Bahamas recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2023. Government Budget in Bahamas averaged -2.88 percent of GDP from 1990 until 2023, reaching an all time high of 0.33 percent of GDP in 1995 and a record low of -13.10 percent of GDP in 2021. source: Central Bank of The Bahamas

Government Budget in Bahamas is expected to reach -3.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Government Budget is projected to trend around -4.50 percent of GDP in 2025 and -2.80 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 37.00 Jan 2025
Government Budget -3.80 -5.80 percent of GDP Dec 2023
Government Debt to GDP 81.50 88.60 percent of GDP Dec 2023
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Bahamas Government Budget
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -5.80 0.33 -13.10 1990 - 2023 percent of GDP Yearly