General government final consumption expenditure in Bahamas
Bahamas: General government final consumption expenditure was 2.04 billion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Bahamas recorded 2.04 billion current US$ for general government final consumption expenditure in 2024.
That represents a change of up 2.1% on the previous year and up 64.8% over ten years.
Over the whole period, general government final consumption expenditure in Bahamas peaked at 2.26 billion current US$ in 2020 and was at its lowest, 109.30 million current US$, in 1977.
That places Bahamas 139th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 127.17 million current US$ | 109.30 million current US$ | 143.80 million current US$ | 3 |
| 1980s | 267.34 million current US$ | 167.00 million current US$ | 415.27 million current US$ | 9 |
| 1990s | 514.05 million current US$ | 397.99 million current US$ | 705.50 million current US$ | 10 |
| 2000s | 968.08 million current US$ | 747.40 million current US$ | 1.26 billion current US$ | 10 |
| 2010s | 1.37 billion current US$ | 1.23 billion current US$ | 1.68 billion current US$ | 10 |
| 2020s | 2.04 billion current US$ | 1.83 billion current US$ | 2.26 billion current US$ | 5 |
Countries ranked near Bahamas
- 136 Benin 2.18 billion current US$ compare
- 137 New Caledonia 2.16 billion current US$ compare
- 138 Chad 2.13 billion current US$ compare
- 140 French Polynesia 2.02 billion current US$ compare
- 141 Yemen 1.94 billion current US$ compare
- 142 Mauritania 1.87 billion current US$ compare
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 general government final consumption expenditure in Bahamas?
- General government final consumption expenditure in Bahamas was 2.04 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Bahamas?
- The highest recorded value was 2.26 billion current US$ in 2020.
- What is the lowest general government final consumption expenditure recorded in Bahamas?
- The lowest recorded value was 109.30 million current US$ in 1977.
- How does Bahamas rank for general government final consumption expenditure?
- Bahamas ranks 139th out of 186 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Bahamas?
- Over the last ten years it is up 64.8%. 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 General government final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.