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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 1.00
1 1 1 1 1
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 2.50
percent
1.4 1.2 1.2 0.97 1.4
GDP 9.05
USD Billion
9 9.05 9.1 9 8.9
GDP per capita 20568.30
USD
20480 25000 25000 25900 27000
GDP per capita PPP 21481.70
USD
21389 21455 22800 23100 23900
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 10.10
percent
13 13 13 12 14
Population 0.38
Million
0.38 0.38 0.38 0.38 0.39
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 1.80
percent
0.6 1.9 3 1.9 2.5
Inflation Rate Mom -0.20
percent
0.15 0.14 0.14 0.14 0.14
Consumer Price Index Cpi 103.94
Index Points
104 105 107 106 114
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.00
percent
4 4 4 4 4.25
Money Supply M0 293.00
BSD Million
278 290 280 290 288
Deposit Interest Rate 1.24
percent
1.41 1.33 1.26 1.27 1.41
Money Supply M1 2654.00
BSD Million
2617 2621 2613 2618 2617
Money Supply M2 6763.00
BSD Million
6789 6789 6787 6784 6750
Money Supply M3 7037.00
BSD Million
7028 7052 7027 7046 7038
Foreign Exchange Reserves 1514.60
BSD Million
1484 1460 1435 1411 1188
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -596.60
BSD Million
-561 -529 -534 -525 -500
Exports 124.50
BSD Million
130 131 134 135 149
Imports 721.10
BSD Million
691 660 678 660 649
Current Account -472.60
BSD Million
-410 -404 -403 -386 -345
Current Account to GDP -11.40
percent
-14.6 -12.84 -14.9 -9.39 -14.42
Tourist Arrivals 535.10
Thousand
500 500 500 500 500
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 67.80
percent
80.2 78 81.3 77.3 92.1
Government Budget -5.80
percent of GDP
-3.63 -3.67 -3.71 -3.86 -4.58
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 7933.28
KBps
7461 7371 7283 7199 6420
IP Addresses 80351.00
IP
78174 77643 77394 77081 73867
Ease of Doing Business 119.00
121 120 119 118 98
Corruption Index 65.00
Points
64 64 63 63 58
Corruption Rank 28.00
26 26 26 27 26
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Private Sector Credit 5948.18
BSD Million
6101 6057 6081 6092 6082
Bank Lending Rate 11.39
percent
11.47 11.46 11.45 11.45 11.43
HOUSING Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Building Permits 284.00
Units
322 315 347 341 364
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 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
9.8 9.8 9.8 10 10
Social Security Rate For Companies 5.90
percent
5.9 5.9 5.9 5.9 5.9
Social Security Rate For Employees 3.90
percent
3.9 3.9 3.9 3.9 3.9
Sales Tax Rate 7.50
percent
7.5 7.5 7.5 8 8
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 28.66
celsius
25.84 28.13 24.34 22.43 25.74