Net financial account in Bahamas
Bahamas: Net financial account was -904.76 million BoP, current US$ in 2024. ◆ Volatile
Net financial account in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Bahamas stood at -904.76 million BoP, current US$.
Compared with earlier readings it is up 27.4% on the previous year and up 38.5% over ten years.
Over the whole period, net financial account in Bahamas peaked at 374.59 million BoP, current US$ in 2019 and was at its lowest, -1.69 billion BoP, current US$, in 2020.
Bahamas ranks 128th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.03 million BoP, current US$ | -31.30 million BoP, current US$ | 39.10 million BoP, current US$ | 4 |
| 1980s | -40.80 million BoP, current US$ | -157.50 million BoP, current US$ | 72.70 million BoP, current US$ | 10 |
| 1990s | -218.79 million BoP, current US$ | -698.50 million BoP, current US$ | 8.70 million BoP, current US$ | 10 |
| 2000s | -706.08 million BoP, current US$ | -1.36 billion BoP, current US$ | -174.82 million BoP, current US$ | 10 |
| 2010s | -859.02 million BoP, current US$ | -1.47 billion BoP, current US$ | 374.59 million BoP, current US$ | 10 |
| 2020s | -1.30 billion BoP, current US$ | -1.69 billion BoP, current US$ | -904.76 million BoP, current US$ | 5 |
Countries ranked near Bahamas
- 125 Niger -842.10 million BoP, current US$ compare
- 126 New Caledonia -860.12 million BoP, current US$ compare
- 127 Angola -902.99 million BoP, current US$ compare
- 129 Georgia -908.15 million BoP, current US$ compare
- 130 Mali -923.65 million BoP, current US$ compare
- 131 Zambia -934.11 million BoP, current US$ compare
More economy & growth data for Bahamas
- Services, value added 12.22 billion current US$ (2024)
- Gross national expenditure 14.30 billion constant 2015 US$ (2024)
- Services, value added 12.22 billion current LCU (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)
- Exports of goods and services 6.2% (2024)
- Industry (including construction), value added 9.6% (2024)
- Gross fixed capital formation 20.7% (2024)
Frequently asked questions
- What is net financial account in Bahamas?
- Net financial account in Bahamas was -904.76 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Bahamas?
- The highest recorded value was 374.59 million BoP, current US$ in 2019.
- What is the lowest net financial account recorded in Bahamas?
- The lowest recorded value was -1.69 billion BoP, current US$ in 2020.
- How does Bahamas rank for net financial account?
- Bahamas ranks 128th out of 198 countries with data for 2024.
- Is net financial account rising or falling in Bahamas?
- Over the last ten years it is up 38.5%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.