Bahamas Balance of Payments: Current Account
BOP: Current Account: Personal Remittances: Received
BOP: Current Account: Personal Remittances: Received data was reported at 62.673 USD mn in 2023. This records an increase from the previous number of 57.888 USD mn for 2022. BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 0.000 USD mn from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 62.673 USD mn in 2023 and a record low of 0.000 USD mn in 2019. BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 62.673 2023 | yearly | 2005 - 2023 |
View Bahamas's BOP: Current Account: Personal Remittances: Received from 2005 to 2023 in the chart:
BOP: Current Account: Personal Remittances: Received as % of GDP
BOP: Current Account: Personal Remittances: Received as % of GDP data was reported at 0.437 % in 2023. This records a decrease from the previous number of 0.441 % for 2022. BOP: Current Account: Personal Remittances: Received as % of GDP data is updated yearly, averaging 0.000 % from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 0.510 % in 2020 and a record low of 0.000 % in 2019. BOP: Current Account: Personal Remittances: Received as % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 0.290 2023 | yearly | 2005 - 2023 |
View Bahamas's BOP: Current Account: Personal Remittances: Received as % of GDP from 2005 to 2023 in the chart:
BS: BOP: Current Account: Balance: % of GDP
BS: BOP: Current Account: Balance: % of GDP data was reported at -7.494 % in 2023. This records an increase from the previous number of -9.383 % for 2022. BS: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging -6.587 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 10.606 % in 1976 and a record low of -22.941 % in 2020. BS: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -7.494 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Balance: % of GDP from 1976 to 2023 in the chart:
BS: BOP: Current Account: Charges for the Use of Intellectual Property: Payments
BS: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data was reported at 11.697 USD mn in 2023. This records a decrease from the previous number of 14.814 USD mn for 2022. BS: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data is updated yearly, averaging 9.350 USD mn from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 22.876 USD mn in 2016 and a record low of 1.000 USD mn in 1976. BS: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 14.814 2022 | yearly | 1976 - 2022 |
View Bahamas's BS: BOP: Current Account: Charges for the Use of Intellectual Property: Payments from 1976 to 2022 in the chart:
BS: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts
BS: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data was reported at 0.000 USD mn in 2019. This stayed constant from the previous number of 0.000 USD mn for 2016. BS: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data is updated yearly, averaging 0.000 USD mn from Dec 1976 (Median) to 2019, with 20 observations. The data reached an all-time high of 0.000 USD mn in 2019 and a record low of 0.000 USD mn in 2019. BS: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.000 2019 | yearly | 1976 - 2019 |
View Bahamas's BS: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts from 1976 to 2019 in the chart:
BS: BOP: Current Account: Exports: Goods and Services
BS: BOP: Current Account: Exports: Goods and Services data was reported at 6.771 USD bn in 2024. This records an increase from the previous number of 6.011 USD bn for 2023. BS: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 2.438 USD bn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 6.771 USD bn in 2024 and a record low of 667.500 USD mn in 1976. BS: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 6,770.778 2024 | yearly | 1976 - 2024 |
View Bahamas's BS: BOP: Current Account: Exports: Goods and Services from 1976 to 2024 in the chart:
BS: BOP: Current Account: Exports: Goods, Services and Primary Income
BS: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 6.872 USD bn in 2024. This records an increase from the previous number of 6.101 USD bn for 2023. BS: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 2.755 USD bn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 6.872 USD bn in 2024 and a record low of 672.000 USD mn in 1976. BS: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 6,095.240 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Exports: Goods, Services and Primary Income from 1976 to 2023 in the chart:
BS: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
BS: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 5.824 % in 2023. This records a decrease from the previous number of 6.152 % for 2022. BS: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 9.305 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 19.540 % in 2020 and a record low of 5.706 % in 2017. BS: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 5.824 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 1976 to 2023 in the chart:
BS: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
BS: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 0.000 % in 2018. This stayed constant from the previous number of 0.000 % for 2017. BS: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 0.000 % from Dec 1976 (Median) to 2018, with 35 observations. The data reached an all-time high of 0.000 % in 2018 and a record low of 0.000 % in 2018. BS: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.000 2018 | yearly | 1976 - 2018 |
View Bahamas's BS: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 1976 to 2018 in the chart:
BS: BOP: Current Account: Exports: Service: Transport: % of Service Exports
BS: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 1.736 % in 2023. This records a decrease from the previous number of 2.289 % for 2022. BS: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 3.244 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 5.275 % in 2011 and a record low of 1.736 % in 2023. BS: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1.736 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Exports: Service: Transport: % of Service Exports from 1976 to 2023 in the chart:
BS: BOP: Current Account: Exports: Service: Travel: % of Service Exports
BS: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 92.440 % in 2023. This records an increase from the previous number of 91.559 % for 2022. BS: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 86.764 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 92.440 % in 2023 and a record low of 76.954 % in 2020. BS: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 92.440 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Exports: Service: Travel: % of Service Exports from 1976 to 2023 in the chart:
BS: BOP: Current Account: Imports: Goods and Services
BS: BOP: Current Account: Imports: Goods and Services data was reported at 7.069 USD bn in 2024. This records an increase from the previous number of 6.273 USD bn for 2023. BS: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 3.009 USD bn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 7.069 USD bn in 2024 and a record low of 526.800 USD mn in 1976. BS: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 6,272.824 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Imports: Goods and Services from 1976 to 2023 in the chart:
BS: BOP: Current Account: Imports: Goods, Services and Primary Income
BS: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 7.990 USD bn in 2024. This records an increase from the previous number of 7.222 USD bn for 2023. BS: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 3.466 USD bn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 7.990 USD bn in 2024 and a record low of 606.900 USD mn in 1976. BS: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 7,222.079 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Imports: Goods, Services and Primary Income from 1976 to 2023 in the chart:
BS: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
BS: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 54.651 % in 2023. This records a decrease from the previous number of 55.422 % for 2022. BS: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 43.190 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 65.360 % in 2020 and a record low of 34.023 % in 1989. BS: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 53.127 2021 | yearly | 1976 - 2021 |
View Bahamas's BS: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 1976 to 2021 in the chart:
BS: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
BS: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 12.277 % in 2023. This records a decrease from the previous number of 13.767 % for 2022. BS: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 7.514 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 16.432 % in 2021 and a record low of 1.056 % in 1977. BS: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 12.277 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 1976 to 2023 in the chart:
BS: BOP: Current Account: Imports: Service: Transport: % of Service Imports
BS: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 23.358 % in 2023. This records an increase from the previous number of 22.170 % for 2022. BS: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 24.368 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 30.948 % in 1979 and a record low of 15.610 % in 2020. BS: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 23.358 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Imports: Service: Transport: % of Service Imports from 1976 to 2023 in the chart:
BS: BOP: Current Account: Imports: Service: Travel: % of Service Imports
BS: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 9.714 % in 2023. This records an increase from the previous number of 8.641 % for 2022. BS: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 25.966 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 36.460 % in 1991 and a record low of 7.958 % in 2020. BS: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 9.714 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Imports: Service: Travel: % of Service Imports from 1976 to 2023 in the chart:
BS: BOP: Current Account: Net Trade: Goods and Services
BS: BOP: Current Account: Net Trade: Goods and Services data was reported at -297.870 USD mn in 2024. This records a decrease from the previous number of -262.193 USD mn for 2023. BS: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging -570.760 USD mn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 324.221 USD mn in 2019 and a record low of -1.722 USD bn in 2020. BS: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| -297.870 2024 | yearly | 1976 - 2024 |
View Bahamas's BS: BOP: Current Account: Net Trade: Goods and Services from 1976 to 2024 in the chart:
BS: BOP: Current Account: Personal Remittances: Paid
BS: BOP: Current Account: Personal Remittances: Paid data was reported at 320.921 USD mn in 2024. This records an increase from the previous number of 295.654 USD mn for 2023. BS: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 56.170 USD mn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 320.921 USD mn in 2024 and a record low of 26.500 USD mn in 1976. BS: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;IMF balance of payments data, International Monetary Fund (IMF); Staff estimates, World Bank (WB);Sum;
| Last | Frequency | Range |
|---|---|---|
| 295.654 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Personal Remittances: Paid from 1976 to 2023 in the chart:
BS: BOP: Current Account: Secondary Income: Net
BS: BOP: Current Account: Secondary Income: Net data was reported at 65.425 USD mn in 2024. This records an increase from the previous number of 52.257 USD mn for 2023. BS: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging 78.017 USD mn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 315.085 USD mn in 2016 and a record low of -122.583 USD mn in 2020. BS: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 65.425 2024 | yearly | 1976 - 2024 |
View Bahamas's BS: BOP: Current Account: Secondary Income: Net from 1976 to 2024 in the chart:
BS: BOP: Current Account: Secondary Income: Other Sectors: Payments
BS: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 287.451 USD mn in 2024. This records an increase from the previous number of 259.499 USD mn for 2023. BS: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 5.170 USD mn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 287.451 USD mn in 2024 and a record low of 2.300 USD mn in 1989. BS: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Sum;
| Last | Frequency | Range |
|---|---|---|
| 259.499 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Secondary Income: Other Sectors: Payments from 1976 to 2023 in the chart:
BS: BOP: Current Account: Secondary Income: Receipts
BS: BOP: Current Account: Secondary Income: Receipts data was reported at 321.017 USD mn in 2023. This records an increase from the previous number of 282.034 USD mn for 2022. BS: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 57.584 USD mn from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 582.266 USD mn in 2016 and a record low of 7.200 USD mn in 1977. BS: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 321.017 2023 | yearly | 1976 - 2023 |
View Bahamas's BS: BOP: Current Account: Secondary Income: Receipts from 1976 to 2023 in the chart:
BS: BOP: Current Account: Trade in Services: % of GDP
BS: BOP: Current Account: Trade in Services: % of GDP data was reported at 51.203 % in 2023. This records an increase from the previous number of 50.047 % for 2022. BS: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 47.618 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 102.104 % in 1977 and a record low of 26.550 % in 2020. BS: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 51.203 2023 | yearly | 1976 - 2023 |