Commercial service imports in Bahamas
Bahamas: Commercial service imports was 2.20 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service imports in Bahamas is 2.20 billion current US$, measured in 2024. That is the highest value across all 49 years on record.
The figure is up 11.5% on the previous year and up 28.3% over ten years.
Over the whole period, commercial service imports in Bahamas peaked at 2.20 billion current US$ in 2024 and was at its lowest, 129.00 million current US$, in 1976.
That places Bahamas 120th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 129.00 million current US$ | — |
| 1977 | 197.60 million current US$ | +53.2% |
| 1978 | 181.20 million current US$ | -8.3% |
| 1979 | 209.10 million current US$ | +15.4% |
| 1980 | 245.20 million current US$ | +17.3% |
| 1981 | 286.50 million current US$ | +16.8% |
| 1982 | 324.40 million current US$ | +13.2% |
| 1983 | 344.20 million current US$ | +6.1% |
| 1984 | 337.00 million current US$ | -2.1% |
| 1985 | 365.90 million current US$ | +8.6% |
| 1986 | 388.40 million current US$ | +6.1% |
| 1987 | 432.50 million current US$ | +11.4% |
| 1988 | 459.60 million current US$ | +6.3% |
| 1989 | 490.90 million current US$ | +6.8% |
| 1990 | 520.10 million current US$ | +5.9% |
| 1991 | 501.10 million current US$ | -3.7% |
| 1992 | 475.10 million current US$ | -5.2% |
| 1993 | 531.34 million current US$ | +11.8% |
| 1994 | 592.60 million current US$ | +11.5% |
| 1995 | 605.40 million current US$ | +2.2% |
| 1996 | 669.20 million current US$ | +10.5% |
| 1997 | 790.40 million current US$ | +18.1% |
| 1998 | 938.80 million current US$ | +18.8% |
| 1999 | 884.00 million current US$ | -5.8% |
| 2000 | 968.78 million current US$ | +9.6% |
| 2001 | 896.30 million current US$ | -7.5% |
| 2002 | 929.06 million current US$ | +3.7% |
| 2003 | 1.01 billion current US$ | +8.6% |
| 2004 | 1.17 billion current US$ | +15.9% |
| 2005 | 1.21 billion current US$ | +3.4% |
| 2006 | 1.51 billion current US$ | +24.9% |
| 2007 | 1.50 billion current US$ | -0.5% |
| 2008 | 1.31 billion current US$ | -13.0% |
| 2009 | 1.07 billion current US$ | -18.1% |
| 2010 | 1.10 billion current US$ | +2.9% |
| 2011 | 1.26 billion current US$ | +14.3% |
| 2012 | 1.52 billion current US$ | +21.0% |
| 2013 | 1.62 billion current US$ | +6.1% |
| 2014 | 1.72 billion current US$ | +6.2% |
| 2015 | 1.26 billion current US$ | -26.4% |
| 2016 | 1.59 billion current US$ | +26.0% |
| 2017 | 1.68 billion current US$ | +5.4% |
| 2018 | 1.66 billion current US$ | -0.7% |
| 2019 | 1.64 billion current US$ | -1.2% |
| 2020 | 1.17 billion current US$ | -28.9% |
| 2021 | 1.56 billion current US$ | +33.8% |
| 2022 | 1.72 billion current US$ | +10.2% |
| 2023 | 1.97 billion current US$ | +14.6% |
| 2024 | 2.20 billion current US$ | +11.5% |
Bahamas compared with similar countries
- Bahamas's 2.20 billion current US$ is below the median for high income countries, which is 18.83 billion current US$, 12% of the median. (72 countries reporting)
- Bahamas's 2.20 billion current US$ is below the median for Latin America & Caribbean, which is 2.75 billion current US$, 80% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 179.22 million current US$ | 129.00 million current US$ | 209.10 million current US$ | 4 |
| 1980s | 367.46 million current US$ | 245.20 million current US$ | 490.90 million current US$ | 10 |
| 1990s | 650.80 million current US$ | 475.10 million current US$ | 938.80 million current US$ | 10 |
| 2000s | 1.16 billion current US$ | 896.30 million current US$ | 1.51 billion current US$ | 10 |
| 2010s | 1.50 billion current US$ | 1.10 billion current US$ | 1.72 billion current US$ | 10 |
| 2020s | 1.73 billion current US$ | 1.17 billion current US$ | 2.20 billion current US$ | 5 |
Countries ranked near Bahamas
More private sector data for Bahamas
- Merchandise trade 35.6% (2024)
- Food imports 20.0% (2024)
- Manufactures imports 61.1% (2024)
- Merchandise imports 5.52 billion current US$ (2025)
- Food exports 52.2% (2024)
- Manufactures exports 31.2% (2024)
- Merchandise exports 711.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,764 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0435 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 3.19 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Bahamas?
- Commercial service imports in Bahamas was 2.20 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Bahamas?
- The highest recorded value was 2.20 billion current US$ in 2024.
- What is the lowest commercial service imports recorded in Bahamas?
- The lowest recorded value was 129.00 million current US$ in 1976.
- How does Bahamas rank for commercial service imports?
- Bahamas ranks 120th out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Bahamas?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. 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.