Net trade in goods in Bahamas
Bahamas: Net trade in goods was -3.72 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bahamas recorded -3.72 billion BoP, current US$ for net trade in goods in 2024. That is the lowest value across all 49 years on record.
The figure is down 15.9% on the previous year and down 48.3% over ten years.
Over the whole period, net trade in goods in Bahamas peaked at -162.00 million BoP, current US$ in 1976 and was at its lowest, -3.72 billion BoP, current US$, in 2024.
That places Bahamas 140th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -232.70 million BoP, current US$ | -336.80 million BoP, current US$ | -162.00 million BoP, current US$ | 4 |
| 1980s | -574.54 million BoP, current US$ | -910.80 million BoP, current US$ | -423.70 million BoP, current US$ | 10 |
| 1990s | -964.01 million BoP, current US$ | -1.37 billion BoP, current US$ | -738.00 million BoP, current US$ | 10 |
| 2000s | -1.71 billion BoP, current US$ | -2.24 billion BoP, current US$ | -1.33 billion BoP, current US$ | 10 |
| 2010s | -2.33 billion BoP, current US$ | -2.68 billion BoP, current US$ | -1.89 billion BoP, current US$ | 10 |
| 2020s | -2.84 billion BoP, current US$ | -3.72 billion BoP, current US$ | -1.59 billion BoP, current US$ | 5 |
Countries ranked near Bahamas
- 137 Nicaragua -3.29 billion BoP, current US$ compare
- 138 Haiti -3.50 billion BoP, current US$ compare
- 139 Syria -3.60 billion BoP, current US$ compare
- 141 Japan -3.74 billion BoP, current US$ compare
- 142 North Macedonia -3.80 billion BoP, current US$ compare
- 143 Mauritius -3.98 billion 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 trade in goods in Bahamas?
- Net trade in goods in Bahamas was -3.72 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Bahamas?
- The highest recorded value was -162.00 million BoP, current US$ in 1976.
- What is the lowest net trade in goods recorded in Bahamas?
- The lowest recorded value was -3.72 billion BoP, current US$ in 2024.
- How does Bahamas rank for net trade in goods?
- Bahamas ranks 140th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Bahamas?
- Over the last ten years it is down 48.3%. 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 trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.