Trade openness in the Bahamas in 2024 — 79.24%. Ranked 92 in the world out of 172. Since 1977, the indicator has fallen by 69.55 pp.
1977–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Bahamas
| Year | % | Change, pp |
|---|---|---|
| 2024 | 79.24 | +2.69 pp |
| 2023 | 76.55 | +0.57 pp |
| 2022 | 75.98 | +10.05 pp |
| 2021 | 65.93 | +12.51 pp |
| 2020 | 53.42 | −15.37 pp |
| 2019 | 68.79 | −3.37 pp |
| 2018 | 72.15 | +3.82 pp |
| 2017 | 68.33 | +1.12 pp |
| 2016 | 67.21 | −2.47 pp |
| 2015 | 69.68 | −10.86 pp |
| 2014 | 80.54 | −4.01 pp |
| 2013 | 84.55 | +0.3 pp |
| 2012 | 84.25 | −4.08 pp |
| 2011 | 88.33 | +9.66 pp |
| 2010 | 78.68 | +2.15 pp |
| 2009 | 76.52 | −10.91 pp |
| 2008 | 87.43 | −0.58 pp |
| 2007 | 88.01 | +0.46 pp |
| 2006 | 87.55 | +6.15 pp |
| 2005 | 81.4 | +5.39 pp |
| 2004 | 76 | +4.94 pp |
| 2003 | 71.06 | +0.79 pp |
| 2002 | 70.28 | −2.22 pp |
| 2001 | 72.5 | −7.14 pp |
| 2000 | 79.64 | +3.94 pp |
| 1999 | 75.7 | −2.02 pp |
| 1998 | 77.73 | −2.01 pp |
| 1997 | 79.73 | −26.12 pp |
| 1996 | 105.86 | +1.39 pp |
| 1995 | 104.47 | +0.06 pp |
| 1994 | 104.4 | +1.04 pp |
| 1993 | 103.36 | +1.9 pp |
| 1992 | 101.46 | −4.66 pp |
| 1991 | 106.12 | −4 pp |
| 1990 | 110.12 | −0.88 pp |
| 1989 | 111 | — |
| 1987 | 117.13 | −4.6 pp |
| 1986 | 121.72 | −2.34 pp |
| 1985 | 124.06 | +2.17 pp |
| 1984 | 121.9 | −2.69 pp |
| 1983 | 124.58 | −0.75 pp |
| 1982 | 125.34 | −4.41 pp |
| 1981 | 129.75 | −3.51 pp |
| 1980 | 133.26 | +4.18 pp |
| 1979 | 129.08 | −21.1 pp |
| 1978 | 150.18 | +1.39 pp |
| 1977 | 148.79 | — |
The same indicator for neighboring countries — with links to their pages
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.
