Annual inflation, consumer prices in Bahamas
Bahamas: Annual inflation, consumer prices was 0.4% in 2024. ◆ Volatile
Annual inflation, consumer prices in Bahamas, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual inflation, consumer prices in Bahamas stood at 0.4%.
Compared with earlier readings it is down 86.6% on the previous year and down 73.0% over ten years.
Over the whole period, annual inflation, consumer prices in Bahamas peaked at 5.6% in 2022 and was at its lowest, -0.3%, in 2016.
That places Bahamas 191st out of 203 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.6% | — |
| 2001 | 2.0% | +27.3% |
| 2002 | 2.2% | +6.3% |
| 2003 | 3.0% | +39.2% |
| 2004 | 1.0% | -67.5% |
| 2005 | 1.6% | +62.1% |
| 2006 | 2.4% | +50.2% |
| 2007 | 2.5% | +4.3% |
| 2008 | 4.5% | +80.1% |
| 2009 | 2.1% | -54.1% |
| 2010 | 1.3% | -34.8% |
| 2011 | 3.2% | +138.0% |
| 2012 | 2.0% | -38.3% |
| 2013 | 0.7% | -63.4% |
| 2014 | 1.5% | +109.5% |
| 2015 | 1.9% | +23.0% |
| 2016 | -0.3% | -118.6% |
| 2017 | 1.5% | -538.3% |
| 2018 | 2.3% | +49.2% |
| 2019 | 2.5% | +9.9% |
| 2020 | 0.0% | -98.5% |
| 2021 | 2.9% | +7441.1% |
| 2022 | 5.6% | +93.0% |
| 2023 | 3.1% | -45.5% |
| 2024 | 0.4% | -86.6% |
Bahamas compared with similar countries
- Bahamas's 0.4% is below the median for high income countries, which is 2.4%, 17% of the median. (64 countries reporting)
- Bahamas's 0.4% is below the median for Latin America & Caribbean, which is 3.3%, 12% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +7441.1% | 0.0% | 2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 1.0% | 4.5% | 10 |
| 2010s | 1.7% | -0.3% | 3.2% | 10 |
| 2020s | 2.4% | 0.0% | 5.6% | 5 |
Countries ranked near Bahamas
- 188 Oman 0.6% compare
- 189 New Caledonia 0.6% compare
- 190 Trinidad and Tobago 0.5% compare
- 192 Seychelles 0.3% compare
- 193 Armenia 0.3% compare
- 194 China 0.2% compare
More development goals data for Bahamas
- Red List Index 0.7348 index (2025)
- Number of refugees per 100,000 population, by country of origin 310.18 per 100,000 people (2025)
- Manufacturing value added per capita 81.32 constant US$ (2025)
- Number of transboundary breeds 1 (2025)
- Number of transboundary breeds (not extinct) 1 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 1 (2025)
- Number of local breeds (not extinct) 1 (2025)
- Number of local breeds kept in the country 1 (2025)
- Infant deaths 48 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Bahamas?
- Annual inflation, consumer prices in Bahamas was 0.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Bahamas?
- The highest recorded value was 5.6% in 2022.
- What is the lowest annual inflation, consumer prices recorded in Bahamas?
- The lowest recorded value was -0.3% in 2016.
- How does Bahamas rank for annual inflation, consumer prices?
- Bahamas ranks 191st out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Bahamas?
- Over the last ten years it is down 73.0%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).