General profile: Bahamas

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
0.393 Millions
1.000 BSD/US$
8 823 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
-0.35 %
0.00 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-16.5 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
549
702
527
(e) 440
Merchandise imports
2 312
2 591
2 954
(e) 2 340
Merchandise trade balance
-1 763
-1 888
-2 427
(e) -1 900
Export structure by product group in 2016
(as % of total exports)
5 %5 %63 %63 %32 %32 %
Top 5 partners in 2016
(exports, millions of US$)
1037568272510375682725
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
2 511
2 494
2 737
(e) 2 822
Services imports
1 286
1 181
1 271
(e) 1 640
Services trade balance
1 224
1 312
1 466
(e) 1 182
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
2.2
4.7
4.0
(e) 3.2
Travel
82.5
86.1
86.9
(e) 87.9
Other services
15.3
9.2
9.1
(e) 9.0
TRADE INDICES
More data on UNCTADstat
505054546868777774746464646475759191949489897979787876768383787810010083838383797979798787878783838282919192929494979710010010010093939797100100505468777464647591948979787683781008383797987878382919294971001009397100
ECONOMIC TRENDS
More data on UNCTADstat
0 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
7 706
7 910
8 854
8 823
GDP per capita, current US$
23 406
21 921
22 817
22 466
Real GDP growth, y-on-y, %
3.40
1.54
-1.66
0.00
Current account balance, % of GDP
-9.09
-10.29
-15.32
..
Exchange rate (/US$)
1.000
1.000
1.000
1.000
GDP by expenditure in 2015
(as % of total GDP)
65.416.027.238.647.265.416.027.238.647.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+4.1 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
1 054.31
1 147.60
408.40
521.85
FDI outflows
142.81
149.85
158.13
358.59
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
5225224084081 5991 5991 1331 1331 0731 0731 5331 5331 1481 1488738731 5121 5121 6231 6231 4921 4921 0541 0548048047137133543545875876096095224081 5991 1331 0731 5331 1488731 5121 6231 4921 054804713354587609FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
-7.84
-7.29
-10.84
(e) -11.41
Balance, % of imports
-16.48
-15.28
-22.73
(e) -21.37
Normalized balance
-0.090
-0.083
-0.128
(e) -0.120
Trade openness ²
(sum of imports and exports as % of GDP)
95851009910296888798959487
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
52%Male 52%Female
48%Female 48%
OTHER INDICATORS
More data on UNCTADstat
4.415 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
48 037 000 000
64 109 098 000
74 012 950 000
79 694 035 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
15.70
25.71
27.69
27.67
Container port throughput (TEU)
..
1 125 000
(e) 1 399 300
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
..
0.16
1.40
..
Share of ICT goods, % of total imports
3.18
2.83
3.55
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017