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Bahamas Economic Statistics (2026)

1980

2026

2031

1980

2026

2031

What to know

Output per head in Bahamas reaches $44,106 (PPP) in 2026, an upper-middle income level. The economy is worth about $17 billion in total. Over the preceding five years it has grown at about 6.6% a year. Inflation is 1.6% and unemployment 9.4%. Government debt is 72% of GDP and falling. Its current account is in deficit, at 9.1% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$44,106

GDP growth

+2.1%

Inflation rate

1.6%

Unemployment

9.4%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

Total GDP is $17 billion, with steady growth of 2.1% in 2026.

Living Standards

GDP per capita is $44,106 in purchasing power terms ($40,892 nominal).

Prices & Employment

The economy is experiencing low inflation at 1.6% and high unemployment at 9.4%.

Government Finances

Government debt is elevated at 72% of GDP. The government spends more than it collects (revenue: 22.0%, expenditure: 22.3% of GDP).

External & Fiscal Balance

The country is running a fiscal deficit of 0.3% and a current account deficit of 9.1% of GDP.

The bottom line

Bahamas has an upper-middle income economy with GDP per capita (PPP) of $44k. The economy has been growing rapidly, averaging 6.6% annually.

What to know

Output per head in Bahamas reaches $44,106 (PPP) in 2026, an upper-middle income level. The economy is worth about $17 billion in total. Over the preceding five years it has grown at about 6.6% a year. Inflation is 1.6% and unemployment 9.4%. Government debt is 72% of GDP and falling. Its current account is in deficit, at 9.1% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$44,106

GDP growth

+2.1%

Inflation rate

1.6%

Unemployment

9.4%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

Total GDP is $17 billion, with steady growth of 2.1% in 2026.

Living Standards

GDP per capita is $44,106 in purchasing power terms ($40,892 nominal).

Prices & Employment

The economy is experiencing low inflation at 1.6% and high unemployment at 9.4%.

Government Finances

Government debt is elevated at 72% of GDP. The government spends more than it collects (revenue: 22.0%, expenditure: 22.3% of GDP).

External & Fiscal Balance

The country is running a fiscal deficit of 0.3% and a current account deficit of 9.1% of GDP.

The bottom line

Bahamas has an upper-middle income economy with GDP per capita (PPP) of $44k. The economy has been growing rapidly, averaging 6.6% annually.

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What to know

Key statistics for 2026

Output & Growth

Living Standards

Prices & Employment

Government Finances

External & Fiscal Balance

The bottom line

United States of America

Cuba

Turks and Caicos Islands

What to know

Key statistics for 2026

Output & Growth

Living Standards

Prices & Employment

Government Finances

External & Fiscal Balance

The bottom line