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Government Finance of the Bahamas

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

10.7% 10.4% 78.9%
  • Social security contributions: 10.7%
  • Property taxes: 10.4%
  • Goods and services taxes: 78.9%
Show table
Social security contributions
10.7%
Property taxes
10.4%
Goods and services taxes
78.9%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 71.9% #46 / 184 2026
Government Gross Debt (Local currency - BSD) 12.1B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - BSD) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -0.3% #32 / 189 2026
Fiscal Balance (Local currency - BSD) -53M - 2026
Primary Fiscal Balance (% of GDP) 3.7% #10 / 182 2026
Primary Fiscal Balance (Local currency - BSD) 624M - 2026

Revenue and Spending

Government Revenue (% of GDP) 22% #122 / 189 2026
Government Revenue (Local currency - BSD) 3.69B - 2026
Government Spending (% of GDP) 22.3% #143 / 189 2026
Government Spending (Local currency - BSD) 3.74B - 2026

International Reserves

Total Reserves (USD) 2.63B #116 / 163 2024

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