Healthcare Spending: Bahamas, The
Bahamas, The's healthcare spending is currently 6.303 % of GDP as of 2023. # Bahamas, The Healthcare Spending The Bahamas allocated 6.
Current (2023)
6.303 % of GDP
-10.5% y/y
Peak (2020)
7.398 % of GDP
Low (2000)
3.805 % of GDP
Source
World Bank World Development Indicators
2000–2023 · 24 pts
Healthcare Spending — Bahamas, The
2000 — 2023
Healthcare Spending — Bahamas, The
Analysis# Bahamas, The Healthcare Spending
The Bahamas allocated 6.303% of GDP to healthcare in 2023, reflecting a substantial 65.7% increase since 2000 when spending stood at 3.805%. This upward trajectory places current spending well above historical lows but below the all-time peak of 7.398% reached in 2020, indicating a moderate pullback from pandemic-era expenditure levels.
The most significant turning point occurred during the COVID-19 pandemic, when healthcare spending surged to its peak in 2020 before declining to 6.303% by 2023. Between 2017 and 2022, spending fluctuated between 5.705% and 7.043%, suggesting volatility in healthcare investment priorities. Recent stabilization at 2023 levels indicates the Bahamas may be settling into a new baseline above pre-pandemic norms, suggesting sustained commitment to healthcare resources despite economic pressures.
Historical Data
24 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 6.303 % of GDP | -10.51% |
| 2022 | 7.043 % of GDP | +3.80% |
| 2021 | 6.785 % of GDP | -8.29% |
| 2020 | 7.398 % of GDP | +29.68% |
| 2019 | 5.705 % of GDP | -2.29% |
| 2018 | 5.839 % of GDP | -11.58% |
| 2017 | 6.604 % of GDP | +16.78% |
| 2016 | 5.655 % of GDP | +7.82% |
| 2015 | 5.245 % of GDP | -7.02% |
| 2014 | 5.641 % of GDP | -0.76% |
| 2013 | 5.684 % of GDP | +6.86% |
| 2012 | 5.319 % of GDP | -0.09% |
| 2011 | 5.324 % of GDP | +1.29% |
| 2010 | 5.256 % of GDP | +2.06% |
| 2009 | 5.15 % of GDP | +5.90% |
| 2008 | 4.863 % of GDP | +8.16% |
| 2007 | 4.496 % of GDP | +4.34% |
| 2006 | 4.309 % of GDP | +6.87% |
| 2005 | 4.032 % of GDP | -0.35% |
| 2004 | 4.046 % of GDP | +0.65% |
Show all 24 rows
| Year | Value | Change % |
|---|---|---|
| 2003 | 4.02 % of GDP | +5.43% |
| 2002 | 3.813 % of GDP | -2.83% |
| 2001 | 3.924 % of GDP | +3.13% |
| 2000 | 3.805 % of GDP | — |
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