Bahamas Gross Domestic Product: Share of GDP
BS: GDP: % of GDP: Exports of Goods and Services
BS: GDP: % of GDP: Exports of Goods and Services data was reported at 39.746 % in 2023. This records an increase from the previous number of 39.427 % for 2022. BS: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 39.460 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 82.665 % in 1978 and a record low of 24.240 % in 2020. BS: GDP: % of GDP: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 39.746 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Exports of Goods and Services from 1977 to 2023 in the chart:
BS: GDP: % of GDP: External Balance on Goods and Services
BS: GDP: % of GDP: External Balance on Goods and Services data was reported at -3.212 % in 2023. This records an increase from the previous number of -4.320 % for 2022. BS: GDP: % of GDP: External Balance on Goods and Services data is updated yearly, averaging -3.444 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 16.508 % in 1977 and a record low of -13.957 % in 2021. BS: GDP: % of GDP: External Balance on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -3.212 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: External Balance on Goods and Services from 1977 to 2023 in the chart:
Bahamas BS: GDP: % of GDP: Final Consumption Expenditure
BS: GDP: % of GDP: Final Consumption Expenditure data was reported at 80.819 % in 2016. This records an increase from the previous number of 79.707 % for 2015. BS: GDP: % of GDP: Final Consumption Expenditure data is updated yearly, averaging 76.498 % from Dec 1977 (Median) to 2016, with 39 observations. The data reached an all-time high of 86.160 % in 2011 and a record low of 70.982 % in 1977. BS: GDP: % of GDP: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 80.82 2016 | yearly | 1977 - 2016 |
View Bahamas's Bahamas BS: GDP: % of GDP: Final Consumption Expenditure from 1977 to 2016 in the chart:
BS: GDP: % of GDP: Final Consumption Expenditure: General Government
BS: GDP: % of GDP: Final Consumption Expenditure: General Government data was reported at 12.958 % in 2023. This records a decrease from the previous number of 13.303 % for 2022. BS: GDP: % of GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 12.546 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 18.483 % in 2020 and a record low of 9.182 % in 1999. BS: GDP: % of GDP: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 12.958 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Final Consumption Expenditure: General Government from 1977 to 2023 in the chart:
Bahamas BS: GDP: % of GDP: Final Consumption Expenditure: Household
BS: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 68.094 % in 2016. This records an increase from the previous number of 67.499 % for 2015. BS: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 63.836 % from Dec 1977 (Median) to 2016, with 39 observations. The data reached an all-time high of 70.177 % in 2011 and a record low of 55.652 % in 1977. BS: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 68.09 2016 | yearly | 1977 - 2016 |
View Bahamas's Bahamas BS: GDP: % of GDP: Final Consumption Expenditure: Household from 1977 to 2016 in the chart:
BS: GDP: % of GDP: Gross Capital Formation
BS: GDP: % of GDP: Gross Capital Formation data was reported at 20.687 % in 2023. This records a decrease from the previous number of 21.826 % for 2022. BS: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 26.235 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 33.516 % in 2006 and a record low of 11.341 % in 1978. BS: GDP: % of GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 20.687 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Gross Capital Formation from 1977 to 2023 in the chart:
BS: GDP: % of GDP: Gross Domestic Savings
BS: GDP: % of GDP: Gross Domestic Savings data was reported at 19.585 % in 2023. This records a decrease from the previous number of 20.662 % for 2022. BS: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 24.315 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 33.720 % in 2002 and a record low of 14.424 % in 2021. BS: GDP: % of GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 19.585 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Gross Domestic Savings from 1977 to 2023 in the chart:
BS: GDP: % of GDP: Gross Fixed Capital Formation
BS: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 19.457 % in 2023. This records a decrease from the previous number of 20.608 % for 2022. BS: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 25.058 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 32.344 % in 2006 and a record low of 10.320 % in 1978. BS: GDP: % of GDP: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 19.457 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Gross Fixed Capital Formation from 1977 to 2023 in the chart:
BS: GDP: % of GDP: Gross National Expenditure
BS: GDP: % of GDP: Gross National Expenditure data was reported at 101.102 % in 2023. This records a decrease from the previous number of 101.164 % for 2022. BS: GDP: % of GDP: Gross National Expenditure data is updated yearly, averaging 101.133 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 114.454 % in 1996 and a record low of 83.492 % in 1977. BS: GDP: % of GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 101.102 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Gross National Expenditure from 1977 to 2023 in the chart:
BS: GDP: % of GDP: Gross Savings
BS: GDP: % of GDP: Gross Savings data was reported at 16.087 % in 2022. This records an increase from the previous number of 9.246 % for 2021. BS: GDP: % of GDP: Gross Savings data is updated yearly, averaging 19.861 % from Dec 1977 (Median) to 2022, with 45 observations. The data reached an all-time high of 39.578 % in 1996 and a record low of 9.246 % in 2021. BS: GDP: % of GDP: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 16.087 2022 | yearly | 1977 - 2022 |
View Bahamas's BS: GDP: % of GDP: Gross Savings from 1977 to 2022 in the chart:
BS: GDP: % of GDP: Gross Value Added: Agriculture
BS: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 0.598 % in 2019. This records a decrease from the previous number of 0.678 % for 2018. BS: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 1.268 % from Dec 1984 (Median) to 2019, with 35 observations. The data reached an all-time high of 2.834 % in 1995 and a record low of 0.598 % in 2019. BS: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 0.598 2019 | yearly | 1984 - 2019 |
View Bahamas's BS: GDP: % of GDP: Gross Value Added: Agriculture from 1984 to 2019 in the chart:
BS: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing
BS: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 0.448 % in 2023. This records an increase from the previous number of 0.438 % for 2022. BS: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 1.170 % from Dec 1984 (Median) to 2023, with 39 observations. The data reached an all-time high of 2.834 % in 1995 and a record low of 0.438 % in 2022. BS: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 0.448 2023 | yearly | 1984 - 2023 |
View Bahamas's BS: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing from 1984 to 2023 in the chart:
BS: GDP: % of GDP: Gross Value Added: Industry
BS: GDP: % of GDP: Gross Value Added: Industry data was reported at 12.888 % in 2019. This records an increase from the previous number of 12.607 % for 2018. BS: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 12.678 % from Dec 1989 (Median) to 2019, with 31 observations. The data reached an all-time high of 15.699 % in 1991 and a record low of 9.259 % in 2007. BS: GDP: % of GDP: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 12.888 2019 | yearly | 1989 - 2019 |
View Bahamas's BS: GDP: % of GDP: Gross Value Added: Industry from 1989 to 2019 in the chart:
BS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing
BS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 1.008 % in 2023. This records a decrease from the previous number of 1.073 % for 2022. BS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 2.522 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 4.801 % in 1991 and a record low of 1.008 % in 2023. BS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 1.008 2023 | yearly | 1989 - 2023 |
View Bahamas's BS: GDP: % of GDP: Gross Value Added: Industry: Manufacturing from 1989 to 2023 in the chart:
Bahamas BS: GDP: % of GDP: Gross Value Added: Services
BS: GDP: % of GDP: Gross Value Added: Services data was reported at 86.218 % in 2016. This records a decrease from the previous number of 87.839 % for 2015. BS: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 81.927 % from Dec 1984 (Median) to 2016, with 32 observations. The data reached an all-time high of 87.839 % in 2015 and a record low of 78.294 % in 1991. BS: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 86.22 2016 | yearly | 1984 - 2016 |
View Bahamas's Bahamas BS: GDP: % of GDP: Gross Value Added: Services from 1984 to 2016 in the chart:
BS: GDP: % of GDP: Imports of Goods and Services
BS: GDP: % of GDP: Imports of Goods and Services data was reported at 42.958 % in 2023. This records a decrease from the previous number of 43.747 % for 2022. BS: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 47.380 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 67.516 % in 1978 and a record low of 33.690 % in 2020. BS: GDP: % of GDP: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 42.958 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Imports of Goods and Services from 1977 to 2023 in the chart:
BS: GDP: % of GDP: Trade
BS: GDP: % of GDP: Trade data was reported at 82.705 % in 2023. This records a decrease from the previous number of 83.174 % for 2022. BS: GDP: % of GDP: Trade data is updated yearly, averaging 87.076 % from Dec 1977 (Median) to 2023, with 46 observations. The data reached an all-time high of 150.180 % in 1978 and a record low of 57.930 % in 2020. BS: GDP: % of GDP: Trade data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 82.705 2023 | yearly | 1977 - 2023 |
View Bahamas's BS: GDP: % of GDP: Trade from 1977 to 2023 in the chart:
BS: GDP: % of GNI: Gross Savings
BS: GDP: % of GNI: Gross Savings data was reported at 16.950 % in 2022. This records an increase from the previous number of 9.677 % for 2021. BS: GDP: % of GNI: Gross Savings data is updated yearly, averaging 20.969 % from Dec 1977 (Median) to 2022, with 45 observations. The data reached an all-time high of 34.401 % in 1999 and a record low of 9.677 % in 2021. BS: GDP: % of GNI: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 16.950 2022 | yearly | 1977 - 2022 |
View Bahamas's BS: GDP: % of GNI: Gross Savings from 1977 to 2022 in the chart:
BS: GDP: % of Manufacturing: Medium and High Tech Industry
BS: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 27.774 % in 2020. This stayed constant from the previous number of 27.774 % for 2019. BS: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 27.774 % from Dec 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 27.774 % in 2020 and a record low of 8.060 % in 1996. BS: GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing;United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database;;
| Last | Frequency | Range |
|---|---|---|
| 27.774 2020 | yearly | 1990 - 2020 |