Other taxes (% of revenue) in Bahamas
Bahamas: Other taxes (% of revenue) was 6.9% in 2024. ◆ Volatile
Other taxes in Bahamas, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, other taxes in Bahamas stood at 6.9%.
That represents a change of up 15.6% on the previous year and down 8.8% over ten years.
Over the whole period, other taxes in Bahamas peaked at 34.9% in 2008 and was at its lowest, 4.6%, in 2006.
Bahamas ranks 7th of 148 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Other taxes (% of revenue) in Bahamas, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 8.2% | — |
| 1991 | 10.6% | +28.9% |
| 1992 | 27.9% | +163.6% |
| 1993 | 27.7% | -0.6% |
| 1994 | 25.9% | -6.5% |
| 1995 | 24.9% | -3.7% |
| 1996 | 27.9% | +12.0% |
| 1997 | 26.7% | -4.5% |
| 1998 | 27.1% | +1.7% |
| 1999 | 29.6% | +9.0% |
| 2000 | 23.8% | -19.5% |
| 2001 | 21.6% | -9.1% |
| 2002 | 21.5% | -0.8% |
| 2003 | 23.1% | +7.9% |
| 2004 | 26.8% | +15.7% |
| 2005 | 17.8% | -33.7% |
| 2006 | 4.6% | -74.1% |
| 2007 | 16.4% | +255.8% |
| 2008 | 34.9% | +112.7% |
| 2009 | 6.4% | -81.6% |
| 2010 | 7.3% | +13.0% |
| 2011 | 6.6% | -8.7% |
| 2012 | 6.4% | -3.8% |
| 2013 | 8.4% | +31.7% |
| 2014 | 7.5% | -10.6% |
| 2015 | 6.5% | -13.6% |
| 2016 | 5.7% | -12.4% |
| 2017 | 6.2% | +8.6% |
| 2018 | 6.3% | +1.5% |
| 2019 | 4.9% | -21.4% |
| 2020 | 5.1% | +3.0% |
| 2021 | 7.7% | +51.0% |
| 2022 | 6.1% | -20.7% |
| 2023 | 5.9% | -2.3% |
| 2024 | 6.9% | +15.6% |
Bahamas compared with similar countries
- Bahamas's 6.9% is above the median for high income countries, which is 1.7%, 4.0× the median. (53 countries reporting)
- Bahamas's 6.9% is above the median for Latin America & Caribbean, which is 1.7%, 4.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Other taxes (% of revenue) in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +255.8% | 4.6% | 16.4% |
| 1992 | +163.6% | 10.6% | 27.9% |
| 2008 | +112.7% | 16.4% | 34.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.7% | 8.2% | 29.6% | 10 |
| 2000s | 19.7% | 4.6% | 34.9% | 10 |
| 2010s | 6.6% | 4.9% | 8.4% | 10 |
| 2020s | 6.3% | 5.1% | 7.7% | 5 |
Countries ranked near Bahamas
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 other taxes in Bahamas?
- Other taxes in Bahamas was 6.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Bahamas?
- The highest recorded value was 34.9% in 2008.
- What is the lowest other taxes recorded in Bahamas?
- The lowest recorded value was 4.6% in 2006.
- How does Bahamas rank for other taxes?
- Bahamas ranks 7th out of 148 countries with data for 2024.
- Is other taxes rising or falling in Bahamas?
- Over the last ten years it is down 8.8%. 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 Other taxes (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.