Transport services in Bahamas
Bahamas: Transport services was 21.7% in 2024. ▼ Falling
Transport services in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Bahamas recorded 21.7% for transport services in 2024.
That represents a change of down 7.3% on the previous year and down 8.8% over ten years.
Over the whole period, transport services in Bahamas peaked at 30.9% in 1979 and was at its lowest, 15.6%, in 2020.
Bahamas ranks 137th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Transport services in Bahamas, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 26.0% | — |
| 1977 | 20.7% | -20.4% |
| 1978 | 28.4% | +37.2% |
| 1979 | 30.9% | +9.0% |
| 1980 | 27.8% | -10.2% |
| 1981 | 25.6% | -7.9% |
| 1982 | 24.6% | -4.0% |
| 1983 | 23.3% | -5.2% |
| 1984 | 25.7% | +10.6% |
| 1985 | 29.2% | +13.5% |
| 1986 | 30.2% | +3.3% |
| 1987 | 29.2% | -3.3% |
| 1988 | 28.1% | -3.8% |
| 1989 | 25.8% | -8.2% |
| 1990 | 22.1% | -14.0% |
| 1991 | 21.2% | -4.4% |
| 1992 | 20.2% | -4.6% |
| 1993 | 17.7% | -12.3% |
| 1994 | 17.6% | -0.5% |
| 1995 | 21.0% | +19.3% |
| 1996 | 21.9% | +4.0% |
| 1997 | 21.9% | -0.1% |
| 1998 | 20.7% | -5.3% |
| 1999 | 19.4% | -6.2% |
| 2000 | 24.3% | +25.0% |
| 2001 | 26.2% | +7.8% |
| 2002 | 23.3% | -11.1% |
| 2003 | 22.4% | -3.9% |
| 2004 | 24.7% | +10.7% |
| 2005 | 28.5% | +15.1% |
| 2006 | 22.3% | -21.9% |
| 2007 | 23.6% | +6.2% |
| 2008 | 25.7% | +8.8% |
| 2009 | 29.0% | +12.8% |
| 2010 | 29.0% | -0.1% |
| 2011 | 25.3% | -12.5% |
| 2012 | 25.2% | -0.3% |
| 2013 | 22.9% | -9.5% |
| 2014 | 23.7% | +3.9% |
| 2015 | 28.7% | +20.8% |
| 2016 | 20.2% | -29.7% |
| 2017 | 25.6% | +26.7% |
| 2018 | 27.1% | +6.1% |
| 2019 | 24.5% | -9.8% |
| 2020 | 15.6% | -36.2% |
| 2021 | 21.6% | +38.5% |
| 2022 | 22.2% | +2.6% |
| 2023 | 23.4% | +5.4% |
| 2024 | 21.7% | -7.3% |
Bahamas compared with similar countries
- Bahamas's 21.7% is above the median for high income countries, which is 20.2%, 1.1× the median. (72 countries reporting)
- Bahamas's 21.7% is below the median for Latin America & Caribbean, which is 28.2%, 77% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.5% | 20.7% | 30.9% | 4 |
| 1980s | 26.9% | 23.3% | 30.2% | 10 |
| 1990s | 20.4% | 17.6% | 22.1% | 10 |
| 2000s | 25.0% | 22.3% | 29.0% | 10 |
| 2010s | 25.2% | 20.2% | 29.0% | 10 |
| 2020s | 20.9% | 15.6% | 23.4% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is transport services in Bahamas?
- Transport services in Bahamas was 21.7% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Bahamas?
- The highest recorded value was 30.9% in 1979.
- What is the lowest transport services recorded in Bahamas?
- The lowest recorded value was 15.6% in 2020.
- How does Bahamas rank for transport services?
- Bahamas ranks 137th out of 197 countries with data for 2024.
- Is transport services rising or falling in Bahamas?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Transport services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.