bs Bahamas, The 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$9.96 billion

↓ 23.49% vs 2019
GDP per Capita

$25,155.67

↓ 23.72% vs 2019
GDP Growth (Annual %)

-21.42%

↓ 20.07pp vs 2019
Inflation Rate (CPI %)

0.04%

↓ 2.45pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $13.02 billion $9.96 billion -23.49%
GDP per Capita $32,979.54 $25,155.67 -23.72%
GDP Growth (Annual %) -1.36% -21.42% -20.07pp
Inflation (CPI %) 2.49% 0.04% -2.45pp
Unemployment Rate (%) 9.34% 12.03% +2.69pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$9.96 billion
GDP per Capita
$25,155.67
GDP Growth (Annual %)
-21.42%
Gross National Income
$9.43 billion
Prices & Employment
Inflation (CPI %)
0.04%
Inflation (GDP Deflator %)
-2.63%
Unemployment Rate (%)
12.03%
Interest Rate (Real %)
7.07%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-22.94%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

Browse Other Years

Frequently Asked Questions

As of 2020, Bahamas, The's Gross Domestic Product (GDP) is $9.96 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Bahamas, The for 2020 is $25,155.67. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Bahamas, The for 2020 is 0.04%. This measures the annual percentage change in the cost of consumer goods and services.

Bahamas, The's annual GDP growth rate for 2020 is -21.42%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Bahamas, The for 2020 is 12.03%. This represents the percentage of the labor force that is unemployed and actively seeking employment.