Gross savings in Bahamas
Bahamas: Gross savings was 3.04 billion current US$ in 2024. ◆ Volatile
Gross savings in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Bahamas stood at 3.04 billion current US$. That is the highest value across all 47 years on record.
The figure is up 5.2% on the previous year and up 29.7% over ten years.
Over the whole period, gross savings in Bahamas peaked at 3.04 billion current US$ in 2024 and was at its lowest, 80.20 million current US$, in 1978.
Bahamas ranks 127th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.90 million current US$ | 80.20 million current US$ | 112.90 million current US$ | 3 |
| 1980s | 361.90 million current US$ | 188.10 million current US$ | 606.51 million current US$ | 9 |
| 1990s | 1.15 billion current US$ | 451.69 million current US$ | 2.60 billion current US$ | 10 |
| 2000s | 2.75 billion current US$ | 2.39 billion current US$ | 2.96 billion current US$ | 10 |
| 2010s | 2.34 billion current US$ | 2.00 billion current US$ | 2.89 billion current US$ | 10 |
| 2020s | 2.14 billion current US$ | 907.22 million current US$ | 3.04 billion current US$ | 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 savings in Bahamas?
- Gross savings in Bahamas was 3.04 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Bahamas?
- The highest recorded value was 3.04 billion current US$ in 2024.
- What is the lowest gross savings recorded in Bahamas?
- The lowest recorded value was 80.20 million current US$ in 1978.
- How does Bahamas rank for gross savings?
- Bahamas ranks 127th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Bahamas?
- Over the last ten years it is up 29.7%. 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 Offices (NSOs), published as part of Gross savings (current US$). 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
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.