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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The Bahamas economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of The Bahamas best banks and safest banks are also available.
The Caribbean’s long-term outlook hinges on diversifying out of tourism and commodities and turning climate change challenges into growth opportunities.
USD 1.41 billion (2017)
International Monetary Fund (IMF), data retrieved October 2019
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
1.4% | -2.3% | -4.2% | 1.5% | 0.6% | 3.1% | -0.4% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
-0.1% | 1% | -1.7% | 1.4% | 2.3% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.02% | 0.01% | 0.01% | 0.01% | 0.009% |
*Estimate
(2017 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
1.9% | -0.3% | 1.6% | 2.2% | 1.8% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
13.4% | 12.2% | 10.1% | 10.4% | 13.5% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
49.7% | 50.4% | 54.4% | 63.3% | 61.5% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-3.8% | -2.6% | -5.5% | -3.4% | -1.8% |
*Estimate
Standard & Poor's: BB+
Moody's: Baa3
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-12.1 % (2018 estimate)
33.7% (2017)
0.003% (2018)
0.06% (2018)
Rock lobster, aragonite, crude salt, polystyrene products
Machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
US 63.9%, Namibia 19.3% (2017)
2016 | 2017 | 2018 |
USD 1,260 million | USD 1,037 million | USD 943 million |
2016 | 2017 | 2018 |
USD 359 million | USD 130 million | USD 119 million |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | N/A | N/A |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
119 out of 190 countries
Subcategories:
Starting a Business: 94 out of 190 countries
Dealing with Construction Permits: 77 out of 190 countries
Getting Electricity: 81 out of 190 countries
Registering Property: 181 out of 190 countries
Getting Credit: 152 out of 190 countries
Protecting Minority Investors: 88 out of 190 countries
Paying Taxes: 50 out of 190 countries
Trading across Borders: 161 out of 190 countries
Enforcing Contracts: 82 out of 190 countries
Resolving Insolvency: 71 out of 190 countries
Ranking: 76 / Score: 62.9 (Moderately free)
(100=totally free 0=totally repressed)
Parliamentary democracy under a constitutional monarchy; a Commonwealth realm
English (official), Creole (among Haitian immigrants)
Protestant 69.9% (includes Baptist 34.9%, Anglican 13.7%, Pentecostal 8.9% Seventh Day Adventist 4.4%, Methodist 3.6%, Church of God 1.9%, Brethren 1.6%), Roman Catholic 12%, other Christian 13% (includes Jehovah's Witness 1.1%), other 0.6%, none 1.9%, un
1990 | 2000 | 2010 | 2015 | 2020* |
0.26 million | 0.3 million | 0.35 million | 0.36 million | 0.39 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
59.7% | 73.1% | 82% | 83% |
Free
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 29.4%
Mobile: 99%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)