Taxes on exports in Bahamas
Bahamas: Taxes on exports was 9.0% in 2024. ◆ Volatile
Taxes on exports in Bahamas, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2024, taxes on exports in Bahamas stood at 9.0%.
That represents a change of down 12.1% on the previous year and up 933.9% over ten years.
Over the whole period, taxes on exports in Bahamas peaked at 10.2% in 2023 and was at its lowest, 0.5%, in 2017.
That places Bahamas 7th out of 76 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on exports in Bahamas, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1990 | 1.4% | — |
| 1991 | 1.8% | +24.8% |
| 2000 | 1.5% | -15.2% |
| 2001 | 1.6% | +7.6% |
| 2002 | 1.6% | +0.3% |
| 2003 | 1.4% | -12.6% |
| 2004 | 1.5% | +8.0% |
| 2005 | 1.6% | +1.6% |
| 2006 | 1.2% | -25.8% |
| 2007 | 1.2% | -0.0% |
| 2008 | 1.2% | -1.3% |
| 2009 | 1.1% | -1.3% |
| 2010 | 1.4% | +27.0% |
| 2011 | 1.1% | -24.0% |
| 2012 | 1.3% | +18.2% |
| 2013 | 1.3% | -1.1% |
| 2014 | 0.9% | -31.9% |
| 2015 | 0.6% | -27.4% |
| 2016 | 0.8% | +21.1% |
| 2017 | 0.5% | -33.4% |
| 2018 | 1.0% | +94.9% |
| 2019 | 0.6% | -40.3% |
| 2020 | 2.9% | +381.3% |
| 2021 | 5.9% | +108.1% |
| 2022 | 8.2% | +38.2% |
| 2023 | 10.2% | +24.6% |
| 2024 | 9.0% | -12.1% |
Bahamas compared with similar countries
- Bahamas's 9.0% is above the median for high income countries, which is 0.0%, 335.5× the median. (17 countries reporting)
- Bahamas's 9.0% is above the median for Latin America & Caribbean, which is 0.1%, 98.5× the median. (14 countries reporting)
Biggest year-on-year movements
Years where Taxes on exports 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 |
|---|---|---|---|
| 2020 | +381.3% | 0.6% | 2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 1.4% | 1.8% | 2 |
| 2000s | 1.4% | 1.1% | 1.6% | 10 |
| 2010s | 0.9% | 0.5% | 1.4% | 10 |
| 2020s | 7.3% | 2.9% | 10.2% | 5 |
Countries ranked near Bahamas
More public sector data for Bahamas
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- Universal right to vote, annual growth rate 0 % change on previous year (2025)
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- Chief executive of the government is elected 1 (2025)
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Frequently asked questions
- What is taxes on exports in Bahamas?
- Taxes on exports in Bahamas was 9.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Bahamas?
- The highest recorded value was 10.2% in 2023.
- What is the lowest taxes on exports recorded in Bahamas?
- The lowest recorded value was 0.5% in 2017.
- How does Bahamas rank for taxes on exports?
- Bahamas ranks 7th out of 76 countries with data for 2024.
- Is taxes on exports rising or falling in Bahamas?
- Over the last ten years it is up 933.9%. 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 Taxes on exports (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.