National Debt (% of GDP): Bahamas, The
Bahamas, The's national debt (% of gdp) is currently 72.9% as of 2026. # Bahamas, The National Debt (% of GDP) The Bahamas' national debt stands at 72.
Current (2026)
72.9%
-1.6% y/y
Peak (2021)
90.7%
Low (1990)
13.2%
Source
IMF World Economic Outlook
1990–2026 · 41 pts
National Debt (% of GDP) — Bahamas, The
1990 — 2026
National Debt (% of GDP) — Bahamas, The
Analysis# Bahamas, The National Debt (% of GDP)
The Bahamas' national debt stands at 72.9% of GDP in 2026, down from a catastrophic peak of 90.7% in 2021 but vastly higher than the 13.2% recorded in 1990. Over 36 years, debt has surged 452.3%, reflecting decades of fiscal accumulation punctuated by acute crises. The island nation's debt-to-GDP ratio has more than quintupled since 1990, marking a dramatic shift in fiscal health.
The 2021 debt spike coincided with pandemic-driven economic contraction and emergency spending. Since that peak, the ratio has declined steadily—falling 17.8 percentage points through 2026. The recent trajectory shows consistent year-over-year improvement from 2022 onward, with debt dropping from 84.7% in 2022 to 72.9% in 2026. Continued fiscal consolidation and economic recovery suggest further reduction ahead, though the debt burden remains substantially elevated by historical standards.
Historical Data
41 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 66.3% | -2.93% |
| 2029 | 68.3% | -2.84% |
| 2028 | 70.3% | -1.95% |
| 2027 | 71.7% | -1.65% |
| 2026 | 72.9% | -1.62% |
| 2025 | 74.1% | +0.41% |
| 2024 | 73.8% | -5.75% |
| 2023 | 78.3% | -7.56% |
| 2022 | 84.7% | -6.62% |
| 2021 | 90.7% | +26.15% |
| 2020 | 71.9% | +19.24% |
| 2019 | 60.3% | -1.95% |
| 2018 | 61.5% | +12.64% |
| 2017 | 54.6% | +6.85% |
| 2016 | 51.1% | +2.40% |
| 2015 | 49.9% | +4.61% |
| 2014 | 47.7% | +7.92% |
| 2013 | 44.2% | +17.55% |
| 2012 | 37.6% | +6.52% |
| 2011 | 35.3% | +4.13% |
Show all 41 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 33.9% | +12.62% |
| 2009 | 30.1% | +18.97% |
| 2008 | 25.3% | +7.66% |
| 2007 | 23.5% | +1.29% |
| 2006 | 23.2% | +0.87% |
| 2005 | 23.0% | +6.48% |
| 2004 | 21.6% | +3.85% |
| 2003 | 20.8% | +7.22% |
| 2002 | 19.4% | +4.86% |
| 2001 | 18.5% | -3.65% |
| 2000 | 19.2% | -3.03% |
| 1999 | 19.8% | -4.81% |
| 1998 | 20.8% | -3.26% |
| 1997 | 21.5% | +3.86% |
| 1996 | 20.7% | -1.43% |
| 1995 | 21.0% | +0.48% |
| 1994 | 20.9% | +6.09% |
| 1993 | 19.7% | +10.06% |
| 1992 | 17.9% | +16.99% |
| 1991 | 15.3% | +15.91% |
| 1990 | 13.2% | — |
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