Gross fixed capital formation in Bahamas
Bahamas: Gross fixed capital formation was 4.08 billion current LCU in 2024. ◆ Volatile
Gross fixed capital formation in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Bahamas is 4.08 billion current LCU, measured in 2024. That is the highest value across all 47 years on record.
That represents a change of up 22.6% on the previous year and up 20.9% over ten years.
Over the whole period, gross fixed capital formation in Bahamas peaked at 4.08 billion current LCU in 2024 and was at its lowest, 81.30 million current LCU, in 1977.
Bahamas ranks 161st of 180 countries on this measure, 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 | 100.83 million current LCU | 81.30 million current LCU | 135.30 million current LCU | 3 |
| 1980s | 400.74 million current LCU | 212.90 million current LCU | 877.90 million current LCU | 9 |
| 1990s | 1.18 billion current LCU | 659.62 million current LCU | 2.13 billion current LCU | 10 |
| 2000s | 2.51 billion current LCU | 1.99 billion current LCU | 3.29 billion current LCU | 10 |
| 2010s | 3.05 billion current LCU | 2.69 billion current LCU | 3.37 billion current LCU | 10 |
| 2020s | 3.12 billion current LCU | 2.28 billion current LCU | 4.08 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)
- 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 4.08 billion current 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 4.08 billion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Bahamas?
- The lowest recorded value was 81.30 million current LCU in 1977.
- How does Bahamas rank for gross fixed capital formation?
- Bahamas ranks 161st out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bahamas?
- Over the last ten years it is up 20.9%. 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 fixed capital formation (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 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.