Service exports (BoP, current US$), per unit of GDP in Bahamas
Bahamas: Service exports (BoP, current US$), per unit of GDP was 0.3725 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Service exports (BoP, current US$), per unit of GDP in Bahamas, 1976–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, service exports (bop, current us$), per unit of gdp in Bahamas stood at 0.3725 BoP, current US$ per US$ of GDP.
The figure is up 10.5% on the previous year and up 52.3% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Bahamas peaked at 0.7289 BoP, current US$ per US$ of GDP in 1977 and was at its lowest, 0.1213 BoP, current US$ per US$ of GDP, in 2020.
Bahamas ranks 24th of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Service exports (BoP, current US$), per unit of GDP in Bahamas, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.6853 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.7289 BoP, current US$ per US$ of GDP | +6.4% |
| 1978 | 0.7005 BoP, current US$ per US$ of GDP | -3.9% |
| 1979 | 0.5765 BoP, current US$ per US$ of GDP | -17.7% |
| 1980 | 0.5587 BoP, current US$ per US$ of GDP | -3.1% |
| 1981 | 0.5521 BoP, current US$ per US$ of GDP | -1.2% |
| 1982 | 0.5031 BoP, current US$ per US$ of GDP | -8.9% |
| 1983 | 0.5143 BoP, current US$ per US$ of GDP | +2.2% |
| 1984 | 0.4562 BoP, current US$ per US$ of GDP | -11.3% |
| 1985 | 0.4834 BoP, current US$ per US$ of GDP | +6.0% |
| 1986 | 0.4969 BoP, current US$ per US$ of GDP | +2.8% |
| 1987 | 0.4663 BoP, current US$ per US$ of GDP | -6.2% |
| 1988 | 0.4525 BoP, current US$ per US$ of GDP | -3.0% |
| 1989 | 0.4815 BoP, current US$ per US$ of GDP | +6.4% |
| 1990 | 0.4738 BoP, current US$ per US$ of GDP | -1.6% |
| 1991 | 0.4352 BoP, current US$ per US$ of GDP | -8.1% |
| 1992 | 0.447 BoP, current US$ per US$ of GDP | +2.7% |
| 1993 | 0.4719 BoP, current US$ per US$ of GDP | +5.6% |
| 1994 | 0.4635 BoP, current US$ per US$ of GDP | -1.8% |
| 1995 | 0.4498 BoP, current US$ per US$ of GDP | -3.0% |
| 1996 | 0.4373 BoP, current US$ per US$ of GDP | -2.8% |
| 1997 | 0.2515 BoP, current US$ per US$ of GDP | -42.5% |
| 1998 | 0.2243 BoP, current US$ per US$ of GDP | -10.8% |
| 1999 | 0.2343 BoP, current US$ per US$ of GDP | +4.5% |
| 2000 | 0.2443 BoP, current US$ per US$ of GDP | +4.3% |
| 2001 | 0.2169 BoP, current US$ per US$ of GDP | -11.2% |
| 2002 | 0.2322 BoP, current US$ per US$ of GDP | +7.0% |
| 2003 | 0.2316 BoP, current US$ per US$ of GDP | -0.2% |
| 2004 | 0.2478 BoP, current US$ per US$ of GDP | +7.0% |
| 2005 | 0.2553 BoP, current US$ per US$ of GDP | +3.0% |
| 2006 | 0.2396 BoP, current US$ per US$ of GDP | -6.1% |
| 2007 | 0.2448 BoP, current US$ per US$ of GDP | +2.2% |
| 2008 | 0.2407 BoP, current US$ per US$ of GDP | -1.7% |
| 2009 | 0.2355 BoP, current US$ per US$ of GDP | -2.2% |
| 2010 | 0.247 BoP, current US$ per US$ of GDP | +4.9% |
| 2011 | 0.2476 BoP, current US$ per US$ of GDP | +0.3% |
| 2012 | 0.2511 BoP, current US$ per US$ of GDP | +1.4% |
| 2013 | 0.255 BoP, current US$ per US$ of GDP | +1.6% |
| 2014 | 0.2446 BoP, current US$ per US$ of GDP | -4.1% |
| 2015 | 0.2446 BoP, current US$ per US$ of GDP | -0.0% |
| 2016 | 0.2862 BoP, current US$ per US$ of GDP | +17.0% |
| 2017 | 0.2565 BoP, current US$ per US$ of GDP | -10.4% |
| 2018 | 0.3206 BoP, current US$ per US$ of GDP | +25.0% |
| 2019 | 0.3366 BoP, current US$ per US$ of GDP | +5.0% |
| 2020 | 0.1213 BoP, current US$ per US$ of GDP | -64.0% |
| 2021 | 0.2236 BoP, current US$ per US$ of GDP | +84.3% |
| 2022 | 0.3318 BoP, current US$ per US$ of GDP | +48.4% |
| 2023 | 0.3371 BoP, current US$ per US$ of GDP | +1.6% |
| 2024 | 0.3725 BoP, current US$ per US$ of GDP | +10.5% |
Bahamas compared with similar countries
- Bahamas's 0.3725 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.1868 BoP, current US$ per US$ of GDP, 2.0× the median. (72 countries reporting)
- Bahamas's 0.3725 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1133 BoP, current US$ per US$ of GDP, 3.3× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +84.3% | 0.1213 BoP, current US$ per US$ of GDP | 0.2236 BoP, current US$ per US$ of GDP |
| 2020 | -64.0% | 0.3366 BoP, current US$ per US$ of GDP | 0.1213 BoP, current US$ per US$ of GDP |
| 2022 | +48.4% | 0.2236 BoP, current US$ per US$ of GDP | 0.3318 BoP, current US$ per US$ of GDP |
| 1997 | -42.5% | 0.4373 BoP, current US$ per US$ of GDP | 0.2515 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6728 BoP, current US$ per US$ of GDP | 0.5765 BoP, current US$ per US$ of GDP | 0.7289 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.4965 BoP, current US$ per US$ of GDP | 0.4525 BoP, current US$ per US$ of GDP | 0.5587 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.3889 BoP, current US$ per US$ of GDP | 0.2243 BoP, current US$ per US$ of GDP | 0.4738 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2389 BoP, current US$ per US$ of GDP | 0.2169 BoP, current US$ per US$ of GDP | 0.2553 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.269 BoP, current US$ per US$ of GDP | 0.2446 BoP, current US$ per US$ of GDP | 0.3366 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2773 BoP, current US$ per US$ of GDP | 0.1213 BoP, current US$ per US$ of GDP | 0.3725 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Bahamas
- 21 Kosovo 0.394 BoP, current US$ per US$ of GDP compare
- 21 Kosovo (UNSCR 1244) 0.394 BoP, current US$ per US$ of GDP compare
- 23 Nauru 0.3846 BoP, current US$ per US$ of GDP compare
- 25 Belize 0.365 BoP, current US$ per US$ of GDP compare
- 26 Bahrain 0.3606 BoP, current US$ per US$ of GDP compare
- 27 Fiji 0.3549 BoP, current US$ per US$ of GDP 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)
- 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Bahamas?
- Service exports (bop, current us$), per unit of gdp in Bahamas was 0.3725 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.7289 BoP, current US$ per US$ of GDP in 1977.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.1213 BoP, current US$ per US$ of GDP in 2020.
- How does Bahamas rank for service exports (bop, current us$), per unit of gdp?
- Bahamas ranks 24th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is up 52.3%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.