Bahamas (The Bahamas) Economic Statistics and Indicators

28, Mar 2015, EDT. Welcome to the Bahamas economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Bahamas, The (The Bahamas) › Change country
National or Regional Currency: Bahamian Dollar, BSD
Year of data: 2014 › Change year
Number of Indicators Listed: 34
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 321834 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 13,880 sq km ; land: 10,010 sq km ; water: 3,870 sq km
Natural Resources: salt, aragonite, timber, arable land
Capital: name: Nassau ; geographic coordinates: 25 05 N, 77 21 W ; time difference: UTC-5 (same time as Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November

The Bahamas is one of the wealthiest Caribbean countries with an economy heavily dependent on tourism and offshore banking. Tourism together with tourism-driven construction and manufacturing accounts for approximately 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Financial services constitute the second-most important sector of the Bahamian economy and, when combined with business services, account for about 35% of GDP. Manufacturing and agriculture combined contribute less than a 10th of GDP and show little growth, despite government incentives aimed at those sectors. The economy of The Bahamas shrank at an average pace of 0.8% annually between 2007-2011, and tourism, financial services, and construction - pillars of the national economy - remain subdued. Conditions are improving in the tourism sector, however, due to steady foreign investment led activity. New resort and marina developments are likely to provide sustained employment opportunities.
More on the Bahamas Economy
More on the Bahamas Export, Import and Trade

Economic Indicator Listing
  For Bahamas in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.2 %
GDP (Current Prices, National Currency)BSD 8.649 Billion.
GDP (Current Prices, US Dollars)US$ 8.649 Billion
GDP Deflator 108.266 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)BSD 22,180.45 .
GDP Per Capita (Current Prices, National Currency)BSD 24,013.84 .
GDP Per Capita (Current Prices, US Dollars)US$ 24,013.84
GDP (PPP), US DollarsUS$ 9.034 Billion
GDP Per Capita (PPP), US DollarsUS$ 25,081.91
GDP Share of World Total (PPP) 0.008 %
Implied PPP Conversion Rate 0.957
Investment (% of GDP) 25.07 %
Gross National Savings (% of GDP) 8.427 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 107.823 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 1.423 %
Inflation, End of Year (Indexed to Year 2000) 107.985 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.423 %
Import Volume of All Items Including Goods and Services (Percent Change) -1.062 %
Import Volumes of Goods Only (Percent Change) 2.79 %
Export Volume of All Items Including Goods and Services (Percent Change) 3.389 %
Export Volumes of Goods Only (Percent Change) 3.991 %
Unemployment Rate (% of Labour Force) 16.353 %
Population 0.36 Million
General government revenue (National Currency)BSD 1.472 Billions.
General government revenue (% of GDP) 17.248 %
General government total expenditure (National Currency)BSD 1.916 Billions.
General government total expenditure (% of GDP) 22.45 %
Total Government Net Lending/ Borrowing (National Currency)BSD -0.444 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -5.201 %
Fiscal Year Gross Domestic Product, Current PricesBSD 8.535 Billions.
Current Account Balance (US Dollars)US$ -1.44 Billion
Current Account Balance (% GDP) -16.643 %
Economic Indicators for Bahamas 2014

GDP (Constant Prices, National Currency) for Bahamas in year 2014 is BSD 7.989 Billion.

GDP Growth (Constant Prices, National Currency) for Bahamas in year 2014 is 1.2 %.

GDP (Current Prices, National Currency) for Bahamas in year 2014 is BSD 8.649 Billion.

GDP (Current Prices, US Dollars) for Bahamas in year 2014 is US$ 8.649 Billion.

GDP Deflator for Bahamas in year 2014 is 108.266 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Bahamas in year 2014 is BSD 22,180.45 .

GDP Per Capita (Current Prices, National Currency) for Bahamas in year 2014 is BSD 24,013.84 .

GDP Per Capita (Current Prices, US Dollars) for Bahamas in year 2014 is US$ 24,013.84 .

GDP (PPP), US Dollars for Bahamas in year 2014 is US$ 9.034 Billion.

GDP Per Capita (PPP), US Dollars for Bahamas in year 2014 is US$ 25,081.91 .

GDP Share of World Total (PPP) for Bahamas in year 2014 is 0.008 %.

Implied PPP Conversion Rate for Bahamas in year 2014 is 0.957 .

Investment (% of GDP) for Bahamas in year 2014 is 25.07 %.

Gross National Savings (% of GDP) for Bahamas in year 2014 is 8.427 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Bahamas in year 2014 is 107.823 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Bahamas in year 2014 is 1.423 %.

Inflation, End of Year (Indexed to Year 2000) for Bahamas in year 2014 is 107.985 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Bahamas in year 2014 is 1.423 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Bahamas in year 2014 is -1.062 %.

Import Volumes of Goods Only (Percent Change) for Bahamas in year 2014 is 2.79 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Bahamas in year 2014 is 3.389 %.

Export Volumes of Goods Only (Percent Change) for Bahamas in year 2014 is 3.991 %.

Unemployment Rate (% of Labour Force) for Bahamas in year 2014 is 16.353 %.

Population for Bahamas in year 2014 is 0.36 Million .

General government revenue (National Currency) for Bahamas in year 2014 is BSD 1.472 Billions.

General government revenue (% of GDP) for Bahamas in year 2014 is 17.248 %.

General government total expenditure (National Currency) for Bahamas in year 2014 is BSD 1.916 Billions.

General government total expenditure (% of GDP) for Bahamas in year 2014 is 22.45 %.

Total Government Net Lending/ Borrowing (National Currency) for Bahamas in year 2014 is BSD -0.444 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Bahamas in year 2014 is -5.201 %.

Fiscal Year Gross Domestic Product, Current Prices for Bahamas in year 2014 is BSD 8.535 Billions.

Current Account Balance (US Dollars) for Bahamas in year 2014 is US$ -1.44 Billion.

Current Account Balance (% GDP) for Bahamas in year 2014 is -16.643 %.

* Source: IMF
Aggregate Indicators for Bahamas
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Bahamas
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Bahamas
  Natural Resources, Agricultural Products, Land Use and Water Use for Bahamas
  Nationality, Ethnic Groups, Languages and Religions for Bahamas
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Bahamas
  Age Structure, Median Age, Gender and Urbanization for Bahamas
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Bahamas
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Bahamas
  HIV, AIDS and Other Major Infectious Disease Rates for Bahamas
  Literacy Rate, Educational Expenditure and School Life Expectancy for Bahamas
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Bahamas
  Industries and Industrial Growth Production Rate for Bahamas
  Labor Force by Occupation for Bahamas
  Poverty Line, Gini Index, Household Income and Consumption for Bahamas
  National Budget and Public Debt for Bahamas
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Bahamas
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Bahamas
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Bahamas
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Bahamas
  Foreign Exchange Reserves and Gold Reserves for Bahamas
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Bahamas
  Exchange Rate Statistics for Bahamas
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Bahamas
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Bahamas
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Bahamas
  Television and Radio Statistics (TV Stats, Radio Stats) for Bahamas
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Bahamas
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Bahamas
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Bahamas
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Bahamas
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Bahamas
* Source: CIA
Internet Indicators for Bahamas
Indicators
  Number of Internet Users for Bahamas
  Internet Penetration Rate for Bahamas
  Number of Facebook Accounts for Bahamas
  Facebook Penetration Rate for Bahamas
* Source: IWS
Economic Freedom Indicators for Bahamas
Indicators
  Economic Freedom World Rank for Bahamas
  Economic Freedom Regional Ranking for Bahamas
  Business Freedom for Bahamas
  Trade Freedom for Bahamas
  Fiscal Freedom for Bahamas
  Government Spending for Bahamas
  Monetary Freedom for Bahamas
  Investment Freedom for Bahamas
  Financial Freedom for Bahamas
  Property Rights for Bahamas
  Freedom from Corruption for Bahamas
  Labor Freedom for Bahamas
  Tariff Rate for Bahamas
  Income Tax Rate for Bahamas
  Corporate Tax Rate for Bahamas
  Tax Burden % of GDP for Bahamas
  Government Expenditure % of GDP for Bahamas
* Source: HFO
Corruption Perceptions Index Rank and Score for Bahamas
Indicator
  Corruption Perceptions Index Rank and Score for Bahamas
* Source: TIO
Bahamas Economic Indicators in other Years
  Bahamas Economic Indicators for Year 2019 (Forecast)
  Bahamas Economic Indicators for Year 2018 (Forecast)
  Bahamas Economic Indicators for Year 2017 (Forecast)
  Bahamas Economic Indicators for Year 2016 (Forecast)
  Bahamas Economic Indicators for Year 2015 (Forecast)
Bahamas Economic Indicators for Year 2014 (Current)
  Bahamas Economic Indicators for Year 2013
  Bahamas Economic Indicators for Year 2012
  Bahamas Economic Indicators for Year 2011
  Bahamas Economic Indicators for Year 2010
  Bahamas Economic Indicators for Year 2009
  Bahamas Economic Indicators for Year 2008
  Bahamas Economic Indicators for Year 2007
  Bahamas Economic Indicators for Year 2006
  Bahamas Economic Indicators for Year 2005
  Bahamas Economic Indicators for Year 2004
  Bahamas Economic Indicators for Year 2003
  Bahamas Economic Indicators for Year 2002
  Bahamas Economic Indicators for Year 2001
  Bahamas Economic Indicators for Year 2000
  Bahamas Economic Indicators for Year 1999
  Bahamas Economic Indicators for Year 1998
  Bahamas Economic Indicators for Year 1997
  Bahamas Economic Indicators for Year 1996
  Bahamas Economic Indicators for Year 1995
  Bahamas Economic Indicators for Year 1994
  Bahamas Economic Indicators for Year 1993
  Bahamas Economic Indicators for Year 1992
  Bahamas Economic Indicators for Year 1991
  Bahamas Economic Indicators for Year 1990
  Bahamas Economic Indicators for Year 1989
  Bahamas Economic Indicators for Year 1988
  Bahamas Economic Indicators for Year 1987
  Bahamas Economic Indicators for Year 1986
  Bahamas Economic Indicators for Year 1985
  Bahamas Economic Indicators for Year 1984
  Bahamas Economic Indicators for Year 1983
  Bahamas Economic Indicators for Year 1982
  Bahamas Economic Indicators for Year 1981
  Bahamas Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International