How does Bahamas rank for personal remittances, paid (current us$), per unit of gdp?

Bahamas ranks 50th out of 195 countries with data for 2024.

Is personal remittances, paid (current us$), per unit of gdp rising or falling in Bahamas?

Over the last ten years it is up 49.7%. The long-run trend across the full record is volatile.

Personal remittances, paid (current US$), per unit of GDP in Bahamas

Name: Personal remittances, paid (current US$), per unit of GDP in Bahamas
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Bahamas: Personal remittances, paid (current US$), per unit of GDP was 0.0203 current US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0.0203 current US$ per US$ of GDP

Change on year

up 4.7%

World rank

50th

of 195 countries

All-time high

0.0467 current US$ per US$ of GDP

in 1978

All-time low

0.0058 current US$ per US$ of GDP

in 1998

Years of data

1976–2024

Personal remittances, paid (current US$), per unit of GDP in Bahamas, 1976–2024

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2024, personal remittances, paid (current us$), per unit of gdp in Bahamas stood at 0.0203 current US$ per US$ of GDP.

Compared with earlier readings it is up 4.7% on the previous year and up 49.7% over ten years.

Over the whole period, personal remittances, paid (current us$), per unit of gdp in Bahamas peaked at 0.0467 current US$ per US$ of GDP in 1978 and was at its lowest, 0.0058 current US$ per US$ of GDP, in 1998.

Bahamas ranks 50th of 195 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances, paid (current US$), per unit of GDP in Bahamas, year by year

Annual values for Personal remittances, paid (current US$), per unit of GDP in Bahamas, 1976 to 2024.
Year	current US$ per US$ of GDP	Change
1976	0.0413 current US$ per US$ of GDP	—
1977	0.041 current US$ per US$ of GDP	-0.8%
1978	0.0467 current US$ per US$ of GDP	+14.1%
1979	0.0239 current US$ per US$ of GDP	-48.9%
1980	0.0312 current US$ per US$ of GDP	+30.9%
1981	0.0214 current US$ per US$ of GDP	-31.5%
1982	0.0223 current US$ per US$ of GDP	+4.3%
1983	0.0154 current US$ per US$ of GDP	-30.9%
1984	0.0159 current US$ per US$ of GDP	+3.0%
1985	0.0145 current US$ per US$ of GDP	-8.5%
1986	0.013 current US$ per US$ of GDP	-10.3%
1987	0.0146 current US$ per US$ of GDP	+11.8%
1988	0.0168 current US$ per US$ of GDP	+15.6%
1989	0.013 current US$ per US$ of GDP	-22.9%
1990	0.0122 current US$ per US$ of GDP	-5.7%
1991	0.0159 current US$ per US$ of GDP	+30.2%
1992	0.0093 current US$ per US$ of GDP	-41.8%
1993	0.0088 current US$ per US$ of GDP	-4.7%
1994	0.0086 current US$ per US$ of GDP	-2.7%
1995	0.0092 current US$ per US$ of GDP	+7.6%
1996	0.0092 current US$ per US$ of GDP	-0.5%
1997	0.0058 current US$ per US$ of GDP	-36.8%
1998	0.0058 current US$ per US$ of GDP	-1.0%
1999	0.0061 current US$ per US$ of GDP	+6.6%
2000	0.007 current US$ per US$ of GDP	+13.5%
2001	0.0064 current US$ per US$ of GDP	-7.3%
2002	0.0065 current US$ per US$ of GDP	+0.7%
2003	0.0071 current US$ per US$ of GDP	+8.9%
2004	0.0079 current US$ per US$ of GDP	+11.4%
2005	0.0085 current US$ per US$ of GDP	+8.3%
2006	0.0099 current US$ per US$ of GDP	+15.6%
2007	0.0089 current US$ per US$ of GDP	-9.3%
2008	0.0063 current US$ per US$ of GDP	-30.0%
2009	0.0063 current US$ per US$ of GDP	+1.3%
2010	0.0087 current US$ per US$ of GDP	+37.4%
2011	0.0119 current US$ per US$ of GDP	+36.3%
2012	0.013 current US$ per US$ of GDP	+9.6%
2013	0.0132 current US$ per US$ of GDP	+1.6%
2014	0.0135 current US$ per US$ of GDP	+2.2%
2015	0.0151 current US$ per US$ of GDP	+11.6%
2016	0.0163 current US$ per US$ of GDP	+8.0%
2017	0.0211 current US$ per US$ of GDP	+29.2%
2018	0.0164 current US$ per US$ of GDP	-22.0%
2019	0.0156 current US$ per US$ of GDP	-5.2%
2020	0.0227 current US$ per US$ of GDP	+45.8%
2021	0.0204 current US$ per US$ of GDP	-10.0%
2022	0.0156 current US$ per US$ of GDP	-23.8%
2023	0.0194 current US$ per US$ of GDP	+24.3%
2024	0.0203 current US$ per US$ of GDP	+4.7%

Bahamas compared with similar countries

Bahamas's 0.0203 current US$ per US$ of GDP is above the median for high income countries, which is 0.0111 current US$ per US$ of GDP, 1.8× the median. (71 countries reporting)
Bahamas's 0.0203 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0083 current US$ per US$ of GDP, 2.4× the median. (37 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.0382 current US$ per US$ of GDP	0.0239 current US$ per US$ of GDP	0.0467 current US$ per US$ of GDP	4
1980s	0.0178 current US$ per US$ of GDP	0.013 current US$ per US$ of GDP	0.0312 current US$ per US$ of GDP	10
1990s	0.0091 current US$ per US$ of GDP	0.0058 current US$ per US$ of GDP	0.0159 current US$ per US$ of GDP	10
2000s	0.0075 current US$ per US$ of GDP	0.0063 current US$ per US$ of GDP	0.0099 current US$ per US$ of GDP	10
2010s	0.0145 current US$ per US$ of GDP	0.0087 current US$ per US$ of GDP	0.0211 current US$ per US$ of GDP	10
2020s	0.0197 current US$ per US$ of GDP	0.0156 current US$ per US$ of GDP	0.0227 current US$ per US$ of GDP	5

Countries ranked near Bahamas

47 Armenia 0.0213 current US$ per US$ of GDP compare
48 Croatia 0.0211 current US$ per US$ of GDP compare
49 Bermuda 0.0205 current US$ per US$ of GDP compare
51 Iceland 0.0191 current US$ per US$ of GDP compare
52 Austria 0.0187 current US$ per US$ of GDP compare
53 Malawi 0.0175 current US$ per US$ of GDP compare

See the full ranking of 242 places →

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)

All data for Bahamas →

Frequently asked questions

What is personal remittances, paid (current us$), per unit of gdp in Bahamas?: Personal remittances, paid (current us$), per unit of gdp in Bahamas was 0.0203 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Bahamas?: The highest recorded value was 0.0467 current US$ per US$ of GDP in 1978.
What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Bahamas?: The lowest recorded value was 0.0058 current US$ per US$ of GDP in 1998.
How does Bahamas rank for personal remittances, paid (current us$), per unit of gdp?: Bahamas ranks 50th out of 195 countries with data for 2024.
Is personal remittances, paid (current us$), per unit of gdp rising or falling in Bahamas?: Over the last ten years it is up 49.7%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Personal remittances, paid (current US$), per unit of GDP in Bahamas. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/stat/personal-remittances-paid-current-us-per-unit-of-gdp/bahamas-the/

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How this figure is calculated

Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Personal remittances, paid (current US$) ÷ GDP (current US$)

Computed from

Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
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

Indicator: Personal remittances, paid (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 242 places, 9,632 data points, 1966–2025
Last refreshed: 12 September 2026

Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.