Bahamas GDP

The Gross Domestic Product (GDP) in Bahamas was worth 8.15 billion US dollars in 2012. The GDP value of Bahamas represents 0.01 percent of the world economy. GDP in Bahamas is reported by the World Bank. From 1960 until 2012, Bahamas GDP averaged 3.2 USD Billion reaching an all time high of 8.3 USD Billion in December of 2007 and a record low of 0.2 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Bahamas GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.15 7.87 8.32 0.17 8.28 | 2013/12 1960 - 2012 USD Billion Yearly

TO

Bahamas GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 8.15 2012-12-31 7.87 8.32 0.17 8.28 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 1.90 2013-12-31 1.80 7.90 -4.20 1.91 2014-12-31 Percent [+]
GDP per capita 21083.65 2012-12-31 21022.45 24212.39 12753.86 21137.26 2013-12-31 USD [+]
GDP per capita PPP 27260.12 2012-12-31 27180.99 31305.43 23114.62 27320.97 2013-12-31 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Bahamas Inflation Rate at 1.74 Percent  
The inflation rate in Bahamas was recorded at 1.74 percent in February of 2014. Inflation Rate in Bahamas is reported by the Department of Statistics of The Bahamas.
Bahamas Personal Income Tax Rate at 0.00 percent  
The Personal Income Tax Rate in Bahamas stands at 0 percent. Personal Income Tax Rate in Bahamas is reported by the Ministry of Finance, Bahamas.
Bahamas Unemployment Rate at 15.40 Percent  
Unemployment Rate in Bahamas increased to 15.40 percent in 2013 from 14 percent in 2012. Unemployment Rate in Bahamas is reported by the Bahamas Department of Statistics.
Bahamas GDP Annual Growth Rate at 1.90 Percent  
The Gross Domestic Product (GDP) in Bahamas expanded 1.90 percent in 2013 from the previous year. GDP Annual Growth Rate in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Visitor Arrivals at 1600981.00 Persons  
Tourist Arrivals in Bahamas increased to 1600981 Persons in the fourth quarter of 2013 from 1325162 Persons in the third quarter of 2013. Tourist Arrivals in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Interest Rate at 4.50 Percent  
The benchmark interest rate in Bahamas was last recorded at 4.50 percent. Interest Rate in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Corporate Tax Rate at 0.00 percent  
The Corporate Tax Rate in Bahamas stands at 0 percent. Corporate Tax Rate in Bahamas is reported by the Ministry of Finance, Bahamas.
Bahamas Balance of Trade at -515222.00 Thousand Bahamian Dollars  
Bahamas recorded a trade deficit of 515222 Thousand Bahamian Dollars in the second quarter of 2013. Balance of Trade in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Exports at 86716.00 Thousand Bahamian Dollars  
Exports in Bahamas increased to 86716 Thousand Bahamian Dollars in the second quarter of 2013 from 65088 Thousand Bahamian Dollars in the first quarter of 2013. Exports in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Imports at 601938.00 Thousand Bahamian Dollars  
Imports in Bahamas increased to 601938 Thousand Bahamian Dollars in the second quarter of 2013 from 575313 Thousand Bahamian Dollars in the first quarter of 2013. Imports in Bahamas is reported by the Central Bank of The Bahamas.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News