The Bahamas - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in The Bahamas was 26,070 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 32,260 in 2019 and 1,550 in 1962.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 1,550
1963 1,650
1964 1,760
1965 1,900
1966 2,040
1967 2,230
1968 2,450
1969 2,760
1970 2,920
1971 3,110
1972 3,190
1973 3,740
1974 3,840
1975 4,640
1976 3,120
1977 3,360
1978 3,720
1979 5,200
1980 6,050
1981 5,790
1982 6,360
1983 6,640
1984 7,700
1985 8,510
1986 9,400
1987 10,800
1988 11,710
1989 12,440
1990 11,870
1991 11,330
1992 11,550
1993 11,310
1994 11,600
1995 14,260
1996 15,930
1997 15,180
1998 16,810
1999 24,150
2000 26,360
2001 26,560
2002 27,190
2003 27,770
2004 29,270
2005 30,570
2006 30,760
2007 31,090
2008 30,960
2009 29,010
2010 28,370
2011 28,030
2012 28,550
2013 27,490
2014 28,110
2015 28,670
2016 29,020
2017 30,090
2018 31,150
2019 32,260
2020 26,070

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in The Bahamas was 23,840 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 32,202 in 2019 and a minimum value of 1,393 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,393
1961 1,484
1962 1,576
1963 1,678
1964 1,793
1965 1,928
1966 2,087
1967 2,298
1968 2,520
1969 2,890
1970 3,014
1971 3,120
1972 3,144
1973 3,497
1974 3,577
1975 4,340
1976 2,937
1977 3,193
1978 3,497
1979 4,885
1980 5,702
1981 5,920
1982 6,570
1983 7,083
1984 8,160
1985 9,123
1986 9,576
1987 10,403
1988 10,713
1989 11,641
1990 11,682
1991 11,234
1992 11,376
1993 10,933
1994 11,316
1995 13,856
1996 15,569
1997 21,505
1998 22,835
1999 25,699
2000 26,628
2001 26,829
2002 28,268
2003 27,841
2004 27,953
2005 29,719
2006 30,055
2007 30,786
2008 30,455
2009 28,151
2010 27,859
2011 27,483
2012 28,717
2013 27,773
2014 28,888
2015 30,454
2016 30,262
2017 30,948
2018 31,125
2019 32,202
2020 23,840

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in The Bahamas was 25,727 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between 37,614 in 1996 and 25,727 in 2020.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 33,562
1990 32,075
1991 30,131
1992 29,233
1993 28,397
1994 28,769
1995 34,183
1996 37,614
1997 32,420
1998 30,485
1999 34,253
2000 35,166
2001 35,318
2002 35,742
2003 34,829
2004 34,590
2005 34,982
2006 35,112
2007 34,914
2008 34,094
2009 31,846
2010 31,658
2011 31,513
2012 31,870
2013 30,351
2014 30,390
2015 30,454
2016 30,014
2017 30,258
2018 30,057
2019 30,562
2020 25,727

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in The Bahamas was -15.82 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 18.82 in 1995 and a minimum value of -15.82 in 2020.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 -4.43
1991 -6.06
1992 -2.98
1993 -2.86
1994 1.31
1995 18.82
1996 10.04
1997 -13.81
1998 -5.97
1999 12.36
2000 2.66
2001 0.43
2002 1.20
2003 -2.55
2004 -0.69
2005 1.13
2006 0.37
2007 -0.57
2008 -2.35
2009 -6.59
2010 -0.59
2011 -0.46
2012 1.13
2013 -4.76
2014 0.13
2015 0.21
2016 -1.44
2017 0.81
2018 -0.67
2019 1.68
2020 -15.82

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in The Bahamas was 23,182 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 33,893 in 1996 and a minimum value of 23,182 in 2020.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1989 30,243
1990 28,902
1991 27,151
1992 26,342
1993 25,588
1994 25,924
1995 30,802
1996 33,893
1997 29,213
1998 27,470
1999 30,865
2000 31,688
2001 31,825
2002 32,206
2003 31,384
2004 31,169
2005 31,522
2006 31,639
2007 31,460
2008 30,722
2009 28,696
2010 28,527
2011 28,396
2012 28,718
2013 27,349
2014 27,384
2015 27,442
2016 27,045
2017 27,265
2018 27,084
2019 27,539
2020 23,182

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in The Bahamas was 30,790 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 36,180 in 2019 and 19,850 in 1993.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 20,830
1991 20,220
1992 19,860
1993 19,850
1994 20,540
1995 23,700
1996 26,020
1997 24,300
1998 23,050
1999 26,250
2000 27,550
2001 28,270
2002 29,110
2003 28,860
2004 29,410
2005 30,690
2006 31,710
2007 32,400
2008 32,190
2009 30,300
2010 30,460
2011 30,940
2012 31,380
2013 30,750
2014 31,950
2015 32,530
2016 32,750
2017 34,330
2018 34,980
2019 36,180
2020 30,790

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in The Bahamas was 29,191 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 42,679 in 1996 and 29,191 in 2020.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 36,394
1991 34,189
1992 33,170
1993 32,221
1994 32,643
1995 38,786
1996 42,679
1997 36,786
1998 34,590
1999 38,866
2000 39,901
2001 40,074
2002 40,555
2003 39,519
2004 39,248
2005 39,693
2006 39,840
2007 39,615
2008 38,685
2009 36,134
2010 35,921
2011 35,756
2012 36,161
2013 34,438
2014 34,482
2015 34,555
2016 34,056
2017 34,333
2018 34,104
2019 34,677
2020 29,191

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts