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Gross national income (GNI) in Bahamas

GNI of Bahamas, 1970-2015

During 1970-2015 GNI of Bahamas in current prices grew by 7.8 billion US dollars (in 16.4 times) to 8.4 billion US dollars; change occurred by 0.66 billion US dollars by increasing of people by 0.22 million, as well as by 7.2 billion US dollars by increasing of GNI per capita by 18 528.6 US dollars. The average annual growth of GNI of Bahamas was 0.17 billion US dollars or 6.4%. The average annual growth of GNI of Bahamas in constant prices was 2.2%. Share in the world declined by 0.0037%. Share in Americas fell by 0.0049%. Minimal GNI was in 1970 (0.51 billion US dollars). Maximal GNI was in 2015 (8.4 billion US dollars).

During 1970-2015 GNI per capita in Bahamas rose by 18 528.6 US dollars (in 7.2 times) to 21 537.8 US dollars. The average annual growth of GNI per capita in current prices was 411.7 US dollars or 4.5%.

Change of GNI of Bahamas described by linear regression model: y=0.21x-404.4, where y - estimated value of GNI of Bahamas, x - year. Correlation rate = 0.983. Determination rate = 0.966.

GNI of Bahamas, 1970

GNI of Bahamas in 1970 was 0.51 billion US dollars, ranked 108th in the world and was on par with GNI of Iceland (0.53 bln. US dollars), GNI of Namibia (0.52 bln. US dollars), GNI of Qatar (0.51 bln. US dollars), GNI of Paraguay (0.51 bln. US dollars), GNI of Yemen (0.51 bln. US dollars), GNI of Bahrain (0.48 bln. US dollars). Share of Bahamas in the world GNI was 0.015%.

GNI per capita in Bahamas in 1970 was 3 009.2 US dollars, ranked 18th in the world and was on par with GNI per capita in the Netherlands (2 964.5 US dollars), GNI per capita in Luxembourg (2 952.7 US dollars), GNI per capita in France (2 919.3 US dollars), GNI per capita in Belgium (2 816.3 US dollars). GNI per capita in Bahamas was greater than GNI per capita in the World (926.1 US dollars) by 2 083.1 US dollars.

Comparison of GNI in Bahamas and the neighbors in 1970. GNI of Bahamas was greater than GNI of Turks and Caicos Islands (0.0 billion US dollars), but was less than GNI of the United States (1 076.9 billion US dollars), GNI of Cuba (5.6 billion US dollars). GNI per capita in Bahamas was greater than GNI per capita in Turks and Caicos Islands (1 636.6 US dollars), GNI per capita in Cuba (640.5 US dollars), but was less than GNI per capita in the United States (5 140.8 US dollars).

Comparison of GNI in Bahamas and leaders in 1970. GNI of Bahamas was less than GNI of the United States (1 076.9 billion US dollars) in 2 113.2 times, GNI of Germany (217.3 billion US dollars) in 426.4 times, GNI of Japan (211.2 billion US dollars) in 414.5 times, GNI of the United Kingdom (139.2 billion US dollars) in 273.2 times, GNI of China (91.8 billion US dollars) in 180.1 times. GNI per capita in Bahamas was greater than GNI per capita in Germany (2 773.0 US dollars) by 8.5%, GNI per capita in the United Kingdom (2 503.7 US dollars) by 20.2%, GNI per capita in Japan (2 037.3 US dollars) by 47.7%, GNI per capita in China (113.6 US dollars) in 26.5 times, but was less than GNI per capita in the United States (5 140.8 US dollars) by 70.8%.

Potential GNI of Bahamas in 1970. With GNI per capita at the level of the United States (5 140.8 US dollars), GNI of Bahamas would be 0.87 billion US dollars, it is by 70.8% more than the actual level.

GNI of Bahamas, 2015

GNI of Bahamas in 2015 was 8.4 billion US dollars, ranked 145th in the world and was on par with GNI of New Caledonia (8.9 bln. US dollars), GNI of Haiti (8.5 bln. US dollars), GNI of Benin (8.4 bln. US dollars), GNI of Congo (8.4 bln. US dollars), GNI of Guinea (8.2 bln. US dollars), GNI of Rwanda (7.9 bln. US dollars). Share of Bahamas in the world GNI was 0.011%.

GNI per capita in Bahamas in 2015 was 21 537.8 US dollars, ranked 46th in the world and was on par with GNI per capita in Malta (22 977.6 US dollars), GNI per capita in Cyprus (21 864.3 US dollars), GNI per capita in Anguilla (21 849.8 US dollars), GNI per capita in Bahrain (21 339.5 US dollars), GNI per capita in Saudi Arabia (21 230.4 US dollars), GNI per capita in Slovenia (20 215.1 US dollars). GNI per capita in Bahamas was greater than GNI per capita in the World (10 128.2 US dollars) by 11 409.6 US dollars.

Comparison of GNI in Bahamas and the neighbors in 2015. GNI of Bahamas was greater than GNI of Turks and Caicos Islands (0.9 billion US dollars), but was less than GNI of the United States (18 496.0 billion US dollars), GNI of Cuba (86.0 billion US dollars). GNI per capita in Bahamas was greater than GNI per capita in Cuba (7 552.8 US dollars), but was less than GNI per capita in the United States (57 481.7 US dollars), GNI per capita in Turks and Caicos Islands (27 488.3 US dollars).

Comparison of GNI in Bahamas and leaders in 2015. GNI of Bahamas was less than GNI of the United States (18 496.0 billion US dollars) in 2 213.2 times, GNI of China (11 172.6 billion US dollars) in 1 336.9 times, GNI of Japan (4 549.0 billion US dollars) in 544.3 times, GNI of Germany (3 436.8 billion US dollars) in 411.2 times, GNI of the United Kingdom (2 801.7 billion US dollars) in 335.2 times. GNI per capita in Bahamas was greater than GNI per capita in China (8 119.3 US dollars) in 2.7 times, but was less than GNI per capita in the United States (57 481.7 US dollars) in 2.7 times, GNI per capita in the United Kingdom (43 291.4 US dollars) in 2.0 times, GNI per capita in Germany (42 593.4 US dollars) by 97.8%, GNI per capita in Japan (35 939.5 US dollars) by 66.9%.

Potential GNI of Bahamas in 2015. With GNI per capita at the level of the United States (57 481.7 US dollars), GNI of Bahamas would be 22.3 billion US dollars, it is in 2.7 times more than the actual level. With GNI per capita at the level of Americas (25 489.7 US dollars), GNI of Bahamas would be 9.9 billion US dollars, it is by 18.3% more than the actual level.

Size of GNI in Bahamas

Gross national income (GNI) in Bahamas, bln. US dollars
Prices197019801990200020102015
current prices0.511.43.56.27.78.4
constant prices19700.510.690.971.31.31.3
20052.83.85.37.07.47.3
Picture. Bahamas: GNI

GNI in Bahamas and its neighbors, bln. $
Country197019801990200020102015
United States1 076.92 852.85 922.910 421.315 121.118 496.0
Cuba5.619.528.029.962.986.0
Bahamas0.511.43.56.27.78.4
Turks and Caicos Islands0.00920.0300.110.350.750.94

GNI in Bahamas and leaders, bln. $
Country197019801990200020102015
United States1 076.92 852.85 922.910 421.315 121.118 496.0
China91.8305.3399.71 200.26 040.411 172.6
Japan211.21 100.23 161.84 957.35 847.34 549.0
Germany217.3955.81 793.81 937.03 484.43 436.8
United Kingdom139.2590.21 097.01 646.42 460.92 801.7
Bahamas0.511.43.56.27.78.4

Growth of GNI in Bahamas

Picture. Bahamas: GNI, growth Picture. Bahamas: GNI, growth

GNI per capita in Bahamas

Picture. Bahamas: GNI per capita Picture. Bahamas: GNI per capita

GNI per capita in Bahamas and its neighbors, $
Country197019801990200020102015
United States5 140.812 425.823 424.836 837.448 796.957 481.7
Turks and Caicos Islands1 636.63 996.29 556.718 517.424 246.127 488.3
Bahamas3 009.26 870.213 825.720 869.721 345.921 537.8
Cuba640.51 986.22 649.32 694.05 562.47 552.8

GNI per capita in Bahamas and leaders, $
Country197019801990200020102015
United States5 140.812 425.823 424.836 837.448 796.957 481.7
United Kingdom2 503.710 498.019 209.027 967.639 238.643 291.4
Germany2 773.012 228.422 718.323 651.843 320.042 593.4
Japan2 037.39 491.525 863.239 433.445 926.535 939.5
Bahamas3 009.26 870.213 825.720 869.721 345.921 537.8
China113.6312.0345.9945.44 504.78 119.3

© Ivan Kushnir

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