GDP growth (annual %) (UNESCO Institute) in Bahamas
Bahamas: GDP growth (annual %) (UNESCO Institute) was 3.4% in 2024. ◆ Volatile
GDP growth in Bahamas, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Bahamas stood at 3.4%.
The figure is up 10.8% on the previous year and up 82.9% over ten years.
Over the whole period, gdp growth in Bahamas peaked at 26.1% in 1979 and was at its lowest, -20.1%, in 2020.
That places Bahamas 101st out of 212 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 growth (annual %) (UNESCO Institute) in Bahamas, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | -5.6% | — |
| 1971 | 1.6% | -128.8% |
| 1972 | -3.5% | -315.0% |
| 1973 | 7.6% | -316.4% |
| 1974 | -16.8% | -321.4% |
| 1975 | -14.8% | -11.6% |
| 1976 | 5.2% | -135.0% |
| 1977 | 9.2% | +76.6% |
| 1978 | 14.2% | +54.9% |
| 1979 | 26.1% | +84.3% |
| 1980 | 6.5% | -75.2% |
| 1981 | -9.2% | -242.0% |
| 1982 | 6.7% | -172.6% |
| 1983 | 3.6% | -46.3% |
| 1984 | 14.2% | +294.0% |
| 1985 | 4.8% | -65.9% |
| 1986 | 1.8% | -62.8% |
| 1987 | 3.0% | +66.1% |
| 1988 | 2.3% | -22.6% |
| 1989 | 6.7% | +191.3% |
| 1990 | -1.6% | -123.7% |
| 1991 | -4.2% | +162.0% |
| 1992 | -3.8% | -8.5% |
| 1993 | 0.3% | -108.0% |
| 1994 | 3.1% | +923.0% |
| 1995 | 4.4% | +39.1% |
| 1996 | 4.2% | -3.5% |
| 1997 | 1.3% | -69.5% |
| 1998 | 4.7% | +266.3% |
| 1999 | 7.1% | +51.5% |
| 2000 | 4.1% | -41.9% |
| 2001 | 2.6% | -36.7% |
| 2002 | 2.7% | +3.0% |
| 2003 | -1.3% | -146.8% |
| 2004 | 0.9% | -169.8% |
| 2005 | 3.4% | +284.9% |
| 2006 | 2.5% | -25.9% |
| 2007 | 1.4% | -42.5% |
| 2008 | -2.3% | -260.7% |
| 2009 | -4.2% | +79.7% |
| 2010 | 1.5% | -136.9% |
| 2011 | 0.6% | -60.1% |
| 2012 | 4.5% | +637.2% |
| 2013 | -2.9% | -163.3% |
| 2014 | 1.8% | -164.5% |
| 2015 | 1.0% | -46.0% |
| 2016 | -1.2% | -216.0% |
| 2017 | 3.4% | -391.6% |
| 2018 | 2.4% | -28.9% |
| 2019 | -0.8% | -135.0% |
| 2020 | -20.1% | +2294.3% |
| 2021 | 17.6% | -187.5% |
| 2022 | 10.9% | -38.1% |
| 2023 | 3.0% | -72.0% |
| 2024 | 3.4% | +10.8% |
Bahamas compared with similar countries
- Bahamas's 3.4% is above the median for high income countries, which is 2.3%, 1.5× the median. (83 countries reporting)
- Bahamas's 3.4% is above the median for Latin America & Caribbean, which is 3.4%, 1.0× the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 |
|---|---|---|---|
| 2020 | -2294.3% | -0.8% | -20.1% |
| 1994 | +923.0% | 0.3% | 3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.3% | -16.8% | 26.1% | 10 |
| 1980s | 4.0% | -9.2% | 14.2% | 10 |
| 1990s | 1.6% | -4.2% | 7.1% | 10 |
| 2000s | 1.0% | -4.2% | 4.1% | 10 |
| 2010s | 1.0% | -2.9% | 4.5% | 10 |
| 2020s | 3.0% | -20.1% | 17.6% | 5 |
Countries ranked near Bahamas
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)
- Population growth rate -0.254 (2100)
- Population density 38.46 (2100)
- Projected population under age 5 17,118 (2100)
Frequently asked questions
- What is gdp growth in Bahamas?
- Gdp growth in Bahamas was 3.4% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Bahamas?
- The highest recorded value was 26.1% in 1979.
- What is the lowest gdp growth recorded in Bahamas?
- The lowest recorded value was -20.1% in 2020.
- How does Bahamas rank for gdp growth?
- Bahamas ranks 101st out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Bahamas?
- Over the last ten years it is up 82.9%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release