Real gdp growth in Bahamas
Bahamas: Real gdp growth was 3.38 in 2024. ◆ Volatile
Latest (2024)
3.38
Change on year
up 10.8%
World rank
104th
of 196 countries
All-time high
17.59
in 2021
All-time low
-20.09
in 2020
Years of data
45
1980–2024
Real gdp growth in Bahamas, 1980–2024
Source: Our World in Data.
Analysis
Bahamas recorded 3.38 for real gdp growth in 2024.
Compared with earlier readings it is up 10.8% on the previous year and up 82.9% over ten years.
Over the whole period, real gdp growth in Bahamas peaked at 17.59 in 2021 and was at its lowest, -20.09, in 2020.
Bahamas ranks 104th of 196 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.47 | -2.9 | 7.1 | 10 |
| 1990s | 2.19 | -4.18 | 7.14 | 10 |
| 2000s | 0.9958 | -4.17 | 4.15 | 10 |
| 2010s | 1.05 | -2.86 | 4.61 | 10 |
| 2020s | 2.96 | -20.09 | 17.59 | 5 |
Countries ranked near Bahamas
- 101 Liechtenstein 3.43 compare
- 102 Turkmenistan 3.42 compare
- 103 Gabon 3.39 compare
- 105 Barbados 3.37 compare
- 106 Seychelles 3.35 compare
- 107 Comoros 3.34 compare
More economy & growth data for Bahamas
- External balance on goods and services as a percent of gdp -3.68 (2024)
- Inflation of consumer prices 0.4092 (2024)
- Gdp per capita worldbank constant usd 33,968 (2024)
- Manufacturing value added to gdp 0.6297 (2024)
- Gdp worldbank constant usd 13.63 billion (2024)
- Gdp per capita in international and market dollars 33,968 (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -29.90 million current US$ (2024)
- Taxes less subsidies on products 1.95 billion current LCU (2024)
Frequently asked questions
- What is real gdp growth in Bahamas?
- Real gdp growth in Bahamas was 3.38 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Bahamas?
- The highest recorded value was 17.59 in 2021.
- What is the lowest real gdp growth recorded in Bahamas?
- The lowest recorded value was -20.09 in 2020.
- How does Bahamas rank for real gdp growth?
- Bahamas ranks 104th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Bahamas?
- Over the last ten years it is up 82.9%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).