Gross capital formation in Bahamas
Bahamas: Gross capital formation was 3.74 billion constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross capital formation in Bahamas stood at 3.74 billion constant 2015 US$. That is the highest value across all 36 years on record.
That represents a change of up 19.8% on the previous year and up 5.3% over ten years.
Over the whole period, gross capital formation in Bahamas peaked at 3.74 billion constant 2015 US$ in 2024 and was at its lowest, 934.75 million constant 2015 US$, in 1993.
Bahamas ranks 119th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.34 billion constant 2015 US$ | 1.34 billion constant 2015 US$ | 1.34 billion constant 2015 US$ | 1 |
| 1990s | 1.48 billion constant 2015 US$ | 934.75 million constant 2015 US$ | 2.41 billion constant 2015 US$ | 10 |
| 2000s | 2.71 billion constant 2015 US$ | 2.30 billion constant 2015 US$ | 3.37 billion constant 2015 US$ | 10 |
| 2010s | 3.12 billion constant 2015 US$ | 2.41 billion constant 2015 US$ | 3.55 billion constant 2015 US$ | 10 |
| 2020s | 2.98 billion constant 2015 US$ | 2.29 billion constant 2015 US$ | 3.74 billion constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 116 Zimbabwe 4.02 billion constant 2015 US$ compare
- 117 Congo 3.93 billion constant 2015 US$ compare
- 118 Togo 3.90 billion constant 2015 US$ compare
- 120 Malta 3.70 billion constant 2015 US$ compare
- 121 Brunei 3.70 billion constant 2015 US$ compare
- 122 North Macedonia 3.67 billion constant 2015 US$ 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 3.59 billion constant 2015 US$ (2024)
- Gross fixed capital formation 4.08 billion current LCU (2024)
Frequently asked questions
- What is gross capital formation in Bahamas?
- Gross capital formation in Bahamas was 3.74 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Bahamas?
- The highest recorded value was 3.74 billion constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in Bahamas?
- The lowest recorded value was 934.75 million constant 2015 US$ in 1993.
- How does Bahamas rank for gross capital formation?
- Bahamas ranks 119th out of 162 countries with data for 2024.
- Is gross capital formation rising or falling in Bahamas?
- Over the last ten years it is up 5.3%. 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 Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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 is 2015. This indicator is expressed in United States dollars.