GDP in Bahamas
Bahamas: GDP was 14.11 billion constant LCU in 2024. ▲ Rising
GDP in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gdp in Bahamas stood at 14.11 billion constant LCU. That is the highest value across all 65 years on record.
That represents a change of up 3.4% on the previous year and up 16.3% over ten years.
Over the whole period, gdp in Bahamas peaked at 14.11 billion constant LCU in 2024 and was at its lowest, 2.26 billion constant LCU, in 1960.
Bahamas ranks 172nd of 214 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.63 billion constant LCU | 2.26 billion constant LCU | 5.26 billion constant LCU | 10 |
| 1970s | 4.74 billion constant LCU | 3.72 billion constant LCU | 6.15 billion constant LCU | 10 |
| 1980s | 7.44 billion constant LCU | 5.94 billion constant LCU | 9.00 billion constant LCU | 10 |
| 1990s | 8.96 billion constant LCU | 8.16 billion constant LCU | 10.44 billion constant LCU | 10 |
| 2000s | 11.58 billion constant LCU | 10.87 billion constant LCU | 12.27 billion constant LCU | 10 |
| 2010s | 12.21 billion constant LCU | 11.66 billion constant LCU | 12.82 billion constant LCU | 10 |
| 2020s | 12.62 billion constant LCU | 10.16 billion constant LCU | 14.11 billion constant LCU | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Exports of goods and services 6.2% (2024)
- Gross national expenditure 16.47 billion current LCU (2024)
- Gross national expenditure 14.30 billion constant 2015 US$ (2024)
- Industry (including construction), value added 9.6% (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)
- Gross fixed capital formation 3.59 billion constant 2015 US$ (2024)
- Gross fixed capital formation 4.08 billion current LCU (2024)
Frequently asked questions
- What is gdp in Bahamas?
- Gdp in Bahamas was 14.11 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Bahamas?
- The highest recorded value was 14.11 billion constant LCU in 2024.
- What is the lowest gdp recorded in Bahamas?
- The lowest recorded value was 2.26 billion constant LCU in 1960.
- How does Bahamas rank for gdp?
- Bahamas ranks 172nd out of 214 countries with data for 2024.
- Is gdp rising or falling in Bahamas?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is rising.
- 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 GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.