Bahamas recorded a Current Account deficit of 17.60 percent of the country's Gross Domestic Product in 2020. source: World Bank

Current Account to GDP in Bahamas averaged -4.58 percent from 1980 until 2020, reaching an all time high of 5.60 percent in 1993 and a record low of -20.10 percent in 2014. This page provides - Bahamas Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Current Account to GDP - values, historical data and charts - was last updated on July of 2021.

Current Account to GDP in Bahamas is expected to reach -23.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Current Account to GDP is projected to trend around -17.00 percent of GDP in 2022 and -11.00 percent of GDP in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Bahamas Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-17.60 3.90 5.60 -20.10 1980 - 2020 percent of GDP Yearly

Bahamas Trade Last Previous Highest Lowest Unit
Balance of Trade -572.30 -508.70 -251.40 -782.00 BSD Million [+]
Current Account -991.20 -805.70 301.10 -991.20 BSD Million [+]
Current Account to GDP -17.60 3.90 5.60 -20.10 percent of GDP [+]
Exports 114.20 102.80 277.80 61.80 BSD Million [+]
Imports 686.60 611.50 996.60 373.30 BSD Million [+]
Tourist Arrivals 23.60 13.20 749.04 0.00 Thousand [+]


Bahamas Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.