Current account balance (credit less debit), Percent of GDP in Bahamas
Bahamas: Current account balance (credit less debit), Percent of GDP was -5.88 in 2031. ◆ Volatile
Current account balance (credit less debit), Percent of GDP in Bahamas, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp in Bahamas is -5.88, measured in 2031.
The figure is up 4.0% on the previous year and up 70.9% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Bahamas peaked at 5.62 in 1993 and was at its lowest, -22, in 2020.
Bahamas ranks 30th of 35 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -0.585 | — |
| 1981 | -3.05 | +421.4% |
| 1982 | -2.15 | -29.5% |
| 1983 | -1.15 | -46.4% |
| 1984 | -1.33 | +15.3% |
| 1985 | -1.01 | -23.9% |
| 1986 | -0.764 | -24.5% |
| 1987 | -1.17 | +53.6% |
| 1988 | -1.37 | +16.7% |
| 1989 | -1.75 | +27.5% |
| 1990 | -0.7698 | -55.9% |
| 1991 | -3.55 | +361.1% |
| 1992 | 0.6494 | -118.3% |
| 1993 | 5.62 | +765.4% |
| 1994 | 3.8 | -32.4% |
| 1995 | 2.31 | -39.1% |
| 1996 | 0.2973 | -87.2% |
| 1997 | -5.36 | -1902.4% |
| 1998 | -10.09 | +88.3% |
| 1999 | 1.36 | -113.5% |
| 2000 | -1.51 | -211.5% |
| 2001 | -3.84 | +153.2% |
| 2002 | 0.0839 | -102.2% |
| 2003 | -0.1726 | -305.7% |
| 2004 | 1.61 | -1030.6% |
| 2005 | -3.1 | -292.8% |
| 2006 | -10.14 | +227.4% |
| 2007 | -8.99 | -11.4% |
| 2008 | -8.28 | -7.8% |
| 2009 | -8.1 | -2.2% |
| 2010 | -7.88 | -2.6% |
| 2011 | -10.94 | +38.7% |
| 2012 | -14.29 | +30.7% |
| 2013 | -14.47 | +1.3% |
| 2014 | -19.68 | +36.0% |
| 2015 | -12.49 | -36.6% |
| 2016 | -12.4 | -0.7% |
| 2017 | -13.28 | +7.1% |
| 2018 | -9.36 | -29.6% |
| 2019 | -2.12 | -77.4% |
| 2020 | -22 | +939.0% |
| 2021 | -20.22 | -8.1% |
| 2022 | -8.87 | -56.1% |
| 2023 | -7 | -21.1% |
| 2024 | -7.62 | +8.8% |
| 2025 | -9.95 | +30.6% |
| 2026 | -9.08 | -8.8% |
| 2027 | -8.4 | -7.4% |
| 2028 | -7.52 | -10.5% |
| 2029 | -6.66 | -11.4% |
| 2030 | -6.13 | -8.0% |
| 2031 | -5.88 | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.43 | -3.05 | -0.585 | 10 |
| 1990s | -0.5722 | -10.09 | 5.62 | 10 |
| 2000s | -4.24 | -10.14 | 1.61 | 10 |
| 2010s | -11.69 | -19.68 | -2.12 | 10 |
| 2020s | -10.73 | -22 | -6.66 | 10 |
| 2030s | -6.01 | -6.13 | -5.88 | 2 |
Countries ranked near Bahamas
- 27 United States of America -3.56 compare
- 28 Honduras -3.72 compare
- 29 Barbados -5.21 compare
- 31 Antigua and Barbuda -9.39 compare
- 32 Saint Kitts and Nevis -11.86 compare
- 33 Grenada -14.09 compare
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), percent of gdp in Bahamas?
- Current account balance (credit less debit), percent of gdp in Bahamas was -5.88 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Bahamas?
- The highest recorded value was 5.62 in 1993.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Bahamas?
- The lowest recorded value was -22 in 2020.
- How does Bahamas rank for current account balance (credit less debit), percent of gdp?
- Bahamas ranks 30th out of 35 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in Bahamas?
- Over the last ten years it is up 70.9%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.