Services, Debit/Expenditure in Bahamas

Bahamas: Services, Debit/Expenditure was 2.47 billion in 2024. ▲ Rising

Latest (2024)
2.47 billion
Change on year
up 12.5%
World rank
113th
of 198 countries
All-time high
2.47 billion
in 2024
All-time low
1.18 billion
in 2010
Years of data
20
2005–2024

Services, Debit/Expenditure in Bahamas, 2005–2024

0500.0M1.0B1.5B2.0B2.5B2005201420242005: 1.3B2006: 1.6B2007: 1.6B2008: 1.4B2009: 1.2B2010: 1.2B2011: 1.3B2012: 1.5B2013: 1.6B2014: 1.7B2015: 1.3B2016: 1.8B2017: 1.8B2018: 1.8B2019: 1.8B2020: 1.4B2021: 1.7B2022: 2.0B2023: 2.2B2024: 2.5B

Source: International Monetary Fund.

Analysis

The most recent figure for services, debit/expenditure in Bahamas is 2.47 billion, measured in 2024. That is the highest value across all 20 years on record.

The figure is up 12.5% on the previous year and up 43.1% over ten years.

Over the whole period, services, debit/expenditure in Bahamas peaked at 2.47 billion in 2024 and was at its lowest, 1.18 billion, in 2010.

That places Bahamas 113th out of 198 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Services, Debit/Expenditure in Bahamas, year by year

Annual values for Services, Debit/Expenditure (US dollar) in Bahamas, 2005 to 2024.
Year Value Change
2005 1.29 billion —
2006 1.61 billion +25.2%
2007 1.58 billion -1.9%
2008 1.40 billion -11.2%
2009 1.20 billion -14.7%
2010 1.18 billion -1.3%
2011 1.29 billion +9.4%
2012 1.54 billion +19.0%
2013 1.63 billion +5.9%
2014 1.73 billion +6.1%
2015 1.28 billion -26.0%
2016 1.84 billion +43.6%
2017 1.81 billion -1.3%
2018 1.80 billion -0.7%
2019 1.83 billion +1.7%
2020 1.39 billion -24.2%
2021 1.68 billion +21.4%
2022 1.96 billion +16.7%
2023 2.20 billion +11.9%
2024 2.47 billion +12.5%

Bahamas compared with similar countries

  • Bahamas's 2.47 billion is below the median for high income countries, which is 18.44 billion, 13% of the median. (72 countries reporting)
  • Bahamas's 2.47 billion is below the median for Latin America & Caribbean, which is 2.54 billion, 97% of the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.42 billion 1.20 billion 1.61 billion 5
2010s 1.59 billion 1.18 billion 1.84 billion 10
2020s 1.94 billion 1.39 billion 2.47 billion 5

Countries ranked near Bahamas

  1. 110 Trinidad and Tobago 2.71 billion compare
  2. 111 Cameroon 2.55 billion compare
  3. 112 Paraguay 2.54 billion compare
  4. 114 Namibia 2.47 billion compare
  5. 115 Papua New Guinea 2.40 billion compare
  6. 116 Bolivia 2.35 billion compare

See the full ranking of 207 places →

More trade data for Bahamas

All data for Bahamas →

Frequently asked questions

What is services, debit/expenditure in Bahamas?
Services, debit/expenditure in Bahamas was 2.47 billion in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Bahamas?
The highest recorded value was 2.47 billion in 2024.
What is the lowest services, debit/expenditure recorded in Bahamas?
The lowest recorded value was 1.18 billion in 2010.
How does Bahamas rank for services, debit/expenditure?
Bahamas ranks 113th out of 198 countries with data for 2024.
Is services, debit/expenditure rising or falling in Bahamas?
Over the last ten years it is up 43.1%. The long-run trend across the full record is rising.
Where does this Bahamas data come from?
The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Bahamas. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/bahamas-the/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.