Taxes on international trade (current LCU) in Bahamas
Bahamas: Taxes on international trade (current LCU) was 725.21 million current LCU in 2024. ▲ Rising
Taxes on international trade in Bahamas, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Bahamas is 725.21 million current LCU, measured in 2024.
The figure is up 7.4% on the previous year and up 40.0% over ten years.
Over the whole period, taxes on international trade in Bahamas peaked at 750.07 million current LCU in 2006 and was at its lowest, 299.08 million current LCU, in 2021.
That places Bahamas 104th out of 155 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Taxes on international trade (current LCU) in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 322.20 million current LCU | — |
| 1991 | 305.30 million current LCU | -5.2% |
| 1992 | 310.30 million current LCU | +1.6% |
| 1993 | 317.50 million current LCU | +2.3% |
| 1994 | 364.90 million current LCU | +14.9% |
| 1995 | 375.80 million current LCU | +3.0% |
| 1996 | 393.60 million current LCU | +4.7% |
| 1997 | 426.56 million current LCU | +8.4% |
| 1998 | 435.32 million current LCU | +2.1% |
| 1999 | 492.57 million current LCU | +13.2% |
| 2000 | 525.80 million current LCU | +6.7% |
| 2001 | 528.30 million current LCU | +0.5% |
| 2002 | 506.70 million current LCU | -4.1% |
| 2003 | 529.00 million current LCU | +4.4% |
| 2004 | 483.64 million current LCU | -8.6% |
| 2005 | 607.15 million current LCU | +25.5% |
| 2006 | 750.07 million current LCU | +23.5% |
| 2007 | 598.20 million current LCU | -20.2% |
| 2008 | 618.80 million current LCU | +3.4% |
| 2009 | 664.83 million current LCU | +7.4% |
| 2010 | 476.92 million current LCU | -28.3% |
| 2011 | 530.66 million current LCU | +11.3% |
| 2012 | 528.58 million current LCU | -0.4% |
| 2013 | 552.60 million current LCU | +4.5% |
| 2014 | 518.07 million current LCU | -6.2% |
| 2015 | 489.44 million current LCU | -5.5% |
| 2016 | 411.60 million current LCU | -15.9% |
| 2017 | 431.22 million current LCU | +4.8% |
| 2018 | 432.03 million current LCU | +0.2% |
| 2019 | 444.92 million current LCU | +3.0% |
| 2020 | 405.67 million current LCU | -8.8% |
| 2021 | 299.08 million current LCU | -26.3% |
| 2022 | 511.67 million current LCU | +71.1% |
| 2023 | 675.42 million current LCU | +32.0% |
| 2024 | 725.21 million current LCU | +7.4% |
Bahamas compared with similar countries
- Bahamas's 725.21 million current LCU is above the median for high income countries, which is 85.11 million current LCU, 8.5× the median. (55 countries reporting)
- Bahamas's 725.21 million current LCU is below the median for Latin America & Caribbean, which is 3.44 billion current LCU, 21% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on international trade (current LCU) 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 |
|---|---|---|---|
| 2022 | +71.1% | 299.08 million current LCU | 511.67 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 374.40 million current LCU | 305.30 million current LCU | 492.57 million current LCU | 10 |
| 2000s | 581.25 million current LCU | 483.64 million current LCU | 750.07 million current LCU | 10 |
| 2010s | 481.60 million current LCU | 411.60 million current LCU | 552.60 million current LCU | 10 |
| 2020s | 523.41 million current LCU | 299.08 million current LCU | 725.21 million current LCU | 5 |
Countries ranked near Bahamas
- 101 Bolivia 895.63 million current LCU compare
- 102 Papua New Guinea 761.78 million current LCU compare
- 103 Switzerland 738.16 million current LCU compare
- 105 Ireland 681.85 million current LCU
- 106 Solomon Islands 671.62 million current LCU compare
- 107 El Salvador 507.60 million current LCU compare
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 taxes on international trade in Bahamas?
- Taxes on international trade in Bahamas was 725.21 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Bahamas?
- The highest recorded value was 750.07 million current LCU in 2006.
- What is the lowest taxes on international trade recorded in Bahamas?
- The lowest recorded value was 299.08 million current LCU in 2021.
- How does Bahamas rank for taxes on international trade?
- Bahamas ranks 104th out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Bahamas?
- Over the last ten years it is up 40.0%. The long-run trend across the full record is rising.
- 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 international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.