Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Bahamas

Household consumption (% of GDP) in the Bahamas in 2024 — 64.3%. Ranked 79 in the world out of 168. Since 1977, the indicator has risen by 8.6 pp.

2024 64.3% +0.9 pp vs 2023
World rank 79of 168
Period maximum 69.6%1996
Period minimum 55.7%1977

Trend over time

1977–2024 · % of GDP

Household consumption (% of GDP) — Bahamas, 1977–20245560657019771982198719921997200220072012201720221977: 55.7%1978: 58.1%1979: 65.9%1980: 61.7%1981: 62.3%1982: 59.1%1983: 57.4%1984: 65.4%1985: 62.9%1986: 63.5%1987: 63.7%1989: 62.5%1990: 62.8%1991: 65.9%1992: 64.6%1993: 66.7%1994: 65.4%1995: 68.1%1996: 69.6%1997: 59.4%1998: 60.5%1999: 58%2000: 57.3%2001: 60.5%2002: 56.8%2003: 57.9%2004: 58.5%2005: 59.4%2006: 61.5%2007: 60.4%2008: 61.3%2009: 60.6%2010: 61.7%2011: 63%2012: 63.6%2013: 64.5%2014: 64.5%2015: 63.7%2016: 64.4%2017: 66.5%2018: 66.1%2019: 60.4%2020: 63.2%2021: 66.7%2022: 62.1%2023: 63.4%2024: 64.3%
Change over the period: +8.6 pp Annual average: 0.18 pp

Comparison, 2024

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

Bahamas 64.3%
World 56.6%
High-income countries computed 58.9%
Household consumption (% of GDP) — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2024 64.3 +0.9 pp
2023 63.4 +1.3 pp
2022 62.1 −4.5 pp
2021 66.7 +3.5 pp
2020 63.2 +2.8 pp
2019 60.4 −5.7 pp
2018 66.1 −0.5 pp
2017 66.5 +2.1 pp
2016 64.4 +0.7 pp
2015 63.7 −0.8 pp
2014 64.5 +0 pp
2013 64.5 +0.9 pp
2012 63.6 +0.6 pp
2011 63 +1.3 pp
2010 61.7 +1.1 pp
2009 60.6 −0.7 pp
2008 61.3 +0.8 pp
2007 60.4 −1.1 pp
2006 61.5 +2.1 pp
2005 59.4 +0.9 pp
2004 58.5 +0.6 pp
2003 57.9 +1.2 pp
2002 56.8 −3.8 pp
2001 60.5 +3.2 pp
2000 57.3 −0.7 pp
1999 58 −2.5 pp
1998 60.5 +1.2 pp
1997 59.4 −10.3 pp
1996 69.6 +1.6 pp
1995 68.1 +2.7 pp
1994 65.4 −1.3 pp
1993 66.7 +2.1 pp
1992 64.6 −1.3 pp
1991 65.9 +3.1 pp
1990 62.8 +0.3 pp
1989 62.5
1987 63.7 +0.1 pp
1986 63.5 +0.7 pp
1985 62.9 −2.6 pp
1984 65.4 +8.1 pp
1983 57.4 −1.7 pp
1982 59.1 −3.2 pp
1981 62.3 +0.6 pp
1980 61.7 −4.2 pp
1979 65.9 +7.8 pp
1978 58.1 +2.4 pp
1977 55.7

Caribbean, 2024

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

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

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