Trade balance — all countries

Trade balance — Bahamas

Trade balance in the Bahamas in 2024 — -581,900,000 US$. Ranked 94 in the world out of 171. Since 1977, the indicator has fallen by 594.4%.

2024 -582M US$ −311.24% vs 2023
World rank 94of 171
Period maximum 235M US$2015
Period minimum -1.36B US$2011

Trend over time

1977–2024 · US$

Trade balance — Bahamas, 1977–2024-1.5B-1B-500M0500M19771982198719921997200220072012201720221977: 117,700,000 US$1978: 126,100,000 US$1979: 98,800,000 US$1980: 100,200,000 US$1981: 71,500,000 US$1982: 98,400,000 US$1983: 148,200,000 US$1984: 107,800,000 US$1985: 128,100,000 US$1986: 146,200,000 US$1987: 149,800,000 US$1989: -102,190,000 US$1990: -56,940,000 US$1991: -131,180,000 US$1992: -30,080,000 US$1993: 17,730,000 US$1994: -76,880,000 US$1995: -184,040,000 US$1996: -353,010,000 US$1997: -378,300,000 US$1998: -574,800,000 US$1999: -214,300,000 US$2000: -286,700,000 US$2001: -362,300,000 US$2002: 184,100,000 US$2003: 49,400,000 US$2004: 38,800,000 US$2005: -381,300,000 US$2006: -1,111,500,000 US$2007: -831,300,000 US$2008: -888,600,000 US$2009: -812,500,000 US$2010: -885,300,000 US$2011: -1,355,800,000 US$2012: -857,300,000 US$2013: -506,500,000 US$2014: -647,300,000 US$2015: 235,000,000 US$2016: -179,300,000 US$2017: -607,700,000 US$2018: -211,600,000 US$2019: 156,000,000 US$2020: -712,300,000 US$2021: -1,202,500,000 US$2022: -231,400,000 US$2023: -141,500,000 US$2024: -581,900,000 US$
Change over the period: −700M (−594.39%)

Comparison, 2024

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

Bahamas -582M US$
World computed 863B US$
High-income countries computed 621B US$
Trade balance — Bahamas, by year Bahamas All countries CSV XLSX
Year US$ Change Change, %
2024 -582M −440M −311.24%
2023 -142M +89.9M +38.85%
2022 -231M +971M +80.76%
2021 -1.2B −490M −68.82%
2020 -712M −868M −556.6%
2019 156M +368M +173.72%
2018 -212M +396M +65.18%
2017 -608M −428M −238.93%
2016 -179M −414M −176.3%
2015 235M +882M +136.3%
2014 -647M −141M −27.8%
2013 -507M +351M +40.92%
2012 -857M +499M +36.77%
2011 -1.36B −471M −53.15%
2010 -885M −72.8M −8.96%
2009 -813M +76.1M +8.56%
2008 -889M −57.3M −6.89%
2007 -831M +280M +25.21%
2006 -1.11B −730M −191.5%
2005 -381M −420M −1,082.73%
2004 38.8M −10.6M −21.46%
2003 49.4M −135M −73.17%
2002 184M +546M +150.81%
2001 -362M −75.6M −26.37%
2000 -287M −72.4M −33.78%
1999 -214M +361M +62.72%
1998 -575M −197M −51.94%
1997 -378M −25.29M −7.16%
1996 -353M −169M −91.81%
1995 -184M −107M −139.39%
1994 -76.88M −94.61M −533.62%
1993 17.73M +47.81M +158.94%
1992 -30.08M +101M +77.07%
1991 -131M −74.24M −130.38%
1990 -56.94M +45.25M +44.28%
1989 -102M
1987 150M +3.6M +2.46%
1986 146M +18.1M +14.13%
1985 128M +20.3M +18.83%
1984 108M −40.4M −27.26%
1983 148M +49.8M +50.61%
1982 98.4M +26.9M +37.62%
1981 71.5M −28.7M −28.64%
1980 100M +1.4M +1.42%
1979 98.8M −27.3M −21.65%
1978 126M +8.4M +7.14%
1977 118M

Caribbean, 2024

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

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

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