Tax revenue (% of GDP) — all countries

Tax revenue (% of GDP) — Bahamas

Tax revenue (% of GDP) in the Bahamas in 2024 — 17.28%. Ranked 51 in the world out of 89. Since 1990, the indicator has risen by 3.42 pp.

2024 17.28% +1.08 pp vs 2023
World rank 51of 89
Period maximum 17.93%2020
Period minimum 9%2002

Trend over time

1990–2024 · % of GDP

Tax revenue (% of GDP) — Bahamas, 1990–20247.51012.51517.52019901994199820022006201020142018202220241990: 13.86%1991: 13.64%1992: 15.43%1993: 15.39%1994: 16.72%1995: 17.35%1996: 17.05%1997: 10.4%1998: 9.97%1999: 10.32%2000: 10.68%2001: 9.86%2002: 9%2003: 9.29%2004: 9.43%2005: 10%2006: 11.25%2007: 11.36%2008: 12.12%2009: 11.25%2010: 10.76%2011: 13.01%2012: 12.04%2013: 11.77%2014: 11.29%2015: 12.7%2016: 14.13%2017: 14.79%2018: 14.32%2019: 16.56%2020: 17.93%2021: 13.39%2022: 15.53%2023: 16.2%2024: 17.28%
Change over the period: +3.42 pp Annual average: 0.1 pp

Comparison, 2024

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

Bahamas 17.28%
World 13.82%
Tax revenue (% of GDP) — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2024 17.28 +1.08 pp
2023 16.2 +0.67 pp
2022 15.53 +2.14 pp
2021 13.39 −4.54 pp
2020 17.93 +1.37 pp
2019 16.56 +2.24 pp
2018 14.32 −0.47 pp
2017 14.79 +0.66 pp
2016 14.13 +1.43 pp
2015 12.7 +1.41 pp
2014 11.29 −0.48 pp
2013 11.77 −0.27 pp
2012 12.04 −0.97 pp
2011 13.01 +2.25 pp
2010 10.76 −0.49 pp
2009 11.25 −0.87 pp
2008 12.12 +0.76 pp
2007 11.36 +0.11 pp
2006 11.25 +1.25 pp
2005 10 +0.57 pp
2004 9.43 +0.14 pp
2003 9.29 +0.29 pp
2002 9 −0.86 pp
2001 9.86 −0.82 pp
2000 10.68 +0.36 pp
1999 10.32 +0.35 pp
1998 9.97 −0.42 pp
1997 10.4 −6.65 pp
1996 17.05 −0.3 pp
1995 17.35 +0.63 pp
1994 16.72 +1.32 pp
1993 15.39 −0.04 pp
1992 15.43 +1.79 pp
1991 13.64 −0.22 pp
1990 13.86

Caribbean, 2024

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

About the indicator

Central government tax revenue as a percent of GDP, excluding compulsory social contributions and revenue from fines and penalties. A level of 15% of GDP is considered the minimum threshold at which a state is able to provide basic services and infrastructure.

Important: Only the central budget is counted — in federal states the overall tax burden is substantially higher.

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