Secondary income, other sectors, payments in Bahamas
Bahamas: Secondary income, other sectors, payments was 287.45 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
287.45 million BoP, current US$
Change on year
up 10.8%
World rank
109th
of 197 countries
All-time high
287.45 million BoP, current US$
in 2024
All-time low
2.30 million BoP, current US$
in 1989
Years of data
49
1976–2024
Secondary income, other sectors, payments in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Bahamas is 287.45 million BoP, current US$, measured in 2024. That is the highest value across all 49 years on record.
The figure is up 10.8% on the previous year and up 140.6% over ten years.
Over the whole period, secondary income, other sectors, payments in Bahamas peaked at 287.45 million BoP, current US$ in 2024 and was at its lowest, 2.30 million BoP, current US$, in 1989.
Bahamas ranks 109th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Bahamas, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 3.00 million BoP, current US$ | — |
| 1977 | 17.00 million BoP, current US$ | +466.7% |
| 1978 | 21.10 million BoP, current US$ | +24.1% |
| 1979 | 14.80 million BoP, current US$ | -29.9% |
| 1980 | 18.30 million BoP, current US$ | +23.6% |
| 1981 | 12.60 million BoP, current US$ | -31.1% |
| 1982 | 16.90 million BoP, current US$ | +34.1% |
| 1983 | 8.80 million BoP, current US$ | -47.9% |
| 1984 | 13.10 million BoP, current US$ | +48.9% |
| 1985 | 13.20 million BoP, current US$ | +0.8% |
| 1986 | 13.70 million BoP, current US$ | +3.8% |
| 1987 | 17.30 million BoP, current US$ | +26.3% |
| 1988 | 27.10 million BoP, current US$ | +56.6% |
| 1989 | 2.30 million BoP, current US$ | -91.5% |
| 1990 | 4.20 million BoP, current US$ | +82.6% |
| 1991 | 2.50 million BoP, current US$ | -40.5% |
| 1992 | 4.20 million BoP, current US$ | +68.0% |
| 1993 | 4.30 million BoP, current US$ | +2.4% |
| 1994 | 3.00 million BoP, current US$ | -30.2% |
| 1995 | 3.90 million BoP, current US$ | +30.0% |
| 1996 | 4.10 million BoP, current US$ | +5.1% |
| 1997 | 5.70 million BoP, current US$ | +39.0% |
| 1998 | 4.90 million BoP, current US$ | -14.0% |
| 1999 | 6.20 million BoP, current US$ | +26.5% |
| 2000 | 5.17 million BoP, current US$ | -16.6% |
| 2001 | 5.12 million BoP, current US$ | -1.0% |
| 2002 | 7.84 million BoP, current US$ | +53.1% |
| 2003 | 6.45 million BoP, current US$ | -17.7% |
| 2004 | 8.10 million BoP, current US$ | +25.6% |
| 2005 | 10.79 million BoP, current US$ | +33.2% |
| 2006 | 7.49 million BoP, current US$ | -30.6% |
| 2007 | 10.31 million BoP, current US$ | +37.7% |
| 2008 | 88.70 million BoP, current US$ | +760.3% |
| 2009 | 74.47 million BoP, current US$ | -16.0% |
| 2010 | 91.15 million BoP, current US$ | +22.4% |
| 2011 | 150.23 million BoP, current US$ | +64.8% |
| 2012 | 111.35 million BoP, current US$ | -25.9% |
| 2013 | 120.53 million BoP, current US$ | +8.2% |
| 2014 | 119.46 million BoP, current US$ | -0.9% |
| 2015 | 177.61 million BoP, current US$ | +48.7% |
| 2016 | 241.85 million BoP, current US$ | +36.2% |
| 2017 | 265.64 million BoP, current US$ | +9.8% |
| 2018 | 261.82 million BoP, current US$ | -1.4% |
| 2019 | 241.65 million BoP, current US$ | -7.7% |
| 2020 | 219.77 million BoP, current US$ | -9.1% |
| 2021 | 214.05 million BoP, current US$ | -2.6% |
| 2022 | 201.19 million BoP, current US$ | -6.0% |
| 2023 | 259.50 million BoP, current US$ | +29.0% |
| 2024 | 287.45 million BoP, current US$ | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.97 million BoP, current US$ | 3.00 million BoP, current US$ | 21.10 million BoP, current US$ | 4 |
| 1980s | 14.33 million BoP, current US$ | 2.30 million BoP, current US$ | 27.10 million BoP, current US$ | 10 |
| 1990s | 4.30 million BoP, current US$ | 2.50 million BoP, current US$ | 6.20 million BoP, current US$ | 10 |
| 2000s | 22.44 million BoP, current US$ | 5.12 million BoP, current US$ | 88.70 million BoP, current US$ | 10 |
| 2010s | 178.13 million BoP, current US$ | 91.15 million BoP, current US$ | 265.64 million BoP, current US$ | 10 |
| 2020s | 236.39 million BoP, current US$ | 201.19 million BoP, current US$ | 287.45 million BoP, current US$ | 5 |
Countries ranked near Bahamas
- 106 Guatemala 320.95 million BoP, current US$ compare
- 107 Algeria 317.19 million BoP, current US$ compare
- 108 Tunisia 310.94 million BoP, current US$ compare
- 110 Bangladesh 280.03 million BoP, current US$ compare
- 111 Guyana 258.12 million BoP, current US$ compare
- 112 Albania 252.81 million BoP, current US$ 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)
- Services, value added (current US$), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7719 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 30,454 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.7719 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 30,454 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.04 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.6616 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is secondary income, other sectors, payments in Bahamas?
- Secondary income, other sectors, payments in Bahamas was 287.45 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Bahamas?
- The highest recorded value was 287.45 million BoP, current US$ in 2024.
- What is the lowest secondary income, other sectors, payments recorded in Bahamas?
- The lowest recorded value was 2.30 million BoP, current US$ in 1989.
- How does Bahamas rank for secondary income, other sectors, payments?
- Bahamas ranks 109th out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Bahamas?
- Over the last ten years it is up 140.6%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.