GDP, PPP in Bahamas
Bahamas: GDP, PPP was 16.56 billion current international $ in 2024. ▲ Rising
GDP, PPP in Bahamas, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Bahamas recorded 16.56 billion current international $ for gdp, ppp in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 36.5% over ten years.
Over the whole period, gdp, ppp in Bahamas peaked at 16.56 billion current international $ in 2024 and was at its lowest, 5.33 billion current international $, in 1992.
That places Bahamas 156th out of 203 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.17 billion current international $ | 5.33 billion current international $ | 7.73 billion current international $ | 10 |
| 2000s | 9.76 billion current international $ | 8.23 billion current international $ | 11.04 billion current international $ | 10 |
| 2010s | 12.37 billion current international $ | 10.89 billion current international $ | 14.25 billion current international $ | 10 |
| 2020s | 13.98 billion current international $ | 10.77 billion current international $ | 16.56 billion current international $ | 5 |
Countries ranked near Bahamas
- 153 Palestine 27.07 billion current international $ compare
- 154 Montenegro 22.07 billion current international $ compare
- 155 Burundi 17.96 billion current international $ compare
- 157 Eswatini 15.74 billion current international $ compare
- 158 Bhutan 15.61 billion current international $ compare
- 159 Fiji 15.25 billion current international $ compare
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)
- 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)
- Gross fixed capital formation 20.7% (2024)
- Gross fixed capital formation 3.59 billion constant 2015 US$ (2024)
Frequently asked questions
- What is gdp, ppp in Bahamas?
- Gdp, ppp in Bahamas was 16.56 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Bahamas?
- The highest recorded value was 16.56 billion current international $ in 2024.
- What is the lowest gdp, ppp recorded in Bahamas?
- The lowest recorded value was 5.33 billion current international $ in 1992.
- How does Bahamas rank for gdp, ppp?
- Bahamas ranks 156th out of 203 countries with data for 2024.
- Is gdp, ppp rising or falling in Bahamas?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (current international $). Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.