Bahamas recorded a Government Budget deficit equal to 1.70 percent of the country's Gross Domestic Product in 2019.

Government Budget in Bahamas averaged -2.27 percent of GDP from 1990 until 2019, reaching an all time high of 0.33 percent of GDP in 1995 and a record low of -6.60 percent of GDP in 2013. This page provides - Bahamas Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Government Budget - values, historical data and charts - was last updated on July of 2020.

Government Budget in Bahamas is expected to reach -6.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Government Budget is projected to trend around -5.50 percent of GDP in 2021 and -4.50 percent of GDP in 2022, according to our econometric models.

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Bahamas Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.70 -3.40 0.33 -6.60 1990 - 2019 percent of GDP Yearly

Bahamas Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.80 66.40 73.70 23.20 percent [+]
Government Budget -1.70 -3.40 0.33 -6.60 percent of GDP [+]
Credit Rating 50.00 [+]


Bahamas Government Budget
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.