Gross fixed capital formation in Bahamas
Bahamas: Gross fixed capital formation was 3.72 billion constant LCU in 2024. ▲ Rising
Gross fixed capital formation in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Bahamas recorded 3.72 billion constant LCU for gross fixed capital formation in 2024. That is the highest value across all 36 years on record.
That represents a change of up 20.7% on the previous year and up 4.3% over ten years.
Over the whole period, gross fixed capital formation in Bahamas peaked at 3.72 billion constant LCU in 2024 and was at its lowest, 922.65 million constant LCU, in 1993.
That places Bahamas 148th out of 167 countries with data for 2024, putting it 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 | 1.30 billion constant LCU | 1.30 billion constant LCU | 1.30 billion constant LCU | 1 |
| 1990s | 1.47 billion constant LCU | 922.65 million constant LCU | 2.44 billion constant LCU | 10 |
| 2000s | 2.70 billion constant LCU | 2.27 billion constant LCU | 3.38 billion constant LCU | 10 |
| 2010s | 3.11 billion constant LCU | 2.40 billion constant LCU | 3.57 billion constant LCU | 10 |
| 2020s | 2.94 billion constant LCU | 2.26 billion constant LCU | 3.72 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 fixed capital formation in Bahamas?
- Gross fixed capital formation in Bahamas was 3.72 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Bahamas?
- The highest recorded value was 3.72 billion constant LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Bahamas?
- The lowest recorded value was 922.65 million constant LCU in 1993.
- How does Bahamas rank for gross fixed capital formation?
- Bahamas ranks 148th out of 167 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bahamas?
- Over the last ten years it is up 4.3%. 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 fixed 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 fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.