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Bahamas

Headline economic indicators for Bahamas, with the most recent official readings.

Prices

Prices — Bahamas
Indicator Value Change
Inflation rate · 1.1% +0.70 (+171.0%)
Consumer price index · 132.2 +1.45 (+1.1%)
GDP deflator inflation · 0.3% -6.35 (-95.7%)

GDP

GDP — Bahamas
Indicator Value Change
GDP growth rate · 3.4% +0.33 (+10.8%)
GDP per capita · 39,455.45 +1,224 (+3.2%)
GDP · 15,832,800,000 +561,500,000 (+3.7%)
GDP, PPP · 16,556,039,744 +929,012,066 (+5.9%)
GDP per capita, PPP · 41,258 +2,135 (+5.5%)
GDP per capita growth · 2.9% +0.35 (+13.5%)
GNI per capita · 37,020 +1,840 (+5.2%)
Agriculture to GDP · 0.5% +0.06 (+13.3%)
Industry to GDP · 9.6% -0.15 (-1.6%)
Manufacturing to GDP · 0.6% -0.23 (-26.4%)
Services to GDP · 77.2% -1.37 (-1.7%)
Household consumption to GDP · 64.3% +0.90 (+1.4%)
Gross capital formation to GDP · 26.8% +3.94 (+17.2%)
Gross savings to GDP · 19.2% +0.27 (+1.4%)

Labour

Labour — Bahamas
Indicator Value Change
Unemployment rate · 9.2% +0.16 (+1.7%)
Labour force participation rate · 73.8% -0.22 (-0.3%)
Female labour force participation rate · 70.7% -0.25 (-0.3%)
Youth unemployment rate · 19.2% +0.96 (+5.2%)
Employment to population ratio · 67.0% -0.32 (-0.5%)
Employment in agriculture · 0.8% -0.03 (-3.3%)
Employment in industry · 14.8% -0.05 (-0.3%)
Employment in services · 84.4% +0.08 (+0.1%)

Money

Money — Bahamas
Indicator Value Change
Real interest rate · 4.0% +6.19 (+276.2%)
Broad money to GDP · 68.8% -3.83 (-5.3%)
Private sector credit to GDP · 51.9% -2.14 (-4.0%)
Lending rate · 4.3% +0.00 (+0.0%)
Bank deposit rate · 0.6% +0.05 (+8.9%)
Official exchange rate · 1 +0.00 (+0.0%)

Trade

Trade — Bahamas
Indicator Value Change
Current account to GDP · -6.6% +0.35 (+5.0%)
Exports to GDP · 37.8% -0.03 (-0.1%)
Imports to GDP · 41.5% +2.72 (+7.0%)
Trade to GDP · 79.2% +2.69 (+3.5%)
Exports of goods and services · 5,982,200,000 +207,900,000 (+3.6%)
Imports of goods and services · 6,564,100,000 +648,300,000 (+11.0%)
Trade balance, goods and services (annual) · -297,869,650.25 -35,676,856 (-13.6%)
Current account balance (annual) · -1,052,660,800.09 +16,435,959 (+1.5%)
Foreign direct investment to GDP · 1.5% -0.59 (-28.0%)
Remittances received to GDP · 0.4% +0.01 (+1.5%)
Total reserves, including gold · 2,813,578,749.73 +181,480,667 (+6.9%)
Reserves in months of imports · 4.0 -0.22 (-5.3%)

Government

Government — Bahamas
Indicator Value Change
Government debt to GDP · 71.5% -2.27 (-3.1%)
Government revenue to GDP · 19.4% +0.69 (+3.7%)
Government expense to GDP · 20.3% -1.98 (-8.9%)
Tax revenue to GDP · 17.3% +1.08 (+6.7%)
Government budget balance to GDP · -1.2% +2.27 (+64.9%)
Government consumption to GDP · 12.9% -0.20 (-1.5%)
Education spending to GDP · 2.7% +0.12 (+4.5%)
Health spending to GDP · 6.3% -0.74 (-10.5%)

Demography

Demography — Bahamas
Indicator Value Change
Population · 403,033 +1,750 (+0.4%)
Population growth · 0.4% -0.03 (-5.5%)
Life expectancy · 74.7 +0.16 (+0.2%)
Fertility rate · 1.37 +0.00 (+0.1%)
Birth rate · 10.8 -0.04 (-0.3%)
Death rate · 8.8 +0.06 (+0.7%)
Urban population share · 81.3% +0.01 (+0.0%)
Population aged 65 and over · 12.1% +0.32 (+2.7%)
Under-five mortality rate · 12.4 -0.30 (-2.4%)
Population density · 40.1 +0.18 (+0.5%)
Net migration · 935 -83.00 (-8.2%)

Economies nearby

Comparable readings from neighbouring economies.