Tax revenue (current LCU), per unit of GDP in Bahamas
Bahamas: Tax revenue (current LCU), per unit of GDP was 0.1728 current LCU per US$ of GDP in 2024. ▲ Rising
Tax revenue (current LCU), per unit of GDP in Bahamas, 1990–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for tax revenue (current lcu), per unit of gdp in Bahamas is 0.1728 current LCU per US$ of GDP, measured in 2024.
The figure is up 6.7% on the previous year and up 53.1% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Bahamas peaked at 0.1793 current LCU per US$ of GDP in 2020 and was at its lowest, 0.09 current LCU per US$ of GDP, in 2002.
That places Bahamas 140th out of 157 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Tax revenue (current LCU), per unit of GDP in Bahamas, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.1386 current LCU per US$ of GDP | — |
| 1991 | 0.1364 current LCU per US$ of GDP | -1.6% |
| 1992 | 0.1543 current LCU per US$ of GDP | +13.2% |
| 1993 | 0.1539 current LCU per US$ of GDP | -0.2% |
| 1994 | 0.1672 current LCU per US$ of GDP | +8.6% |
| 1995 | 0.1735 current LCU per US$ of GDP | +3.8% |
| 1996 | 0.1705 current LCU per US$ of GDP | -1.7% |
| 1997 | 0.104 current LCU per US$ of GDP | -39.0% |
| 1998 | 0.0997 current LCU per US$ of GDP | -4.1% |
| 1999 | 0.1032 current LCU per US$ of GDP | +3.5% |
| 2000 | 0.1068 current LCU per US$ of GDP | +3.4% |
| 2001 | 0.0986 current LCU per US$ of GDP | -7.7% |
| 2002 | 0.09 current LCU per US$ of GDP | -8.7% |
| 2003 | 0.0929 current LCU per US$ of GDP | +3.2% |
| 2004 | 0.0943 current LCU per US$ of GDP | +1.5% |
| 2005 | 0.1 current LCU per US$ of GDP | +6.1% |
| 2006 | 0.1125 current LCU per US$ of GDP | +12.5% |
| 2007 | 0.1136 current LCU per US$ of GDP | +1.0% |
| 2008 | 0.1212 current LCU per US$ of GDP | +6.7% |
| 2009 | 0.1125 current LCU per US$ of GDP | -7.2% |
| 2010 | 0.1076 current LCU per US$ of GDP | -4.4% |
| 2011 | 0.1301 current LCU per US$ of GDP | +20.9% |
| 2012 | 0.1204 current LCU per US$ of GDP | -7.5% |
| 2013 | 0.1177 current LCU per US$ of GDP | -2.2% |
| 2014 | 0.1129 current LCU per US$ of GDP | -4.1% |
| 2015 | 0.127 current LCU per US$ of GDP | +12.5% |
| 2016 | 0.1413 current LCU per US$ of GDP | +11.3% |
| 2017 | 0.1479 current LCU per US$ of GDP | +4.6% |
| 2018 | 0.1432 current LCU per US$ of GDP | -3.2% |
| 2019 | 0.1656 current LCU per US$ of GDP | +15.6% |
| 2020 | 0.1793 current LCU per US$ of GDP | +8.3% |
| 2021 | 0.1339 current LCU per US$ of GDP | -25.3% |
| 2022 | 0.1553 current LCU per US$ of GDP | +16.0% |
| 2023 | 0.162 current LCU per US$ of GDP | +4.3% |
| 2024 | 0.1728 current LCU per US$ of GDP | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1401 current LCU per US$ of GDP | 0.0997 current LCU per US$ of GDP | 0.1735 current LCU per US$ of GDP | 10 |
| 2000s | 0.1042 current LCU per US$ of GDP | 0.09 current LCU per US$ of GDP | 0.1212 current LCU per US$ of GDP | 10 |
| 2010s | 0.1314 current LCU per US$ of GDP | 0.1076 current LCU per US$ of GDP | 0.1656 current LCU per US$ of GDP | 10 |
| 2020s | 0.1607 current LCU per US$ of GDP | 0.1339 current LCU per US$ of GDP | 0.1793 current LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 137 Singapore 0.1812 current LCU per US$ of GDP compare
- 138 Palau 0.1808 current LCU per US$ of GDP compare
- 139 Slovakia 0.1769 current LCU per US$ of GDP compare
- 141 Marshall Islands 0.1716 current LCU per US$ of GDP compare
- 142 Ireland 0.1658 current LCU per US$ of GDP compare
- 143 Latvia 0.163 current LCU per US$ of GDP 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), per unit of gdp in Bahamas?
- Tax revenue (current lcu), per unit of gdp in Bahamas was 0.1728 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.1793 current LCU per US$ of GDP in 2020.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.09 current LCU per US$ of GDP in 2002.
- How does Bahamas rank for tax revenue (current lcu), per unit of gdp?
- Bahamas ranks 140th out of 157 countries with data for 2024.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is up 53.1%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.