Service imports in Bahamas
Bahamas: Service imports was 2.47 billion BoP, current US$ in 2024. ◆ Volatile
Service imports in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bahamas recorded 2.47 billion BoP, current US$ for service imports in 2024. That is the highest value across all 49 years on record.
That represents a change of up 12.5% on the previous year and up 43.1% over ten years.
Over the whole period, service imports in Bahamas peaked at 2.47 billion BoP, current US$ in 2024 and was at its lowest, 137.30 million BoP, current US$, in 1976.
Bahamas ranks 113th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 192.57 million BoP, current US$ | 137.30 million BoP, current US$ | 227.80 million BoP, current US$ | 4 |
| 1980s | 393.49 million BoP, current US$ | 263.70 million BoP, current US$ | 522.00 million BoP, current US$ | 10 |
| 1990s | 694.79 million BoP, current US$ | 515.50 million BoP, current US$ | 990.90 million BoP, current US$ | 10 |
| 2000s | 1.24 billion BoP, current US$ | 973.20 million BoP, current US$ | 1.61 billion BoP, current US$ | 10 |
| 2010s | 1.59 billion BoP, current US$ | 1.18 billion BoP, current US$ | 1.84 billion BoP, current US$ | 10 |
| 2020s | 1.94 billion BoP, current US$ | 1.39 billion BoP, current US$ | 2.47 billion BoP, current US$ | 5 |
Countries ranked near Bahamas
- 110 Trinidad and Tobago 2.80 billion BoP, current US$ compare
- 111 Tanzania 2.80 billion BoP, current US$ compare
- 112 Paraguay 2.75 billion BoP, current US$ compare
- 114 Namibia 2.47 billion BoP, current US$ compare
- 115 Cameroon 2.40 billion BoP, current US$ compare
- 116 Papua New Guinea 2.40 billion BoP, current US$ compare
More economy & growth data for Bahamas
- Industry (including construction), value added 9.6% (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)
- Exports of goods and services 6.2% (2024)
- Gross fixed capital formation 20.7% (2024)
- Gross fixed capital formation 3.59 billion constant 2015 US$ (2024)
Frequently asked questions
- What is service imports in Bahamas?
- Service imports in Bahamas was 2.47 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Bahamas?
- The highest recorded value was 2.47 billion BoP, current US$ in 2024.
- What is the lowest service imports recorded in Bahamas?
- The lowest recorded value was 137.30 million BoP, current US$ in 1976.
- How does Bahamas rank for service imports?
- Bahamas ranks 113th out of 199 countries with data for 2024.
- Is service imports rising or falling in Bahamas?
- Over the last ten years it is up 43.1%. 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 Service imports (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
Imports of services are services provided by non-residents to residents. 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.