Current account balance (credit less debit), Net (credits less) in Bahamas
Bahamas: Current account balance (credit less debit), Net (credits less) 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) 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% |
Bahamas compared with similar countries
- Bahamas's -1.05 billion is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Bahamas's -1.05 billion is below the median for Latin America & Caribbean, which is -169.22 million, 6.2× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -561.3% | -345.48 million | -2.28 billion |
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve position in the IMF, US dollar, per capita 65.53 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2024)
- Reserve position in the IMF, SDR, per capita 47.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve tranche position, US dollar, per capita 65.53 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.