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National Accounts

Find GDP reports and national accounts frameworks for The Bahamas.

The Bahamian Economy at a Glance

Real GVA Production 2024 Major Contributors

Most recent update: September 2025

Source: National Accounts Annual Report 2024, BNSI

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Real GVA Production 2024 Major Contributors data: Values in Percentages (%)
Series Other Industries Real Estate Activities, Owner Occupied and Actual Rents Wholesale and Retail Trade, Motor Vehicle Repairs Accommodation and Food Services Public Administration and Defence, Social Security Arts, Other Services, Household Employment, Extraterritorial Organizations Financial and Insurance Activities Construction
Share (%) 27 17 13 10 9 8 8 8
Sector Share (%)
Other Industries 27%
Real Estate Activities, Owner Occupied and Actual Rents 17%
Wholesale and Retail Trade, Motor Vehicle Repairs 13%
Accommodation and Food Services 10%
Public Administration and Defence, Social Security 9%
Arts, Other Services, Household Employment, Extraterritorial Organizations 8%
Financial and Insurance Activities 8%
Construction 8%
Top Four by Industrial Classification (Rev. 4) Real GVA 2023 vs 2024

Most recent update: September 2025

Source: National Accounts Annual Report 2024, BNSI

Chart data is available in the data table following this visualization.

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Top Four by Industrial Classification (Rev. 4) Real GVA 2023 vs 2024 data: (B$ Millions)
Series Wholesale and retail trade, Motor Vehicle repairs Construction Information and Communication Electricity and gas, Water supply and sewerage
2023 1404 770 451 346
2024 1611 916 548 410
Gross Domestic Product by Economic Activity, 2012–2024 at Nominal (Current) Prices

Most recent update: September 2025

Source: National Accounts Annual Report 2024, BNSI

Industry Classification (Revision 4) ISIC Code 2012 2013 R 2014 R 2015 R 2016 R 2017 R 2018 R 2019 R 2020 R 2021 R 2022 R 2023 R 2024 R
Agriculture, forestry and fishing A 115.0 97.2 93.4 96.5 104.2 95.9 86.8 71.0 80.4 54.7 57.6 69.4 81.5
Mining and quarrying B 94.3 129.7 182.0 116.1 49.4 45.0 95.4 91.1 67.9 68.2 80.4 128.6 123.4
Manufacturing C 455.8 400.0 425.2 372.3 388.9 328.4 279.5 287.4 220.9 117.9 99.7 77.0 36.9
Electricity and gas, Water supply and sewerage D & E 160.3 149.9 202.3 354.8 584.2 362.1 323.8 249.3 250.8 291.6 326.3 346.2 410.0
Construction F 990.0 912.9 947.6 726.1 834.9 972.8 873.2 973.4 660.7 792.1 708.9 769.9 916.3
Wholesale and retail trade, Motor Vehicle repairs G 1,246.6 1,205.3 1,352.8 1,303.0 1,478.6 1,345.2 1,361.6 1,437.4 1,334.2 1,400.7 1,535.2 1,404.4 1,610.5
Transport and Storage H 471.3 545.6 593.1 605.6 570.9 542.6 529.3 555.5 270.5 530.3 637.9 690.8 720.2
Accommodation and Food Services I 936.9 922.1 824.8 1,080.8 923.7 988.3 1,225.2 1,351.2 284.5 746.9 1,474.6 2,034.2 1,969.3
Information and Communication J 342.2 396.2 483.9 478.0 455.9 443.4 449.7 388.3 394.6 412.3 447.6 438.0 520.2
Financial and Insurance activities K 1,000.7 932.8 964.3 1,025.2 1,014.9 1,090.9 1,095.1 1,056.6 1,017.5 1,125.5 1,215.2 1,251.2
Real Estate activities, Owner Occupied and Actual Rents L 1,704.9 1,680.4 1,720.6 1,742.8 1,802.1 1,878.0 1,900.2 1,787.8 1,917.2 1,976.1 2,187.7 2,176.9 2,098.3
Professional, scientific and technical services M 318.6 340.2 369.0 405.5 412.2 444.3 432.7 531.0 441.7 511.1 573.0 500.3 523.8
Administrative and support services N 210.9 227.0 282.7 293.5 269.6 311.4 293.5 353.2 230.7 248.4 326.1 381.7 413.2
Public administration and defense, Social security O 549.5 609.5 668.1 700.9 718.7 765.7 774.4 809.2 836.7 837.2 896.4 944.4 985.6
Education P 317.5 316.6 311.4 308.3 326.2 326.3 318.3 329.8 324.6 333.5 337.8 355.2 345.6
Human health and social work Q 319.7 245.6 259.6 286.1 308.7 311.1 325.7 302.0 324.0 346.0 342.9 309.3 320.9
Arts, Other Services, Household Employment, Extraterritorial Org. R,S&T 733.3 768.6 793.3 858.6 827.4 893.2 926.5 974.9 589.9 826.3 1,053.6 1,278.9 1,263.0
Total GDP at Basic Prices 9,760.6 9,732.4 10,294.3 10,512.4 10,758.5 11,034.9 11,291.1 11,669.7 9,260.5 10,771.0 12,538.9 13,559.3 13,826.2
Taxes less subsidies on products 959.9 683.5 709.3 1,130.7 1,192.6 1,298.7 1,357.6 1,661.6 986.5 1,449.3 1,711.0 1,949.4 1,952.5
Sub Total 10,720.4 10,415.9 11,003.6 11,643.0 11,951.1 12,333.6 12,648.7 13,331.3 10,247.0 12,220.3 14,249.9 15,508.7 15,778.7
Statistical Discrepancy 0.0 59.4 135.4 194.6 -70.2 113.3 170.5 -54.4 116.2 -183.3 -353.1 -237.5 54.0
GDP by economic activity at purchaser prices 10,720.4 10,475.3 11,139.1 11,837.6 11,880.9 12,446.9 12,819.2 13,277.0 10,363.2 12,037.0 13,896.8 15,271.3 15,832.8
Current (Nominal) Growth Rate 0.0% -2.3% 6.3% 6.3% 0.4% 4.8% 3.0% 3.6% -21.9% 16.2% 15.5% 9.9% 3.7%