Total Expenditure (central government) — Value Standard Local Currency in Bahamas
Bahamas: Total Expenditure (central government) — Value Standard Local Currency was 3,547 million SLC in 2024. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in Bahamas, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Bahamas recorded 3,547 million SLC for total expenditure (central government) — value standard local currency in 2024. That is the highest value across all 24 years on record.
The figure is up 3.9% on the previous year and up 85.3% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Bahamas peaked at 3,547 million SLC in 2024 and was at its lowest, 955.6 million SLC, in 2001.
Bahamas ranks 153rd of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in Bahamas, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 955.6 million SLC | — |
| 2002 | 1,018 million SLC | +6.5% |
| 2003 | 1,068 million SLC | +4.9% |
| 2004 | 1,100 million SLC | +3.1% |
| 2005 | 1,228 million SLC | +11.6% |
| 2006 | 1,324 million SLC | +7.8% |
| 2007 | 1,490 million SLC | +12.5% |
| 2008 | 1,559 million SLC | +4.6% |
| 2009 | 1,584 million SLC | +1.6% |
| 2010 | 1,577 million SLC | -0.5% |
| 2011 | 1,772 million SLC | +12.4% |
| 2012 | 1,848 million SLC | +4.3% |
| 2013 | 1,780 million SLC | -3.7% |
| 2014 | 1,915 million SLC | +7.6% |
| 2015 | 2,125 million SLC | +11.0% |
| 2016 | 2,326 million SLC | +9.4% |
| 2017 | 2,647 million SLC | +13.8% |
| 2018 | 2,504 million SLC | -5.4% |
| 2019 | 2,755 million SLC | +10.0% |
| 2020 | 3,033 million SLC | +10.1% |
| 2021 | 3,251 million SLC | +7.2% |
| 2022 | 3,449 million SLC | +6.1% |
| 2023 | 3,414 million SLC | -1.0% |
| 2024 | 3,547 million SLC | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,259 million SLC | 955.6 million SLC | 1,584 million SLC | 9 |
| 2010s | 2,125 million SLC | 1,577 million SLC | 2,755 million SLC | 10 |
| 2020s | 3,339 million SLC | 3,033 million SLC | 3,547 million SLC | 5 |
Countries ranked near Bahamas
- 150 Barbados 4,698 million SLC compare
- 151 Sao Tome and Principe 3,775 million SLC compare
- 152 Bahrain 3,623 million SLC compare
- 154 Montenegro 3,511 million SLC compare
- 155 Saint Lucia 1,894 million SLC compare
- 156 Antigua and Barbuda 1,800 million SLC 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0063 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 248.45 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0063 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 248.45 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0018 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 72.59 constant 2015 US$ per person (2024)
- 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)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Bahamas?
- Total expenditure (central government) — value standard local currency in Bahamas was 3,547 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Bahamas?
- The highest recorded value was 3,547 million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Bahamas?
- The lowest recorded value was 955.6 million SLC in 2001.
- How does Bahamas rank for total expenditure (central government) — value standard local currency?
- Bahamas ranks 153rd out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Bahamas?
- Over the last ten years it is up 85.3%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.