Bahamas
World Bank name: Bahamas, The
- Capital
- Nassau
- Region
- Latin America & Caribbean
- Income group
- High income
- Population
- 403,000 (2025)
At a glance
- Prices in the Bahamas rose 1.1% in 2025, slower than in most countries.
- The Bahamas' economy grew 3.4% in 2024, close to the middle of the range worldwide.
- Output per person in the Bahamas was US$39,455 in 2024, higher than in most countries.
- 9.2% of the Bahamas' labour force had no job in 2025, a higher share than in most countries.
- The Bahamas' central government owed 71.5% of GDP in 2024, more than in most countries with data.
- The Bahamas had 403,000 people in 2025: about less than 0.1% of everyone on Earth, the 175th largest population of 217 countries and territories.
- The Bahamas had a current account deficit of 6.7% of GDP in 2024, lower than in most countries.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Bahamas | World median |
|---|---|---|
| 2025 | 1.1% | 3.0% |
| 2024 | 0.4% | 3.0% |
| 2023 | 3.1% | 5.7% |
| 2022 | 5.6% | 8.0% |
| 2021 | 2.9% | 3.5% |
| 2020 | 0.0% | 1.9% |
| 2019 | 2.5% | 2.2% |
| 2018 | 2.3% | 2.5% |
| 2017 | 1.5% | 2.3% |
| 2016 | −0.4% | 1.6% |
Economic growth
2024Real GDP, change over the year
Since 2000
Show the numbers
| Year | Bahamas | World median |
|---|---|---|
| 2024 | 3.4% | 3.4% |
| 2023 | 3.1% | 3.2% |
| 2022 | 10.9% | 4.3% |
| 2021 | 17.6% | 5.1% |
| 2020 | −20.1% | −3.8% |
| 2019 | −0.8% | 2.8% |
| 2018 | 2.4% | 3.2% |
| 2017 | 3.4% | 3.3% |
| 2016 | −1.2% | 3.1% |
| 2015 | 1.0% | 2.9% |
GDP per person
2024GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Bahamas | World median |
|---|---|---|
| 2024 | US$39,455 | US$7,853 |
| 2023 | US$38,232 | US$7,862 |
| 2022 | US$34,957 | US$7,656 |
| 2021 | US$30,368 | US$7,269 |
| 2020 | US$26,179 | US$6,433 |
| 2019 | US$33,640 | US$7,037 |
| 2018 | US$32,642 | US$6,978 |
| 2017 | US$31,875 | US$6,548 |
| 2016 | US$30,617 | US$5,982 |
| 2015 | US$30,719 | US$6,148 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Bahamas | World median |
|---|---|---|
| 2025 | 9.2% | 5.1% |
| 2024 | 9.1% | 5.1% |
| 2023 | 8.7% | 5.2% |
| 2022 | 9.3% | 5.3% |
| 2021 | 11.1% | 6.0% |
| 2020 | 12.0% | 6.4% |
| 2019 | 9.3% | 5.4% |
| 2018 | 10.0% | 5.4% |
| 2017 | 9.8% | 5.6% |
| 2016 | 12.7% | 5.9% |
Government debt
2024Central government debt, % of GDP
Since 2000
Show the numbers
| Year | Bahamas | World median |
|---|---|---|
| 2024 | 71.5% | 53.2% |
| 2023 | 73.7% | 60.7% |
| 2022 | 77.7% | 55.6% |
| 2021 | 82.5% | 58.8% |
| 2020 | 79.0% | 64.3% |
| 2019 | 56.7% | 49.2% |
| 2018 | 56.5% | 47.3% |
| 2017 | 52.6% | 51.2% |
| 2016 | 50.2% | 50.2% |
| 2015 | 47.6% | 49.4% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Bahamas |
|---|---|
| 2025 | 403,000 |
| 2024 | 401,000 |
| 2023 | 399,000 |
| 2022 | 398,000 |
| 2021 | 396,000 |
| 2020 | 396,000 |
| 2019 | 395,000 |
| 2018 | 393,000 |
| 2017 | 390,000 |
| 2016 | 388,000 |
Current account balance, % of GDP
Since 2000
Show the numbers
| Year | Bahamas | World median |
|---|---|---|
| 2024 | −6.7% | −1.3% |
| 2023 | −7.0% | −1.2% |
| 2022 | −8.9% | −3.0% |
| 2021 | −20.2% | −2.4% |
| 2020 | −22.0% | −1.7% |
| 2019 | −2.6% | −2.1% |
| 2018 | −8.7% | −2.9% |
| 2017 | −12.7% | −2.1% |
| 2016 | −6.0% | −2.8% |
| 2015 | −10.2% | −2.8% |
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show the Bahamas since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.