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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 1.00
1 1 1 1 1
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 2.50
percent
2.4 2.6 2.6 2.6 2.7
GDP 12.16
USD Billion
12.27 13 13 13 13.6
GDP per capita 26538.95
USD
25000 25900 25900 25900 26400
GDP per capita PPP 27717.85
USD
27000 27500 27500 27500 28000
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 10.10
percent
12 12.75 11 11.35 13
Population 0.38
Million
0.38 0.38 0.38 0.38 0.39
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 3.40
percent
2.2 2.2 2.3 3.5 2.4
Inflation Rate Mom 0.00
percent
0.09 0.11 0.11 0.11 0.11
Consumer Price Index Cpi 106.93
Index Points
106 106 107 111 111
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 4.00
percent
4 4 4 4 4
Money Supply M0 312.00
BSD Million
307 307 307 307 307
Deposit Interest Rate 1.24
percent
1.24 1.24 1.24 1.24 1.24
Money Supply M1 2774.00
BSD Million
2791 2792 2792 2792 2792
Money Supply M2 6847.00
BSD Million
6912 6948 6984 7020 7334
Money Supply M3 7159.00
BSD Million
7237 7277 7318 7358 7715
Foreign Exchange Reserves 1521.60
BSD Million
1840 1920 1940 1960 1980
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -635.10
BSD Million
-625 -622 -635 -640 -630
Exports 207.30
BSD Million
135 128 185 125 155
Imports 842.40
BSD Million
760 750 820 765 785
Current Account -730.60
BSD Million
-450 -420 -375 -588 -450
Current Account to GDP -16.40
percent
-12 -10 -10 -10 -7
Tourist Arrivals 707.50
Thousand
840 745 790 810 880
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 67.80
percent
72 76 76 76 80
Government Budget -5.80
percent of GDP
-6.4 -6.6 -6.6 -6.6 -6.3
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 7933.28
KBps
8105 8128 8149 8167 8266
IP Addresses 80351.00
IP
86022 87006 87984 88970 97812
Ease of Doing Business 118.00
126 123 123 123 125
Corruption Index 65.00
Points
65 65 65 65 65
Corruption Rank 28.00
28 28 28 28 28
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Private Sector Credit 5906.30
BSD Million
5903 5903 5903 5903 5903
Bank Lending Rate 12.47
percent
12.47 12.47 12.47 12.47 12.47
HOUSING Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Building Permits 391.00
Units
364 393 397 390 425
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 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 9.8 10.8
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 7.5 7.5
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 28.66
celsius
24.34 22.43 26.31 25.93 25.74



Bahamas - Economic Forecasts - 2018-2020 Outlook