Bahamas recorded a government debt equivalent to 66.80 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Bahamas averaged 42.12 percent from 1991 until 2019, reaching an all time high of 73.70 percent in 2014 and a record low of 23.20 percent in 1991. This page provides - Bahamas Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Bahamas is expected to reach 75.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Government Debt to GDP is projected to trend around 70.00 percent in 2021 and 65.00 percent in 2022, according to our econometric models.

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Bahamas Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
66.80 66.40 73.70 23.20 1991 - 2019 percent 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 Debt to GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.