Gross national savings — all countries

Gross national savings — Bahamas

Gross national savings in the Bahamas in 2024 — 19.2%. Ranked 89 in the world out of 146. Since 1977, the indicator has risen by 3.4 pp.

2024 19.2% +0.3 pp vs 2023
World rank 89of 146
Period maximum 39.6%1996
Period minimum 8.8%2020

Trend over time

1977–2024 · % of GDP

Gross national savings — Bahamas, 1977–202401020304019771982198719921997200220072012201720221977: 15.8%1978: 9.6%1979: 9.6%1980: 15.8%1981: 13.2%1982: 19.7%1983: 21.5%1984: 13.7%1985: 17%1986: 17%1987: 17.5%1989: 19.8%1990: 19%1991: 14.5%1992: 19.4%1993: 17.1%1994: 16.4%1995: 31.8%1996: 39.6%1997: 28.8%1998: 27.6%1999: 33.8%2000: 32.7%2001: 28.7%2002: 32.1%2003: 31.2%2004: 32.7%2005: 29.8%2006: 26.6%2007: 27.8%2008: 26.6%2009: 25.3%2010: 23.4%2011: 20.6%2012: 20.8%2013: 21%2014: 21%2015: 20.9%2016: 22.8%2017: 16.9%2018: 15.6%2019: 21.8%2020: 8.8%2021: 9.4%2022: 19.8%2023: 18.9%2024: 19.2%
Change over the period: +3.4 pp Annual average: 0.07 pp

Comparison, 2024

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

Bahamas 19.2%
World 26.1%
Gross national savings — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2024 19.2 +0.3 pp
2023 18.9 −0.8 pp
2022 19.8 +10.4 pp
2021 9.4 +0.6 pp
2020 8.8 −13 pp
2019 21.8 +6.2 pp
2018 15.6 −1.3 pp
2017 16.9 −5.9 pp
2016 22.8 +1.9 pp
2015 20.9 −0.1 pp
2014 21 +0.1 pp
2013 21 +0.1 pp
2012 20.8 +0.3 pp
2011 20.6 −2.9 pp
2010 23.4 −1.9 pp
2009 25.3 −1.2 pp
2008 26.6 −1.2 pp
2007 27.8 +1.2 pp
2006 26.6 −3.2 pp
2005 29.8 −2.9 pp
2004 32.7 +1.5 pp
2003 31.2 −0.9 pp
2002 32.1 +3.4 pp
2001 28.7 −3.9 pp
2000 32.7 −1.1 pp
1999 33.8 +6.3 pp
1998 27.6 −1.3 pp
1997 28.8 −10.8 pp
1996 39.6 +7.8 pp
1995 31.8 +15.4 pp
1994 16.4 −0.6 pp
1993 17.1 −2.3 pp
1992 19.4 +4.9 pp
1991 14.5 −4.5 pp
1990 19 −0.8 pp
1989 19.8
1987 17.5 +0.5 pp
1986 17 −0.1 pp
1985 17 +3.3 pp
1984 13.7 −7.7 pp
1983 21.5 +1.7 pp
1982 19.7 +6.5 pp
1981 13.2 −2.6 pp
1980 15.8 +6.1 pp
1979 9.6 −0 pp
1978 9.6 −6.2 pp
1977 15.8

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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