Bahamas | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 1.00 1.01 1.02 1.03 1.04 1.2 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 1.20 1.14 1.17 1.19 1.22 1.37 percent [+]
GDP 8.88 8.88 9.11 9.11 9.07 9.31 USD Billion [+]
GDP per capita 21441.84 21450 21500 21500 21112 27000 USD [+]
GDP per capita PPP 22394.31 22300 22500 22500 22500 23900 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 14.80 15.8 15.9 15.9 15.9 16.3 percent [+]
Population 0.39 0.37 0.37 0.38 0.38 0.39 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate -0.33 -0.6 -0.2 0.2 1 3 percent [+]
Inflation Rate Mom 0.30 0.14 0.14 0.14 0.14 0.14 percent [+]
Consumer Price Index Cpi 101.97 103 103 103 104 108 Index Points [+]
Food Inflation 4.40 4.34 4.34 4.34 4.34 4.34 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Money Supply M0 248.00 263 267 272 276 334 BSD Million [+]
Deposit Interest Rate 1.40 1.52 1.56 1.61 1.65 1.7 percent [+]
Money Supply M1 2198.00 2267 2315 2363 2413 3179 BSD Million [+]
Money Supply M2 6346.60 6269 6284 6290 6275 6221 BSD Million [+]
Money Supply M3 6577.00 6549 6534 6519 6506 6390 BSD Million [+]
Foreign Exchange Reserves 889.60 836 906 938 917 912 BSD Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -428.30 -408 -409 -399 -397 -392 BSD Million [+]
Exports 144.20 129 125 136 128 131 BSD Million [+]
Imports 572.50 545 532 534 527 525 BSD Million [+]
Current Account -157.70 -295 -294 -293 -292 -277 BSD Million [+]
Current Account to GDP -22.30 -20.95 -20.48 -20.01 -19.55 -20.36 percent [+]
Tourist Arrivals 488.00 524 525 525 525 525 Thousand [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 76.30 80.52 81.5 82.48 83.46 95.22 percent [+]
Government Budget -4.40 -3.58 -3.64 -3.7 -3.75 -4.91 percent of GDP [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Ease of Doing Business 121.00 115 115 115 116 106 [+]
Corruption Index 71.00 71.7 71.65 71.59 71.53 71.41 Points [+]
Corruption Rank 24.00 22.15 22.17 22.2 22.22 22.24 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Private Sector Credit 6217.13 6219 6219 6219 6219 6219 BSD Million [+]
Bank Lending Rate 12.79 12.59 12.58 12.59 12.59 12.59 percent [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Building Permits 304.00 291 286 280 275 230 Units [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/5/2016