Bahamas, The Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Bahamas, The's credit to gdp was 51.94% in 2016, ranked 104th globally. This represents a 4.0% decrease from 2015. Data from World Bank, covering 1973–2016.
Overview
Bahamas, The's credit to gdp stood at 51.94% in 2016, a decline of +2.14% from 2015. Bahamas, The ranked 104th globally.
The Bahamas' credit-to-GDP ratio has experienced significant fluctuations over the past four decades, with a peak of 66.08 in 2009 and a trough of 36.10 in 1984. Since then, the ratio has gradually decreased, reaching 51.94 in 2016. This value ranks the country 104th globally. In comparison, peer country St. Kitts and Nevis has a slightly lower ratio of 51.47, while Bulgaria's ratio of 52.02 is closer to that of the Bahamas. The Bahamas' ratio has generally followed a downward trend since the 2009 peak, suggesting a reduction in credit growth relative to economic output. The decline may be attributed to the country's efforts to stabilize its economy and manage debt levels. However, a sustained increase in economic growth, coupled with prudent fiscal policies, would likely contribute to a stabilization or even increase in the credit-to-GDP ratio in the future, potentially shifting the trajectory of the trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2016 | 51.94% | −2.14% | #104 |
| 2015 | 54.08% | −3.98% | #107 |
| 2014 | 58.07% | −4.12% | #117 |
| 2013 | 62.19% | +0.35% | #123 |
| 2012 | 61.84% | −4.17% | #121 |
| 2011 | 66.01% | +0.87% | #124 |
| 2010 | 65.15% | −0.93% | #120 |
| 2009 | 66.08% | +3.98% | #120 |
| 2008 | 62.10% | +3.54% | #113 |
| 2007 | 58.56% | +1.95% | #109 |
| 2006 | 56.61% | +6.25% | #110 |
| 2005 | 50.36% | +2.44% | #101 |
| 2004 | 47.92% | +1.76% | #100 |
| 2003 | 46.16% | +0.34% | #91 |
| 2002 | 45.82% | −1.09% | #91 |
Detected Pattern
Analysis
Bahamas, The matched the Fiscal Dominance Trap pattern in 1981. Historically, 72% of countries showing this pattern (278 out of 386) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Bahamas, The's credit to gdp was 51.94% in 2016. Ranked 104th globally. This represents a 4.0% decrease from the previous year.
Bahamas, The's credit to gdp peaked at 66.08% in 2009.
The lowest credit to gdp in Bahamas, The was 36.10% in 1984.
Bahamas, The ranks 104th globally in credit to gdp as of 2016.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
The credit to gdp of Bahamas, The in 2016 was 51.94%. This ranks 104th in the world.
Cite this page
@misc{historysaid_bahamas-the_credit-to-gdp,
title = {Bahamas, The Credit to GDP},
url = {https://historysaid.com/bahamas-the/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}