Revenue Statistics in Latin America and the Caribbean - Comparative in Bahamas
Bahamas: Revenue Statistics in Latin America and the Caribbean - Comparative was 19.35 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Latin America and the Caribbean - Comparative in Bahamas, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in latin america and the caribbean - comparative in Bahamas is 19.35 Percentage of GDP, measured in 2024.
The figure is up 6.0% on the previous year and up 44.6% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative in Bahamas peaked at 20.04 Percentage of GDP in 2020 and was at its lowest, 9.51 Percentage of GDP, in 1991.
That places Bahamas 21st out of 29 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Revenue Statistics in Latin America and the Caribbean - Comparative in Bahamas, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 9.67 Percentage of GDP | — |
| 1991 | 9.51 Percentage of GDP | -1.7% |
| 1992 | 10.53 Percentage of GDP | +10.7% |
| 1993 | 10.74 Percentage of GDP | +2.1% |
| 1994 | 11.19 Percentage of GDP | +4.2% |
| 1995 | 11.29 Percentage of GDP | +0.9% |
| 1996 | 11.11 Percentage of GDP | -1.7% |
| 1997 | 11.18 Percentage of GDP | +0.7% |
| 1998 | 11.35 Percentage of GDP | +1.5% |
| 1999 | 10.82 Percentage of GDP | -4.6% |
| 2000 | 11.94 Percentage of GDP | +10.3% |
| 2001 | 11.67 Percentage of GDP | -2.3% |
| 2002 | 10.06 Percentage of GDP | -13.8% |
| 2003 | 10.56 Percentage of GDP | +5.0% |
| 2004 | 10.56 Percentage of GDP | -0.0% |
| 2005 | 10.78 Percentage of GDP | +2.1% |
| 2006 | 12.23 Percentage of GDP | +13.4% |
| 2007 | 12.81 Percentage of GDP | +4.7% |
| 2008 | 13.51 Percentage of GDP | +5.5% |
| 2009 | 12.92 Percentage of GDP | -4.4% |
| 2010 | 12.64 Percentage of GDP | -2.1% |
| 2011 | 14.77 Percentage of GDP | +16.8% |
| 2012 | 13.8 Percentage of GDP | -6.6% |
| 2013 | 13.79 Percentage of GDP | -0.1% |
| 2014 | 13.38 Percentage of GDP | -3.0% |
| 2015 | 14.88 Percentage of GDP | +11.2% |
| 2016 | 16.33 Percentage of GDP | +9.8% |
| 2017 | 17.02 Percentage of GDP | +4.2% |
| 2018 | 16.53 Percentage of GDP | -2.9% |
| 2019 | 18.72 Percentage of GDP | +13.2% |
| 2020 | 20.04 Percentage of GDP | +7.0% |
| 2021 | 15.53 Percentage of GDP | -22.5% |
| 2022 | 17.53 Percentage of GDP | +12.9% |
| 2023 | 18.25 Percentage of GDP | +4.1% |
| 2024 | 19.35 Percentage of GDP | +6.0% |
Bahamas compared with similar countries
- Bahamas's 19.35 Percentage of GDP is below the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 91% of the median. (29 countries reporting)
- Bahamas's 19.35 Percentage of GDP is below the median for high income countries, which is 20.48 Percentage of GDP, 94% of the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.74 Percentage of GDP | 9.51 Percentage of GDP | 11.35 Percentage of GDP | 10 |
| 2000s | 11.71 Percentage of GDP | 10.06 Percentage of GDP | 13.51 Percentage of GDP | 10 |
| 2010s | 15.19 Percentage of GDP | 12.64 Percentage of GDP | 18.72 Percentage of GDP | 10 |
| 2020s | 18.14 Percentage of GDP | 15.53 Percentage of GDP | 20.04 Percentage of GDP | 5 |
Countries ranked near Bahamas
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 revenue statistics in latin america and the caribbean - comparative in Bahamas?
- Revenue statistics in latin america and the caribbean - comparative in Bahamas was 19.35 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in latin america and the caribbean - comparative recorded in Bahamas?
- The highest recorded value was 20.04 Percentage of GDP in 2020.
- What is the lowest revenue statistics in latin america and the caribbean - comparative recorded in Bahamas?
- The lowest recorded value was 9.51 Percentage of GDP in 1991.
- How does Bahamas rank for revenue statistics in latin america and the caribbean - comparative?
- Bahamas ranks 21st out of 29 countries with data for 2024.
- Is revenue statistics in latin america and the caribbean - comparative rising or falling in Bahamas?
- Over the last ten years it is up 44.6%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.