Bahamas - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Bahamas including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bahamas economy.


MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 1.00
1.01 1.01 1.02 1.03 1.06
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 0.60
percent
0.9 1.4 1.2 1.2 1.4
GDP 9.05
USD Billion
9.05 9.12 9.2 9.2 9.2
GDP per capita 20568.30
USD
20767 20767 20766 25000 27000
GDP per capita PPP 21481.70
USD
21635 21684 22800 22800 23900
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 12.70
percent
13 13 13 13 14
Population 0.38
Million
0.37 0.37 0.38 0.38 0.39
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 0.90
percent
0.6 0.6 1.3 3 2.5
Inflation Rate Mom -0.30
percent
0.14 0.13 0.13 0.13 0.13
Consumer Price Index Cpi 103.05
Index Points
102 102 103 103 106
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 4.00
percent
4 4 4 4 4.25
Money Supply M0 284.00
BSD Million
284 284 284 283 282
Deposit Interest Rate 1.24
percent
1.41 1.34 1.27 1.29 1.58
Money Supply M1 2607.00
BSD Million
2589 2586 2583 2580 2562
Money Supply M2 6731.00
BSD Million
6696 6692 6688 6685 6662
Money Supply M3 7012.00
BSD Million
6961 6956 6952 6949 6923
Foreign Exchange Reserves 1435.60
BSD Million
1513 1497 1480 1464 1340
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -571.20
BSD Million
-559 -573 -555 -560 -526
Exports 113.70
BSD Million
131 139 138 141 150
Imports 685.00
BSD Million
671 714 672 698 665
Current Account -404.40
BSD Million
-376 -395 -363 -329 -330
Current Account to GDP -11.40
percent
-12.84 -12.52 -12.2 -11.94 -9.39
Tourist Arrivals 430.20
Thousand
0 0 0 0 0
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 77.90
percent
78 78.4 78.8 78.8 77.3
Government Budget -3.50
percent of GDP
-3.29 -3.3 -3.3 -3.35 -3.79
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 7933.28
KBps
7461 7371 7283 7199 6674
IP Addresses 80351.00
IP
78150 78174 77643 77394 74955
Ease of Doing Business 119.00
121 120 119 118 108
Corruption Index 66.00
Points
66 66 67 67 70
Corruption Rank 24.00
24 24 24 24 23
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Private Sector Credit 5973.55
BSD Million
5945 5928 5911 5895 5774
Bank Lending Rate 11.35
percent
11.46 11.47 11.46 11.45 11.43
HOUSING Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Building Permits 371.00
Units
348 341 361 361 372
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 0.00
percent
0 0 0 0 0
Personal Income Tax Rate 0.00
percent
0 0 0 0 0
Social Security Rate 9.80
percent
10 10 10 10 9
Social Security Rate For Companies 5.90
percent
5.83 5.83 5.83 5.81 5.67
Social Security Rate For Employees 3.90
percent
3.83 3.83 3.83 3.83 3.67
Sales Tax Rate 7.50
percent
8 8 8 8 8