The Bahamas economy is in the midst of a solid expansion. A strong recovery of tourism has helped regain the ground that was lost after hurricane Dorian and the Covid crisis.

The Bahamas economy is in the midst of a solid expansion. A strong recovery of tourism has helped regain the ground that was lost after hurricane Dorian and the Covid crisis. Unemployment is at its lowest level since 2008 while inflation has been on a downward path and is lower than in most regional peers. Public finances are improving, although debt remains high. The more favorable economic environment provides space for the authorities to reorient their policy framework toward the pursuit of greater fiscal sustainability, social equity, and climate resilience.

Annual GDP: 13,000 million USD

Annual Tourists: approx 1,810,000

Total Population: appprox 0.393248 million

Total Working Population: approx 200,000

Population Density: 39 persons per square kilometre

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