Bahamas, The's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) was 19,626 in 2024, the latest year in the World Bank's World Development Indicators. That is up 7.89% from 18,190 in 2014 (0.76% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 19,626 | 2024 |
| Five years earlier | 17,457 | 2019 |
| Ten years earlier | 18,190 | 2014 |
| Highest | 23,211 | 2006 |
| Lowest | 14,224 | 2020 |
| Average since 2015 | 18,124 | 2015–2024 |
| First recorded | 18,072 | 1990 |
What the numbers say
In 2024, Bahamas, The's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) rose 527.27 on 2023 (from 19,099 to 19,626).
Across the 30 yearly changes before that (1994 to 2023), the average change was +119.59 and a typical year strayed about 1,296 from that (the standard deviation). This year's change was 0.3 standard deviations above 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 3,047 in 2021 and the biggest yearly fall was 3,232 in 2020. 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 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Bahamas, The had the 8th highest value of the 29 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.
| Value | Year | |
|---|---|---|
| Bahamas, The | 19,626 | 2024 |
| World | 11,301 | 2024 |
| Latin America & Caribbean | 12,534 | 2025 |
| High income | 31,532 | 2024 |
Closest to Bahamas, The in the 2024 ranking
What this measures
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 35 values
| Year | Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) |
|---|---|
| 2024 | 19,626 |
| 2023 | 19,099 |
| 2022 | 17,595 |
| 2021 | 17,271 |
| 2020 | 14,224 |
| 2019 | 17,457 |
| 2018 | 19,582 |
| 2017 | 19,598 |
| 2016 | 18,467 |
| 2015 | 18,320 |
Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) in nearby economies
More economic policy & debt data for Bahamas, The
- GDP (current US$) — 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
Questions people ask
- What is Bahamas, The's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)?
- 19,626 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 8.6% from 18,072 in 1990 (0.24% a year on average, compounded). The highest value was 23,211 in 2006 and the lowest 14,224 in 2020.
- How does Bahamas, The rank?
- 8th highest of 29 economies with data for 2024.
Source
World Bank, World Development Indicators, indicator NE.CON.PCAP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/al… 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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