Final consumption expenditure in Bahamas
Bahamas: Final consumption expenditure was 12.22 billion current US$ in 2024. ◆ Volatile
Final consumption expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in Bahamas stood at 12.22 billion current US$. That is the highest value across all 47 years on record.
The figure is up 4.6% on the previous year and up 45.1% over ten years.
Over the whole period, final consumption expenditure in Bahamas peaked at 12.22 billion current US$ in 2024 and was at its lowest, 506.10 million current US$, in 1977.
That places Bahamas 140th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 670.93 million current US$ | 506.10 million current US$ | 894.80 million current US$ | 3 |
| 1980s | 1.56 billion current US$ | 990.90 million current US$ | 2.33 billion current US$ | 9 |
| 1990s | 3.26 billion current US$ | 2.40 billion current US$ | 5.16 billion current US$ | 10 |
| 2000s | 6.58 billion current US$ | 5.37 billion current US$ | 7.62 billion current US$ | 10 |
| 2010s | 8.70 billion current US$ | 7.49 billion current US$ | 9.91 billion current US$ | 10 |
| 2020s | 10.66 billion current US$ | 8.80 billion current US$ | 12.22 billion current US$ | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Industry (including construction), value added 9.6% (2024)
- Gross national expenditure 14.30 billion constant 2015 US$ (2024)
- Services, value added 12.22 billion current US$ (2024)
- Gross national expenditure 104.0% (2024)
- Exports of goods and services 5.98 billion current US$ (2024)
- Exports of goods and services 5.98 billion current LCU (2024)
- Exports of goods and services 4.81 billion constant 2015 US$ (2024)
- Exports of goods and services 6.2% (2024)
- Gross fixed capital formation 20.7% (2024)
- Gross fixed capital formation 3.59 billion constant 2015 US$ (2024)
Frequently asked questions
- What is final consumption expenditure in Bahamas?
- Final consumption expenditure in Bahamas was 12.22 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Bahamas?
- The highest recorded value was 12.22 billion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Bahamas?
- The lowest recorded value was 506.10 million current US$ in 1977.
- How does Bahamas rank for final consumption expenditure?
- Bahamas ranks 140th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 45.1%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). 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
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.