Inflation, GDP deflator in Bahamas
Bahamas: Inflation, GDP deflator was 0.3% in 2024. ◆ Volatile
Inflation, GDP deflator in Bahamas, 1961–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Bahamas is 0.3%, measured in 2024.
The figure is down 95.7% on the previous year and down 93.5% over ten years.
Over the whole period, inflation, gdp deflator in Bahamas peaked at 73.2% in 1997 and was at its lowest, -2.3%, in 2020.
Bahamas ranks 186th of 213 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 |
|---|---|---|---|---|
| 1960s | 3.3% | 1.1% | 8.9% | 9 |
| 1970s | 6.2% | 1.7% | 13.2% | 10 |
| 1980s | 6.4% | 1.5% | 17.7% | 10 |
| 1990s | 9.6% | -0.9% | 73.2% | 10 |
| 2000s | 1.7% | -1.0% | 5.1% | 10 |
| 2010s | 1.9% | -0.9% | 5.2% | 10 |
| 2020s | 1.5% | -2.3% | 6.6% | 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 inflation, gdp deflator in Bahamas?
- Inflation, gdp deflator in Bahamas was 0.3% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Bahamas?
- The highest recorded value was 73.2% in 1997.
- What is the lowest inflation, gdp deflator recorded in Bahamas?
- The lowest recorded value was -2.3% in 2020.
- How does Bahamas rank for inflation, gdp deflator?
- Bahamas ranks 186th out of 213 countries with data for 2024.
- Is inflation, gdp deflator rising or falling in Bahamas?
- Over the last ten years it is down 93.5%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.