Tax revenue as share of GDP in Bahamas
Bahamas: Tax revenue as share of GDP was 17.9% in 2017. ▲ Rising
Tax revenue as share of GDP in Bahamas, 1990–2017
Source: OECD (2018) – processed by Our World in Data. Measured in %.
Analysis
In 2017, tax revenue as share of gdp in Bahamas stood at 17.9%. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 39.7% over ten years.
Over the whole period, tax revenue as share of gdp in Bahamas peaked at 17.9% in 2017 and was at its lowest, 9.5%, in 1991.
That places Bahamas 58th out of 77 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Tax revenue as share of GDP in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 9.7% | — |
| 1991 | 9.5% | -1.7% |
| 1992 | 10.5% | +10.7% |
| 1993 | 10.7% | +2.1% |
| 1994 | 11.2% | +4.2% |
| 1995 | 11.3% | +0.9% |
| 1996 | 11.1% | -1.7% |
| 1997 | 11.2% | +0.7% |
| 1998 | 11.3% | +1.5% |
| 1999 | 10.8% | -4.6% |
| 2000 | 11.9% | +10.3% |
| 2001 | 11.7% | -2.3% |
| 2002 | 10.1% | -13.8% |
| 2003 | 10.6% | +5.0% |
| 2004 | 10.6% | -0.0% |
| 2005 | 10.8% | +2.1% |
| 2006 | 12.2% | +13.4% |
| 2007 | 12.8% | +4.7% |
| 2008 | 13.5% | +5.5% |
| 2009 | 12.9% | -4.4% |
| 2010 | 12.6% | -2.1% |
| 2011 | 14.8% | +16.8% |
| 2012 | 13.8% | -6.6% |
| 2013 | 13.6% | -1.5% |
| 2014 | 13.6% | +0.0% |
| 2015 | 14.9% | +9.8% |
| 2016 | 16.8% | +12.4% |
| 2017 | 17.9% | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.7% | 9.5% | 11.3% | 10 |
| 2000s | 11.7% | 10.1% | 13.5% | 10 |
| 2010s | 14.8% | 12.6% | 17.9% | 8 |
Countries ranked near Bahamas
- 55 Cape Verde 19.0% compare
- 56 Colombia 18.8% compare
- 57 Kenya 18.1% compare
- 59 Ghana 17.6% compare
- 60 Philippines 17.5% compare
- 61 Côte d'Ivoire 17.4% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0063 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 248.45 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0063 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 248.45 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0018 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 72.59 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 91.96 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.07 % change on previous year (2024)
Frequently asked questions
- What is tax revenue as share of gdp in Bahamas?
- Tax revenue as share of gdp in Bahamas was 17.9% in 2017, according to OECD (2018) – processed by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Bahamas?
- The highest recorded value was 17.9% in 2017.
- What is the lowest tax revenue as share of gdp recorded in Bahamas?
- The lowest recorded value was 9.5% in 1991.
- How does Bahamas rank for tax revenue as share of gdp?
- Bahamas ranks 58th out of 77 countries with data for 2017.
- Is tax revenue as share of gdp rising or falling in Bahamas?
- Over the last ten years it is up 39.7%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from OECD (2018) – processed by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The level of total tax revenues as a percentage of GDP. Total tax include sub-national revenues, and compulsory social security contributions paid to the general government.