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World›Latin America & Caribbean ›Bahamas, The

Bahamas, The

BHSLatin America & Caribbean High incomeCapital: Nassau
Economy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
65/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$17
2027▲ 2.9%
Population
401,283
2024▲ 0.5%
GDP per Capita
$41,183
2027▲ 1.9%
Life Expectancy
74.6 years
2023▲ 0.1%
Bahamas, The in world space2000–2023
1k10k100k505560657075808590GDP per capita (USD, log)Life expectancy (years)20002023
192 countries · log scale on X world Bahamas, The· trajectory line: 1980 → today
▶About Bahamas, The

Bahamas, The's GDP is $16.84B (2026), with a population of 401,283, and GDP per capita of $40,409. Key indicators include real GDP growth of 2.1%, inflation at 1.0%, unemployment at 9.1%, government debt at 72.9% of GDP, life expectancy of 74.6 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.

The economy is part of the Latin America & Caribbean region and is classified as high income. The capital is Nassau. In 2026, the GDP is projected to be $16.84 billion, ranking 142nd globally. The GDP per capita is expected to be $40,000, reflecting a relatively high standard of living. Real GDP growth is projected at 2.1% in 2026, with consumer price inflation at 1.0%. The economy is highly open, with trade accounting for 79.2% of GDP in 2024. Foreign direct investment inflows were 1.5% of GDP in the same year. The unemployment rate is projected to be 9.1% in 2026. The Gross National Income per capita was $37,000 in 2024. The population is approximately 401,283 as of 2024. Life expectancy at birth is 74.6 years, indicating a moderate level of health and well-being. The fertility rate is 1.4 births per woman, reflecting a below-replacement level. Health spending is 6.3% of GDP, showing a commitment to public health. The unemployment rate was 9.2% in 2025, highlighting ongoing labor market challenges.

▶Economy30 indicators · 2021–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
GDP (Current USD, Billions)$172027▲ 2.9%IMF
Real GDP Growth (%)1.8%2027▼ 14.3%IMF
GDP per Capita (USD)$41,1832027▲ 1.9%IMF
GDP, PPP (Billions Intl $)$192027▲ 3.5%IMF
GDP per Capita, PPP (Intl $)$44,2962027▲ 2.5%IMF
Share of World GDP, PPP (%)0.01%2027▲ 0.0%IMF
GNI (Current USD)$15.20B2024▲ 4.7%WB
GNI per Capita (USD)$37,0202024▲ 5.2%WB
GNI per Capita, PPP (USD)$39,5502024▲ 6.4%WB
Industry Value Added (% of GDP)9.6%2024▼ 1.6%WB
Services Value Added (% of GDP)77.2%2024▼ 1.7%WB
Agriculture Value Added (% of GDP)0.5%2024▲ 13.3%WB
Government Consumption (% of GDP)12.9%2024▼ 1.5%WB
Household Consumption (% of GDP)64.3%2024▲ 1.4%WB
Gross Capital Formation (% of GDP)26.8%2024▲ 17.2%WB
Gross Savings (% of GNI)19.2%2024▲ 1.4%WB
GDP Deflator (%)0.3%2024▼ 95.7%WB
GDP per Person Employed (USD)$65,6042024▲ 3.0%WB
Manufacturing Value Added (% of GDP)0.6%2024▼ 26.4%WB
Medium/High-Tech Manufacturing (% of total)27.8%2022▲ 0.0%WB
Adjusted Net National Income per Capita (USD)$24,8962021▲ 13.6%WB
Adjusted Net Savings (% of GNI)4.8%2021▼ 43.7%WB
External Balance on Goods & Services (% of GDP)-3.7%2024▼ 296.7%WB
Coal Rents (% of GDP)0.00%2021—WB
Mineral Rents (% of GDP)0.00%2021—WB
Oil Rents (% of GDP)0.00%2021—WB
Natural Gas Rents (% of GDP)0.00%2021—WB
Total Natural Resources Rents (% of GDP)0.0%2021▼ 23.2%WB
Forest Rents (% of GDP)0.01%2021▼ 23.2%WB
Industry Value Added (Current USD)$1.52B2024▲ 2.1%WB
▶Fiscal & Monetary21 indicators · 2022–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
Inflation, Consumer Prices (%)1.7%2027▲ 70.0%IMF
Govt Gross Debt (% of GDP)71.7%2027▼ 1.6%IMF
Fiscal Balance (% of GDP)-0.6%2027▲ 0.0%IMF
Current Account Balance (% of GDP)-7.1%2027▲ 2.7%IMF
Unemployment Rate (%)9.0%2027▼ 1.1%IMF
Inflation, CPI (%, World Bank)0.4%2024▼ 86.6%WB
Real Interest Rate (%)4.0%2024▲ 276.2%WB
Lending Interest Rate (%)4.3%2024▲ 0.0%WB
Deposit Interest Rate (%)0.5%2024▲ 0.8%WB
Government Debt (% of GDP)73.7%2023▼ 5.1%WB
Government Revenue (% of GDP)18.7%2023▼ 0.3%WB
Government Expenditure (% of GDP)20.3%2023▼ 8.9%WB
Tax Revenue (% of GDP)16.2%2023▲ 4.3%WB
Taxes on Goods & Services (% of revenue)57.1%2023▼ 0.1%WB
Taxes on International Trade (% of revenue)23.7%2023▲ 20.5%WB
Net Investment in Nonfinancial Assets (% of GDP)1.8%2023▲ 14.1%WB
Total Reserves incl. Gold (USD)$2.51B2023▼ 3.7%WB
Total Reserves (months of imports)4.22023▼ 9.8%WB
Official Exchange Rate (per USD)12024▲ 0.0%WB
PPP Conversion Factor0.962024▼ 2.1%WB
Broad Money (% of GDP)68.8%2022▼ 5.3%WB
▶Trade15 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
Trade (% of GDP)79.2%2024▲ 3.5%WB
Exports of Goods & Services (% of GDP)37.8%2024▼ 0.1%WB
Imports of Goods & Services (% of GDP)41.5%2024▲ 7.0%WB
Exports of Goods & Services (USD)$5.98B2024▲ 3.6%WB
Imports of Goods & Services (USD)$6.56B2024▲ 11.0%WB
Merchandise Exports (USD)$670.0M2024▼ 9.0%WB
Merchandise Imports (USD)$4.94B2024▲ 18.1%WB
FDI Inflows (% of GDP)1.5%2024▼ 28.0%WB
FDI Outflows (% of GDP)1.0%2024▼ 30.3%WB
FDI Net Inflows (USD)$240.6M2024▼ 25.4%WB
Personal Remittances Received (USD)$65.9M2024▲ 5.2%WB
Personal Remittances Received (% of GDP)0.4%2024▲ 1.5%WB
High-Tech Exports (% of manufactured)0.0%2024▼ 100.0%WB
Current Account Balance (% of GDP)-6.6%2024▲ 5.0%WB
Current Account Balance (USD)$-1.05B2024▲ 1.5%WB
▶People23 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Population401,2832024▲ 0.5%WB
Population Growth (%)0.5%2024▼ 3.6%WB
Population Density (per km²)402023▲ 0.5%WB
Surface Area (sq km)13,8802023▲ 0.0%WB
Land Area (sq km)10,0102023▲ 0.0%WB
Urban Population (%)81.3%2024▲ 0.0%WB
Urban Population (total)326,3432024▲ 0.5%WB
Rural Population (%)18.7%2024▼ 0.0%WB
Life Expectancy at Birth74.6 years2023▲ 0.1%WB
Life Expectancy, Male70.9 years2023▲ 0.0%WB
Life Expectancy, Female78.2 years2023▲ 0.1%WB
Fertility Rate (births per woman)1.42023▼ 0.4%WB
Birth Rate (per 1,000)10.92023▼ 0.8%WB
Death Rate (per 1,000)8.72023▲ 1.8%WB
Net Migration9352025▼ 8.2%WB
Population Ages 0–14 (%)17.9%2024▼ 2.3%WB
Population Ages 15–64 (%)70.3%2024▲ 0.2%WB
Population Ages 65+ (%)11.8%2024▲ 2.4%WB
Age Dependency Ratio (%)42.2%2024▼ 0.7%WB
Old-Age Dependency Ratio (%)16.7%2024▲ 2.2%WB
Youth Dependency Ratio (%)25.5%2024▼ 2.5%WB
Mortality Rate, Adult Male (per 1,000)207.92023▼ 0.2%WB
Mortality Rate, Adult Female (per 1,000)121.42023▼ 0.9%WB
▶Labor18 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Total Labor Force245,1592025▲ 0.6%WB
Labor Force Participation (%)73.8%2025▼ 0.3%WB
Female Labor Force Participation (%)70.7%2025▼ 0.3%WB
Male Labor Force Participation (%)77.2%2025▼ 0.3%WB
Unemployment (%)9.2%2025▲ 1.7%WB
Female Unemployment (%)9.2%2025▲ 6.7%WB
Male Unemployment (%)9.3%2025▼ 2.9%WB
Youth Unemployment (%)19.2%2025▲ 5.2%WB
Employment in Agriculture (%)0.8%2025▼ 3.3%WB
Employment in Industry (%)14.8%2025▼ 0.3%WB
Employment in Services (%)84.4%2025▲ 0.1%WB
Self-Employed (%)97.7%2023▲ 26.1%WB
Vulnerable Employment (%)15.9%2025▼ 0.1%WB
Wage & Salaried Workers (% of total)82.9%2025▲ 0.0%WB
Employers (% of total employment)1.1%2025▲ 1.1%WB
Labor Force, Female (% of total)50.7%2025▲ 0.0%WB
Employment to Population Ratio (%)67.0%2025▼ 0.5%WB
Self-Employed (% of total)17.1%2025▼ 0.0%WB
▶Education13 indicators · 2010–2025 · WB
IndicatorValueYearΔ YoYSrc
Education Spending (% of GDP)2.7%2023▲ 4.5%WB
Education Spending (% of govt expenditure)10.6%2025▼ 2.1%WB
Primary School Enrollment (%)92.9%2024▲ 18.4%WB
Secondary School Enrollment (%)79.5%2024▼ 8.8%WB
Primary Completion Rate (%)87.9%2019—WB
Lower Secondary Completion Rate (%)95.3%2010—WB
Out-of-School Children, Primary4,5852024▼ 46.7%WB
Out-of-School Girls, Primary2,3192024▼ 45.2%WB
Primary School Teachers1,4972024▼ 30.2%WB
Secondary School Teachers2,1922024▼ 16.9%WB
Pupil-Teacher Ratio, Primary192018—WB
Pupil-Teacher Ratio, Secondary122018—WB
Pupil-Teacher Ratio (Primary)64.82012—WB
▶Health34 indicators · 2017–2024 · WHO
IndicatorValueYearΔ YoYSrc
Health Spending (% of GDP)6.3%2023▼ 10.5%WHO
Health Spending per Capita (USD)$2,2622023▼ 2.8%WHO
Government Health Spending (% of GDP)3.2%2023▼ 20.2%WHO
Out-of-Pocket Health Spending (% of total)27.5%2023▲ 14.2%WHO
Nurses & Midwives (per 1,000)4.22023—WHO
Hospital Beds (per 1,000)2.22023▼ 1.8%WHO
Infant Mortality (per 1,000 live births)12.72023▼ 1.6%WHO
Neonatal Mortality (per 1,000)9.22023▼ 1.1%WHO
Maternal Mortality (per 100,000)762023▼ 5.0%WHO
Under-5 Mortality, Female (per 1,000)11.72023▼ 1.7%WHO
Under-5 Mortality, Male (per 1,000)13.62023▼ 2.2%WHO
Cause of Death, Communicable (%)10.7%2019—WHO
Cause of Death, Non-Communicable (%)75.4%2019—WHO
Cause of Death, Injury (%)13.9%2019—WHO
Measles Immunization (% of children)86.0%2024▲ 0.0%WHO
DPT Immunization (% of children)90.0%2024▲ 3.4%WHO
HIV Incidence (per 1,000)0.132024▼ 13.3%WHO
Tuberculosis Incidence (per 100,000)182024▲ 104.5%WHO
Smoking Prevalence, Males (%)20.5%2022▲ 1.0%WHO
Smoking Prevalence, Females (%)2.1%2022▼ 4.5%WHO
Suicide Mortality Rate (per 100,000)3.32021▲ 4.8%WHO
Alcohol Consumption (liters per capita)3.62020—WHO
Maternal Deaths32023▼ 5.5%WHO
Tuberculosis Incidence (per 100K)182024▲ 104.5%WHO
People Living with HIV4,0002024▼ 2.4%WHO
DTP3 Immunization Coverage (%)90%2024▲ 3.4%WHO
Measles Immunization Coverage (%)86%2024▲ 0.0%WHO
Hepatitis B Immunization Coverage (%)90%2024▲ 3.4%WHO
Physicians (total)192017—WHO
Nursing & Midwifery Personnel422023—WHO
Dentists (total)1,6872023—WHO
Universal Health Coverage Index802023▲ 0.0%WHO
Road Traffic Death Rate (per 100K)662021—WHO
Health Expenditure per Capita (WHO, USD)$2,2622023▼ 2.8%WHO
▶Energy & Environment12 indicators · 2020–2024 · WB
IndicatorValueYearΔ YoYSrc
CO₂ Emissions (tonnes per capita)3.62024▲ 3.0%WB
CO₂ Emissions (total kilotonnes)12024▲ 3.5%WB
Renewable Electricity Output (%)0.5%2021▲ 52.8%WB
Renewable Energy Consumption (%)1.1%2022▲ 0.0%WB
Access to Electricity (%)100.0%2023▲ 0.0%WB
Access to Clean Fuels for Cooking (%)100.0%2023▲ 0.0%WB
PM2.5 Air Pollution (µg/m³)18.92020▲ 2.0%WB
Forest Area (%)50.9%2023▲ 0.0%WB
Forest Area (sq km)5,0992023▲ 0.0%WB
Arable Land (%)0.8%2023▲ 0.0%WB
Terrestrial Protected Areas (%)8.3%2024▼ 3.5%WB
Marine Protected Areas (%)7.7%2024▼ 2.5%WB
▶Agriculture9 indicators · 2021–2023 · WB
IndicatorValueYearΔ YoYSrc
Agricultural Land (%)1.3%2023▲ 0.0%WB
Cereal Yield (kg per hectare)7,5502023▲ 0.4%WB
Food Production Index (2014–2016=100)99.22022▲ 0.5%WB
Crop Production Index (2014–2016=100)102.22022▲ 0.4%WB
Livestock Production Index (2014–2016=100)92.32022▲ 0.5%WB
Land Under Cereal Production (hectares)822023▲ 0.0%WB
Total Fisheries Production (metric tonnes)8,6992023▼ 6.9%WB
Fertilizer Consumption (kg per hectare)102.42021▲ 0.0%WB
Cereal Production (metric tons)6162023▲ 0.1%WB
▶Technology8 indicators · 2017–2024 · WB
IndicatorValueYearΔ YoYSrc
Internet Users (%)94.8%2023▲ 0.1%WB
Mobile Subscriptions (per 100 people)1002023▼ 1.6%WB
Fixed Broadband Subscriptions (per 100)23.82023▲ 12.7%WB
Secure Internet Servers (per million)6,354.62024▼ 1.2%WB
Patent Applications, Residents42017—WB
Patent Applications, Non-Residents482017—WB
Scientific Journal Articles182022▼ 19.8%WB
High-Technology Exports (USD)$02024▼ 100.0%WB
▶Infrastructure6 indicators · 2021–2023 · WB
IndicatorValueYearΔ YoYSrc
Air Transport, Passengers Carried1.5M2023▲ 12.4%WB
Air Transport, Freight (million ton-km)18.62023▲ 17.3%WB
Container Port Traffic (TEU)1.7M2022▼ 3.8%WB
Logistics Performance Index (1–5)2.702022—WB
Electricity from Oil (%)99.3%2021▼ 0.4%WB
Electricity from Nuclear (%)0.0%2021—WB
▶Gender8 indicators · 2006–2025 · WB
IndicatorValueYearΔ YoYSrc
Women in Parliament (%)17.9%2024▲ 0.0%WB
Female Labor Force Participation, 15+ (%)98.7%2023▲ 32.9%WB
Female Wage & Salaried Workers (%)88.9%2025▲ 0.0%WB
Girls Out-of-School Rate (%)83.8%2018—WB
Adolescent Fertility Rate (per 1,000)24.62023▼ 0.5%WB
Gender Parity Index, Primary83.292018—WB
Gender Parity Index, Secondary1.052013—WB
Gender Parity in Primary Education0.972006—WB
▶Governance10 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Control of Corruption1.272023▲ 0.8%WB
Government Effectiveness0.272023▼ 36.2%WB
Political Stability1.012023▲ 14.4%WB
Regulatory Quality0.012023▲ 104.9%WB
Rule of Law0.182023▲ 33.5%WB
Voice & Accountability0.862023▼ 1.4%WB
Control of Corruption (percentile rank)88.2%2023▲ 4.5%WB
Government Effectiveness (percentile rank)61.8%2023▼ 5.1%WB
Rule of Law (percentile rank)55.7%2023▲ 0.0%WB
Political Stability (percentile rank)84.8%2023▲ 9.0%WB
▶Military3 indicators · 2020–2022 · WB
IndicatorValueYearΔ YoYSrc
Armed Forces Personnel2,0002020▲ 0.0%WB
Armed Forces (% of labor force)0.9%2020—WB
Intentional Homicides (per 100,000)32.22022▲ 7.2%WB
▶Tourism5 indicators · 2020 · WB
IndicatorValueYearΔ YoYSrc
International Tourism, Arrivals1.8M2020▼ 75.2%WB
Tourism Receipts (USD)$1.01B2020—WB
Tourism Expenditures (USD)$166.0M2020—WB
Tourism Receipts (% of total exports)59.6%2020▼ 25.8%WB
International Tourism, Transport Services (USD)$5.0M2020▼ 80.0%WB
▶Urban Development2 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
Urban Population Growth (%)0.5%2024▼ 3.0%WB
Rural Population Growth (%)0.4%2024▼ 6.1%WB

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