Bahamas flag

Bahamas

Commonwealth of the Bahamas

Capital

Nassau

Region

Americas

Population

398,165

Area (km²)

13,943

💡Quick Summary

The Bahamas, an archipelago nation in the Americas, boasts a population of around 398,165 spread across 13,943 km² of tropical islands, with Nassau as its bustling capital. Known for its stunning beaches and vibrant tourism-driven economy, the country offers a mix of British colonial history and Caribbean culture. While GDP data is unavailable here, it's a popular haven for offshore finance and cruise ship visitors.

Key Insights

High Income, Low Growth: The Economic Paradox

The Bahamas exhibits a high-income economy with a GDP per capita of over $38,000, placing it among the wealthiest nations globally, especially in the Americas. However, the GDP growth rate is relatively modest at 3.048%, suggesting mature economic development or potential limitations to rapid expansion, possibly due to reliance on tourism.

Near Universal Electrification

The Bahamas has achieved 100% access to electricity, a significant infrastructure milestone that is critical for development and quality of life. This achievement is particularly notable for an archipelagic nation, demonstrating robust national utility coverage despite geographical challenges.

Low Fertility Rate Signals Aging Population Pressure

The fertility rate of 1.37 is significantly below the replacement level (2.1), indicating that the population is not replacing itself naturally. If this trend continues, the Bahamas will face demographic challenges, including an aging population and a shrinking workforce, despite its relatively young current population structure.

High Urbanization in a Small Nation

A striking 81.321% of the population resides in urban areas, suggesting a high concentration of inhabitants, likely in the capital, Nassau, and Freeport. This high urbanization rate is typical of small island states but creates significant pressure on infrastructure and resources in concentrated areas.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$15.27B

Year: 2023

GDP Per Capita

$38,231.77

GDP Growth (%)

3.05%

Inflation (%)

3.05%

Unemployment (%)

8.64%

Debt to GDP (%)

73.73%

Source: World Bank • Last updated: 1/23/2026

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-22.00%-11.00%0.00%11.00%22.00%
  • GDP Growth (%)
Population Growth
Total population over time
20142015201620172018201920202021202220230100,000200,000300,000400,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years20.0years40.0years60.0years80.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
2014201520162017201820192020202120220.0%0.3%0.7%1.1%1.4%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$10,000$20,000$30,000$40,000
  • GDP Per Capita ($)

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