GDP in Bahamas
Bahamas: GDP was 15.83 billion current LCU in 2024. ◆ Volatile
GDP in Bahamas, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gdp in Bahamas stood at 15.83 billion current LCU. That is the highest value across all 65 years on record.
The figure is up 3.7% on the previous year and up 42.1% over ten years.
Over the whole period, gdp in Bahamas peaked at 15.83 billion current LCU in 2024 and was at its lowest, 173.20 million current LCU, in 1960.
That places Bahamas 176th out of 213 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 314.18 million current LCU | 173.20 million current LCU | 538.70 million current LCU | 10 |
| 1970s | 693.06 million current LCU | 539.50 million current LCU | 1.14 billion current LCU | 10 |
| 1980s | 2.15 billion current LCU | 1.34 billion current LCU | 3.06 billion current LCU | 10 |
| 1990s | 4.36 billion current LCU | 3.09 billion current LCU | 7.68 billion current LCU | 10 |
| 2000s | 9.43 billion current LCU | 8.08 billion current LCU | 10.62 billion current LCU | 10 |
| 2010s | 11.48 billion current LCU | 10.07 billion current LCU | 13.28 billion current LCU | 10 |
| 2020s | 13.48 billion current LCU | 10.36 billion current LCU | 15.83 billion current 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 15.83 billion current 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 15.83 billion current LCU in 2024.
- What is the lowest gdp recorded in Bahamas?
- The lowest recorded value was 173.20 million current LCU in 1960.
- How does Bahamas rank for gdp?
- Bahamas ranks 176th out of 213 countries with data for 2024.
- Is gdp rising or falling in Bahamas?
- Over the last ten years it is up 42.1%. 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 Organizations and/or Central Banks, published as part of GDP (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.