Current Account Balance: Bahamas, The
Bahamas, The's current account balance is currently -7.3 % of GDP as of 2026. # Bahamas, The Current Account Balance The Bahamas' current account balance stands at -7.
Current (2026)
-7.3 % of GDP
+3.9% y/y
Peak (1993)
5.6 % of GDP
Low (2020)
-22 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Bahamas, The
1980 — 2026
Current Account Balance — Bahamas, The
Analysis# Bahamas, The Current Account Balance
The Bahamas' current account balance stands at -7.3% of GDP in 2026, reflecting persistent external imbalances. This deficit remains far below the nation's all-time peak of 5.6% in 1993, when the country maintained a current account surplus. Since 1980, the overall trajectory has deteriorated sharply, with a cumulative change of -1116.7%. The all-time low of -22% in 2020 marked an exceptional disruption, likely driven by pandemic-related economic shocks.
Recovery has been steady but incomplete since 2020's collapse. The deficit improved from -20.2% in 2021 to -7.3% by 2026, suggesting a structural adjustment toward sustainability. However, the persistent negative balance indicates ongoing reliance on external financing. The 2026 projection shows stabilization rather than convergence toward surplus, suggesting the Bahamas faces structural challenges in balancing imports with export revenues and service income.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -6 % of GDP | +4.76% |
| 2029 | -6.3 % of GDP | +5.97% |
| 2028 | -6.7 % of GDP | +5.63% |
| 2027 | -7.1 % of GDP | +2.74% |
| 2026 | -7.3 % of GDP | +3.95% |
| 2025 | -7.6 % of GDP | +0.00% |
| 2024 | -7.6 % of GDP | -8.57% |
| 2023 | -7 % of GDP | +21.35% |
| 2022 | -8.9 % of GDP | +55.94% |
| 2021 | -20.2 % of GDP | +8.18% |
| 2020 | -22 % of GDP | -947.62% |
| 2019 | -2.1 % of GDP | +77.66% |
| 2018 | -9.4 % of GDP | +29.32% |
| 2017 | -13.3 % of GDP | -7.26% |
| 2016 | -12.4 % of GDP | +0.80% |
| 2015 | -12.5 % of GDP | +36.55% |
| 2014 | -19.7 % of GDP | -35.86% |
| 2013 | -14.5 % of GDP | -1.40% |
| 2012 | -14.3 % of GDP | -31.19% |
| 2011 | -10.9 % of GDP | -37.97% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -7.9 % of GDP | +2.47% |
| 2009 | -8.1 % of GDP | +2.41% |
| 2008 | -8.3 % of GDP | +7.78% |
| 2007 | -9 % of GDP | +10.89% |
| 2006 | -10.1 % of GDP | -225.81% |
| 2005 | -3.1 % of GDP | -293.75% |
| 2004 | 1.6 % of GDP | +900.00% |
| 2003 | -0.2 % of GDP | -300.00% |
| 2002 | 0.1 % of GDP | +102.63% |
| 2001 | -3.8 % of GDP | -153.33% |
| 2000 | -1.5 % of GDP | -207.14% |
| 1999 | 1.4 % of GDP | +113.86% |
| 1998 | -10.1 % of GDP | -87.04% |
| 1997 | -5.4 % of GDP | -1900.00% |
| 1996 | 0.3 % of GDP | -86.96% |
| 1995 | 2.3 % of GDP | -39.47% |
| 1994 | 3.8 % of GDP | -32.14% |
| 1993 | 5.6 % of GDP | +833.33% |
| 1992 | 0.6 % of GDP | +117.14% |
| 1991 | -3.5 % of GDP | -337.50% |
| 1990 | -0.8 % of GDP | +52.94% |
| 1989 | -1.7 % of GDP | -21.43% |
| 1988 | -1.4 % of GDP | -16.67% |
| 1987 | -1.2 % of GDP | -50.00% |
| 1986 | -0.8 % of GDP | +20.00% |
| 1985 | -1 % of GDP | +23.08% |
| 1984 | -1.3 % of GDP | -8.33% |
| 1983 | -1.2 % of GDP | +45.45% |
| 1982 | -2.2 % of GDP | +29.03% |
| 1981 | -3.1 % of GDP | -416.67% |
| 1980 | -0.6 % of GDP | — |
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