Bahamas, The Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Bahamas, The's tax revenue was 14.67% in 2025, ranked 74th globally. This represents a 9.4% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Bahamas, The's tax revenue stood at 14.67% in 2025, a decline of +1.53% from 2023. Based on recent trends, this figure is projected to reach 14.67% by 2025. Bahamas, The ranked 74th globally.
Bahamas’ tax revenue as a share of GDP has risen modestly since the early 1990s, moving from 13.86 percent in 1990 to 14.67 percent in 2025, placing it 74th globally. The indicator peaked at 17.93 percent in 2020, a level that reflected the temporary fiscal boost from pandemic‑related stimulus and heightened customs duties, before settling back to a more sustainable position. The lowest point occurred in 2002, when revenue fell to 9.00 percent amid a severe contraction in tourism and a sharp depreciation of the Caribbean dollar. Over the 35‑year series, the Bahamas’ tax‑to‑GDP ratio remains slightly below peers such as Costa Rica (14.89 percent) and Andorra (14.77 percent) while edging ahead of Macao SAR, China (14.62 percent). Continued diversification of the tax base and reforms to broaden indirect taxes could sustain the upward trajectory, whereas a prolonged downturn in tourism would likely reverse recent gains.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 14.36% | - | - |
| 2025* trend | 14.67% | - | - |
| 2025 | 14.67% | −1.53% | #74 |
| 2023 | 16.20% | +0.67% | #42 |
| 2022 | 15.53% | +2.14% | #49 |
| 2021 | 13.39% | −4.54% | #43 |
| 2020 | 17.93% | +1.37% | #84 |
| 2019 | 16.56% | +2.24% | #68 |
| 2018 | 14.32% | −0.47% | #55 |
| 2017 | 14.79% | +0.66% | #62 |
| 2016 | 14.13% | +1.43% | #58 |
| 2015 | 12.70% | +1.41% | #43 |
| 2014 | 11.29% | −0.48% | #28 |
| 2013 | 11.77% | −0.27% | #29 |
| 2012 | 12.04% | −0.97% | #32 |
| 2011 | 13.01% | +2.25% | #38 |
| 2010 | 10.76% | −0.49% | #25 |
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 tax revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Bahamas, The's tax revenue was 14.67% in 2025. Ranked 74th globally. This represents a 9.4% decrease from the previous year.
Bahamas, The's tax revenue peaked at 17.93% in 2020.
The lowest tax revenue in Bahamas, The was 9.00% in 2002.
Bahamas, The ranks 74th globally in tax revenue as of 2025.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
Bahamas, The's tax revenue is projected to reach 14.67% by 2025 based on trend extrapolation.
The tax revenue of Bahamas, The in 2025 was 14.67%. This ranks 74th in the world.
Cite this page
@misc{historysaid_bahamas-the_tax-revenue,
title = {Bahamas, The Tax Revenue},
url = {https://historysaid.com/bahamas-the/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}