Bahamas GDP Growth Rate 1961-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Bahamas gdp growth rate for 2022 was 14.37%, a 2.62% decline from 2021.
  • Bahamas gdp growth rate for 2021 was 16.98%, a 40.49% increase from 2020.
  • Bahamas gdp growth rate for 2020 was -23.51%, a 22.76% decline from 2019.
  • Bahamas gdp growth rate for 2019 was -0.74%, a 2.28% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Bahamas 14.37%
Ireland 11.97%
Panama 10.81%
Barbados 10.00%
Sint Maarten (Dutch part) 9.70%
St. Kitts and Nevis 9.00%
Andorra 8.81%
Seychelles 8.80%
Saudi Arabia 8.74%
Antigua and Barbuda 8.46%
Kuwait 8.18%
UAE 7.41%
Malta 6.85%
Portugal 6.69%
Israel 6.46%
Iceland 6.44%
Croatia 6.33%
Greece 5.91%
Cyprus 5.63%
Spain 5.45%
Slovenia 5.37%
Argentina 5.24%
Austria 5.00%
Uruguay 4.92%
Poland 4.87%
Bahrain 4.86%
Qatar 4.83%
Hungary 4.58%
Netherlands 4.48%
Oman 4.31%
United Kingdom 4.10%
Denmark 3.82%
Italy 3.67%
Singapore 3.65%
Australia 3.62%
Canada 3.40%
Puerto Rico 3.36%
Norway 3.28%
Belgium 3.25%
Bermuda 2.93%
Sweden 2.64%
France 2.56%
South Korea 2.56%
Trinidad and Tobago 2.48%
Czech Republic 2.46%
Chile 2.44%
New Zealand 2.16%
Finland 2.08%
United States 2.06%
Switzerland 2.06%
Latvia 1.98%
Lithuania 1.89%
Germany 1.79%
Slovak Republic 1.67%
Luxembourg 1.55%
Japan 1.03%
Turks and Caicos Islands -0.50%
Estonia -1.29%
Brunei -1.63%
Hong Kong -3.48%
Macao -26.76%
Bahamas GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 14.37% -2.62%
2021 16.98% 40.49%
2020 -23.51% -22.76%
2019 -0.74% -2.28%
2018 1.53% -0.88%
2017 2.42% 2.48%
2016 -0.07% -1.06%
2015 1.00% -0.85%
2014 1.85% 4.71%
2013 -2.86% -5.95%
2012 3.09% 2.47%
2011 0.61% -0.93%
2010 1.54% 5.71%
2009 -4.18% -1.85%
2008 -2.32% -3.77%
2007 1.45% -1.07%
2006 2.52% -0.88%
2005 3.40% 2.51%
2004 0.88% 2.15%
2003 -1.26% -3.97%
2002 2.70% 0.08%
2001 2.63% -1.52%
2000 4.15% -8.05%
1999 12.20% 16.70%
1998 -4.50% -11.38%
1997 6.88% 2.65%
1996 4.22% -0.16%
1995 4.38% 1.23%
1994 3.15% 2.84%
1993 0.31% 4.13%
1992 -3.83% 0.36%
1991 -4.18% -2.59%
1990 -1.60% -8.32%
1989 6.73% 4.42%
1988 2.31% -0.67%
1987 2.98% 1.19%
1986 1.80% -3.03%
1985 4.83% -9.34%
1984 14.17% 10.57%
1983 3.60% -3.10%
1982 6.70% 15.93%
1981 -9.23% -15.72%
1980 6.50% -19.64%
1979 26.14% 11.96%
1978 14.18% 5.02%
1977 9.15% 3.97%
1976 5.19% 19.99%
1975 -14.80% 1.95%
1974 -16.75% -24.32%
1973 7.57% 11.06%
1972 -3.50% -5.12%
1971 1.63% 7.28%
1970 -5.65% -14.63%
1969 8.98% 0.56%
1968 8.42% -1.18%
1967 9.60% 0.53%
1966 9.07% -1.35%
1965 10.43% -0.08%
1964 10.50% -0.02%
1963 10.52% 0.07%
1962 10.45% -0.22%
1961 10.67% -0.22%