Bahamas, The Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Bahamas, The's domestic credit was 75.35% in 2016, ranked 32nd globally. This represents a 1.0% increase from 2015. Data from World Bank, covering 1973–2016.
Overview
Bahamas, The's domestic credit stood at 75.35% in 2016, a rise of +0.73% from 2015. Bahamas, The ranked 32nd globally.
Bahamas’ domestic credit to the private sector stood at 75.35 % of GDP in 2016, placing the nation 32nd in the World Bank rankings and closely matching peers such as Cabo Verde (75.79 %) and Bolivia (76.30 %). The indicator has risen steadily since the earliest recorded value of 66.36 % in 1973, reaching an all‑time peak of 84.29 % in 2013 after a long expansionary phase following the 1985 trough of 42.29 %. The post‑trough recovery was driven by liberalised financial policies and a surge in tourism‑linked investment, which expanded credit flows to businesses and households. Although the 2016 figure remains below the 2013 high, the modest decline suggests a consolidation rather than a reversal of credit growth. Continued diversification of the economy and prudent banking regulation will be critical to sustain the upward trajectory and avoid a repeat of the 1980s contraction.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2016 | 75.35% | +0.73% | #32 |
| 2015 | 74.62% | −3.80% | #33 |
| 2014 | 78.42% | −5.87% | #35 |
| 2013 | 84.29% | +4.45% | #35 |
| 2012 | 79.84% | −3.75% | #35 |
| 2011 | 83.59% | +1.10% | #34 |
| 2010 | 82.49% | +3.13% | #33 |
| 2009 | 79.36% | +5.19% | #32 |
| 2008 | 74.18% | +5.14% | #28 |
| 2007 | 69.03% | +3.10% | #24 |
| 2006 | 65.93% | +6.39% | #22 |
| 2005 | 59.54% | +2.93% | #17 |
| 2004 | 56.60% | +0.93% | #17 |
| 2003 | 55.67% | +0.17% | #13 |
| 2002 | 55.50% | −0.56% | #12 |
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 domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Bahamas, The's domestic credit was 75.35% in 2016. Ranked 32nd globally. This represents a 1.0% increase from the previous year.
Bahamas, The's domestic credit peaked at 84.29% in 2013.
The lowest domestic credit in Bahamas, The was 42.29% in 1985.
Bahamas, The ranks 32nd globally in domestic credit as of 2016.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
The domestic credit of Bahamas, The in 2016 was 75.35%. This ranks 32nd in the world.
Cite this page
@misc{historysaid_bahamas-the_domestic-credit,
title = {Bahamas, The Domestic Credit},
url = {https://historysaid.com/bahamas-the/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}