Broad money in Bahamas
Bahamas: Broad money was 68.8% in 2022. ▲ Rising
Broad money in Bahamas, 1969–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Bahamas is 68.8%, measured in 2022.
That represents a change of down 5.3% on the previous year and up 10.5% over ten years.
Over the whole period, broad money in Bahamas peaked at 80.8% in 2020 and was at its lowest, 30.5%, in 1985.
Bahamas ranks 66th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Broad money in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1969 | 37.3% | — |
| 1970 | 34.0% | -8.7% |
| 1971 | 33.0% | -3.0% |
| 1972 | 34.6% | +4.9% |
| 1973 | 30.9% | -10.7% |
| 1974 | 33.0% | +6.7% |
| 1975 | 38.3% | +16.3% |
| 1976 | 42.6% | +11.0% |
| 1977 | 39.4% | -7.5% |
| 1978 | 38.2% | -2.8% |
| 1979 | 32.2% | -15.7% |
| 1980 | 31.5% | -2.1% |
| 1981 | 32.8% | +3.9% |
| 1982 | 34.2% | +4.4% |
| 1983 | 35.2% | +3.0% |
| 1984 | 32.7% | -7.2% |
| 1985 | 30.5% | -6.9% |
| 1986 | 31.4% | +3.1% |
| 1987 | 33.1% | +5.4% |
| 1988 | 34.5% | +4.4% |
| 1989 | 34.3% | -0.7% |
| 1990 | 38.8% | +13.0% |
| 1991 | 42.1% | +8.5% |
| 1992 | 44.4% | +5.6% |
| 1993 | 51.8% | +16.8% |
| 1994 | 53.5% | +3.2% |
| 1995 | 55.2% | +3.2% |
| 1996 | 55.4% | +0.4% |
| 1997 | 39.0% | -29.6% |
| 1998 | 42.0% | +7.7% |
| 1999 | 41.3% | -1.7% |
| 2000 | 42.9% | +4.0% |
| 2001 | 43.7% | +1.9% |
| 2002 | 42.2% | -3.6% |
| 2003 | 43.8% | +3.8% |
| 2004 | 46.8% | +7.0% |
| 2005 | 47.8% | +2.0% |
| 2006 | 49.8% | +4.3% |
| 2007 | 52.7% | +5.8% |
| 2008 | 56.0% | +6.2% |
| 2009 | 60.0% | +7.2% |
| 2010 | 62.6% | +4.3% |
| 2011 | 64.3% | +2.7% |
| 2012 | 62.2% | -3.3% |
| 2013 | 64.0% | +2.9% |
| 2014 | 61.1% | -4.5% |
| 2015 | 57.3% | -6.3% |
| 2016 | 62.1% | +8.4% |
| 2017 | 60.4% | -2.8% |
| 2018 | 59.2% | -1.9% |
| 2019 | 63.2% | +6.8% |
| 2020 | 80.8% | +27.8% |
| 2021 | 72.6% | -10.2% |
| 2022 | 68.8% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 37.3% | 37.3% | 37.3% | 1 |
| 1970s | 35.6% | 30.9% | 42.6% | 10 |
| 1980s | 33.0% | 30.5% | 35.2% | 10 |
| 1990s | 46.3% | 38.8% | 55.4% | 10 |
| 2000s | 48.6% | 42.2% | 60.0% | 10 |
| 2010s | 61.6% | 57.3% | 64.3% | 10 |
| 2020s | 74.1% | 68.8% | 80.8% | 3 |
Countries ranked near Bahamas
- 63 Russian Federation 69.9% compare
- 64 Saint Vincent and the Grenadines 69.4% compare
- 65 Myanmar 69.2% compare
- 67 Poland 67.8% compare
- 68 Iceland 67.4% compare
- 69 Saint Lucia 66.7% compare
More financial sector data for Bahamas
- Net domestic credit (current LCU), per capita 27,293 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6917 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.52 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 1.91 billion SDR (2025)
- Reserves excluding gold 2.05 billion SDR (2025)
- Total reserves (gold at market value) 2.05 billion SDR (2025)
- Total reserves (gold at national valuation) 2.05 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 5,097 SDR per person (2025)
Frequently asked questions
- What is broad money in Bahamas?
- Broad money in Bahamas was 68.8% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Bahamas?
- The highest recorded value was 80.8% in 2020.
- What is the lowest broad money recorded in Bahamas?
- The lowest recorded value was 30.5% in 1985.
- How does Bahamas rank for broad money?
- Bahamas ranks 66th out of 167 countries with data for 2022.
- Is broad money rising or falling in Bahamas?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.