General profile: Bahamas

GENERAL INFORMATION FOR 2017
Population
Population
Exchange rates
Exchange rate
GDP
GDP
0.395 Millions
1.000 BSD/US$
11 639 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(m) 10 010 km²
1.52 %
1.30 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+25.8 %
Merchandise exports growth rate in 2017
Total merchandise trade
(millions of US$)
2005
2010
2015
2017
Merchandise exports
549
702
521
(e) 605
Merchandise imports
2 312
2 591
2 954
(e) 2 890
Merchandise trade balance
-1 763
-1 888
-2 434
(e) -2 285
Export structure by product group in 2017
(as % of total exports)
4 %4 %60 %60 %32 %32 %5 %5 %
Top 5 partners in 2017
(exports, millions of US$)
215147393019215147393019
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2017
Services exports
2 511
2 494
2 896
(e) 2 864
Services imports
1 286
1 181
1 278
(e) 2 039
Services trade balance
1 224
1 312
1 618
(e) 825
Services exports by main category ²
(as % of total services)
2005
2010
2015
2017
Transport
2.2
4.7
3.7
(e) 3.3
Travel
82.5
86.1
87.6
(e) 90.8
Other services
15.3
9.2
8.6
(e) 5.9
TRADE INDICES
More data on UNCTADstat
454549496767757573736363636374749090939389897878767675758282787810010080808181787878788686868683838282919191919393959598989898939396961001004549677573636374909389787675827810080817878868683829191939598989396100
ECONOMIC TRENDS
More data on UNCTADstat
+1.3 %
Gross domestic product growth rate in 2017
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
GDP, current
9 836
10 096
11 240
11 639
GDP per capita, current US$
29 875
27 979
29 056
29 438
Real GDP growth, y-on-y, %
3.40
1.54
-3.07
1.30
Current account balance, % of GDP
-9.09
-10.29
-13.59
..
Exchange rate (/US$)
1.000
1.000
1.000
1.000
GDP by expenditure in 2016
(as % of total GDP)
67.312.725.735.141.667.312.725.735.141.6
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.1 %
FDI outflows as % of GDP in 2017
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
FDI inflows
1 054.31
1 097.19
408.40
927.73
FDI outflows
142.81
149.85
169.91
132.26
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
9289289439434084083 2443 2441 1331 1331 0341 0341 4091 4091 0971 0976466461 5121 5121 6231 6231 4921 4921 0541 0548048047137133543545875876096099289434083 2441 1331 0341 4091 0976461 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
2017
Balance, % of GDP
-6.14
-5.71
-7.26
(e) -13.96
Balance, % of imports
-16.48
-15.28
-19.28
(e) -32.24
Normalized balance
-0.090
-0.083
-0.107
(e) -0.192
Trade openness ²
(sum of imports and exports as % of GDP)
73686880798075696877757468
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2017
(as % of total labour force, all sectors)
Male
52%Male 52%Female
48%Female 48%
OTHER INDICATORS
More data on UNCTADstat
4.294 %
Share of the total world merchant fleet in 2017
Maritime transport indicators
 
2005
2010
2015
2017
Merchant fleet, national flag (thousands of DWT)
48 037
64 109
74 013
79 970
Liner shipping connectivity index (maximum 2004 = 100 for China)
15.70
25.71
27.69
30.44
Container port throughput (TEU)
..
1 125 000
1 400 000
1 200 000
Information economy indicators
(as % of)
2005
2010
2015
2017
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.
m
Estimated. Data refers to 2013.
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: 14 August 2018