Total Expenditure (central government) — Value US$, 2015 prices in Bahamas
Bahamas: Total Expenditure (central government) — Value US$, 2015 prices was 3,060 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Bahamas, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Bahamas recorded 3,060 million USD for total expenditure (central government) — value us$, 2015 prices in 2024.
Compared with earlier readings it is up 3.6% on the previous year and up 51.8% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Bahamas peaked at 3,173 million USD in 2022 and was at its lowest, 1,239 million USD, in 2001.
That places Bahamas 124th out of 173 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Bahamas, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 1,239 million USD | — |
| 2002 | 1,269 million USD | +2.4% |
| 2003 | 1,316 million USD | +3.7% |
| 2004 | 1,340 million USD | +1.8% |
| 2005 | 1,424 million USD | +6.3% |
| 2006 | 1,523 million USD | +6.9% |
| 2007 | 1,664 million USD | +9.3% |
| 2008 | 1,716 million USD | +3.1% |
| 2009 | 1,761 million USD | +2.6% |
| 2010 | 1,760 million USD | -0.1% |
| 2011 | 1,996 million USD | +13.4% |
| 2012 | 2,014 million USD | +0.9% |
| 2013 | 1,943 million USD | -3.5% |
| 2014 | 2,016 million USD | +3.8% |
| 2015 | 2,125 million USD | +5.4% |
| 2016 | 2,289 million USD | +7.7% |
| 2017 | 2,570 million USD | +12.3% |
| 2018 | 2,420 million USD | -5.8% |
| 2019 | 2,546 million USD | +5.2% |
| 2020 | 2,879 million USD | +13.1% |
| 2021 | 3,119 million USD | +8.4% |
| 2022 | 3,173 million USD | +1.7% |
| 2023 | 2,953 million USD | -6.9% |
| 2024 | 3,060 million USD | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,473 million USD | 1,239 million USD | 1,761 million USD | 9 |
| 2010s | 2,168 million USD | 1,760 million USD | 2,570 million USD | 10 |
| 2020s | 3,037 million USD | 2,879 million USD | 3,173 million USD | 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)
- Services, value added (constant LCU), per capita 26,500 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 0.2887 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8733 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 34,455 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8733 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,455 current LCU per person (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Bahamas?
- Total expenditure (central government) — value us$, 2015 prices in Bahamas was 3,060 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Bahamas?
- The highest recorded value was 3,173 million USD in 2022.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Bahamas?
- The lowest recorded value was 1,239 million USD in 2001.
- How does Bahamas rank for total expenditure (central government) — value us$, 2015 prices?
- Bahamas ranks 124th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Bahamas?
- Over the last ten years it is up 51.8%. 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 US$, 2015 prices. 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.