% |
| 1987 | 111.5% | -15.7% |
| 1988 | 67.3% | -39.6% |
| 1989 | 97.1% | +44.2% |
| 1990 | 72.6% | -25.2% |
| 1991 | 70.7% | -2.5% |
| 1992 | 79.8% | +12.8% |
| 1993 | 105.2% | +31.8% |
| 1994 | 80.4% | -23.5% |
| 1995 | 63.0% | -21.6% |
| 1996 | 104.7% | +66.1% |
| 1997 | 24.9% | -76.2% |
| 1998 | 40.1% | +61.4% |
| 1999 | 41.0% | +2.2% |
| 2000 | 24.7% | -39.9% |
| 2001 | 23.1% | -6.5% |
| 2002 | 21.0% | -8.7% |
| 2003 | 21.1% | +0.1% |
| 2004 | 22.1% | +4.8% |
| 2005 | 26.2% | +18.9% |
| 2006 | 29.3% | +11.8% |
| 2007 | 29.1% | -0.7% |
| 2008 | 31.9% | +9.5% |
| 2009 | 26.9% | -15.8% |
| 2010 | 28.1% | +4.5% |
| 2011 | 33.3% | +18.7% |
| 2012 | 33.2% | -0.3% |
| 2013 | 32.2% | -3.0% |
| 2014 | 33.9% | +5.0% |
| 2015 | 27.7% | -18.2% |
| 2016 | 23.9% | -13.5% |
| 2017 | 27.2% | +13.6% |
| 2018 | 27.5% | +0.9% |
| 2019 | 23.6% | -13.9% |
| 2020 | 20.7% | -12.6% |
| 2021 | 28.1% | +35.9% |
| 2022 | 27.1% | -3.5% |
| 2023 | 26.7% | -1.6% |
| 2024 | 31.1% | +16.5% |
Bahamas compared with similar countries
- Bahamas's 31.1% is above the median for high income countries, which is 30.4%, 1.0× the median. (73 countries reporting)
- Bahamas's 31.1% is above the median for Latin America & Caribbean, which is 29.0%, 1.1× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Value of imported goods as a share of GDP (International Monetary) in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +164.8% | 113.0% | 299.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 37.9% | 29.9% | 54.0% | 7 |
| 1970s | 276.2% | 61.6% | 485.8% | 10 |
| 1980s | 136.6% | 67.3% | 197.9% | 9 |
| 1990s | 68.2% | 24.9% | 105.2% | 10 |
| 2000s | 25.5% | 21.0% | 31.9% | 10 |
| 2010s | 29.1% | 23.6% | 33.9% | 10 |
| 2020s | 26.7% | 20.7% | 31.1% | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Bahamas?
- Value of imported goods as a share of gdp in Bahamas was 31.1% in 2024, according to International Monetary Fund (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Bahamas?
- The highest recorded value was 485.8% in 1976.
- What is the lowest value of imported goods as a share of gdp recorded in Bahamas?
- The lowest recorded value was 20.7% in 2020.
- How does Bahamas rank for value of imported goods as a share of gdp?
- Bahamas ranks 97th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Bahamas?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).