Bahamas, The 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$14.34 billion
↑ 9.15% vs 2022GDP per Capita
$35,896.51
↑ 8.63% vs 2022GDP Growth (Annual %)
2.64%
↓ 8.14pp vs 2022Inflation Rate (CPI %)
3.05%
↓ 2.55pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $13.14 billion | $14.34 billion | +9.15% |
| GDP per Capita | $33,044.39 | $35,896.51 | +8.63% |
| GDP Growth (Annual %) | 10.78% | 2.64% | -8.14pp |
| Inflation (CPI %) | 5.61% | 3.05% | -2.55pp |
| Unemployment Rate (%) | 9.27% | 8.64% | -0.63pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $14.34 billion
- GDP per Capita
- $35,896.51
- GDP Growth (Annual %)
- 2.64%
- Gross National Income
- $13.74 billion
Prices & Employment
- Inflation (CPI %)
- 3.05%
- Inflation (GDP Deflator %)
- 6.34%
- Unemployment Rate (%)
- 8.64%
- Interest Rate (Real %)
- -1.97%
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)
- -7.49%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Bahamas, The's Gross Domestic Product (GDP) is $14.34 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Bahamas, The for 2023 is $35,896.51. 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 2023 is 3.05%. This measures the annual percentage change in the cost of consumer goods and services.
Bahamas, The's annual GDP growth rate for 2023 is 2.64%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Bahamas, The for 2023 is 8.64%. This represents the percentage of the labor force that is unemployed and actively seeking employment.