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Economy of the Bahamas

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

27.0% 9.0% 52.4%
  • Agriculture, forestry & fishing: 0.6%
  • Mining, manufacturing & utilities: 4.8%
  • Construction: 6.2%
  • Trade, restaurants & hotels: 27.0%
  • Transport & communication: 9.0%
  • Finance, real estate & other services: 52.4%
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Agriculture, forestry & fishing
0.6%
Mining, manufacturing & utilities
4.8%
Construction
6.2%
Trade, restaurants & hotels
27.0%
Transport & communication
9.0%
Finance, real estate & other services
52.4%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 17B #140 / 190 2026
GDP (Local currency - BSD) 17B - 2026
Real GDP (Local currency - BSD) 14.8B - 2026
PPP GDP (Int$) 18.4B #152 / 191 2026
GNI (USD) 15.3B #144 / 210 2024

GDP per Capita

GDP per Capita (USD) 40,892 #34 / 190 2026
GDP per Capita (Local currency - BSD) 40,892 - 2026
Real GDP per Capita (Local currency - BSD) 35,531 - 2026
PPP GDP per Capita (Int$) 44,106 #61 / 191 2026
GNI per Capita (USD) 38,114 #37 / 210 2024

Economic Growth

GDP Growth 2.1% #134 / 191 2026

Prices and Inflation

Inflation Rate 1.6% #173 / 191 2026

Labor Market

Unemployment Rate 9.4% #13 / 103 2026

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