Taxes on goods and services (current LCU), annual growth rate in Bahamas
Bahamas: Taxes on goods and services (current LCU), annual growth rate was 10.53 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Bahamas, 1993–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bahamas recorded 10.53 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
That represents a change of up 11.6% on the previous year and down 7.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Bahamas peaked at 153.78 % change on previous year in 2000 and was at its lowest, -59.25 % change on previous year, in 2008.
Bahamas ranks 70th 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.
Taxes on goods and services (current LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | -41.41 % change on previous year | — |
| 1994 | 103.33 % change on previous year | -349.6% |
| 1995 | 89.51 % change on previous year | -13.4% |
| 1996 | -37.89 % change on previous year | -142.3% |
| 1997 | 13.96 % change on previous year | -136.8% |
| 1998 | 23.02 % change on previous year | +64.9% |
| 1999 | -6.75 % change on previous year | -129.3% |
| 2000 | 153.78 % change on previous year | -2377.7% |
| 2001 | -21.07 % change on previous year | -113.7% |
| 2002 | 8.62 % change on previous year | -140.9% |
| 2003 | -15.47 % change on previous year | -279.6% |
| 2004 | 35.72 % change on previous year | -330.9% |
| 2005 | 53.92 % change on previous year | +50.9% |
| 2006 | 85.55 % change on previous year | +58.7% |
| 2007 | 16.2 % change on previous year | -81.1% |
| 2008 | -59.25 % change on previous year | -465.6% |
| 2009 | 135.97 % change on previous year | -329.5% |
| 2010 | 37.98 % change on previous year | -72.1% |
| 2011 | 32.51 % change on previous year | -14.4% |
| 2012 | -2.66 % change on previous year | -108.2% |
| 2013 | -15.16 % change on previous year | +468.9% |
| 2014 | 11.41 % change on previous year | -175.3% |
| 2015 | 43.4 % change on previous year | +280.4% |
| 2016 | 28.05 % change on previous year | -35.4% |
| 2017 | 11.03 % change on previous year | -60.7% |
| 2018 | -0.486 % change on previous year | -104.4% |
| 2019 | 28.11 % change on previous year | -5884.4% |
| 2020 | -17.59 % change on previous year | -162.6% |
| 2021 | -13.38 % change on previous year | -24.0% |
| 2022 | 27.6 % change on previous year | -306.3% |
| 2023 | 9.44 % change on previous year | -65.8% |
| 2024 | 10.53 % change on previous year | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.54 % change on previous year | -41.41 % change on previous year | 103.33 % change on previous year | 7 |
| 2000s | 39.4 % change on previous year | -59.25 % change on previous year | 153.78 % change on previous year | 10 |
| 2010s | 17.42 % change on previous year | -15.16 % change on previous year | 43.4 % change on previous year | 10 |
| 2020s | 3.32 % change on previous year | -17.59 % change on previous year | 27.6 % change on previous year | 5 |
Countries ranked near Bahamas
- 67 Bulgaria 11.16 % change on previous year compare
- 68 Albania 10.97 % change on previous year compare
- 69 United Arab Emirates 10.95 % change on previous year compare
- 71 Andorra 10.44 % change on previous year compare
- 72 Tonga 10.42 % change on previous year compare
- 73 Burkina Faso 10.41 % 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 taxes on goods and services (current lcu), annual growth rate in Bahamas?
- Taxes on goods and services (current lcu), annual growth rate in Bahamas was 10.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 153.78 % change on previous year in 2000.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -59.25 % change on previous year in 2008.
- How does Bahamas rank for taxes on goods and services (current lcu), annual growth rate?
- Bahamas ranks 70th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is down 7.7%. 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 Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services 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 Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.