Current account balance (credit less debit), Net (credits less debits) in Bahamas
Bahamas: Current account balance (credit less debit), Net (credits less debits) was -1.05 billion in 2024. ▼ Falling
Current account balance (credit less debit), Net (credits less debits) in Bahamas, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Bahamas is -1.05 billion, measured in 2024.
Compared with earlier readings it is up 1.5% on the previous year and up 44.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Bahamas peaked at -345.48 million in 2019 and was at its lowest, -2.43 billion, in 2021.
That places Bahamas 135th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Current account balance (credit less debit), Net (credits less debits) in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -700.64 million | — |
| 2006 | -1.40 billion | +100.3% |
| 2007 | -1.32 billion | -6.3% |
| 2008 | -1.22 billion | -7.1% |
| 2009 | -808.98 million | -33.8% |
| 2010 | -814.04 million | +0.6% |
| 2011 | -1.20 billion | +47.8% |
| 2012 | -1.50 billion | +25.1% |
| 2013 | -1.49 billion | -0.7% |
| 2014 | -1.89 billion | +26.2% |
| 2015 | -1.20 billion | -36.2% |
| 2016 | -710.79 million | -40.9% |
| 2017 | -1.57 billion | +121.5% |
| 2018 | -1.12 billion | -29.2% |
| 2019 | -345.48 million | -69.0% |
| 2020 | -2.28 billion | +561.3% |
| 2021 | -2.43 billion | +6.5% |
| 2022 | -1.23 billion | -49.4% |
| 2023 | -1.07 billion | -13.3% |
| 2024 | -1.05 billion | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.09 billion | -1.40 billion | -700.64 million | 5 |
| 2010s | -1.19 billion | -1.89 billion | -345.48 million | 10 |
| 2020s | -1.61 billion | -2.43 billion | -1.05 billion | 5 |
Countries ranked near Bahamas
More financial sector data for Bahamas
- Total reserves in months of imports, annual growth rate -5.27 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 1.93 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1186 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 4,751 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 1.79 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 5,097 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 1.79 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 5,097 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Bahamas?
- Current account balance (credit less debit), net (credits less debits) in Bahamas was -1.05 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Bahamas?
- The highest recorded value was -345.48 million in 2019.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Bahamas?
- The lowest recorded value was -2.43 billion in 2021.
- How does Bahamas rank for current account balance (credit less debit), net (credits less debits)?
- Bahamas ranks 135th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Bahamas?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.