Bahamas

The Bahamas ranks 32nd in the world on GDP per capita, at US$41,728, but falls 25 places to 57th on a PPP basis because local prices are high. Total output is far smaller: the economy held 140th place in 2025, between Tajikistan and West Bank and Gaza.

US$ GDP rose 8.8% to US$17.2 billion, with real growth of +3.8%. As of 2024, services made up 77.2% of output, industry 9.6% and agriculture 0.5%, with manufacturing at 0.6%. Inflation stood at 1.1%, but unemployment was 9.2%, and government gross debt is 71.7% of GDP.

With 403,033 people, the economy is about the size of the Champaign, IL metro area. Its ranking has slid over the long run: the Bahamas stood 101st in 2000, with GDP of US$8.1 billion, and has grown 2.1 times in dollar terms since. The IMF projects GDP of US$21.3 billion by 2030, a +24% rise that would lift it to 138th.