Bahamas, The: Gross national expenditure deflator (base year varies by country)

Key figures

What the numbers say

In 2024, Bahamas, The's gross national expenditure deflator (base year varies by country) rose 1.6% on 2023 (from 110.4 to 112.22).

Across the 30 yearly changes before that (1994 to 2023), the average change was +3% and a typical year strayed about 4.8% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 25.6% in 1997 and the biggest yearly fall was 3.4% in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 1.74 a year. A straight line explains 96% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 116.09 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 1.88, against 5.93 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Bahamas, The had the 28th highest value of the 32 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Bahamas, The in the 2024 ranking

• Solomon Islands — 24th of 32: 117.06
• Bahrain — 25th of 32: 113.24
• Bolivia — 26th of 32: 113.17
• Japan — 28th of 32: 110.61
• Oman — 29th of 32: 106.87
• China — 30th of 32: 106.38

What this measures

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.

All 36 values

Gross national expenditure deflator (base year varies by country) in nearby economies

• Argentina — 107,789 (2025)
• Belize — 118.19 (2024)
• Bolivia — 113.17 (2024)
• Brazil — 272.81 (2025)
• Chile — 147.71 (2025)
• Colombia — 172.95 (2025)
• Costa Rica — 97.48 (2025)
• Cuba — 2,973 (2024)
• Dominican Republic

More economic policy & debt data for Bahamas, The

• GDP (current US$) — US$15.83 billion (2024)
• GDP (current LCU) — 15.83 billion (2024)
• GDP (constant 2015 US$) — US$13.63 billion (2024)
• GDP (constant LCU) — 14.11 billion (2024)
• GDP per capita (current US$) — US$39,455 (2024)
• GDP per capita (current LCU) — 39,455 (2024)
• GDP per capita (constant 2015 US$) — US$33,968 (2024)
• GDP per capita (constant LCU) — 35,159 (2024)
• GNI (current US$) — US$15.2 billion (2024)
• GNI (current LCU) — 15.2 billion (2024)
• GNI per capita (current LCU)

Reading data like this

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Questions people ask

What is Bahamas, The's gross national expenditure deflator (base year varies by country)?

112.22 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1989?

It is up 167.28% from 41.99 in 1989 (2.85% a year on average, compounded). The highest value was 112.22 in 2024 and the lowest 41.99 in 1989.

Source

World Bank, World Development Indicators, indicator NE.DAB.DEFL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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