Services balance (credit less debit), Net (credits less debits) in Bahamas
Bahamas: Services balance (credit less debit), Net (credits less debits) was 3.42 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Bahamas, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Bahamas is 3.42 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 16.1% on the previous year and up 243.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Bahamas peaked at 3.42 billion in 2024 and was at its lowest, -129.76 million, in 2020.
That places Bahamas 40th out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.22 billion | — |
| 2006 | 825.21 million | -32.6% |
| 2007 | 1.02 billion | +23.6% |
| 2008 | 1.13 billion | +10.9% |
| 2009 | 1.15 billion | +2.1% |
| 2010 | 1.31 billion | +13.7% |
| 2011 | 1.20 billion | -8.5% |
| 2012 | 1.15 billion | -4.0% |
| 2013 | 1.04 billion | -9.6% |
| 2014 | 996.98 million | -4.4% |
| 2015 | 1.62 billion | +62.3% |
| 2016 | 1.56 billion | -3.3% |
| 2017 | 1.38 billion | -11.8% |
| 2018 | 2.31 billion | +67.5% |
| 2019 | 2.64 billion | +14.2% |
| 2020 | -129.76 million | -104.9% |
| 2021 | 1.01 billion | -877.1% |
| 2022 | 2.65 billion | +162.6% |
| 2023 | 2.95 billion | +11.4% |
| 2024 | 3.42 billion | +16.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.07 billion | 825.21 million | 1.22 billion | 5 |
| 2010s | 1.52 billion | 996.98 million | 2.64 billion | 10 |
| 2020s | 1.98 billion | -129.76 million | 3.42 billion | 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 services balance (credit less debit), net (credits less debits) in Bahamas?
- Services balance (credit less debit), net (credits less debits) in Bahamas was 3.42 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Bahamas?
- The highest recorded value was 3.42 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Bahamas?
- The lowest recorded value was -129.76 million in 2020.
- How does Bahamas rank for services balance (credit less debit), net (credits less debits)?
- Bahamas ranks 40th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Bahamas?
- Over the last ten years it is up 243.5%. 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 Services 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.