Taxes less subsidies on products (constant LCU), annual growth rate in Bahamas
Bahamas: Taxes less subsidies on products (constant LCU), annual growth rate was -7.07 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Bahamas, 1990–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bahamas recorded -7.07 % change on previous year for taxes less subsidies on products (constant lcu), annual growth rate in 2024.
That represents a change of down 10.1% on the previous year and up 23.2% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Bahamas peaked at 84.64 % change on previous year in 2021 and was at its lowest, -38.44 % change on previous year, in 1992.
Bahamas ranks 176th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1990 | -2.97 % change on previous year | — |
| 1991 | 52.02 % change on previous year | -1851.1% |
| 1992 | -38.44 % change on previous year | -173.9% |
| 1993 | -4.17 % change on previous year | -89.1% |
| 1994 | 7.56 % change on previous year | -281.2% |
| 1995 | 7.52 % change on previous year | -0.6% |
| 1996 | 8.31 % change on previous year | +10.5% |
| 1997 | 7.29 % change on previous year | -12.2% |
| 1998 | 9.01 % change on previous year | +23.6% |
| 1999 | 7.87 % change on previous year | -12.6% |
| 2000 | 7.8 % change on previous year | -0.9% |
| 2001 | 5.26 % change on previous year | -32.6% |
| 2002 | -6.64 % change on previous year | -226.3% |
| 2003 | 1.12 % change on previous year | -116.8% |
| 2004 | -2.59 % change on previous year | -332.3% |
| 2005 | -1.46 % change on previous year | -43.6% |
| 2006 | 15 % change on previous year | -1126.2% |
| 2007 | 1.59 % change on previous year | -89.4% |
| 2008 | -0.6154 % change on previous year | -138.8% |
| 2009 | -10.52 % change on previous year | +1609.5% |
| 2010 | -7.51 % change on previous year | -28.6% |
| 2011 | 6.1 % change on previous year | -181.3% |
| 2012 | 10.7 % change on previous year | +75.2% |
| 2013 | 1.9 % change on previous year | -82.3% |
| 2014 | -9.21 % change on previous year | -585.1% |
| 2015 | -3.88 % change on previous year | -57.9% |
| 2016 | -3.26 % change on previous year | -16.0% |
| 2017 | 6.95 % change on previous year | -313.4% |
| 2018 | -1.07 % change on previous year | -115.4% |
| 2019 | -6.22 % change on previous year | +481.1% |
| 2020 | -24.31 % change on previous year | +290.6% |
| 2021 | 84.64 % change on previous year | -448.2% |
| 2022 | -3.81 % change on previous year | -104.5% |
| 2023 | -6.43 % change on previous year | +68.9% |
| 2024 | -7.07 % change on previous year | +10.1% |
Bahamas compared with similar countries
- Bahamas's -7.07 % change on previous year is below the median for high income countries, which is 2.19 % change on previous year. (66 countries reporting)
- Bahamas's -7.07 % change on previous year is below the median for Latin America & Caribbean, which is 2.7 % change on previous year. (37 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 1991 | +1851.1% | -2.97 % change on previous year | 52.02 % change on previous year |
| 2009 | -1609.5% | -0.6154 % change on previous year | -10.52 % change on previous year |
| 2006 | +1126.2% | -1.46 % change on previous year | 15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.4 % change on previous year | -38.44 % change on previous year | 52.02 % change on previous year | 10 |
| 2000s | 0.8932 % change on previous year | -10.52 % change on previous year | 15 % change on previous year | 10 |
| 2010s | -0.5497 % change on previous year | -9.21 % change on previous year | 10.7 % change on previous year | 10 |
| 2020s | 8.6 % change on previous year | -24.31 % change on previous year | 84.64 % change on previous year | 5 |
Countries ranked near Bahamas
- 173 Sudan -2.77 % change on previous year compare
- 174 Lesotho -4.5 % change on previous year compare
- 175 Bolivia -5.91 % change on previous year compare
- 177 Lebanon -7.62 % change on previous year compare
- 178 Bangladesh -8.47 % change on previous year compare
- 179 Venezuela -8.9 % change on previous year 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 taxes less subsidies on products (constant lcu), annual growth rate in Bahamas?
- Taxes less subsidies on products (constant lcu), annual growth rate in Bahamas was -7.07 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 84.64 % change on previous year in 2021.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -38.44 % change on previous year in 1992.
- How does Bahamas rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Bahamas ranks 176th out of 188 countries with data for 2024.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is up 23.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.