Inflation, GDP deflator: linked series in Bahamas
Bahamas: Inflation, GDP deflator: linked series was 0.3% in 2024. ◆ Volatile
Inflation, GDP deflator: linked series in Bahamas, 1990–2024
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
Bahamas recorded 0.3% for inflation, gdp deflator: linked series in 2024.
That represents a change of down 95.7% on the previous year and down 93.5% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Bahamas peaked at 6.6% in 2023 and was at its lowest, -2.3%, in 2020.
Bahamas ranks 185th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Bahamas, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 5.1% | — |
| 1991 | 2.6% | -49.6% |
| 1992 | 3.9% | +52.8% |
| 1993 | -0.9% | -121.8% |
| 1994 | 2.2% | -356.3% |
| 1995 | 0.8% | -63.2% |
| 1996 | 1.0% | +22.7% |
| 1997 | 1.9% | +95.9% |
| 1998 | 3.0% | +58.2% |
| 1999 | 5.0% | +62.4% |
| 2000 | 0.9% | -81.4% |
| 2001 | 0.4% | -61.7% |
| 2002 | 4.0% | +1021.5% |
| 2003 | 1.2% | -70.8% |
| 2004 | 1.2% | +3.5% |
| 2005 | 5.1% | +323.1% |
| 2006 | 0.8% | -83.6% |
| 2007 | 2.9% | +256.0% |
| 2008 | 1.5% | -49.5% |
| 2009 | -1.0% | -169.6% |
| 2010 | -0.4% | -62.1% |
| 2011 | -0.9% | +118.7% |
| 2012 | 2.1% | -345.2% |
| 2013 | 0.6% | -71.8% |
| 2014 | 4.4% | +642.3% |
| 2015 | 5.2% | +18.4% |
| 2016 | 1.5% | -70.5% |
| 2017 | 1.3% | -12.5% |
| 2018 | 0.6% | -57.0% |
| 2019 | 4.4% | +667.7% |
| 2020 | -2.3% | -152.3% |
| 2021 | -1.2% | -47.5% |
| 2022 | 4.1% | -438.0% |
| 2023 | 6.6% | +61.0% |
| 2024 | 0.3% | -95.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.5% | -0.9% | 5.1% | 10 |
| 2000s | 1.7% | -1.0% | 5.1% | 10 |
| 2010s | 1.9% | -0.9% | 5.2% | 10 |
| 2020s | 1.5% | -2.3% | 6.6% | 5 |
Countries ranked near Bahamas
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 inflation, gdp deflator: linked series in Bahamas?
- Inflation, gdp deflator: linked series in Bahamas was 0.3% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Bahamas?
- The highest recorded value was 6.6% in 2023.
- What is the lowest inflation, gdp deflator: linked series recorded in Bahamas?
- The lowest recorded value was -2.3% in 2020.
- How does Bahamas rank for inflation, gdp deflator: linked series?
- Bahamas ranks 185th out of 212 countries with data for 2024.
- Is inflation, gdp deflator: linked series rising or falling in Bahamas?
- Over the last ten years it is down 93.5%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.