Population: 377 thousand in 20131
GDP: $8.1 billion in 20122
GDP per capita: $22,096 nominal3 ($23,102 PPP4) in 2012
GDP growth rate: 0.7% in 20135
GDP by Industry 20126
Industry sector | Value added ($ millions) 2012 | Percent of total |
Other activities | 3,935 | 50.0% |
Wholesale, retail trade, restaurants and hotels | 1,974 | 25.1% |
Transport, storage and communication | 627 | 8.0% |
Construction | 594 | 7.6% |
Mining and utilities | 294 | 3.7% |
Manufacturing | 281 | 3.6% |
Agriculture, hunting, forestry, fishing | 159 | 2.0% |
Total value added | 7,865 | 100% |
Unemployment rate: 13.6% in 20137
Employment by Industry 8
Employment sector | Percent of total |
Tourism | 49% |
Other services | 37% |
Industry | 11% |
Agriculture | 3% |
Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $10 billion (123% of GDP) in 201410
Household Wealth per Adult: $42,522 in 201410
Gini Coefficient: N/A
Central Government
Central Government Revenue: $1.4 billion (17% of GDP) in 201211
Central Government Expenditure: $2.1 billion (26% of GDP) in 201211
Central Government Budget Balance: -$0.7 billion (-9% of GDP) in 201311
Central Government Public Debt: N/A
Central Government 10 Year Bond Interest Rate: 4.1% in 201312
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 201313
Corporate Tax Rate: 0% in 201414
Money Supply (M0): $1.6 billion (20% of GDP) in 2013* 15
Benchmark Interest Rate: Discount Rate = 4.50% in Jan 201516
Total Reserves: $0.8 billion (10% of GDP) in 201317
Exchange Rate: 1.00 Bahamian Dollar = 1 U.S. Dollar on Feb 18, 201518
Inflation: 0.4% in 201319
* Money supply calculated using the exchange rate 1 BSD = 1 USD
Top 10 Financial Institutions by Assets 201320
N/A (data not available at Relbanks.com)
Exports: $1.0 billion (12% of GDP) in 201321
Imports: $3.2 billion (39% of GDP) in 201321
Trade Balance: -$2.2 billion (-27% of GDP) in 201321
Foreign Direct Investment Inflow: $0.4 billion (5% of GDP) in 201322
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: N/A
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Government budget) Go back
12. Source: Bloomberg (Government bond yield) Go back
13. Source: Ernst & Young, Worldwide Personal Tax Guide (Individual tax rates) Go back
14. Source: Tax Foundation (Corporate tax rate) Go back
15. Source: World Bank Indicators (Money supply) Go back
16. Source: Central Bank of the Bahamas (Benchmark interest rate) Go back
17. Source: World Bank Indicators (Total reserves) Go back
18. Source: xe.com (Exchange rate) Go back
19. Source: World Bank Indicators (Inflation rate) Go back
20. Source: Relbanks.com (Financial institutions by assets) Go back
21. Source: CIA World Factbook (Trade data) Go back
22. Source: World Bank Indicators (FDI data) Go back