GDP (current US$), annual growth rate in Bahamas
Bahamas: GDP (current US$), annual growth rate was 3.68 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Bahamas, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (current us$), annual growth rate in Bahamas stood at 3.68 % change on previous year.
The figure is down 62.8% on the previous year and down 42.0% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Bahamas peaked at 75.46 % change on previous year in 1997 and was at its lowest, -21.95 % change on previous year, in 2020.
That places Bahamas 146th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.28 % change on previous year | — |
| 1972 | 3.05 % change on previous year | -51.4% |
| 1973 | 13.54 % change on previous year | +343.6% |
| 1974 | -5.74 % change on previous year | -142.4% |
| 1975 | -5.72 % change on previous year | -0.2% |
| 1976 | 7.7 % change on previous year | -234.5% |
| 1977 | 11.04 % change on previous year | +43.4% |
| 1978 | 16.75 % change on previous year | +51.7% |
| 1979 | 36.93 % change on previous year | +120.5% |
| 1980 | 17.15 % change on previous year | -53.6% |
| 1981 | 6.83 % change on previous year | -60.2% |
| 1982 | 10.64 % change on previous year | +55.8% |
| 1983 | 9.79 % change on previous year | -8.0% |
| 1984 | 17.79 % change on previous year | +81.8% |
| 1985 | 13.7 % change on previous year | -23.0% |
| 1986 | 6.54 % change on previous year | -52.2% |
| 1987 | 9.77 % change on previous year | +49.3% |
| 1988 | 3.83 % change on previous year | -60.8% |
| 1989 | 8.66 % change on previous year | +126.3% |
| 1990 | 3.4 % change on previous year | -60.8% |
| 1991 | -1.73 % change on previous year | -151.0% |
| 1992 | -0.0694 % change on previous year | -96.0% |
| 1993 | -0.5468 % change on previous year | +687.6% |
| 1994 | 5.4 % change on previous year | -1087.8% |
| 1995 | 5.22 % change on previous year | -3.4% |
| 1996 | 5.25 % change on previous year | +0.6% |
| 1997 | 75.46 % change on previous year | +1337.5% |
| 1998 | 7.91 % change on previous year | -89.5% |
| 1999 | 12.45 % change on previous year | +57.4% |
| 2000 | 5.11 % change on previous year | -59.0% |
| 2001 | 2.99 % change on previous year | -41.5% |
| 2002 | 6.77 % change on previous year | +126.6% |
| 2003 | -0.1246 % change on previous year | -101.8% |
| 2004 | 2.09 % change on previous year | -1775.1% |
| 2005 | 8.62 % change on previous year | +313.0% |
| 2006 | 3.37 % change on previous year | -61.0% |
| 2007 | 4.44 % change on previous year | +31.8% |
| 2008 | -0.8693 % change on previous year | -119.6% |
| 2009 | -5.17 % change on previous year | +494.6% |
| 2010 | 1.14 % change on previous year | -122.1% |
| 2011 | -0.2506 % change on previous year | -122.0% |
| 2012 | 6.45 % change on previous year | -2675.2% |
| 2013 | -2.29 % change on previous year | -135.4% |
| 2014 | 6.34 % change on previous year | -377.2% |
| 2015 | 6.27 % change on previous year | -1.0% |
| 2016 | 0.3658 % change on previous year | -94.2% |
| 2017 | 4.76 % change on previous year | +1202.4% |
| 2018 | 2.99 % change on previous year | -37.2% |
| 2019 | 3.57 % change on previous year | +19.4% |
| 2020 | -21.95 % change on previous year | -714.5% |
| 2021 | 16.15 % change on previous year | -173.6% |
| 2022 | 15.45 % change on previous year | -4.3% |
| 2023 | 9.89 % change on previous year | -36.0% |
| 2024 | 3.68 % change on previous year | -62.8% |
Bahamas compared with similar countries
- Bahamas's 3.68 % change on previous year is below the median for high income countries, which is 5.39 % change on previous year, 68% of the median. (82 countries reporting)
- Bahamas's 3.68 % change on previous year is below the median for Latin America & Caribbean, which is 6.41 % change on previous year, 57% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), annual growth rate in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +2675.2% | -0.2506 % change on previous year | 6.45 % change on previous year |
| 2004 | +1775.1% | -0.1246 % change on previous year | 2.09 % change on previous year |
| 1997 | +1337.5% | 5.25 % change on previous year | 75.46 % change on previous year |
| 2017 | +1202.4% | 0.3658 % change on previous year | 4.76 % change on previous year |
| 1994 | +1087.8% | -0.5468 % change on previous year | 5.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.31 % change on previous year | -5.74 % change on previous year | 36.93 % change on previous year | 9 |
| 1980s | 10.47 % change on previous year | 3.83 % change on previous year | 17.79 % change on previous year | 10 |
| 1990s | 11.27 % change on previous year | -1.73 % change on previous year | 75.46 % change on previous year | 10 |
| 2000s | 2.72 % change on previous year | -5.17 % change on previous year | 8.62 % change on previous year | 10 |
| 2010s | 2.94 % change on previous year | -2.29 % change on previous year | 6.45 % change on previous year | 10 |
| 2020s | 4.64 % change on previous year | -21.95 % change on previous year | 16.15 % change on previous year | 5 |
Countries ranked near Bahamas
- 143 Uruguay 3.81 % change on previous year compare
- 144 Cuba 3.79 % change on previous year compare
- 145 Trinidad and Tobago 3.69 % change on previous year compare
- 147 United States Virgin Islands 3.66 % change on previous year compare
- 148 France 3.61 % change on previous year compare
- 149 Estonia 3.57 % change on previous year compare
More population data for Bahamas
- Population regions with projections, annual growth rate -0.2498 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.02 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2498 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2543 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 450.62 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.5342 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.1342 % change on previous year (2100)
- World population growth -0.3% (2100)
- Population density 38.46 people per km² (2100)
- Number of children under 5, by world region 17,118 people (2100)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Bahamas?
- Gdp (current us$), annual growth rate in Bahamas was 3.68 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Bahamas?
- The highest recorded value was 75.46 % change on previous year in 1997.
- What is the lowest gdp (current us$), annual growth rate recorded in Bahamas?
- The lowest recorded value was -21.95 % change on previous year in 2020.
- How does Bahamas rank for gdp (current us$), annual growth rate?
- Bahamas ranks 146th out of 211 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is down 42.0%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.