GDP growth — all countries

GDP growth — Bahamas

GDP growth in the Bahamas in 2024 — 3.38%. Ranked 101 in the world out of 200. Since 1961, the indicator has fallen by 7.29 pp.

2024 3.38% +0.33 pp vs 2023
World rank 101of 200
Period maximum 26.14%1979
Period minimum -20.09%2020

Trend over time

1961–2024 · % per year

GDP growth — Bahamas, 1961–2024-40-200204019611968197519821989199620032010201720241961: 10.67%1963: 10.52%1965: 10.43%1967: 9.6%1969: 8.98%1971: 1.63%1973: 7.57%1975: -14.8%1977: 9.15%1979: 26.14%1981: -9.23%1983: 3.6%1985: 4.83%1987: 2.98%1989: 6.73%1991: -4.18%1993: 0.31%1995: 4.38%1997: 1.29%1999: 7.14%2001: 2.63%2003: -1.26%2005: 3.4%2007: 1.45%2009: -4.18%2011: 0.61%2013: -2.86%2015: 1%2017: 3.37%2019: -0.84%2021: 17.59%2023: 3.05%2024: 3.38%
Change over the period: −7.29 pp Annual average: -0.12 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Bahamas

Bahamas 3.38%
World 2.9%
Caribbean computed 3.12%
High-income countries computed 2.02%
GDP growth — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2024 3.38 +0.33 pp
2023 3.05 −7.83 pp
2022 10.88 −6.71 pp
2021 17.59 +37.68 pp
2020 -20.09 −19.25 pp
2019 -0.84 −3.24 pp
2018 2.4 −0.97 pp
2017 3.37 +4.53 pp
2016 -1.16 −2.15 pp
2015 1 −0.85 pp
2014 1.85 +4.71 pp
2013 -2.86 −7.38 pp
2012 4.52 +3.91 pp
2011 0.61 −0.93 pp
2010 1.54 +5.71 pp
2009 -4.18 −1.85 pp
2008 -2.32 −3.77 pp
2007 1.45 −1.07 pp
2006 2.52 −0.88 pp
2005 3.4 +2.51 pp
2004 0.88 +2.15 pp
2003 -1.26 −3.97 pp
2002 2.7 +0.08 pp
2001 2.63 −1.52 pp
2000 4.15 −3 pp
1999 7.14 +2.43 pp
1998 4.72 +3.43 pp
1997 1.29 −2.94 pp
1996 4.22 −0.16 pp
1995 4.38 +1.23 pp
1994 3.15 +2.84 pp
1993 0.31 +4.13 pp
1992 -3.83 +0.36 pp
1991 -4.18 −2.59 pp
1990 -1.6 −8.32 pp
1989 6.73 +4.42 pp
1988 2.31 −0.67 pp
1987 2.98 +1.19 pp
1986 1.8 −3.03 pp
1985 4.83 −9.34 pp
1984 14.17 +10.57 pp
1983 3.6 −3.1 pp
1982 6.7 +15.93 pp
1981 -9.23 −15.72 pp
1980 6.5 −19.64 pp
1979 26.14 +11.96 pp
1978 14.18 +5.02 pp
1977 9.15 +3.97 pp
1976 5.19 +19.99 pp
1975 -14.8 +1.95 pp
1974 -16.75 −24.32 pp
1973 7.57 +11.06 pp
1972 -3.5 −5.12 pp
1971 1.63 +7.28 pp
1970 -5.65 −14.63 pp
1969 8.98 +0.56 pp
1968 8.42 −1.18 pp
1967 9.6 +0.53 pp
1966 9.07 −1.35 pp
1965 10.43 −0.08 pp
1964 10.5 −0.02 pp
1963 10.52 +0.07 pp
1962 10.45 −0.22 pp
1961 10.67

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.