IvanStat

Final consumption expenditure in Bahamas

Consumption expenditure of Bahamas, 1970-2015

During 1970-2015 consumption expenditure of Bahamas in current prices grew by 6.8 billion US dollars (in 17.1 times) to 7.2 billion US dollars; change occurred by 0.54 billion US dollars by increasing of people by 0.22 million, as well as by 6.2 billion US dollars by increasing of consumption expenditure per capita by 16 076.0 US dollars. The average annual growth of consumption expenditure of Bahamas was 0.15 billion US dollars or 6.5%. The average annual growth of consumption expenditure of Bahamas in constant prices was 2.5%. Share in the world dropped by 0.0038%. Share in Americas declined by 0.0052%. Minimal consumption expenditure was in 1970 (0.42 billion US dollars). Maximal consumption expenditure was in 2014 (7.5 billion US dollars).

During 1970-2015 consumption expenditure per capita in Bahamas increased by 16 076.0 US dollars (in 7.5 times) to 18 564.2 US dollars. The average annual growth of consumption expenditure per capita in current prices was 357.2 US dollars or 4.6%.

Change of consumption expenditure of Bahamas described by linear regression model: y=0.18x-349.0, where y - estimated value of consumption expenditure of Bahamas, x - year. Correlation rate = 0.983. Determination rate = 0.966.

Consumption expenditure of Bahamas, 1970

Consumption expenditure of Bahamas in 1970 was equal to 0.42 billion US dollars, ranked 107th in the world and was on par with consumption expenditure of Burkina Faso (0.43 bln. US dollars), consumption expenditure of Haiti (0.42 bln. US dollars), consumption expenditure of Malawi (0.42 bln. US dollars), consumption expenditure of Paraguay (0.42 bln. US dollars), consumption expenditure of Niger (0.41 bln. US dollars), consumption expenditure of Sierra Leone (0.40 bln. US dollars). Share of Bahamas in the world consumption expenditure was 0.017%.

Consumption expenditure per capita in Bahamas in 1970 was worth 2 488.2 US dollars, ranked 11st in the world and was on par with consumption expenditure per capita in Denmark (2 635.6 US dollars), consumption expenditure per capita in Switzerland (2 555.6 US dollars), consumption expenditure per capita in Luxembourg (2 466.0 US dollars), consumption expenditure per capita in Aruba (2 455.2 US dollars), consumption expenditure per capita in Australia (2 372.3 US dollars). Consumption expenditure per capita in Bahamas was greater than consumption expenditure per capita in the World (678.2 US dollars) by 1 810.0 US dollars.

Comparison of consumption expenditure in Bahamas and the neighbors in 1970. Consumption expenditure of Bahamas was greater than consumption expenditure of Turks and Caicos Islands (0.0 billion US dollars), but was less than consumption expenditure of the United States (842.1 billion US dollars), consumption expenditure of Cuba (4.9 billion US dollars). Consumption expenditure per capita in Bahamas was greater than consumption expenditure per capita in Turks and Caicos Islands (1 341.6 US dollars), consumption expenditure per capita in Cuba (563.3 US dollars), but was less than consumption expenditure per capita in the United States (4 019.9 US dollars).

Comparison of consumption expenditure in Bahamas and leaders in 1970. Consumption expenditure of Bahamas was less than consumption expenditure of the United States (842.1 billion US dollars) in 1 998.4 times, consumption expenditure of Germany (154.9 billion US dollars) in 367.7 times, consumption expenditure of Japan (122.7 billion US dollars) in 291.2 times, consumption expenditure of the United Kingdom (108.8 billion US dollars) in 258.2 times, consumption expenditure of China (59.1 billion US dollars) in 140.4 times. Consumption expenditure per capita in Bahamas was greater than consumption expenditure per capita in Germany (1 977.4 US dollars) by 25.8%, consumption expenditure per capita in the United Kingdom (1 956.9 US dollars) by 27.2%, consumption expenditure per capita in Japan (1 183.3 US dollars) in 2.1 times, consumption expenditure per capita in China (73.2 US dollars) in 34.0 times, but was less than consumption expenditure per capita in the United States (4 019.9 US dollars) by 61.6%.

Potential consumption expenditure of Bahamas in 1970. With consumption expenditure per capita at the level of the United States (4 019.9 US dollars), consumption expenditure of Bahamas would be 0.68 billion US dollars, it is by 61.6% more than the actual level.

Consumption expenditure of Bahamas, 2015

Consumption expenditure of Bahamas in 2015 was equal to 7.2 billion US dollars, ranked 143rd in the world and was on par with consumption expenditure of Rwanda (7.5 bln. US dollars), consumption expenditure of Gabon (7.3 bln. US dollars), consumption expenditure of Malta (7.0 bln. US dollars), consumption expenditure of Benin (7.0 bln. US dollars), consumption expenditure of Moldova (7.0 bln. US dollars), consumption expenditure of Kyrgyzstan (6.9 bln. US dollars). Share of Bahamas in the world consumption expenditure was 0.013%.

Consumption expenditure per capita in Bahamas in 2015 was equal to 18 564.2 US dollars, ranked 43rd in the world and was on par with consumption expenditure per capita in Kuwait (19 305.2 US dollars), consumption expenditure per capita in Puerto Rico (19 304.0 US dollars), consumption expenditure per capita in Cyprus (18 694.3 US dollars), consumption expenditure per capita in French Polynesia (17 748.8 US dollars), consumption expenditure per capita in South Korea (17 724.8 US dollars). Consumption expenditure per capita in Bahamas was greater than consumption expenditure per capita in the World (7 474.7 US dollars) by 11 089.5 US dollars.

Comparison of consumption expenditure in Bahamas and the neighbors in 2015. Consumption expenditure of Bahamas was greater than consumption expenditure of Turks and Caicos Islands (0.5 billion US dollars), but was less than consumption expenditure of the United States (14 888.6 billion US dollars), consumption expenditure of Cuba (76.7 billion US dollars). Consumption expenditure per capita in Bahamas was greater than consumption expenditure per capita in Turks and Caicos Islands (15 754.0 US dollars), consumption expenditure per capita in Cuba (6 732.8 US dollars), but was less than consumption expenditure per capita in the United States (46 270.5 US dollars).

Comparison of consumption expenditure in Bahamas and leaders in 2015. Consumption expenditure of Bahamas was less than consumption expenditure of the United States (14 888.6 billion US dollars) in 2 066.9 times, consumption expenditure of China (5 773.1 billion US dollars) in 801.4 times, consumption expenditure of Japan (3 349.3 billion US dollars) in 465.0 times, consumption expenditure of Germany (2 461.8 billion US dollars) in 341.8 times, consumption expenditure of the United Kingdom (2 412.3 billion US dollars) in 334.9 times. Consumption expenditure per capita in Bahamas was greater than consumption expenditure per capita in China (4 195.4 US dollars) in 4.4 times, but was less than consumption expenditure per capita in the United States (46 270.5 US dollars) in 2.5 times, consumption expenditure per capita in the United Kingdom (37 274.6 US dollars) in 2.0 times, consumption expenditure per capita in Germany (30 509.3 US dollars) by 64.3%, consumption expenditure per capita in Japan (26 461.8 US dollars) by 42.5%.

Potential consumption expenditure of Bahamas in 2015. With consumption expenditure per capita at the level of the United States (46 270.5 US dollars), consumption expenditure of Bahamas would be 18.0 billion US dollars, it is in 2.5 times more than the actual level. With consumption expenditure per capita at the level of Americas (20 912.2 US dollars), consumption expenditure of Bahamas would be 8.1 billion US dollars, it is by 12.6% more than the actual level.

Size of consumption expenditure in Bahamas

Final consumption expenditure in Bahamas, bln. US dollars
Prices197019801990200020102015
current prices0.420.912.84.76.67.2
constant prices19700.420.520.911.31.31.3
20051.92.34.15.65.65.6
Picture. Bahamas: consumption expenditure

consumption expenditure in Bahamas and its neighbors, bln. $
Country197019801990200020102015
United States842.12 209.54 773.78 236.612 724.414 888.6
Cuba4.917.124.327.754.776.7
Bahamas0.420.912.84.76.67.2
Turks and Caicos Islands0.00760.0250.0830.150.330.54

consumption expenditure in Bahamas and leaders, bln. $
Country197019801990200020102015
United States842.12 209.54 773.78 236.612 724.414 888.6
China59.1198.0250.9769.12 939.35 773.1
Japan122.7741.32 046.93 483.04 402.93 349.3
Germany154.9757.01 335.31 478.22 568.92 461.8
United Kingdom108.8480.4914.81 358.82 107.32 412.3
Bahamas0.420.912.84.76.67.2

Growth of consumption expenditure in Bahamas

Picture. Bahamas: consumption expenditure, growth Picture. Bahamas: consumption expenditure, growth

consumption expenditure per capita in Bahamas

Picture. Bahamas: consumption expenditure per capita Picture. Bahamas: consumption expenditure per capita

consumption expenditure per capita in Bahamas and its neighbors, $
Country197019801990200020102015
United States4 019.99 623.818 879.729 114.941 062.546 270.5
Bahamas2 488.24 335.311 080.615 843.518 254.618 564.2
Turks and Caicos Islands1 341.63 306.47 207.57 780.110 803.315 754.0
Cuba563.31 738.12 298.32 489.34 840.16 732.8

consumption expenditure per capita in Bahamas and leaders, $
Country197019801990200020102015
United States4 019.99 623.818 879.729 114.941 062.546 270.5
United Kingdom1 956.98 544.916 017.923 083.033 601.037 274.6
Germany1 977.49 686.016 911.118 049.831 937.430 509.3
Japan1 183.36 395.516 743.527 705.834 581.226 461.8
Bahamas2 488.24 335.311 080.615 843.518 254.618 564.2
China73.2202.3217.2605.82 192.04 195.4