Bahamas, The: Secondary income receipts (BoP, current US$)

Key figures

What the numbers say

In 2024, Bahamas, The's secondary income receipts (BoP, current US$) rose 14.8% on 2023 (from US$321.02 million to US$368.57 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was +31.8% and a typical year strayed about 103.1% from that (the standard deviation). This year's change was 0.2 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 385% in 1999 and the biggest yearly fall was 61.6% in 2017. 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 22nd 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.

Closest to Bahamas, The in the 2024 ranking

• Mauritania — 19th of 29: US$403.59 million
• Sierra Leone — 20th of 29: US$390.5 million
• Papua New Guinea — 21st of 29: US$368.86 million
• Mauritius — 23rd of 29: US$300.14 million
• Guinea-Bissau — 24th of 29: US$213.24 million
• Solomon Islands — 25th of 29: US$193.54 million

What this measures

Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 49 values

Secondary income receipts (BoP, current US$) in nearby economies

• Antigua and Barbuda — US$41.24 million (2025)
• Argentina — US$4.65 billion (2025)
• Aruba — US$130.61 million (2023)
• Barbados — US$52.5 million (2017)
• Belize — US$199.08 million (2025)
• Bolivia — US$1.32 billion (2025)
• Brazil — US$8.63 billion (2025)
• Chile — US$5.05 billion (2025)
• Colombia — US$17.99 billion (2025)
• Costa Rica — US$1.39 billion (2025)

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 secondary income receipts (BoP, current US$)?

US$368.57 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1976?

It is up 5,019% from US$7.2 million in 1976 (8.54% a year on average, compounded). The highest value was US$582.27 million in 2016 and the lowest US$7.2 million in 1976.

How does Bahamas, The rank?

22nd highest of 29 economies with data for 2024.

Is the latest change in secondary income receipts (BoP, current US$) unusual for Bahamas, The?

In 2024, Bahamas, The's secondary income receipts (BoP, current US$) rose 14.8% on 2023 (from US$321.02 million to US$368.57 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +31.8% and a typical year strayed about 103.1% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BX.TRF.CURR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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