The Bahamas Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, The Bahamas experienced a significant an increase in its GDP growth rate, which rise to 3.379% from 3.048% in 2023. Additionally, the GDP per capita growth rate in The Bahamas increase to 2.904% in 2024, compared to 2.558% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 10.667% | 10.67% | 5.342% | 5.34% |
| 1962 | 10.452% | -0.22% | 5.04% | -0.30% |
| 1963 | 10.524% | 0.07% | 5.129% | 0.09% |
| 1964 | 10.502% | -0.02% | 5.473% | 0.34% |
| 1965 | 10.426% | -0.08% | 5.631% | 0.16% |
| 1966 | 9.072% | -1.35% | 4.197% | -1.43% |
| 1967 | 9.598% | 0.53% | 4.605% | 0.41% |
| 1968 | 8.422% | -1.18% | 3.436% | -1.17% |
| 1969 | 8.982% | 0.56% | 4.149% | 0.71% |
| 1970 | -5.65% | -14.63% | -9.221% | -13.37% |
| 1971 | 1.627% | 7.28% | -1.502% | 7.72% |
| 1972 | -3.497% | -5.12% | -6.056% | -4.55% |
| 1973 | 7.568% | 11.07% | 5.03% | 11.09% |
| 1974 | -16.754% | -24.32% | -18.599% | -23.63% |
| 1975 | -14.803% | 1.95% | -16.648% | 1.95% |
| 1976 | 5.185% | 19.99% | 2.922% | 19.57% |
| 1977 | 9.155% | 3.97% | 6.836% | 3.91% |
| 1978 | 14.18% | 5.03% | 11.83% | 4.99% |
| 1979 | 26.139% | 11.96% | 23.669% | 11.84% |
| 1980 | 6.495% | -19.64% | 4.528% | -19.14% |
| 1981 | -9.226% | -15.72% | -10.795% | -15.32% |
| 1982 | 6.699% | 15.93% | 4.925% | 15.72% |
| 1983 | 3.597% | -3.10% | 1.868% | -3.06% |
| 1984 | 14.171% | 10.57% | 12.26% | 10.39% |
| 1985 | 4.829% | -9.34% | 3.052% | -9.21% |
| 1986 | 1.797% | -3.03% | 0.065% | -2.99% |
| 1987 | 2.985% | 1.19% | 1.255% | 1.19% |
| 1988 | 2.31% | -0.68% | 0.577% | -0.68% |
| 1989 | 6.727% | 4.42% | 4.866% | 4.29% |
| 1990 | -1.596% | -8.32% | -3.296% | -8.16% |
| 1991 | -4.182% | -2.59% | -5.815% | -2.52% |
| 1992 | -3.826% | 0.36% | -5.573% | 0.24% |
| 1993 | 0.308% | 4.13% | -1.556% | 4.02% |
| 1994 | 3.149% | 2.84% | 1.35% | 2.91% |
| 1995 | 4.379% | 1.23% | 2.664% | 1.31% |
| 1996 | 4.224% | -0.15% | 2.588% | -0.08% |
| 1997 | 1.288% | -2.94% | -0.223% | -2.81% |
| 1998 | 4.717% | 3.43% | 3.235% | 3.46% |
| 1999 | 7.144% | 2.43% | 5.721% | 2.49% |
| 2000 | 4.148% | -3.00% | 2.791% | -2.93% |
| 2001 | 2.626% | -1.52% | 1.374% | -1.42% |
| 2002 | 2.705% | 0.08% | 1.535% | 0.16% |
| 2003 | -1.265% | -3.97% | -2.443% | -3.98% |
| 2004 | 0.882% | 2.15% | -0.354% | 2.09% |
| 2005 | 3.396% | 2.51% | 2.16% | 2.51% |
| 2006 | 2.517% | -0.88% | 1.198% | -0.96% |
| 2007 | 1.446% | -1.07% | 0.022% | -1.18% |
| 2008 | -2.324% | -3.77% | -3.629% | -3.65% |
| 2009 | -4.175% | -1.85% | -5.414% | -1.79% |
| 2010 | 1.539% | 5.71% | 0.249% | 5.66% |
| 2011 | 0.613% | -0.93% | -0.537% | -0.79% |
| 2012 | 4.52% | 3.91% | 3.479% | 4.02% |
| 2013 | -2.863% | -7.38% | -3.756% | -7.24% |
| 2014 | 1.847% | 4.71% | 0.956% | 4.71% |
| 2015 | 0.997% | -0.85% | 0.199% | -0.76% |
| 2016 | -1.157% | -2.15% | -1.847% | -2.05% |
| 2017 | 3.371% | 4.53% | 2.728% | 4.58% |
| 2018 | 2.398% | -0.97% | 1.816% | -0.91% |
| 2019 | -0.839% | -3.24% | -1.331% | -3.15% |
| 2020 | -20.089% | -19.25% | -20.329% | -19.00% |
| 2021 | 17.586% | 37.68% | 17.435% | 37.76% |
| 2022 | 10.878% | -6.71% | 10.553% | -6.88% |
| 2023 | 3.048% | -7.83% | 2.558% | -8.00% |
| 2024 | 3.379% | 0.33% | 2.904% | 0.35% |