Home / Health spending / Bahamas, The
Bahamas, The — Health spending
Health Spending (% of GDP) for Bahamas, The, 2000–2023.
Latest value · 2023
6.30%
Health Spending (% of GDP) · % of GDP · +65.6% since 2000
Health spending for Bahamas, The was 6.30% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 7.40% in 2020. The lowest was 3.80% in 2000 (about 1.7× the low point). Across that span the compound annual growth rate works out to 2.22% per year.
Bahamas, The ranks 97 of 189 economies on this measure (1 = highest), putting it in the top 51%. The median for Latin America & Caribbean is 6.87%, so Bahamas, The sits below it. It peaked in 2020 and has fallen 15% since. Over the last decade (2013–2023) the figure moved up 11%.
Key figures
Latest (2023)
6.30%
First (2000)
3.80%
Change
+65.6%
Highest
7.40%
in 2020
Lowest
3.80%
in 2000
Average
5.26%
Annual growth (CAGR)
2.22%
Years of data
24
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 6.3% |
| 2022 | 7.04% |
| 2021 | 6.79% |
| 2020 | 7.4% |
| 2019 | 5.7% |
| 2018 | 5.84% |
| 2017 | 6.6% |
| 2016 | 5.66% |
| 2015 | 5.24% |
| 2014 | 5.64% |
| 2013 | 5.68% |
| 2012 | 5.32% |
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. 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
SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). 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.