Net incurrence of liabilities, total (current LCU) in Bahamas
Bahamas: Net incurrence of liabilities, total (current LCU) was 61.81 million current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Bahamas, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Bahamas recorded 61.81 million current LCU for net incurrence of liabilities, total in 2024.
The figure is down 86.3% on the previous year and down 86.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Bahamas peaked at 1.72 billion current LCU in 2021 and was at its lowest, 14.60 million current LCU, in 1995.
Bahamas ranks 117th of 136 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 96.90 million current LCU | — |
| 1991 | 105.10 million current LCU | +8.5% |
| 1992 | 73.20 million current LCU | -30.4% |
| 1993 | 84.40 million current LCU | +15.3% |
| 1994 | 50.50 million current LCU | -40.2% |
| 1995 | 14.60 million current LCU | -71.1% |
| 1996 | 79.40 million current LCU | +443.8% |
| 1997 | 149.60 million current LCU | +88.4% |
| 1998 | 69.82 million current LCU | -53.3% |
| 1999 | 48.92 million current LCU | -29.9% |
| 2000 | 22.30 million current LCU | -54.4% |
| 2001 | 73.00 million current LCU | +227.4% |
| 2002 | 145.60 million current LCU | +99.5% |
| 2003 | 226.50 million current LCU | +55.6% |
| 2004 | 206.35 million current LCU | -8.9% |
| 2005 | 178.03 million current LCU | -13.7% |
| 2006 | 192.65 million current LCU | +8.2% |
| 2007 | 273.41 million current LCU | +41.9% |
| 2008 | 260.00 million current LCU | -4.9% |
| 2009 | 392.99 million current LCU | +51.2% |
| 2010 | 316.25 million current LCU | -19.5% |
| 2011 | 153.65 million current LCU | -51.4% |
| 2012 | 351.13 million current LCU | +128.5% |
| 2013 | 781.29 million current LCU | +122.5% |
| 2014 | 467.54 million current LCU | -40.2% |
| 2015 | 506.25 million current LCU | +8.3% |
| 2016 | 344.20 million current LCU | -32.0% |
| 2017 | 580.31 million current LCU | +68.6% |
| 2018 | 684.38 million current LCU | +17.9% |
| 2019 | 293.05 million current LCU | -57.2% |
| 2020 | 664.16 million current LCU | +126.6% |
| 2021 | 1.72 billion current LCU | +158.7% |
| 2022 | 857.48 million current LCU | -50.1% |
| 2023 | 451.94 million current LCU | -47.3% |
| 2024 | 61.81 million current LCU | -86.3% |
Bahamas compared with similar countries
- Bahamas's 61.81 million current LCU is below the median for high income countries, which is 9.91 billion current LCU, 1% of the median. (41 countries reporting)
- Bahamas's 61.81 million current LCU is below the median for Latin America & Caribbean, which is 9.26 billion current LCU, 1% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 77.24 million current LCU | 14.60 million current LCU | 149.60 million current LCU | 10 |
| 2000s | 197.08 million current LCU | 22.30 million current LCU | 392.99 million current LCU | 10 |
| 2010s | 447.80 million current LCU | 153.65 million current LCU | 781.29 million current LCU | 10 |
| 2020s | 750.69 million current LCU | 61.81 million current LCU | 1.72 billion current LCU | 5 |
Countries ranked near Bahamas
- 114 San Marino 69.31 million current LCU compare
- 115 Saint Vincent and the Grenadines 65.99 million current LCU compare
- 116 Belize 63.64 million current LCU compare
- 118 Palau 52.56 million current LCU compare
- 119 Bulgaria 27.09 million current LCU compare
- 120 Micronesia (country) 5.59 million current LCU compare
More public sector data for Bahamas
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 12.00 million SIPRI trend indicator values (2017)
- Arms imports (SIPRI trend indicator values), per capita 30.73 SIPRI trend indicator values per person (2017)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2017)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2017)
Frequently asked questions
- What is net incurrence of liabilities, total in Bahamas?
- Net incurrence of liabilities, total in Bahamas was 61.81 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Bahamas?
- The highest recorded value was 1.72 billion current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Bahamas?
- The lowest recorded value was 14.60 million current LCU in 1995.
- How does Bahamas rank for net incurrence of liabilities, total?
- Bahamas ranks 117th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Bahamas?
- Over the last ten years it is down 86.8%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.