Bahamas Government Debt To GDP

Bahamas recorded a Government Debt to GDP of 49.90 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Bahamas is reported by the World Bank. From 1990 until 2012, Bahamas Government Debt To GDP averaged 33.2 Percent reaching an all time high of 49.9 Percent in December of 2012 and a record low of 23.9 Percent in December of 2000. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Bahamas Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
49.90 48.60 49.90 23.94 52.69 | 2013/12 1990 - 2012 Percent Yearly

TO

Bahamas Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 49.90 2012-12-31 48.60 49.90 23.94 52.69 2013-12-31 Percent [+]
Government Budget -5.60 2012-06-30 -4.70 0.33 -5.60 -5.71 2012-12-31 Percent of GDP [+]
Credit Rating 62.50 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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

Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
MORE TOP NEWS

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