Bahamas | Economic Forecasts | 2017-2020 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 1.00 0.98 0.97 0.96 0.95 0.84 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 0.60 0.4 0.9 1.4 1.2 1.4 percent [+]
GDP 9.05 9.2 9.2 9.2 9.2 9.2 USD Billion [+]
GDP per capita 20568.30 21500 20891 21016 21142 27000 USD [+]
GDP per capita PPP 21481.70 22500 21858 21984 22109 23900 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 12.70 15.9 13 13 13 14 percent [+]
Population 0.38 0.38 0.38 0.38 0.38 0.39 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 0.60 1.2 0.6 0.6 1.1 2.5 percent [+]
Inflation Rate Mom 0.60 0.14 0.13 0.13 0.13 0.13 percent [+]
Consumer Price Index Cpi 103.27 103 102 102 104 106 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 4.00 4 4 4 4 4.25 percent [+]
Money Supply M0 294.00 292 292 292 292 290 BSD Million [+]
Deposit Interest Rate 1.24 1.27 1.29 1.31 1.33 1.58 percent [+]
Money Supply M1 2659.00 2700 2699 2696 2693 2667 BSD Million [+]
Money Supply M2 6820.00 6972 6986 6989 6988 6955 BSD Million [+]
Money Supply M3 7143.00 7258 7263 7262 7259 7226 BSD Million [+]
Foreign Exchange Reserves 1064.90 1079 1065 1050 1036 920 BSD Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -585.80 -573 -570 -563 -560 -526 BSD Million [+]
Exports 181.40 177 175 174 174 170 BSD Million [+]
Imports 767.20 760 744 742 731 690 BSD Million [+]
Current Account -400.80 -310 -365 -361 -359 -325 BSD Million [+]
Current Account to GDP -11.40 -12.2 -11.94 -11.67 -11.41 -9.39 percent [+]
Tourist Arrivals 477.00 500 500 500 500 500 Thousand [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 77.90 78.8 78.8 78.8 78.8 77.3 percent [+]
Government Budget -3.50 -3.3 -3.35 -3.41 -3.47 -3.79 percent of GDP [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Internet Speed 7933.28 7649 7553 7461 7371 6674 KBps [+]
IP Addresses 80351.00 78715 78150 78174 77643 74955 IP [+]
Ease of Doing Business 119.00 123 121 120 119 108 [+]
Corruption Index 66.00 67 68 68 69 70 Points [+]
Corruption Rank 24.00 24 24 23 23 23 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Private Sector Credit 6017.06 5984 5966 5949 5932 5790 BSD Million [+]
Bank Lending Rate 10.96 11.55 11.47 11.47 11.46 11.43 percent [+]
HOUSING Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Building Permits 371.00 319 362 348 341 372 Units [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 0.00 0 0 0 0 0 percent [+]
Personal Income Tax Rate 0.00 0 0 0 0 0 percent [+]
Social Security Rate 9.80 9.66 9.63 9.6 9.57 9.35 percent [+]
Social Security Rate For Companies 5.90 5.83 5.81 5.8 5.78 5.67 percent [+]
Social Security Rate For Employees 3.90 3.83 3.81 3.8 3.78 3.67 percent [+]
Sales Tax Rate 7.50 8 8 8 8 8 percent [+]