Trade in Bahamas
Bahamas: Trade was 79.2% in 2024. ▼ Falling
Trade in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Bahamas recorded 79.2% for trade in 2024.
That represents a change of up 3.5% on the previous year and down 1.6% over ten years.
Over the whole period, trade in Bahamas peaked at 150.2% in 1978 and was at its lowest, 53.4%, in 2020.
Bahamas ranks 104th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Trade 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.71 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3084 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 12,169 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -311.24 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -311.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 17.44 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0051 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 203.1 current LCU per person (2024)
Frequently asked questions
- What is trade in Bahamas?
- Trade in Bahamas was 79.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Bahamas?
- The highest recorded value was 150.2% in 1978.
- What is the lowest trade recorded in Bahamas?
- The lowest recorded value was 53.4% in 2020.
- How does Bahamas rank for trade?
- Bahamas ranks 104th out of 193 countries with data for 2024.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.