Service exports — all countries

Service exports — Bahamas

Service exports in the Bahamas in 2024 — 5,896,984,361 US$. Ranked 88 in the world out of 165. Since 1976, the indicator has risen by 1,240.2%.

2024 5.9B US$ +14.54% vs 2023
World rank 88of 165
Period maximum 5.9B US$2024
Period minimum 440M US$1976

Trend over time

1976–2024 · US$

Service exports — Bahamas, 1976–202402B4B6B197619811986199119962001200620112016202120241976: 440,000,000 US$1977: 519,700,000 US$1978: 583,100,000 US$1979: 657,100,000 US$1980: 746,000,000 US$1981: 787,500,000 US$1982: 794,100,000 US$1983: 891,100,000 US$1984: 931,200,000 US$1985: 1,121,900,000 US$1986: 1,228,700,000 US$1987: 1,265,600,000 US$1988: 1,275,200,000 US$1989: 1,474,300,000 US$1990: 1,500,100,000 US$1991: 1,354,000,000 US$1992: 1,389,600,000 US$1993: 1,459,000,000 US$1994: 1,510,600,000 US$1995: 1,542,300,000 US$1996: 1,578,200,000 US$1997: 1,592,900,000 US$1998: 1,533,000,000 US$1999: 1,800,600,000 US$2000: 1,973,220,000 US$2001: 1,804,400,000 US$2002: 2,061,792,178 US$2003: 2,054,660,000 US$2004: 2,244,080,000 US$2005: 2,510,904,015 US$2006: 2,436,080,000 US$2007: 2,599,340,000 US$2008: 2,533,924,563 US$2009: 2,350,857,000 US$2010: 2,493,573,000 US$2011: 2,493,608,000 US$2012: 2,691,377,600 US$2013: 2,671,240,000 US$2014: 2,724,801,051 US$2015: 2,895,504,509 US$2016: 3,399,808,723 US$2017: 3,192,086,157 US$2018: 4,110,150,473 US$2019: 4,468,513,518 US$2020: 1,257,053,699 US$2021: 2,691,240,181 US$2022: 4,611,012,020 US$2023: 5,148,414,907 US$2024: 5,896,984,361 US$
Change over the period: +5.46B (+1,240.22%) Average annual rate: 5.56 %

Comparison, 2024

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

Bahamas 5.9B US$
World 8.85T US$
High-income countries computed 7.04T US$
Service exports — Bahamas, by year Bahamas All countries CSV XLSX
Year US$ Change Change, %
2024 5.9B +749M +14.54%
2023 5.15B +537M +11.65%
2022 4.61B +1.92B +71.33%
2021 2.69B +1.43B +114.09%
2020 1.26B −3.21B −71.87%
2019 4.47B +358M +8.72%
2018 4.11B +918M +28.76%
2017 3.19B −208M −6.11%
2016 3.4B +504M +17.42%
2015 2.9B +171M +6.26%
2014 2.72B +53.56M +2.01%
2013 2.67B −20.14M −0.75%
2012 2.69B +198M +7.93%
2011 2.49B +35,000 +0%
2010 2.49B +143M +6.07%
2009 2.35B −183M −7.22%
2008 2.53B −65.42M −2.52%
2007 2.6B +163M +6.7%
2006 2.44B −74.82M −2.98%
2005 2.51B +267M +11.89%
2004 2.24B +189M +9.22%
2003 2.05B −7.13M −0.35%
2002 2.06B +257M +14.26%
2001 1.8B −169M −8.56%
2000 1.97B +173M +9.59%
1999 1.8B +268M +17.46%
1998 1.53B −59.9M −3.76%
1997 1.59B +14.7M +0.93%
1996 1.58B +35.9M +2.33%
1995 1.54B +31.7M +2.1%
1994 1.51B +51.6M +3.54%
1993 1.46B +69.4M +4.99%
1992 1.39B +35.6M +2.63%
1991 1.35B −146M −9.74%
1990 1.5B +25.8M +1.75%
1989 1.47B +199M +15.61%
1988 1.28B +9.6M +0.76%
1987 1.27B +36.9M +3%
1986 1.23B +107M +9.52%
1985 1.12B +191M +20.48%
1984 931M +40.1M +4.5%
1983 891M +97M +12.22%
1982 794M +6.6M +0.84%
1981 788M +41.5M +5.56%
1980 746M +88.9M +13.53%
1979 657M +74M +12.69%
1978 583M +63.4M +12.2%
1977 520M +79.7M +18.11%
1976 440M

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

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