Domestic credit provided by financial sector in Bahamas
Bahamas: Domestic credit provided by financial sector was 75.3% in 2016. ▲ Rising
Domestic credit provided by financial sector in Bahamas, 1973–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit provided by financial sector in Bahamas is 75.3%, measured in 2016.
The figure is up 1.0% on the previous year and up 14.3% over ten years.
Over the whole period, domestic credit provided by financial sector in Bahamas peaked at 84.3% in 2013 and was at its lowest, 42.3%, in 1985.
Bahamas ranks 26th of 65 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Domestic credit provided by financial sector in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 66.4% | — |
| 1974 | 61.6% | -7.2% |
| 1975 | 72.0% | +16.9% |
| 1976 | 67.8% | -5.8% |
| 1977 | 66.4% | -2.1% |
| 1978 | 62.2% | -6.4% |
| 1979 | 48.8% | -21.4% |
| 1980 | 47.4% | -2.9% |
| 1981 | 48.2% | +1.7% |
| 1982 | 49.4% | +2.4% |
| 1983 | 49.8% | +0.8% |
| 1984 | 44.0% | -11.6% |
| 1985 | 42.3% | -4.0% |
| 1986 | 44.0% | +4.0% |
| 1987 | 49.4% | +12.2% |
| 1988 | 52.9% | +7.2% |
| 1989 | 54.3% | +2.6% |
| 1990 | 58.5% | +7.8% |
| 1991 | 62.6% | +7.1% |
| 1992 | 65.7% | +5.0% |
| 1993 | 71.0% | +8.0% |
| 1994 | 72.0% | +1.4% |
| 1995 | 74.8% | +3.9% |
| 1996 | 76.4% | +2.2% |
| 1997 | 48.2% | -36.9% |
| 1998 | 50.1% | +3.9% |
| 1999 | 49.6% | -1.0% |
| 2000 | 52.7% | +6.4% |
| 2001 | 56.1% | +6.3% |
| 2002 | 55.5% | -1.0% |
| 2003 | 55.7% | +0.3% |
| 2004 | 56.6% | +1.7% |
| 2005 | 59.5% | +5.2% |
| 2006 | 65.9% | +10.7% |
| 2007 | 69.0% | +4.7% |
| 2008 | 74.2% | +7.5% |
| 2009 | 79.4% | +7.0% |
| 2010 | 82.5% | +3.9% |
| 2011 | 83.6% | +1.3% |
| 2012 | 79.8% | -4.5% |
| 2013 | 84.3% | +5.6% |
| 2014 | 78.4% | -7.0% |
| 2015 | 74.6% | -4.8% |
| 2016 | 75.3% | +1.0% |
Bahamas compared with similar countries
- Bahamas's 75.3% is below the median for high income countries, which is 84.0%, 90% of the median. (14 countries reporting)
- Bahamas's 75.3% is above the median for Latin America & Caribbean, which is 65.9%, 1.1× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Domestic credit provided by financial sector 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 |
|---|---|---|---|
| 1997 | -36.9% | 76.4% | 48.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 63.6% | 48.8% | 72.0% | 7 |
| 1980s | 48.2% | 42.3% | 54.3% | 10 |
| 1990s | 62.9% | 48.2% | 76.4% | 10 |
| 2000s | 62.5% | 52.7% | 79.4% | 10 |
| 2010s | 79.8% | 74.6% | 84.3% | 7 |
Countries ranked near Bahamas
- 23 Bolivia, Plurinational State of 77.5% compare
- 24 Brunei Darussalam 76.3% compare
- 25 Colombia 75.8% compare
- 27 Georgia 75.0% compare
- 28 Costa Rica 73.4% compare
- 29 Cape Verde 70.0% 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 domestic credit provided by financial sector in Bahamas?
- Domestic credit provided by financial sector in Bahamas was 75.3% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in Bahamas?
- The highest recorded value was 84.3% in 2013.
- What is the lowest domestic credit provided by financial sector recorded in Bahamas?
- The lowest recorded value was 42.3% in 1985.
- How does Bahamas rank for domestic credit provided by financial sector?
- Bahamas ranks 26th out of 65 countries with data for 2016.
- Is domestic credit provided by financial sector rising or falling in Bahamas?
- Over the last ten years it is up 14.3%. 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 Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.