Taxes less subsidies on products in Bahamas
Bahamas: Taxes less subsidies on products was 1.95 billion current LCU in 2024. ◆ Volatile
Latest (2024)
1.95 billion current LCU
Change on year
up 0.2%
World rank
158th
of 197 countries
All-time high
1.95 billion current LCU
in 2024
All-time low
125.90 million current LCU
in 1979
Years of data
45
1979–2024
Taxes less subsidies on products in Bahamas, 1979–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for taxes less subsidies on products in Bahamas is 1.95 billion current LCU, measured in 2024. That is the highest value across all 45 years on record.
That represents a change of up 0.2% on the previous year and up 175.3% over ten years.
Over the whole period, taxes less subsidies on products in Bahamas peaked at 1.95 billion current LCU in 2024 and was at its lowest, 125.90 million current LCU, in 1979.
Bahamas ranks 158th of 197 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 in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 125.90 million current LCU | — |
| 1980 | 146.60 million current LCU | +16.4% |
| 1981 | 152.60 million current LCU | +4.1% |
| 1982 | 157.00 million current LCU | +2.9% |
| 1983 | 179.00 million current LCU | +14.0% |
| 1984 | 254.00 million current LCU | +41.9% |
| 1985 | 303.10 million current LCU | +19.3% |
| 1986 | 322.80 million current LCU | +6.5% |
| 1987 | 335.40 million current LCU | +3.9% |
| 1989 | 432.94 million current LCU | +29.1% |
| 1990 | 425.26 million current LCU | -1.8% |
| 1991 | 454.80 million current LCU | +6.9% |
| 1992 | 476.03 million current LCU | +4.7% |
| 1993 | 410.43 million current LCU | -13.8% |
| 1994 | 497.92 million current LCU | +21.3% |
| 1995 | 523.46 million current LCU | +5.1% |
| 1996 | 555.12 million current LCU | +6.0% |
| 1997 | 613.90 million current LCU | +10.6% |
| 1998 | 663.30 million current LCU | +8.0% |
| 1999 | 715.60 million current LCU | +7.9% |
| 2000 | 780.90 million current LCU | +9.1% |
| 2001 | 790.50 million current LCU | +1.2% |
| 2002 | 752.20 million current LCU | -4.8% |
| 2003 | 776.10 million current LCU | +3.2% |
| 2004 | 768.70 million current LCU | -1.0% |
| 2005 | 782.00 million current LCU | +1.7% |
| 2006 | 918.40 million current LCU | +17.4% |
| 2007 | 986.40 million current LCU | +7.4% |
| 2008 | 1.04 billion current LCU | +5.4% |
| 2009 | 873.90 million current LCU | -15.9% |
| 2010 | 843.70 million current LCU | -3.5% |
| 2011 | 959.90 million current LCU | +13.8% |
| 2012 | 959.90 million current LCU | +0.0% |
| 2013 | 683.50 million current LCU | -28.8% |
| 2014 | 709.30 million current LCU | +3.8% |
| 2015 | 1.13 billion current LCU | +59.4% |
| 2016 | 1.19 billion current LCU | +5.5% |
| 2017 | 1.30 billion current LCU | +8.9% |
| 2018 | 1.36 billion current LCU | +4.5% |
| 2019 | 1.66 billion current LCU | +22.4% |
| 2020 | 986.50 million current LCU | -40.6% |
| 2021 | 1.45 billion current LCU | +46.9% |
| 2022 | 1.71 billion current LCU | +18.1% |
| 2023 | 1.95 billion current LCU | +13.9% |
| 2024 | 1.95 billion current LCU | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 125.90 million current LCU | 125.90 million current LCU | 125.90 million current LCU | 1 |
| 1980s | 253.72 million current LCU | 146.60 million current LCU | 432.94 million current LCU | 9 |
| 1990s | 533.58 million current LCU | 410.43 million current LCU | 715.60 million current LCU | 10 |
| 2000s | 846.86 million current LCU | 752.20 million current LCU | 1.04 billion current LCU | 10 |
| 2010s | 1.08 billion current LCU | 683.50 million current LCU | 1.66 billion current LCU | 10 |
| 2020s | 1.61 billion current LCU | 986.50 million current LCU | 1.95 billion current LCU | 5 |
Countries ranked near Bahamas
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 (constant LCU), per capita 91.96 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.07 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.0963 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 3,798 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 2.07 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.0963 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 3,798 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 12.48 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products in Bahamas?
- Taxes less subsidies on products in Bahamas was 1.95 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Bahamas?
- The highest recorded value was 1.95 billion current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Bahamas?
- The lowest recorded value was 125.90 million current LCU in 1979.
- How does Bahamas rank for taxes less subsidies on products?
- Bahamas ranks 158th out of 197 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Bahamas?
- Over the last ten years it is up 175.3%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.