Bahamas | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Bahamas including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bahamas economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 1.00 1.01 1.02 1.05 1.04 1.2 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 0.60 1.2 1.2 1.2 1.4 1.4 percent [+]
GDP 8.85 9.11 8.81 8.82 8.85 9.01 USD Billion [+]
GDP per capita 20683.87 21500 20647 21500 20574 27000 USD [+]
GDP per capita PPP 21602.68 22500 22500 22500 21106 23900 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 14.80 15.9 15.9 15.9 16.2 15.5 percent [+]
Population 0.38 0.38 0.38 0.38 0.38 0.39 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.80 0.2 1 1.2 0.6 2.5 percent [+]
Inflation Rate Mom -0.20 0.11 0.11 0.11 0.11 0.11 percent [+]
Consumer Price Index Cpi 101.97 102 103 103 102 106 Index Points [+]
Food Inflation 4.40 4.34 4.34 4.34 4.34 4.34 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 4.00 4 4 4 4 4 percent [+]
Money Supply M0 269.00 273 272 272 272 272 BSD Million [+]
Deposit Interest Rate 1.40 1.57 1.54 1.52 1.56 1.7 percent [+]
Money Supply M1 2461.00 2522 2526 2527 2528 2529 BSD Million [+]
Money Supply M2 6622.50 6718 6758 6797 6835 7251 BSD Million [+]
Money Supply M3 6930.00 7055 7101 7146 7192 7681 BSD Million [+]
Foreign Exchange Reserves 920.30 933 935 932 931 932 BSD Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -557.30 -548 -581 -550 -577 -572 BSD Million [+]
Exports 99.50 109 92.05 97.96 96.8 96.41 BSD Million [+]
Imports 656.70 659 663 660 662 661 BSD Million [+]
Current Account -171.80 -228 -378 -228 -213 -259 BSD Million [+]
Current Account to GDP -22.30 -18.92 -19.94 -20.95 -20.48 -20.36 percent [+]
Tourist Arrivals 324.30 495 494 494 495 495 Thousand [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 76.30 78.51 79.52 80.52 81.5 95.22 percent [+]
Government Budget -4.40 -4.35 -3.96 -3.58 -3.64 -4.91 percent of GDP [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 121.00 121 121 121 121 121 [+]
Corruption Index 66.00 66 67 67 68 70 Points [+]
Corruption Rank 24.00 24 24 24 24 24 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Private Sector Credit 6152.76 6145 6144 6144 6144 6144 BSD Million [+]
Bank Lending Rate 12.39 12.59 12.59 12.59 12.59 12.59 percent [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Building Permits 304.00 280 275 271 267 230 Units [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 0.00 0 0 0 0 0 percent [+]
Personal Income Tax Rate 0.00 0 0 0 0 0 percent [+]
Social Security Rate 9.80 9.8 9.8 9.8 9.8 9.8 percent [+]
Social Security Rate For Companies 5.90 5.9 5.9 5.9 5.9 5.9 percent [+]
Social Security Rate For Employees 3.90 3.9 3.9 3.9 3.9 3.9 percent [+]
Sales Tax Rate 7.50 7.5 7.5 7.5 7.5 7.5 percent [+]