Taxes less subsidies on products (current LCU), annual growth rate in Bahamas
Bahamas: Taxes less subsidies on products (current LCU), annual growth rate was 0.159 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Bahamas, 1980–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in Bahamas is 0.159 % change on previous year, measured in 2024.
The figure is down 98.9% on the previous year and down 95.8% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Bahamas peaked at 59.41 % change on previous year in 2015 and was at its lowest, -40.63 % change on previous year, in 2020.
That places Bahamas 171st out of 197 countries with data for 2024, putting it 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 (current LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1980 | 16.44 % change on previous year | — |
| 1981 | 4.09 % change on previous year | -75.1% |
| 1982 | 2.88 % change on previous year | -29.5% |
| 1983 | 14.01 % change on previous year | +386.0% |
| 1984 | 41.9 % change on previous year | +199.0% |
| 1985 | 19.33 % change on previous year | -53.9% |
| 1986 | 6.5 % change on previous year | -66.4% |
| 1987 | 3.9 % change on previous year | -39.9% |
| 1990 | -1.77 % change on previous year | -145.4% |
| 1991 | 6.95 % change on previous year | -492.0% |
| 1992 | 4.67 % change on previous year | -32.8% |
| 1993 | -13.78 % change on previous year | -395.2% |
| 1994 | 21.32 % change on previous year | -254.7% |
| 1995 | 5.13 % change on previous year | -75.9% |
| 1996 | 6.05 % change on previous year | +17.9% |
| 1997 | 10.59 % change on previous year | +75.0% |
| 1998 | 8.05 % change on previous year | -24.0% |
| 1999 | 7.88 % change on previous year | -2.0% |
| 2000 | 9.13 % change on previous year | +15.7% |
| 2001 | 1.23 % change on previous year | -86.5% |
| 2002 | -4.85 % change on previous year | -494.1% |
| 2003 | 3.18 % change on previous year | -165.6% |
| 2004 | -0.9535 % change on previous year | -130.0% |
| 2005 | 1.73 % change on previous year | -281.5% |
| 2006 | 17.44 % change on previous year | +908.1% |
| 2007 | 7.4 % change on previous year | -57.6% |
| 2008 | 5.38 % change on previous year | -27.3% |
| 2009 | -15.93 % change on previous year | -395.9% |
| 2010 | -3.46 % change on previous year | -78.3% |
| 2011 | 13.77 % change on previous year | -498.5% |
| 2012 | 0 % change on previous year | -100.0% |
| 2013 | -28.79 % change on previous year | — |
| 2014 | 3.77 % change on previous year | -113.1% |
| 2015 | 59.41 % change on previous year | +1473.9% |
| 2016 | 5.47 % change on previous year | -90.8% |
| 2017 | 8.9 % change on previous year | +62.5% |
| 2018 | 4.54 % change on previous year | -49.0% |
| 2019 | 22.39 % change on previous year | +393.7% |
| 2020 | -40.63 % change on previous year | -281.4% |
| 2021 | 46.91 % change on previous year | -215.5% |
| 2022 | 18.06 % change on previous year | -61.5% |
| 2023 | 13.93 % change on previous year | -22.8% |
| 2024 | 0.159 % change on previous year | -98.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.63 % change on previous year | 2.88 % change on previous year | 41.9 % change on previous year | 8 |
| 1990s | 5.51 % change on previous year | -13.78 % change on previous year | 21.32 % change on previous year | 10 |
| 2000s | 2.38 % change on previous year | -15.93 % change on previous year | 17.44 % change on previous year | 10 |
| 2010s | 8.6 % change on previous year | -28.79 % change on previous year | 59.41 % change on previous year | 10 |
| 2020s | 7.69 % change on previous year | -40.63 % change on previous year | 46.91 % change on previous year | 5 |
Countries ranked near Bahamas
- 168 Cyprus 1.74 % change on previous year compare
- 169 Cayman Islands 1.4 % change on previous year compare
- 170 Fiji 0.8544 % change on previous year compare
- 172 Azerbaijan -0.0508 % change on previous year compare
- 173 Solomon Islands -0.289 % change on previous year compare
- 174 Cameroon -0.4354 % 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)
- Total reserves minus gold (current US$), annual growth rate 4.79 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1662 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 6,559 current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1291 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 5,094 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.08 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.1291 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Bahamas?
- Taxes less subsidies on products (current lcu), annual growth rate in Bahamas was 0.159 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 59.41 % change on previous year in 2015.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -40.63 % change on previous year in 2020.
- How does Bahamas rank for taxes less subsidies on products (current lcu), annual growth rate?
- Bahamas ranks 171st out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is down 95.8%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.