Bahamas | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 1.00 1.01 1.02 1.03 1.05 1.2 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 0.60 1.03 0.93 0.83 0.73 1.11 percent [+]
GDP 8.85 9.11 9.11 8.88 8.95 9.31 USD Billion [+]
GDP per capita 20683.87 21500 21500 21217 21500 27000 USD [+]
GDP per capita PPP 21602.68 22500 22500 22500 22500 23900 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 14.80 15.9 15.9 15.9 15.9 16.3 percent [+]
Population 0.38 0.37 0.38 0.38 0.38 0.39 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 0.80 -0.2 0.2 1 1.2 3 percent [+]
Inflation Rate Mom -0.20 0.09 0.11 0.11 0.11 0.11 percent [+]
Consumer Price Index Cpi 101.97 103 103 104 104 108 Index Points [+]
Food Inflation 4.40 4.34 4.34 4.34 4.34 4.34 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 4.00 4 4 4 4 4 percent [+]
Money Supply M0 281.00 276 276 276 276 276 BSD Million [+]
Deposit Interest Rate 1.40 1.59 1.57 1.54 1.52 1.7 percent [+]
Money Supply M1 2461.00 2512 2522 2526 2527 2529 BSD Million [+]
Money Supply M2 6622.50 6677 6718 6758 6797 7251 BSD Million [+]
Money Supply M3 6930.00 7007 7055 7101 7146 7681 BSD Million [+]
Foreign Exchange Reserves 889.60 906 938 917 903 912 BSD Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -557.30 -598 -548 -581 -550 -572 BSD Million [+]
Exports 99.50 97.47 109 92.05 97.96 96.41 BSD Million [+]
Imports 656.70 665 659 663 660 661 BSD Million [+]
Current Account -171.80 -190 -228 -378 -228 -259 BSD Million [+]
Current Account to GDP -22.30 -17.91 -18.92 -19.94 -20.95 -20.36 percent [+]
Tourist Arrivals 324.30 500 495 494 494 495 Thousand [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 76.30 77.51 78.51 79.52 80.52 95.22 percent [+]
Government Budget -4.40 -4.74 -4.35 -3.96 -3.58 -4.91 percent of GDP [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Ease of Doing Business 121.00 115 115 115 116 106 [+]
Corruption Index 66.00 66 66 67 67 70 Points [+]
Corruption Rank 24.00 22.23 22.2 22.18 22.15 22.24 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Private Sector Credit 6152.76 6146 6145 6144 6144 6144 BSD Million [+]
Bank Lending Rate 12.39 12.61 12.59 12.59 12.59 12.59 percent [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Building Permits 304.00 291 286 280 275 230 Units [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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 [+]





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. 3/23/2017