Taxes less subsidies on products in Bahamas
Bahamas: Taxes less subsidies on products was 1.95 billion current US$ in 2024. ◆ Volatile
Latest (2024)
1.95 billion current US$
Change on year
up 0.2%
World rank
115th
of 197 countries
All-time high
1.95 billion current US$
in 2024
All-time low
125.90 million current US$
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 US$.
Analysis
Bahamas recorded 1.95 billion current US$ for taxes less subsidies on products 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 US$ in 2024 and was at its lowest, 125.90 million current US$, in 1979.
Bahamas ranks 115th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1979 | 125.90 million current US$ | — |
| 1980 | 146.60 million current US$ | +16.4% |
| 1981 | 152.60 million current US$ | +4.1% |
| 1982 | 157.00 million current US$ | +2.9% |
| 1983 | 179.00 million current US$ | +14.0% |
| 1984 | 254.00 million current US$ | +41.9% |
| 1985 | 303.10 million current US$ | +19.3% |
| 1986 | 322.80 million current US$ | +6.5% |
| 1987 | 335.40 million current US$ | +3.9% |
| 1989 | 432.94 million current US$ | +29.1% |
| 1990 | 425.26 million current US$ | -1.8% |
| 1991 | 454.80 million current US$ | +6.9% |
| 1992 | 476.03 million current US$ | +4.7% |
| 1993 | 410.43 million current US$ | -13.8% |
| 1994 | 497.92 million current US$ | +21.3% |
| 1995 | 523.46 million current US$ | +5.1% |
| 1996 | 555.12 million current US$ | +6.0% |
| 1997 | 613.90 million current US$ | +10.6% |
| 1998 | 663.30 million current US$ | +8.0% |
| 1999 | 715.60 million current US$ | +7.9% |
| 2000 | 780.90 million current US$ | +9.1% |
| 2001 | 790.50 million current US$ | +1.2% |
| 2002 | 752.20 million current US$ | -4.8% |
| 2003 | 776.10 million current US$ | +3.2% |
| 2004 | 768.70 million current US$ | -1.0% |
| 2005 | 782.00 million current US$ | +1.7% |
| 2006 | 918.40 million current US$ | +17.4% |
| 2007 | 986.40 million current US$ | +7.4% |
| 2008 | 1.04 billion current US$ | +5.4% |
| 2009 | 873.90 million current US$ | -15.9% |
| 2010 | 843.70 million current US$ | -3.5% |
| 2011 | 959.90 million current US$ | +13.8% |
| 2012 | 959.90 million current US$ | +0.0% |
| 2013 | 683.50 million current US$ | -28.8% |
| 2014 | 709.30 million current US$ | +3.8% |
| 2015 | 1.13 billion current US$ | +59.4% |
| 2016 | 1.19 billion current US$ | +5.5% |
| 2017 | 1.30 billion current US$ | +8.9% |
| 2018 | 1.36 billion current US$ | +4.5% |
| 2019 | 1.66 billion current US$ | +22.4% |
| 2020 | 986.50 million current US$ | -40.6% |
| 2021 | 1.45 billion current US$ | +46.9% |
| 2022 | 1.71 billion current US$ | +18.1% |
| 2023 | 1.95 billion current US$ | +13.9% |
| 2024 | 1.95 billion current US$ | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 125.90 million current US$ | 125.90 million current US$ | 125.90 million current US$ | 1 |
| 1980s | 253.72 million current US$ | 146.60 million current US$ | 432.94 million current US$ | 9 |
| 1990s | 533.58 million current US$ | 410.43 million current US$ | 715.60 million current US$ | 10 |
| 2000s | 846.86 million current US$ | 752.20 million current US$ | 1.04 billion current US$ | 10 |
| 2010s | 1.08 billion current US$ | 683.50 million current US$ | 1.66 billion current US$ | 10 |
| 2020s | 1.61 billion current US$ | 986.50 million current US$ | 1.95 billion current US$ | 5 |
Countries ranked near Bahamas
- 112 Mali 2.12 billion current US$ compare
- 113 Bahrain 2.07 billion current US$ compare
- 114 Montenegro 2.03 billion current US$ compare
- 116 Lao People's Democratic Republic 1.95 billion current US$ compare
- 117 Madagascar 1.48 billion current US$ compare
- 118 Turkmenistan 1.39 billion current US$ 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)
- Services, value added (current US$), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7719 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 30,454 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.7719 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 30,454 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.04 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.6616 constant 2015 US$ per US$ of GDP (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 US$ 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 US$ in 2024.
- What is the lowest taxes less subsidies on products recorded in Bahamas?
- The lowest recorded value was 125.90 million current US$ in 1979.
- How does Bahamas rank for taxes less subsidies on products?
- Bahamas ranks 115th 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.