Markets Actual Q1 Q2 Q3 Q4 2021
Currency 1.00 1 1 1 1 1

Overview Actual Q1 Q2 Q3 Q4 2021
GDP Annual Growth Rate (%) 1.60 -4.5 -4.5 -4.5 -4.5 1
Unemployment Rate (%) 9.50 13 13 13 13 12
Inflation Rate (%) 1.68 2.3 2.6 2.4 2.3 2.2
Interest Rate (%) 4.00 4 3.5 3.5 3.5 3.5
Balance of Trade (BSD Million) -573.10 -550 -570 -580 -630 -615
Current Account (BSD Million) -116.20 -400 -400 -400 -450 -450
Current Account to GDP (%) -15.50 -9 -9 -9 -9 -10
Government Debt to GDP (%) 64.60 75 75 75 75 70
Government Budget (% of GDP) -3.30 -6.5 -6.5 -6.5 -6.5 -5.5
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Corporate Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q1 Q2 Q3 Q4 2021
GDP Annual Growth Rate (%) 1.60 -4.5 -4.5 -4.5 -4.5 1
GDP (USD Billion) 13.00 12.45 12.45 12.45 12.45 12.57
GDP per capita (USD) 32217.87 30143 30143 30143 30143 30034
GDP per capita PPP (USD) 28705.28 26877 26877 26877 26877 26880

Labour Actual Q1 Q2 Q3 Q4 2021
Unemployment Rate (%) 9.50 13 13 13 13 12
Population (Million) 0.38 0.39 0.39 0.39 0.41 0.42

Prices Actual Q1 Q2 Q3 Q4 2021
Inflation Rate (%) 1.68 2.3 2.6 2.4 2.3 2.2
Inflation Rate Mom (%) -0.50 0.1 0.3 0.2 0.2 0.4
Consumer Price Index Cpi (points) 108.30 111 111 111 111 114

Money Actual Q1 Q2 Q3 Q4 2021
Interest Rate (%) 4.00 4 3.5 3.5 3.5 3.5
Deposit Interest Rate (%) 0.85 0.85 0.35 0.35 0.35 0.35
Foreign Exchange Reserves (BSD Million) 1380.03 1960 1960 1960 1980 1980

Trade Actual Q1 Q2 Q3 Q4 2021
Balance of Trade (BSD Million) -573.10 -550 -570 -580 -630 -615
Current Account (BSD Million) -116.20 -400 -400 -400 -450 -450
Current Account to GDP (%) -15.50 -9 -9 -9 -9 -10
Imports (BSD Million) 681.90 710 800 760 785 790
Exports (BSD Million ) 108.80 160 230 180 155 175
Tourist Arrivals (Thousand) 706.27 750 680 550 610 750

Government Actual Q1 Q2 Q3 Q4 2021
Government Debt to GDP (%) 64.60 75 75 75 75 70
Government Budget (% of GDP) -3.30 -6.5 -6.5 -6.5 -6.5 -5.5

Taxes Actual Q1 Q2 Q3 Q4 2021
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 Q1 Q2 Q3 Q4 2021
Bank Lending Rate (%) 10.43 10.43 9.93 9.93 9.93 9.93


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.