Service imports (BoP, current US$), per unit of GDP in Bahamas
Bahamas: Service imports (BoP, current US$), per unit of GDP was 0.1562 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.1562 BoP, current US$ per US$ of GDP
Change on year
up 8.5%
World rank
57th
of 199 countries
All-time high
0.2921 BoP, current US$ per US$ of GDP
in 1977
All-time low
0.1079 BoP, current US$ per US$ of GDP
in 2015
Years of data
49
1976–2024
Service imports (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 imports (bop, current us$), per unit of gdp in Bahamas stood at 0.1562 BoP, current US$ per US$ of GDP.
That represents a change of up 8.5% on the previous year and up 0.7% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Bahamas peaked at 0.2921 BoP, current US$ per US$ of GDP in 1977 and was at its lowest, 0.1079 BoP, current US$ per US$ of GDP, in 2015.
Bahamas ranks 57th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Service imports (BoP, current US$), per unit of GDP in Bahamas, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.2138 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.2921 BoP, current US$ per US$ of GDP | +36.6% |
| 1978 | 0.2365 BoP, current US$ per US$ of GDP | -19.0% |
| 1979 | 0.1999 BoP, current US$ per US$ of GDP | -15.5% |
| 1980 | 0.1975 BoP, current US$ per US$ of GDP | -1.2% |
| 1981 | 0.2177 BoP, current US$ per US$ of GDP | +10.3% |
| 1982 | 0.2193 BoP, current US$ per US$ of GDP | +0.7% |
| 1983 | 0.2157 BoP, current US$ per US$ of GDP | -1.6% |
| 1984 | 0.1752 BoP, current US$ per US$ of GDP | -18.8% |
| 1985 | 0.1682 BoP, current US$ per US$ of GDP | -4.0% |
| 1986 | 0.1689 BoP, current US$ per US$ of GDP | +0.4% |
| 1987 | 0.1702 BoP, current US$ per US$ of GDP | +0.7% |
| 1988 | 0.1743 BoP, current US$ per US$ of GDP | +2.4% |
| 1989 | 0.1705 BoP, current US$ per US$ of GDP | -2.2% |
| 1990 | 0.181 BoP, current US$ per US$ of GDP | +6.2% |
| 1991 | 0.1765 BoP, current US$ per US$ of GDP | -2.5% |
| 1992 | 0.1658 BoP, current US$ per US$ of GDP | -6.1% |
| 1993 | 0.1836 BoP, current US$ per US$ of GDP | +10.7% |
| 1994 | 0.1925 BoP, current US$ per US$ of GDP | +4.8% |
| 1995 | 0.1864 BoP, current US$ per US$ of GDP | -3.2% |
| 1996 | 0.1983 BoP, current US$ per US$ of GDP | +6.4% |
| 1997 | 0.132 BoP, current US$ per US$ of GDP | -33.4% |
| 1998 | 0.145 BoP, current US$ per US$ of GDP | +9.8% |
| 1999 | 0.1215 BoP, current US$ per US$ of GDP | -16.2% |
| 2000 | 0.127 BoP, current US$ per US$ of GDP | +4.5% |
| 2001 | 0.117 BoP, current US$ per US$ of GDP | -7.9% |
| 2002 | 0.1144 BoP, current US$ per US$ of GDP | -2.2% |
| 2003 | 0.1232 BoP, current US$ per US$ of GDP | +7.6% |
| 2004 | 0.136 BoP, current US$ per US$ of GDP | +10.4% |
| 2005 | 0.1308 BoP, current US$ per US$ of GDP | -3.8% |
| 2006 | 0.1584 BoP, current US$ per US$ of GDP | +21.1% |
| 2007 | 0.1488 BoP, current US$ per US$ of GDP | -6.1% |
| 2008 | 0.1333 BoP, current US$ per US$ of GDP | -10.4% |
| 2009 | 0.1198 BoP, current US$ per US$ of GDP | -10.1% |
| 2010 | 0.117 BoP, current US$ per US$ of GDP | -2.4% |
| 2011 | 0.1283 BoP, current US$ per US$ of GDP | +9.7% |
| 2012 | 0.1434 BoP, current US$ per US$ of GDP | +11.8% |
| 2013 | 0.1554 BoP, current US$ per US$ of GDP | +8.4% |
| 2014 | 0.1551 BoP, current US$ per US$ of GDP | -0.2% |
| 2015 | 0.1079 BoP, current US$ per US$ of GDP | -30.4% |
| 2016 | 0.1545 BoP, current US$ per US$ of GDP | +43.1% |
| 2017 | 0.1456 BoP, current US$ per US$ of GDP | -5.7% |
| 2018 | 0.1404 BoP, current US$ per US$ of GDP | -3.6% |
| 2019 | 0.1379 BoP, current US$ per US$ of GDP | -1.8% |
| 2020 | 0.1338 BoP, current US$ per US$ of GDP | -2.9% |
| 2021 | 0.1398 BoP, current US$ per US$ of GDP | +4.5% |
| 2022 | 0.1413 BoP, current US$ per US$ of GDP | +1.1% |
| 2023 | 0.1439 BoP, current US$ per US$ of GDP | +1.9% |
| 2024 | 0.1562 BoP, current US$ per US$ of GDP | +8.5% |
Bahamas compared with similar countries
- Bahamas's 0.1562 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.1373 BoP, current US$ per US$ of GDP, 1.1× the median. (72 countries reporting)
- Bahamas's 0.1562 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1035 BoP, current US$ per US$ of GDP, 1.5× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2356 BoP, current US$ per US$ of GDP | 0.1999 BoP, current US$ per US$ of GDP | 0.2921 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.1878 BoP, current US$ per US$ of GDP | 0.1682 BoP, current US$ per US$ of GDP | 0.2193 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1683 BoP, current US$ per US$ of GDP | 0.1215 BoP, current US$ per US$ of GDP | 0.1983 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1309 BoP, current US$ per US$ of GDP | 0.1144 BoP, current US$ per US$ of GDP | 0.1584 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1386 BoP, current US$ per US$ of GDP | 0.1079 BoP, current US$ per US$ of GDP | 0.1554 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.143 BoP, current US$ per US$ of GDP | 0.1338 BoP, current US$ per US$ of GDP | 0.1562 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Bahamas
- 54 Faroe Islands 0.1573 BoP, current US$ per US$ of GDP compare
- 55 Jamaica 0.1571 BoP, current US$ per US$ of GDP compare
- 56 Solomon Islands 0.1568 BoP, current US$ per US$ of GDP compare
- 58 Palau 0.1557 BoP, current US$ per US$ of GDP compare
- 59 Iceland 0.1549 BoP, current US$ per US$ of GDP compare
- 60 Finland 0.1544 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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is service imports (bop, current us$), per unit of gdp in Bahamas?
- Service imports (bop, current us$), per unit of gdp in Bahamas was 0.1562 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.2921 BoP, current US$ per US$ of GDP in 1977.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.1079 BoP, current US$ per US$ of GDP in 2015.
- How does Bahamas rank for service imports (bop, current us$), per unit of gdp?
- Bahamas ranks 57th out of 199 countries with data for 2024.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is up 0.7%. 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 imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.