Share of household consumption in GDP vs. GDP per capita in Bahamas
Bahamas: Share of household consumption in GDP vs. GDP per capita was 59.3% in 2023. ▲ Rising
Latest (2023)
59.3%
Change on year
up 6.3%
World rank
101st
of 184 countries
All-time high
72.0%
in 1991
All-time low
40.6%
in 1988
Years of data
54
1970–2023
Share of household consumption in GDP vs. GDP per capita in Bahamas, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2023, share of household consumption in gdp vs. gdp per capita in Bahamas stood at 59.3%.
Compared with earlier readings it is up 6.3% on the previous year and down 8.6% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Bahamas peaked at 72.0% in 1991 and was at its lowest, 40.6%, in 1988.
Bahamas ranks 101st of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Share of household consumption in GDP vs. GDP per capita in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 60.8% | — |
| 1971 | 56.3% | -7.4% |
| 1972 | 56.5% | +0.3% |
| 1973 | 51.8% | -8.4% |
| 1974 | 45.3% | -12.5% |
| 1975 | 52.0% | +14.8% |
| 1976 | 50.3% | -3.3% |
| 1977 | 53.4% | +6.3% |
| 1978 | 47.8% | -10.5% |
| 1979 | 59.8% | +25.1% |
| 1980 | 47.6% | -20.5% |
| 1981 | 55.6% | +16.8% |
| 1982 | 52.4% | -5.7% |
| 1983 | 48.2% | -8.0% |
| 1984 | 52.1% | +8.1% |
| 1985 | 48.1% | -7.8% |
| 1986 | 50.9% | +5.9% |
| 1987 | 45.1% | -11.3% |
| 1988 | 40.6% | -10.1% |
| 1989 | 62.4% | +53.9% |
| 1990 | 69.4% | +11.2% |
| 1991 | 72.0% | +3.6% |
| 1992 | 58.4% | -18.8% |
| 1993 | 64.1% | +9.7% |
| 1994 | 65.3% | +1.9% |
| 1995 | 71.4% | +9.4% |
| 1996 | 62.3% | -12.7% |
| 1997 | 68.4% | +9.7% |
| 1998 | 68.9% | +0.8% |
| 1999 | 65.5% | -4.9% |
| 2000 | 61.9% | -5.5% |
| 2001 | 65.7% | +6.2% |
| 2002 | 56.3% | -14.4% |
| 2003 | 57.9% | +2.9% |
| 2004 | 59.4% | +2.6% |
| 2005 | 60.8% | +2.3% |
| 2006 | 67.0% | +10.1% |
| 2007 | 61.7% | -7.9% |
| 2008 | 64.0% | +3.8% |
| 2009 | 56.0% | -12.6% |
| 2010 | 59.8% | +6.8% |
| 2011 | 57.3% | -4.1% |
| 2012 | 56.9% | -0.7% |
| 2013 | 64.9% | +14.1% |
| 2014 | 60.1% | -7.4% |
| 2015 | 63.3% | +5.2% |
| 2016 | 65.2% | +3.1% |
| 2017 | 66.1% | +1.4% |
| 2018 | 65.2% | -1.4% |
| 2019 | 58.1% | -10.8% |
| 2020 | 62.8% | +8.0% |
| 2021 | 68.1% | +8.5% |
| 2022 | 55.8% | -18.0% |
| 2023 | 59.3% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 53.4% | 45.3% | 60.8% | 10 |
| 1980s | 50.3% | 40.6% | 62.4% | 10 |
| 1990s | 66.6% | 58.4% | 72.0% | 10 |
| 2000s | 61.1% | 56.0% | 67.0% | 10 |
| 2010s | 61.7% | 56.9% | 66.1% | 10 |
| 2020s | 61.5% | 55.8% | 68.1% | 4 |
Countries ranked near Bahamas
- 98 Costa Rica 60.0% compare
- 99 Trinidad and Tobago 59.9% compare
- 100 Bosnia and Herzegovina 59.8% compare
- 102 Saint Lucia 59.3% compare
- 103 Armenia 59.2% compare
- 104 New Zealand 59.1% 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 share of household consumption in gdp vs. gdp per capita in Bahamas?
- Share of household consumption in gdp vs. gdp per capita in Bahamas was 59.3% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Bahamas?
- The highest recorded value was 72.0% in 1991.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Bahamas?
- The lowest recorded value was 40.6% in 1988.
- How does Bahamas rank for share of household consumption in gdp vs. gdp per capita?
- Bahamas ranks 101st out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Bahamas?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.