Trade as a share of GDP in Bahamas
Bahamas: Trade as a share of GDP was 79.2% in 2024. ▼ Falling
Trade as a share of GDP in Bahamas, 1977–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Bahamas recorded 79.2% for trade as a share of gdp in 2024.
Compared with earlier readings it is up 3.5% on the previous year and down 1.6% over ten years.
Over the whole period, trade as a share of gdp in Bahamas peaked at 150.2% in 1978 and was at its lowest, 53.4%, in 2020.
That places Bahamas 102nd out of 191 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Trade as a share of GDP in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 148.8% | — |
| 1978 | 150.2% | +0.9% |
| 1979 | 129.1% | -14.1% |
| 1980 | 133.3% | +3.2% |
| 1981 | 129.8% | -2.6% |
| 1982 | 125.3% | -3.4% |
| 1983 | 124.6% | -0.6% |
| 1984 | 121.9% | -2.2% |
| 1985 | 124.1% | +1.8% |
| 1986 | 121.7% | -1.9% |
| 1987 | 117.1% | -3.8% |
| 1989 | 111.0% | -5.2% |
| 1990 | 110.1% | -0.8% |
| 1991 | 106.1% | -3.6% |
| 1992 | 101.5% | -4.4% |
| 1993 | 103.4% | +1.9% |
| 1994 | 104.4% | +1.0% |
| 1995 | 104.5% | +0.1% |
| 1996 | 105.9% | +1.3% |
| 1997 | 79.7% | -24.7% |
| 1998 | 77.7% | -2.5% |
| 1999 | 75.7% | -2.6% |
| 2000 | 79.6% | +5.2% |
| 2001 | 72.5% | -9.0% |
| 2002 | 70.3% | -3.1% |
| 2003 | 71.1% | +1.1% |
| 2004 | 76.0% | +6.9% |
| 2005 | 81.4% | +7.1% |
| 2006 | 87.6% | +7.6% |
| 2007 | 88.0% | +0.5% |
| 2008 | 87.4% | -0.7% |
| 2009 | 76.5% | -12.5% |
| 2010 | 78.7% | +2.8% |
| 2011 | 88.3% | +12.3% |
| 2012 | 84.3% | -4.6% |
| 2013 | 84.5% | +0.4% |
| 2014 | 80.5% | -4.7% |
| 2015 | 69.7% | -13.5% |
| 2016 | 67.2% | -3.5% |
| 2017 | 68.3% | +1.7% |
| 2018 | 72.2% | +5.6% |
| 2019 | 68.8% | -4.7% |
| 2020 | 53.4% | -22.3% |
| 2021 | 65.9% | +23.4% |
| 2022 | 76.0% | +15.2% |
| 2023 | 76.5% | +0.7% |
| 2024 | 79.2% | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 142.7% | 129.1% | 150.2% | 3 |
| 1980s | 123.2% | 111.0% | 133.3% | 9 |
| 1990s | 96.9% | 75.7% | 110.1% | 10 |
| 2000s | 79.0% | 70.3% | 88.0% | 10 |
| 2010s | 76.3% | 67.2% | 88.3% | 10 |
| 2020s | 70.2% | 53.4% | 79.2% | 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 (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 trade as a share of gdp in Bahamas?
- Trade as a share of gdp in Bahamas was 79.2% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Bahamas?
- The highest recorded value was 150.2% in 1978.
- What is the lowest trade as a share of gdp recorded in Bahamas?
- The lowest recorded value was 53.4% in 2020.
- How does Bahamas rank for trade as a share of gdp?
- Bahamas ranks 102nd out of 191 countries with data for 2024.
- Is trade as a share of gdp rising or falling in Bahamas?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Trade in goods and services as a share of GDP, shown as a percentage.