Bahamas, The — GDP
GDP (Nominal) for Bahamas, The, 1960–2024.
Latest value · 2024
15.83 billion
GDP (Nominal) · current US$ · +9227.9% since 1960
GDP for Bahamas, The was 15.83 billion in 2024, according to the latest World Bank data. The series covers 65 years, from 1960 to 2024. The latest year is also the highest value on record for this series. The lowest was 169.74 million in 1960 (about 93.3× the low point). Across that span the compound annual growth rate works out to 7.34% per year.
Bahamas, The ranks 146 of 212 economies on this measure (1 = highest), putting it in the top 69%. The median for Latin America & Caribbean is 32.08 billion, so Bahamas, The sits below it. Over the last decade (2014–2024) the figure moved up 42%.
Key figures
Latest (2024)
15.83 billion
First (1960)
169.74 million
Change
+9227.9%
Highest
15.83 billion
in 2024
Lowest
169.74 million
in 1960
Average
5.41 billion
Annual growth (CAGR)
7.34%
Years of data
65
Recent years
| Year | current US$ |
|---|---|
| 2024 | 15,832,800,000 |
| 2023 | 15,271,300,000 |
| 2022 | 13,896,800,000 |
| 2021 | 12,037,000,000 |
| 2020 | 10,363,200,000 |
| 2019 | 13,277,000,000 |
| 2018 | 12,819,200,000 |
| 2017 | 12,446,900,000 |
| 2016 | 11,880,900,000 |
| 2015 | 11,837,600,000 |
| 2014 | 11,139,100,000 |
| 2013 | 10,475,300,000 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.