Bahamas, The — Inflation
Inflation, Consumer Prices (Annual %) for Bahamas, The, 1967–2024.
Latest value · 2024
0.41%
Inflation, Consumer Prices (Annual %) · annual % · -92.5% since 1967
Inflation for Bahamas, The was 0.41% in 2024, according to the latest World Bank data. The series covers 58 years, from 1967 to 2024. The highest recorded value was 13.07% in 1974. The lowest was -0.35% in 2016 (about -1.2× the low point). Across that span the compound annual growth rate works out to -4.44% per year.
Bahamas, The ranks 165 of 187 economies on this measure (1 = highest), putting it in the top 88%. The median for Latin America & Caribbean is 2.53%, so Bahamas, The sits below it. It peaked in 1974 and has fallen 97% since. Over the last decade (2014–2024) the figure moved down 73%.
Key figures
Latest (2024)
0.41%
First (1967)
5.44%
Change
-92.5%
Highest
13.07%
in 1974
Lowest
-0.35%
in 2016
Average
3.97%
Annual growth (CAGR)
-4.44%
Years of data
58
Recent years
| Year | annual % |
|---|---|
| 2024 | 0.41% |
| 2023 | 3.05% |
| 2022 | 5.61% |
| 2021 | 2.9% |
| 2020 | 0.04% |
| 2019 | 2.49% |
| 2018 | 2.27% |
| 2017 | 1.52% |
| 2016 | -0.35% |
| 2015 | 1.86% |
| 2014 | 1.51% |
| 2013 | 0.72% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. 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
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). 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.