Real gdp growth in Bahamas, The
Bahamas, The: Real gdp growth was 3.38 in 2024. ◆ Volatile
Real gdp growth in Bahamas, The, 1980–2024
Source: Our World in Data.
Analysis
Bahamas, The 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, The peaked at 17.59 in 2021 and was at its lowest, -20.09, in 2020.
Bahamas, The 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.
Real gdp growth in Bahamas, The, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 7.1 | — |
| 1981 | -2.9 | -140.8% |
| 1982 | 6.3 | -317.2% |
| 1983 | 6.8 | +7.9% |
| 1984 | 2.4 | -64.7% |
| 1985 | 4.1 | +70.8% |
| 1986 | 2.6 | -36.6% |
| 1987 | 3.7 | +42.3% |
| 1988 | 2.25 | -39.1% |
| 1989 | 2.3 | +2.0% |
| 1990 | 1.05 | -54.3% |
| 1991 | -4.18 | -497.5% |
| 1992 | -3.83 | -8.5% |
| 1993 | 0.308 | -108.1% |
| 1994 | 3.15 | +922.4% |
| 1995 | 4.38 | +39.1% |
| 1996 | 4.22 | -3.5% |
| 1997 | 4.95 | +17.1% |
| 1998 | 4.72 | -4.7% |
| 1999 | 7.14 | +51.5% |
| 2000 | 4.15 | -41.9% |
| 2001 | 2.63 | -36.7% |
| 2002 | 2.71 | +3.0% |
| 2003 | -1.26 | -146.8% |
| 2004 | 0.883 | -169.8% |
| 2005 | 3.4 | +284.5% |
| 2006 | 2.52 | -25.9% |
| 2007 | 1.45 | -42.5% |
| 2008 | -2.32 | -260.6% |
| 2009 | -4.17 | +79.6% |
| 2010 | 1.54 | -136.9% |
| 2011 | 0.613 | -60.2% |
| 2012 | 4.61 | +652.0% |
| 2013 | -2.86 | -162.1% |
| 2014 | 1.85 | -164.5% |
| 2015 | 0.997 | -46.0% |
| 2016 | -1.16 | -215.9% |
| 2017 | 3.37 | -391.6% |
| 2018 | 2.4 | -28.9% |
| 2019 | -0.839 | -135.0% |
| 2020 | -20.09 | +2294.5% |
| 2021 | 17.59 | -187.5% |
| 2022 | 10.88 | -38.2% |
| 2023 | 3.05 | -72.0% |
| 2024 | 3.38 | +10.8% |
Bahamas, The compared with similar countries
- Bahamas, The's 3.38 is above the median for high income countries, which is 2.4, 1.4× the median. (67 countries reporting)
- Bahamas, The's 3.38 is above the median for Latin America & Caribbean, which is 3.37, 1.0× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Bahamas, The 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 |
|---|---|---|---|
| 2020 | -2294.5% | -0.839 | -20.09 |
| 1994 | +922.4% | 0.308 | 3.15 |
| 2012 | +652.0% | 0.613 | 4.61 |
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, The
- 101 Liechtenstein, Principality of 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, Union of the 3.34 compare
More economy & growth data for Bahamas, The
- 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 real gdp growth in Bahamas, The?
- Real gdp growth in Bahamas, The was 3.38 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Bahamas, The?
- The highest recorded value was 17.59 in 2021.
- What is the lowest real gdp growth recorded in Bahamas, The?
- The lowest recorded value was -20.09 in 2020.
- How does Bahamas, The rank for real gdp growth?
- Bahamas, The ranks 104th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Bahamas, The?
- Over the last ten years it is up 82.9%. The long-run trend across the full record is volatile.
- Where does this Bahamas, The 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).