Bahamas economy growth rate from 2000 to today. GDP growth (annual %). World Bank and OECD national accounts data.
The Bahamas experienced a GDP growth rate of 2.64% in 2023, a decrease from the previous year’s 10.78%. The slowdown is attributed to global economic challenges and fluctuations in the tourism sector. However, the government’s initiatives in infrastructure development and financial services aim to stabilize and strengthen the economy.