Gross domestic savings in Bahamas
Bahamas: Gross domestic savings was 3.61 billion current LCU in 2024. ◆ Volatile
Gross domestic savings in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross domestic savings in Bahamas stood at 3.61 billion current LCU. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 32.9% over ten years.
Over the whole period, gross domestic savings in Bahamas peaked at 3.61 billion current LCU in 2024 and was at its lowest, 206.90 million current LCU, in 1977.
That places Bahamas 147th out of 187 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 |
|---|---|---|---|---|
| 1970s | 224.13 million current LCU | 206.90 million current LCU | 245.00 million current LCU | 3 |
| 1980s | 514.52 million current LCU | 340.30 million current LCU | 732.21 million current LCU | 9 |
| 1990s | 1.10 billion current LCU | 578.89 million current LCU | 2.52 billion current LCU | 10 |
| 2000s | 2.85 billion current LCU | 2.48 billion current LCU | 3.13 billion current LCU | 10 |
| 2010s | 2.78 billion current LCU | 2.34 billion current LCU | 3.58 billion current LCU | 10 |
| 2020s | 2.82 billion current LCU | 1.56 billion current LCU | 3.61 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 gross domestic savings in Bahamas?
- Gross domestic savings in Bahamas was 3.61 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Bahamas?
- The highest recorded value was 3.61 billion current LCU in 2024.
- What is the lowest gross domestic savings recorded in Bahamas?
- The lowest recorded value was 206.90 million current LCU in 1977.
- How does Bahamas rank for gross domestic savings?
- Bahamas ranks 147th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Bahamas?
- Over the last ten years it is up 32.9%. 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 Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.