Markets Actual Q3 Q4 Q1 Q2 2023
Currency 1.00 1 1 1 1 1

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 2.00 8.3 8.3 8.3 8.3 8.3
Unemployment Rate (%) 25.60 11 11 11 11 9.8
Inflation Rate (%) 4.10 3.8 3.4 3 3 2
Interest Rate (%) 4.00 4.5 4.5 4.5 4 4
Balance of Trade (BSD Million) -662.10 -615 -615 -607 -607 -607
Current Account (BSD Million) -575.10 -250 -310 -310 -310 -310
Current Account to GDP (% of GDP) -20.90 -12 -12 -12 -12 -9.5
Government Debt to GDP (% of GDP) 83.80 70 70 70 70 61
Government Budget (% of GDP) -13.30 -6.5 -6.5 -3.3 -3.3 -3.3
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Corporate Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 2.00 8.3 8.3 8.3 8.3 8.3
GDP (USD Billion) 11.25 12.6 12.8 12.8 12.8 12.8
GDP per capita (USD) 27196.69 26800 26800 26800 26800 28900
GDP per capita PPP (USD) 30764.12 36000 36000 36000 36000 37100

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 25.60 11 11 11 11 9.8
Population (Million) 0.40 0.41 0.41 0.41 0.41 0.41

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 4.10 3.8 3.4 3 3 2
Consumer Price Index CPI (points) 113.20 116 117 117 117 119
Inflation Rate Mom (%) 0.10 0.2 0.2 0.1 0.1 0.1

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 4.00 4.5 4.5 4.5 4 4
Deposit Interest Rate (%) 0.52 1.02 1.02 1.02 1.02 1.02
Foreign Exchange Reserves (BSD Million) 2549.93 1980 1980 1980 1980 1980

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (BSD Million) -662.10 -615 -615 -607 -607 -607
Current Account (BSD Million) -575.10 -250 -310 -310 -310 -310
Current Account to GDP (% of GDP) -20.90 -12 -12 -12 -12 -9.5
Imports (BSD Million) 827.80 790 787 787 787 787
Exports (BSD Million ) 165.70 175 180 180 180 180
Tourist Arrivals (Thousand) 312.20 200 500 500 500 500

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 83.80 70 70 70 70 61
Government Budget (% of GDP) -13.30 -6.5 -6.5 -3.3 -3.3 -3.3

Taxes Actual Q3 Q4 Q1 Q2 2023
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Social Security Rate (%) 9.80 9.8 9.8 9.8 9.8 9.8
Social Security Rate For Companies (%) 5.90 5.9 5.9 5.9 5.9 5.9
Social Security Rate For Employees (%) 3.90 3.9 3.9 3.9 3.9 3.9
Sales Tax Rate (%) 12.00 12 12 12 12 12

Consumer Actual Q3 Q4 Q1 Q2 2023
Bank Lending Rate (%) 9.85 10.35 10.35 10.35 10.35 10.35

Housing Actual Q3 Q4 Q1 Q2 2023
Building Permits (Units) 267.00 380 380 380 380 380


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Bahamas Forecast - was last updated on Friday, July 1, 2022.