Gross capital formation in Bahamas
Bahamas: Gross capital formation was 3.88 billion constant LCU in 2024. ▲ Rising
Gross capital formation in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross capital formation in Bahamas is 3.88 billion constant LCU, measured in 2024. That is the highest value across all 36 years on record.
Compared with earlier readings it is 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 3.88 billion constant LCU in 2024 and was at its lowest, 967.96 million constant LCU, in 1993.
Bahamas ranks 148th of 169 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.38 billion constant LCU | 1.38 billion constant LCU | 1.38 billion constant LCU | 1 |
| 1990s | 1.54 billion constant LCU | 967.96 million constant LCU | 2.50 billion constant LCU | 10 |
| 2000s | 2.81 billion constant LCU | 2.38 billion constant LCU | 3.49 billion constant LCU | 10 |
| 2010s | 3.23 billion constant LCU | 2.50 billion constant LCU | 3.68 billion constant LCU | 10 |
| 2020s | 3.09 billion constant LCU | 2.37 billion constant LCU | 3.88 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)
- 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 gross capital formation in Bahamas?
- Gross capital formation in Bahamas was 3.88 billion constant LCU 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 3.88 billion constant LCU in 2024.
- What is the lowest gross capital formation recorded in Bahamas?
- The lowest recorded value was 967.96 million constant LCU in 1993.
- How does Bahamas rank for gross capital formation?
- Bahamas ranks 148th out of 169 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 LCU). 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 varies by country. This series is expressed in local currency units.