Taxes less subsidies on products (current US$), annual growth rate in Bahamas
Bahamas: Taxes less subsidies on products (current US$), annual growth rate was 0.159 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Bahamas, 1980–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes less subsidies on products (current us$), annual growth rate in Bahamas stood at 0.159 % change on previous year.
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 us$), annual growth rate in Bahamas peaked at 59.41 % change on previous year in 2015 and was at its lowest, -40.63 % change on previous year, in 2020.
Bahamas ranks 164th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), 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
- 161 Costa Rica 1.57 % change on previous year compare
- 162 Cayman Islands 1.4 % change on previous year compare
- 163 Dominican Republic 0.6392 % change on previous year compare
- 165 Jamaica 0.0582 % change on previous year compare
- 166 Azerbaijan -0.0508 % change on previous year compare
- 167 Macau, China -0.1109 % 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.15 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.643 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 25,369 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.23 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5311 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,956 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.63 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7721 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Bahamas?
- Taxes less subsidies on products (current us$), 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 us$), annual growth rate recorded in Bahamas?
- The highest recorded value was 59.41 % change on previous year in 2015.
- What is the lowest taxes less subsidies on products (current us$), 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 us$), annual growth rate?
- Bahamas ranks 164th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.