Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.00 1 1 1 1 1
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 2.50 2.6 2.6 2.6 2.6 2.7
Unemployment Rate (%) 10.10 12.75 11 11.35 12.75 13
Inflation Rate (%) 3.70 2.7 2.3 2.1 1.9 2.2
Balance of Trade (BSD Million) -635.10 -622 -635 -640 -635 -630
Current Account (BSD Million) -730.60 -420 -375 -588 -400 -450
Current Account to GDP (%) -16.40 -10 -10 -10 -10 -7
Government Debt to GDP (%) 67.80 76 76 76 76 80
Government Budget (% of GDP) -5.80 -6.6 -6.6 -6.6 -6.6 -6.3
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 2.50 2.6 2.6 2.6 2.6 2.7
GDP (USD Billion) 12.16 13 13 13 13 13.6
GDP per capita (USD) 26538.95 25900 25900 25900 25900 26400
GDP per capita PPP (USD) 27717.85 27500 27500 27500 27500 28000
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 10.10 12.75 11 11.35 12.75 13
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 3.70 2.7 2.3 2.1 1.9 2.2
Consumer Price Index Cpi (Index Points) 106.86 107 107 109 109 111
Money Actual Q1 Q2 Q3 Q4 2020
Deposit Interest Rate (%) 1.24 1.24 1.24 1.24 1.24 1.24
Foreign Exchange Reserves (BSD Million) 1314.10 1920 1940 1960 1960 1980
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (BSD Million) -635.10 -622 -635 -640 -635 -630
Current Account (BSD Million) -730.60 -420 -375 -588 -400 -450
Current Account to GDP (%) -16.40 -10 -10 -10 -10 -7
Imports (BSD Million) 842.40 750 820 765 780 785
Exports (BSD Million ) 207.30 128 185 125 145 155
Tourist Arrivals (Thousand) 516.00 745 790 810 860 880
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 67.80 76 76 76 76 80
Government Budget (% of GDP) -5.80 -6.6 -6.6 -6.6 -6.6 -6.3
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Social Security Rate (%) 9.80 9.8 9.8 9.8 9.8 10.8
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 Q1 Q2 Q3 Q4 2020
Bank Lending Rate (%) 11.05 11.05 11.05 11.05 11.05 11.05


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.