Budget balance — all countries

Budget balance — Bahamas

Budget balance in the Bahamas in 2031 — 0.2%. Ranked 26 in the world out of 188. Since 1990, the indicator has risen by 2.8 pp.

2031 0.2% +0 pp vs 2030
World rank 26of 188
Period maximum 1.8%1999
Period minimum -11.9%2021

Trend over time

1990–2031 · % of GDP

Budget balance — Bahamas, 1990–2031-15-10-5051990199520002005201020152020202520301990: -2.6%1991: -2.3%1992: -2.2%1993: -1.1%1994: -0.4%1995: 0.2%1996: -0.2%1997: -1.6%1998: -0.4%1999: 1.8%2000: 0.1%2001: 0.3%2002: -1.7%2003: -1.6%2004: -1.9%2005: -1.2%2006: -0.4%2007: -0.8%2008: -0.8%2009: -2.4%2010: -2.6%2011: -2.9%2012: -3.3%2013: -5.1%2014: -4.5%2015: -3.3%2016: -2.6%2017: -6.1%2018: -3.3%2019: -1.7%2020: -7.1%2021: -11.9%2022: -5.5%2023: -3.7%2024: -1.2%2025: -0.5%2026: -0.3%2027: -0.3%2028: -0.3%2029: 0.1%2030: 0.2%2031: 0.2%
Change over the period: +2.8 pp Annual average: 0.07 pp

Comparison, 2031

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

Bahamas 0.2%
World computed -4.85%
Latin America & Caribbean computed -3.31%
High-income countries computed -4.26%
Budget balance — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2031 0.2 +0 pp
2030 0.2 +0.1 pp
2029 0.1 +0.4 pp
2028 -0.3 +0 pp
2027 -0.3 +0 pp
2026 -0.3 +0.2 pp
2025 -0.5 +0.7 pp
2024 -1.2 +2.5 pp
2023 -3.7 +1.8 pp
2022 -5.5 +6.4 pp
2021 -11.9 −4.8 pp
2020 -7.1 −5.4 pp
2019 -1.7 +1.6 pp
2018 -3.3 +2.8 pp
2017 -6.1 −3.5 pp
2016 -2.6 +0.7 pp
2015 -3.3 +1.2 pp
2014 -4.5 +0.6 pp
2013 -5.1 −1.8 pp
2012 -3.3 −0.4 pp
2011 -2.9 −0.3 pp
2010 -2.6 −0.2 pp
2009 -2.4 −1.6 pp
2008 -0.8 +0 pp
2007 -0.8 −0.4 pp
2006 -0.4 +0.8 pp
2005 -1.2 +0.7 pp
2004 -1.9 −0.3 pp
2003 -1.6 +0.1 pp
2002 -1.7 −2 pp
2001 0.3 +0.2 pp
2000 0.1 −1.7 pp
1999 1.8 +2.2 pp
1998 -0.4 +1.2 pp
1997 -1.6 −1.4 pp
1996 -0.2 −0.4 pp
1995 0.2 +0.6 pp
1994 -0.4 +0.7 pp
1993 -1.1 +1.1 pp
1992 -2.2 +0.1 pp
1991 -2.3 +0.3 pp
1990 -2.6

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.