Home/Countries/Bahamas, The

Bahamas, The

Capital: NassauRegion: Latin America & Caribbean Income: High income
GDP
$16.84B
2026
Population
401,283
2024
GDP per Capita
$40K
2026
Life Expectancy
74.6 years
2023

Economy

IndicatorValueYear
GDP (Current USD, Billions)$16.84B2026
Real GDP Growth (%)2.1%2026
GDP per Capita (USD)$40K2026
GDP, PPP (Billions Intl $)$18.01B2026
GDP per Capita, PPP (Intl $)$43K2026
Share of World GDP, PPP (%)0.01%2026
GNI (Current USD)$15.20B2024
GNI per Capita (USD)$37K2024
GNI per Capita, PPP (USD)$40K2024
Industry Value Added (% of GDP)9.6%2024
Services Value Added (% of GDP)77.2%2024
Agriculture Value Added (% of GDP)0.5%2024
Government Consumption (% of GDP)12.9%2024
Household Consumption (% of GDP)64.3%2024
Gross Capital Formation (% of GDP)26.8%2024
Gross Savings (% of GNI)19.2%2024
GDP Deflator (%)0.3%2024
GDP per Person Employed (USD)$66K2024
Manufacturing Value Added (% of GDP)0.6%2024
Medium/High-Tech Manufacturing (% of total)27.8%2022
Adjusted Net National Income per Capita (USD)$25K2021
Adjusted Net Savings (% of GNI)4.8%2021
External Balance on Goods & Services (% of GDP)-3.7%2024
Coal Rents (% of GDP)0.00%2021
Mineral Rents (% of GDP)0.00%2021
Oil Rents (% of GDP)0.00%2021
Natural Gas Rents (% of GDP)0.00%2021
Total Natural Resources Rents (% of GDP)0.0%2021
Forest Rents (% of GDP)0.01%2021
Industry Value Added (Current USD)$1.52B2024

Fiscal & Monetary

IndicatorValueYear
Inflation, Consumer Prices (%)1.0%2026
Govt Gross Debt (% of GDP)72.9%2026
Fiscal Balance (% of GDP)-0.6%2026
Current Account Balance (% of GDP)-7.3%2026
Unemployment Rate (%)9.1%2026
Inflation, CPI (%, World Bank)0.4%2024
Lending Interest Rate (%)4.3%2024
Deposit Interest Rate (%)0.5%2024
Government Debt (% of GDP)73.7%2023
Government Revenue (% of GDP)18.7%2023
Tax Revenue (% of GDP)16.2%2023
Taxes on Goods & Services (% of revenue)57.1%2023
Net Investment in Nonfinancial Assets (% of GDP)1.8%2023
Total Reserves incl. Gold (USD)$2.51B2023
Total Reserves (months of imports)4.22023
Official Exchange Rate (per USD)1.002024
Broad Money (% of GDP)68.8%2022

Trade

IndicatorValueYear
Trade (% of GDP)79.2%2024
Imports of Goods & Services (% of GDP)41.5%2024
Exports of Goods & Services (USD)$5.98B2024
Imports of Goods & Services (USD)$6.56B2024
Merchandise Exports (USD)$670.0M2024
Merchandise Imports (USD)$4.94B2024
FDI Inflows (% of GDP)1.5%2024
FDI Outflows (% of GDP)1.0%2024
FDI Net Inflows (USD)$240.6M2024
Personal Remittances Received (USD)$65.9M2024
Personal Remittances Received (% of GDP)0.4%2024
High-Tech Exports (% of manufactured)0.0%2024
Current Account Balance (% of GDP)-6.6%2024
Current Account Balance (USD)$-1.05B2024

People

IndicatorValueYear
Population401,2832024
Population Growth (%)0.5%2024
Population Density (per km²)402023
Surface Area (sq km)13,8802023
Land Area (sq km)10,0102023
Urban Population (%)81.3%2024
Urban Population (total)326,3432024
Rural Population (%)18.7%2024
Life Expectancy at Birth74.6 years2023
Life Expectancy, Male70.9 years2023
Life Expectancy, Female78.2 years2023
Fertility Rate (births per woman)1.42023
Birth Rate (per 1,000)10.92023
Death Rate (per 1,000)8.72023
Net Migration9352025
Population Ages 0–14 (%)17.9%2024
Population Ages 15–64 (%)70.3%2024
Population Ages 65+ (%)11.8%2024
Age Dependency Ratio (%)42.2%2024
Mortality Rate, Adult Male (per 1,000)207.92023
Mortality Rate, Adult Female (per 1,000)121.42023

Labor

IndicatorValueYear
Total Labor Force245,1592025
Labor Force Participation (%)73.8%2025
Female Labor Force Participation (%)70.7%2025
Male Labor Force Participation (%)77.2%2025
Unemployment (%)9.2%2025
Female Unemployment (%)9.2%2025
Male Unemployment (%)9.3%2025
Youth Unemployment (%)19.2%2025
Employment in Agriculture (%)0.8%2025
Employment in Industry (%)14.8%2025
Employment in Services (%)84.4%2025
Vulnerable Employment (%)15.9%2025
Wage & Salaried Workers (% of total)82.9%2025
Employers (% of total employment)1.1%2025
Labor Force, Female (% of total)50.7%2025

Education

IndicatorValueYear
Education Spending (% of GDP)2.7%2023
Education Spending (% of govt expenditure)10.6%2025
Primary School Enrollment (%)92.9%2024
Secondary School Enrollment (%)79.5%2024
Out-of-School Children, Primary4,5852024
Out-of-School Girls, Primary2,3192024
Primary School Teachers1,4972024
Secondary School Teachers2,1922024
Pupil-Teacher Ratio, Primary192018
Pupil-Teacher Ratio, Secondary122018

Health

IndicatorValueYear
Health Spending (% of GDP)6.3%2023
Health Spending per Capita (USD)$2K2023
Government Health Spending (% of GDP)3.2%2023
Out-of-Pocket Health Spending (% of total)27.5%2023
Nurses & Midwives (per 1,000)4.22023
Hospital Beds (per 1,000)2.22023
Infant Mortality (per 1,000 live births)12.72023
Under-5 Mortality, Female (per 1,000)11.72023
Under-5 Mortality, Male (per 1,000)13.62023
Cause of Death, Communicable (%)10.7%2019
Cause of Death, Non-Communicable (%)75.4%2019
Cause of Death, Injury (%)13.9%2019
Measles Immunization (% of children)86.0%2024
DPT Immunization (% of children)90.0%2024
HIV Incidence (per 1,000)0.132024
Tuberculosis Incidence (per 100,000)182024
Smoking Prevalence, Males (%)20.5%2022
Smoking Prevalence, Females (%)2.1%2022
Suicide Mortality Rate (per 100,000)3.32021
Alcohol Consumption (liters per capita)3.62020

Energy & Environment

IndicatorValueYear
Renewable Electricity Output (%)0.5%2021
Renewable Energy Consumption (%)1.1%2022
Access to Clean Fuels for Cooking (%)100.0%2023
PM2.5 Air Pollution (µg/m³)18.92020
Forest Area (%)50.9%2023
Forest Area (sq km)5,0992023
Terrestrial Protected Areas (%)8.3%2024
Marine Protected Areas (%)7.7%2024

Agriculture

IndicatorValueYear
Agricultural Land (%)1.3%2023
Cereal Yield (kg per hectare)7,5502023
Food Production Index (2014–2016=100)99.22022
Crop Production Index (2014–2016=100)102.22022
Livestock Production Index (2014–2016=100)92.32022
Land Under Cereal Production (hectares)822023
Fertilizer Consumption (kg per hectare)102.42021

Technology

IndicatorValueYear
Internet Users (%)94.8%2023
Fixed Broadband Subscriptions (per 100)23.82023
Secure Internet Servers (per million)6,354.62024
Patent Applications, Residents42017
Patent Applications, Non-Residents482017
Scientific Journal Articles182022
High-Technology Exports (USD)$02024

Infrastructure

IndicatorValueYear
Air Transport, Passengers Carried1.5M2023
Air Transport, Freight (million ton-km)18.62023
Container Port Traffic (TEU)1.7M2022
Logistics Performance Index (1–5)2.702022
Electricity from Oil (%)99.3%2021
Electricity from Nuclear (%)0.0%2021

Gender

IndicatorValueYear
Women in Parliament (%)17.9%2024
Female Labor Force Participation, 15+ (%)98.7%2023
Female Wage & Salaried Workers (%)88.9%2025
Girls Out-of-School Rate (%)83.8%2018
Adolescent Fertility Rate (per 1,000)24.62023

Governance

IndicatorValueYear
Control of Corruption1.272023
Government Effectiveness0.272023
Regulatory Quality0.012023
Voice & Accountability0.862023
Control of Corruption (percentile rank)88.2%2023
Government Effectiveness (percentile rank)61.8%2023
Rule of Law (percentile rank)55.7%2023
Political Stability (percentile rank)84.8%2023

Military

IndicatorValueYear
Armed Forces (% of labor force)0.9%2020
Intentional Homicides (per 100,000)32.22022

Tourism

IndicatorValueYear
International Tourism, Arrivals1.8M2020
Tourism Receipts (USD)$1.01B2020
Tourism Expenditures (USD)$166.0M2020
Tourism Receipts (% of total exports)59.6%2020
International Tourism, Transport Services (USD)$5.0M2020

Urban Development

IndicatorValueYear
Rural Population Growth (%)0.4%2024