PPP conversion factor, GDP in Bahamas
Bahamas: PPP conversion factor, GDP was 0.9563 LCU per international $ in 2024. ▬ Flat
PPP conversion factor, GDP in Bahamas, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in Bahamas is 0.9563 LCU per international $, measured in 2024.
The figure is down 2.1% on the previous year and up 4.1% over ten years.
Over the whole period, ppp conversion factor, gdp in Bahamas peaked at 0.9916 LCU per international $ in 1999 and was at its lowest, 0.8986 LCU per international $, in 2011.
Bahamas ranks 153rd of 204 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9636 LCU per international $ | 0.9384 LCU per international $ | 0.9916 LCU per international $ | 10 |
| 2000s | 0.9651 LCU per international $ | 0.94 LCU per international $ | 0.9832 LCU per international $ | 10 |
| 2010s | 0.9266 LCU per international $ | 0.8986 LCU per international $ | 0.9559 LCU per international $ | 10 |
| 2020s | 0.9647 LCU per international $ | 0.9503 LCU per international $ | 0.9776 LCU per international $ | 5 |
Countries ranked near Bahamas
- 150 United States 1 LCU per international $ compare
- 151 Turks and Caicos Islands 0.9868 LCU per international $ compare
- 152 Micronesia (country) 0.9587 LCU per international $ compare
- 154 Marshall Islands 0.947 LCU per international $ compare
- 155 Cayman Islands 0.9426 LCU per international $ compare
- 156 Fiji 0.9347 LCU per international $ compare
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 ppp conversion factor, gdp in Bahamas?
- Ppp conversion factor, gdp in Bahamas was 0.9563 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Bahamas?
- The highest recorded value was 0.9916 LCU per international $ in 1999.
- What is the lowest ppp conversion factor, gdp recorded in Bahamas?
- The lowest recorded value was 0.8986 LCU per international $ in 2011.
- How does Bahamas rank for ppp conversion factor, gdp?
- Bahamas ranks 153rd out of 204 countries with data for 2024.
- Is ppp conversion factor, gdp rising or falling in Bahamas?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is flat.
- Where does this Bahamas data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.