Bahamas, The — Health spending
Health Spending (% of GDP) for Bahamas, The, 2000–2023.
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%. Within Latin America & Caribbean it ranks 18 of 32 economies; St. Kitts and Nevis (5.74%) is just below it. Its sharpest one-year move was up 30% in 2020. That is 2% above this series' own ten-year average.
Data highlights
Doubling roughly every 32 years at that pace.
World ranking. Climbed: 135th of 184 in 2000 → 103rd of 188 in 2010 → 81st of 189 in 2020 → 96th of 188 in 2023.
Key figures
Full history — 2000 to 2023
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 6.3% | -0.7 pp |
| 2022 | 7.04% | +0.3 pp |
| 2021 | 6.79% | -0.6 pp |
| 2020 | 7.4% | +1.7 pp |
| 2019 | 5.7% | -0.1 pp |
| 2018 | 5.84% | -0.8 pp |
| 2017 | 6.6% | +0.9 pp |
| 2016 | 5.66% | +0.4 pp |
| 2015 | 5.24% | -0.4 pp |
| 2014 | 5.64% | -0.0 pp |
| 2013 | 5.68% | +0.4 pp |
| 2012 | 5.32% | -0.0 pp |
| 2011 | 5.32% | +0.1 pp |
| 2010 | 5.26% | +0.1 pp |
| 2009 | 5.15% | +0.3 pp |
| 2008 | 4.86% | +0.4 pp |
| 2007 | 4.5% | +0.2 pp |
| 2006 | 4.31% | +0.3 pp |
| 2005 | 4.03% | -0.0 pp |
| 2004 | 4.05% | +0.0 pp |
| 2003 | 4.02% | +0.2 pp |
| 2002 | 3.81% | -0.1 pp |
| 2001 | 3.92% | +0.1 pp |
| 2000 | 3.8% | — |
Frequently asked questions
What was Bahamas, The’s Health spending in 2001?
3.92% (2001). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Bahamas, The’s Health spending growing or shrinking?
Between 2000 and 2023 the series was growing overall: +65.6% in total — about 2.2% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SH.XPD.CHEX.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2023: 6.3%; 2022: 7.04%; 2021: 6.79%; 2020: 7.4%; 2019: 5.7%. Earlier years are in the full-history table below.
Related data
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.