Tax revenue (current LCU), annual growth rate in Bahamas
Bahamas: Tax revenue (current LCU), annual growth rate was 10.61 % change on previous year in 2024. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Bahamas, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, tax revenue (current lcu), annual growth rate in Bahamas stood at 10.61 % change on previous year.
Compared with earlier readings it is down 27.4% on the previous year and up 441.7% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Bahamas peaked at 33.91 % change on previous year in 2022 and was at its lowest, -15.48 % change on previous year, in 2020.
Bahamas ranks 75th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -3.33 % change on previous year | — |
| 1992 | 13.08 % change on previous year | -493.2% |
| 1993 | -0.792 % change on previous year | -106.1% |
| 1994 | 14.45 % change on previous year | -1925.0% |
| 1995 | 9.18 % change on previous year | -36.5% |
| 1996 | 3.45 % change on previous year | -62.4% |
| 1997 | 6.98 % change on previous year | +102.6% |
| 1998 | 3.52 % change on previous year | -49.6% |
| 1999 | 16.41 % change on previous year | +366.0% |
| 2000 | 8.72 % change on previous year | -46.8% |
| 2001 | -4.91 % change on previous year | -156.3% |
| 2002 | -2.55 % change on previous year | -48.2% |
| 2003 | 3.09 % change on previous year | -221.3% |
| 2004 | 3.62 % change on previous year | +17.4% |
| 2005 | 15.23 % change on previous year | +320.2% |
| 2006 | 16.25 % change on previous year | +6.7% |
| 2007 | 5.46 % change on previous year | -66.4% |
| 2008 | 5.79 % change on previous year | +5.9% |
| 2009 | -11.97 % change on previous year | -306.9% |
| 2010 | -3.26 % change on previous year | -72.7% |
| 2011 | 20.59 % change on previous year | -731.2% |
| 2012 | -1.5 % change on previous year | -107.3% |
| 2013 | -4.46 % change on previous year | +198.1% |
| 2014 | 1.96 % change on previous year | -143.9% |
| 2015 | 19.59 % change on previous year | +900.2% |
| 2016 | 11.69 % change on previous year | -40.3% |
| 2017 | 9.63 % change on previous year | -17.6% |
| 2018 | -0.2879 % change on previous year | -103.0% |
| 2019 | 19.78 % change on previous year | -6969.4% |
| 2020 | -15.48 % change on previous year | -178.3% |
| 2021 | -13.27 % change on previous year | -14.3% |
| 2022 | 33.91 % change on previous year | -355.6% |
| 2023 | 14.61 % change on previous year | -56.9% |
| 2024 | 10.61 % change on previous year | -27.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.99 % change on previous year | -3.33 % change on previous year | 16.41 % change on previous year | 9 |
| 2000s | 3.87 % change on previous year | -11.97 % change on previous year | 16.25 % change on previous year | 10 |
| 2010s | 7.37 % change on previous year | -4.46 % change on previous year | 20.59 % change on previous year | 10 |
| 2020s | 6.08 % change on previous year | -15.48 % change on previous year | 33.91 % change on previous year | 5 |
Countries ranked near Bahamas
- 72 Philippines 10.83 % change on previous year compare
- 73 Burundi 10.81 % change on previous year compare
- 74 Tonga 10.71 % change on previous year compare
- 76 Cyprus 10.15 % change on previous year compare
- 77 Estonia 10.12 % change on previous year compare
- 78 Singapore 10.08 % change on previous year compare
More public sector data for Bahamas
- 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)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,199 SIPRI trend indicator values per square kilometre (2017)
- Tax revenue 17.3% (2024)
- Capital stock, General government, Current prices, Domestic currency 2.72 (2019)
- Capital stock, General government, Constant prices, Percent of GDP 24.77 (2019)
- Capital stock, General government, Constant prices, Purchasing power 3.16 (2019)
- Taxes on goods and services 58.7% (2024)
Frequently asked questions
- What is tax revenue (current lcu), annual growth rate in Bahamas?
- Tax revenue (current lcu), annual growth rate in Bahamas was 10.61 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 33.91 % change on previous year in 2022.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -15.48 % change on previous year in 2020.
- How does Bahamas rank for tax revenue (current lcu), annual growth rate?
- Bahamas ranks 75th out of 156 countries with data for 2024.
- Is tax revenue (current lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is up 441.7%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.