Net trade in goods (BoP, current US$), annual growth rate in Bahamas
Bahamas: Net trade in goods (BoP, current US$), annual growth rate was -15.86 % change on previous year in 2024. ◆ Volatile
Net trade in goods (BoP, current US$), annual growth rate in Bahamas, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net trade in goods (bop, current us$), annual growth rate in Bahamas stood at -15.86 % change on previous year.
Compared with earlier readings it is down 229.0% on the previous year and down 17.2% over ten years.
Over the whole period, net trade in goods (bop, current us$), annual growth rate in Bahamas peaked at 31.17 % change on previous year in 2020 and was at its lowest, -64.86 % change on previous year, in 2021.
That places Bahamas 137th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | -16.36 % change on previous year | — |
| 1978 | -29.18 % change on previous year | +78.4% |
| 1979 | -38.32 % change on previous year | +31.3% |
| 1980 | -25.8 % change on previous year | -32.7% |
| 1981 | -9.65 % change on previous year | -62.6% |
| 1982 | 5.81 % change on previous year | -160.2% |
| 1983 | -11.79 % change on previous year | -302.9% |
| 1984 | -4.74 % change on previous year | -59.8% |
| 1985 | -8.53 % change on previous year | +79.8% |
| 1986 | -8.9 % change on previous year | +4.4% |
| 1987 | -11.18 % change on previous year | +25.6% |
| 1988 | 0.1782 % change on previous year | -101.6% |
| 1989 | -35.52 % change on previous year | -20027.1% |
| 1990 | 12.55 % change on previous year | -135.3% |
| 1991 | -2.56 % change on previous year | -120.4% |
| 1992 | 6.02 % change on previous year | -335.2% |
| 1993 | 3.87 % change on previous year | -35.8% |
| 1994 | -10.47 % change on previous year | -370.7% |
| 1995 | -14.23 % change on previous year | +35.8% |
| 1996 | -8.89 % change on previous year | -37.5% |
| 1997 | -10.02 % change on previous year | +12.7% |
| 1998 | -23.17 % change on previous year | +131.3% |
| 1999 | 7.55 % change on previous year | -132.6% |
| 2000 | -19.51 % change on previous year | -358.3% |
| 2001 | 8.63 % change on previous year | -144.2% |
| 2002 | 4.35 % change on previous year | -49.6% |
| 2003 | -0.3813 % change on previous year | -108.8% |
| 2004 | -7.31 % change on previous year | +1816.2% |
| 2005 | -27.91 % change on previous year | +282.0% |
| 2006 | -12.83 % change on previous year | -54.0% |
| 2007 | -4.46 % change on previous year | -65.2% |
| 2008 | -4.09 % change on previous year | -8.3% |
| 2009 | 18.64 % change on previous year | -555.6% |
| 2010 | -3.5 % change on previous year | -118.8% |
| 2011 | -12.87 % change on previous year | +267.2% |
| 2012 | -12.63 % change on previous year | -1.8% |
| 2013 | 7.93 % change on previous year | -162.8% |
| 2014 | -13.54 % change on previous year | -270.7% |
| 2015 | 3.06 % change on previous year | -122.6% |
| 2016 | 11.64 % change on previous year | +280.5% |
| 2017 | -18.05 % change on previous year | -255.1% |
| 2018 | -5.38 % change on previous year | -70.2% |
| 2019 | 13.5 % change on previous year | -350.8% |
| 2020 | 31.17 % change on previous year | +130.9% |
| 2021 | -64.86 % change on previous year | -308.1% |
| 2022 | -16.73 % change on previous year | -74.2% |
| 2023 | -4.82 % change on previous year | -71.2% |
| 2024 | -15.86 % change on previous year | +229.0% |
Bahamas compared with similar countries
- Bahamas's -15.86 % change on previous year is below the median for high income countries, which is -3.79 % change on previous year, 4.2× the median. (71 countries reporting)
- Bahamas's -15.86 % change on previous year is below the median for Latin America & Caribbean, which is -6.76 % change on previous year, 2.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods (BoP, current US$), annual growth rate in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | -20027.1% | 0.1782 % change on previous year | -35.52 % change on previous year |
| 2004 | -1816.2% | -0.3813 % change on previous year | -7.31 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -27.95 % change on previous year | -38.32 % change on previous year | -16.36 % change on previous year | 3 |
| 1980s | -11.01 % change on previous year | -35.52 % change on previous year | 5.81 % change on previous year | 10 |
| 1990s | -3.93 % change on previous year | -23.17 % change on previous year | 12.55 % change on previous year | 10 |
| 2000s | -4.49 % change on previous year | -27.91 % change on previous year | 18.64 % change on previous year | 10 |
| 2010s | -2.98 % change on previous year | -18.05 % change on previous year | 13.5 % change on previous year | 10 |
| 2020s | -14.22 % change on previous year | -64.86 % change on previous year | 31.17 % change on previous year | 5 |
Countries ranked near Bahamas
- 134 Malaysia -14.33 % change on previous year compare
- 135 Vanuatu -14.35 % change on previous year compare
- 136 Uzbekistan -14.69 % change on previous year compare
- 138 Kiribati -16.02 % change on previous year compare
- 139 Switzerland -16.53 % change on previous year compare
- 140 Gambia -16.83 % change on previous year compare
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods (bop, current us$), annual growth rate in Bahamas?
- Net trade in goods (bop, current us$), annual growth rate in Bahamas was -15.86 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods (bop, current us$), annual growth rate recorded in Bahamas?
- The highest recorded value was 31.17 % change on previous year in 2020.
- What is the lowest net trade in goods (bop, current us$), annual growth rate recorded in Bahamas?
- The lowest recorded value was -64.86 % change on previous year in 2021.
- How does Bahamas rank for net trade in goods (bop, current us$), annual growth rate?
- Bahamas ranks 137th out of 199 countries with data for 2024.
- Is net trade in goods (bop, current us$), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.