Bahamas, The Government Revenue
General government revenue as % of GDP GGR_NGDP
Bahamas, The's government revenue was 20.79% in 2025, ranked 128th globally. This represents a 5.2% increase from 2024. Data from IMF WEO, covering 1990–2025.
Overview
Bahamas, The's government revenue stood at 20.79% in 2025, a rise of +1.02% from 2024. The IMF projects 20.79% by 2025. Bahamas, The ranked 128th globally.
Bahamas’ government revenue has risen from 8.75 in 1990 to 20.79 in 2025, a more than doubling over the 36‑year span and placing the country at rank 128 globally in the IMF World Economic Outlook. The all‑time peak of 20.79 coincides with the 2025 estimate, while the trough of 8.75 marks the baseline in the early 1990s, reflecting a sustained upward trajectory that outpaces many small island economies. Compared with peers of similar rank, Thailand recorded 20.92 and the Philippines 20.42 in the same year, suggesting that Bahamas’ revenue growth is broadly comparable to other emerging markets with diversified service sectors. The increase is likely driven by expanded tourism receipts, offshore financial services, and modest fiscal reforms that have broadened the tax base. Continued resilience in these sectors, coupled with prudent fiscal management, could maintain the upward trend, although external shocks to tourism or global financial flows would pose risks to future revenue growth.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 21.96% | - | - |
| 2029* IMF | 21.96% | - | - |
| 2028* IMF | 21.95% | - | - |
| 2027* IMF | 21.95% | - | - |
| 2026* IMF | 21.75% | - | - |
| 2025* IMF | 20.79% | - | - |
| 2025 | 20.79% | +1.02% | #128 |
| 2024 | 19.77% | +0.20% | #136 |
| 2023 | 19.57% | −0.53% | #139 |
| 2022 | 20.10% | +3.08% | #137 |
| 2021 | 17.02% | −0.63% | #154 |
| 2020 | 17.65% | −0.94% | #147 |
| 2019 | 18.59% | +2.43% | #152 |
| 2018 | 16.16% | −0.85% | #160 |
| 2017 | 17.01% | +0.27% | #155 |
| 2016 | 16.75% | +1.67% | #152 |
| 2015 | 15.08% | +1.47% | #167 |
| 2014 | 13.61% | +0.56% | #177 |
| 2013 | 13.05% | −0.67% | #175 |
| 2012 | 13.72% | −0.49% | #175 |
| 2011 | 14.20% | +1.34% | #166 |
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 government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Bahamas, The's government revenue was 20.79% in 2025. Ranked 128th globally. This represents a 5.2% increase from the previous year.
Bahamas, The's government revenue peaked at 20.79% in 2025.
The lowest government revenue in Bahamas, The was 8.75% in 1990.
Bahamas, The ranks 128th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Bahamas, The's government revenue is projected to reach 20.79% by 2025 based on IMF projection.
The government revenue of Bahamas, The in 2025 was 20.79%. This ranks 128th in the world.
Cite this page
@misc{historysaid_bahamas-the_government-revenue,
title = {Bahamas, The Government Revenue},
url = {https://historysaid.com/bahamas-the/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}