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Bahamas GDP Annual Growth Rate

Bahamas' GDP annual growth rate rose to 3.38% in 2024, up from 3.05% in 2023, according to World Bank. This represents an increase of 0.33% from the previous year. The Bahamas has GDP annual growth rate higher than the global median (3.38% vs median 3.24%). Compared with the median in Americas, the Bahamas is higher (3.38% vs regional median 3.27%) and ranks 21st out of 44 countries in Americas.

Bahamas' real GDP rose to $13.63 billion in 2024, up from $13.19 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 3.38%
2023 3.05%
2022 10.88%
2021 17.59%
2020 -20.09%
2019 -0.84%
2018 2.4%
2017 3.37%
2016 -1.16%
2015 1%
2014 1.85%
2013 -2.86%
2012 4.52%
2011 0.61%
2010 1.54%
2009 -4.18%
2008 -2.32%
2007 1.45%
2006 2.52%
2005 3.4%
2004 0.88%
2003 -1.26%
2002 2.7%
2001 2.63%
2000 4.15%
1999 7.14%
1998 4.72%
1997 1.29%
1996 4.22%
1995 4.38%
1994 3.15%
1993 0.31%
1992 -3.83%
1991 -4.18%
1990 -1.6%
1989 6.73%
1988 2.31%
1987 2.98%
1986 1.8%
1985 4.83%
1984 14.17%
1983 3.6%
1982 6.7%
1981 -9.23%
1980 6.5%
1979 26.14%
1978 14.18%
1977 9.15%
1976 5.19%
1975 -14.8%
1974 -16.75%
1973 7.57%
1972 -3.5%
1971 1.63%
1970 -5.65%
1969 8.98%
1968 8.42%
1967 9.6%
1966 9.07%
1965 10.43%
1964 10.5%
1963 10.52%
1962 10.45%
1961 10.67%
Bahamas GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Bahamas' total economic output.
Indicator Last Value Prior Value Period
GDP $15.83B $15.27B 2024
GDP per Capita $33,968.39 $33,009.87 2024
GDP per Capita PPP $36,244.04 $35,221.31 2024
Real GDP $13.63B $13.19B 2024