Bahamas, The: Import value index (2015 = 100)

Key figures

What the numbers say

In 2024, Bahamas, The's import value index (2015 = 100) rose 35.7 on 2023 (from 126.3 to 162).

Across the 18 yearly changes before that (2006 to 2023), the average change was +2.39 and a typical year strayed about 15.61 from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 36.3 in 2021 and the biggest yearly fall was 34.1 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 the straight-line trend is upward, about 4.72 a year. A straight line explains 36% 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.

How it compares

In 2024, Bahamas, The had the 74th highest value of the 204 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

• Côte d'Ivoire — 71st of 204: 162.8
• Costa Rica — 72nd of 204: 162.7
• Nicaragua — 73rd of 204: 162.4
• Hungary — 75th of 204: 161.8
• Latvia — 76th of 204: 161.3
• Türkiye — 77th of 204: 161

What this measures

Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.

All 20 values

Import value index (2015 = 100) in nearby economies

• Antigua and Barbuda — 210.2 (2024)
• Argentina — 100.9 (2024)
• Aruba — 119.7 (2024)
• Barbados — 132.5 (2024)
• Belize — 144.3 (2024)
• Bolivia — 101.4 (2024)
• Brazil — 154 (2024)
• British Virgin Islands — 137.8 (2024)
• Cayman Islands — 228.6 (2024)
• Chile — 135.1 (2024)
• Colombia — 118.6 (2024)

More trade data for Bahamas, The

• Import volume index (2015 = 100) — 114.7 (2024)
• Net barter terms of trade index (2015 = 100) — 96.5 (2024)
• Export volume index (2015 = 100) — 116.7 (2024)
• Export value index (2015 = 100) — 159.1 (2024)
• Tariff rate, applied, simple mean, manufactured products (%) — 27.85% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 33.23% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 18.62% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 18.62% (2022)
• Tariff rate, applied, simple mean, all products (%)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Bahamas, The's import value index (2015 = 100)?

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

How has it changed since 2005?

It is up 94.71% from 83.2 in 2005 (3.57% a year on average, compounded). The highest value was 162 in 2024 and the lowest 69.5 in 2020.

How does Bahamas, The rank?

74th highest of 204 economies with data for 2024.

Is the latest change in import value index (2015 = 100) unusual for Bahamas, The?

In 2024, Bahamas, The's import value index (2015 = 100) rose 35.7 on 2023 (from 126.3 to 162). Across the 18 yearly changes before that (2006 to 2023), the average change was +2.39 and a typical year strayed about 15.61 from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) 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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