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Latin America & Caribbean · High income

Bahamas: the economy in numbers

Per person: $39,455, or $41,258 at purchasing power parity. Population: 403,033 (2025).

$15.8B+3.8%real GDP growth, 2025

GDP in 2024, current US dollars: #143 of 204 economies. IMF forecast for 2026: +2.5%.

GDP per capita
$39,455
2024 · #40 of 204
GDP per capita, PPP
$41,258
2024 · #64 of 197
Inflation
1.1%
2025 · IMF forecast 2026: 3.8%
Government debt
71.7%
2025 · % of GDP, general government
Population
403K
2025 · #175 of 217
Unemployment
9.2%
2025 · ILO estimate
Life expectancy
74.7 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $1.85 billion in 1960, $16.3 billion in 2024.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $15,898 per person in 1960, $40,528 in 2024.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 1.8% a year. Years of falling GDP since 1961: 15 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose by 65.2% from 2000 to 2025. Highest annual inflation: 13.1% in 1974.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1990: 90.6% of GDP in 2021. IMF forecast for 2031: 55.8%.

General government (IMF)Central government only (World Bank)
Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 116,317 · 2025: 403,033.

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

Unemployment rate

1991: 12.2% · 2025: 9.2%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 62.5 years · 2024: 74.7 years.

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

Exports of goods and services

1977: 82.7% · 2024: 37.8%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentLife expectancyExports, % GDP
20311.5%f2.0%f55.8%f
20301.5%f2.0%f58.3%f
20291.5%f2.1%f60.5%f
20281.8%f2.7%f62.9%f
20271.9%f4.2%f65.4%f
20262.5%f3.8%f70.2%f
20253.8%1.1%71.7%403K9.2%
2024$15.8B$39,455$41,2583.4%0.4%73.0%401K9.0%74.737.8%
2023$15.3B$38,232$39,1223.0%3.1%78.0%399K8.6%74.637.8%
2022$13.9B$34,957$36,78610.9%5.6%84.5%398K9.2%74.537.2%
2021$12B$30,368$31,06517.6%2.9%90.6%396K11.1%70.828.0%
2020$10.4B$26,179$27,205−20.1%0.0%71.8%396K12.0%73.023.3%
2019$13.3B$33,640$36,116−0.8%2.5%60.2%395K9.3%71.435.0%
2018$12.8B$32,642$35,2282.4%2.3%61.4%393K10.0%74.135.3%
2017$12.4B$31,875$34,2823.4%1.5%54.6%390K9.8%74.031.7%
2016$11.9B$30,617$32,285−1.2%−0.3%51.1%388K12.7%74.032.9%
2015$11.8B$30,719$32,1381.0%1.9%49.7%385K12.0%73.835.8%
2014$11.1B$29,137$31,7261.8%1.5%47.5%382K13.8%74.037.4%
2013$10.5B$27,643$30,294−2.9%0.7%44.2%379K16.2%73.939.9%
2012$10.7B$28,552$31,0364.5%2.0%37.6%375K14.0%73.738.1%
2011$10.1B$27,091$30,0740.6%3.2%35.3%372K14.5%73.637.4%
2010$10.1B$27,473$29,6251.5%1.3%33.9%367K14.4%73.435.0%
2009$9.98B$27,513$29,197−4.2%2.1%30.1%363K14.2%73.534.2%
2008$10.5B$29,392$30,679−2.3%4.5%25.3%358K8.2%73.439.5%
2007$10.6B$30,052$31,2321.4%2.5%23.5%353K7.9%73.540.1%
2006$10.2B$29,185$30,4022.5%2.4%23.2%348K7.5%73.538.3%
2005$9.84B$28,602$29,1433.4%1.6%23.0%344K10.2%73.438.8%
2004$9.06B$26,650$27,6600.9%1.0%21.6%340K10.2%73.238.2%
2003$8.87B$26,429$27,031−1.3%3.0%20.8%336K10.8%73.235.8%
2002$8.88B$26,782$27,1712.7%2.2%19.4%332K9.1%73.036.2%
2001$8.32B$25,372$26,3512.6%2.0%18.5%328K6.9%72.834.1%
2000$8.08B$24,940$25,4224.1%1.6%19.2%324K7.1%72.538.0%
1999$7.68B$24,041$24,1847.1%1.3%19.8%320K7.5%72.136.5%
1998$6.83B$21,667$22,5564.7%1.3%20.8%315K7.7%71.834.7%
1997$6.33B$20,368$21,6061.3%0.5%21.5%311K9.8%71.636.9%
1996$3.61B$11,784$21,2874.2%1.4%20.7%306K11.5%71.548.0%
1995$3.43B$11,375$20,3774.4%2.1%21.0%301K10.8%71.449.5%
1994$3.26B$10,991$19,4413.1%1.4%20.9%297K13.8%71.451.0%
1993$3.09B$10,613$18,7810.3%2.7%19.7%291K12.7%71.452.0%
1992$3.11B$10,873$18,636−3.8%5.7%17.9%286K14.8%71.350.2%
1991$3.11B$11,082$19,296−4.2%7.1%15.3%281K12.2%71.251.0%
1990$3.17B$11,473$19,817−1.6%4.7%13.2%276K70.954.2%
1989$3.06B$11,2916.7%5.4%271K70.753.8%
1988$2.82B$10,5762.3%4.4%266K70.5
1987$2.71B$10,3613.0%5.8%262K70.461.3%
1986$2.47B$9,6011.8%5.4%258K70.363.8%
1985$2.32B$9,1674.8%4.6%253K70.364.8%
1984$2.04B$8,20214.2%4.0%249K70.263.6%
1983$1.73B$7,0813.6%4.0%245K70.066.6%
1982$1.58B$6,5596.7%6.0%241K69.765.8%
1981$1.43B$6,029−9.2%11.1%237K69.467.4%
1980$1.34B$5,7436.5%12.1%233K69.170.4%
1979$1.14B$4,99426.1%9.1%228K69.068.9%
1978$832M$3,72014.2%6.1%224K68.982.7%
1977$713M$3,2539.2%3.2%219K68.882.7%
1976$642M$2,9935.2%4.3%215K68.5
1975$596M$2,841−14.8%10.4%210K68.1
1974$632M$3,080−16.8%13.1%205K67.6
1973$671M$3,3417.6%5.5%201K67.1
1972$591M$3,014−3.5%6.8%196K66.8
1971$573M$3,0041.6%4.6%191K66.5
1970$540M$2,916−5.6%6.2%185K66.2
1969$539M$3,0279.0%8.9%178K65.8
1968$454M$2,6688.4%4.5%170K65.4
1967$398M$2,4539.6%5.4%162K65.0
1966$347M$2,2399.1%155K64.6
1965$300M$2,03010.4%148K64.3
1964$267M$1,88310.5%142K63.9
1963$238M$1,75910.5%135K63.5
1962$212M$1,65110.5%128K63.2
1961$190M$1,55510.7%122K62.8
1960$170M$1,459116K62.5

e: IMF estimate; f: IMF forecast. Real growth: IMF data for 2025, World Bank for the other years.

Nearby economies in Latin America & Caribbean

Nearest by distance between capitals, with GDP per capita.

Antigua and Barbuda · Argentina · Aruba · Bahamas · Barbados · Belize · Bolivia · Brazil · British Virgin Islands · Cayman Islands · Chile · Colombia · Costa Rica · Cuba · Curaçao · Dominica · Dominican Republic · Ecuador · El Salvador · Grenada · Guatemala · Guyana · Haiti · Honduras · Jamaica · Mexico · Nicaragua · Panama · Paraguay · Peru · Puerto Rico · Saint Kitts and Nevis · Saint Lucia · Saint Martin (French part) · Saint Vincent and the Grenadines · Sint Maarten · Suriname · Trinidad and Tobago · Turks and Caicos Islands · U.S. Virgin Islands · Uruguay · Venezuela

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)