Bahamas, The Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Bahamas, The's trade balance was $-177.4M in 2025, ranked 81st globally. This represents a 69.5% increase from 2024. Data from World Bank, covering 1977–2025.
Overview
Bahamas, The's trade balance stood at $-177.4M in 2025, a rise of +$404.5M from 2024. Based on recent trends, this figure is projected to reach $-177.4M by 2025. Bahamas, The ranked 81st globally.
The Bahamas’ trade balance has swung dramatically over the 48‑year record, moving from a surplus of 117,700,000.00 in 1977 to a deep deficit of –1,355,800,000.00 in 2011, the all‑time trough, before rebounding to a peak surplus of 235,000,000.00 in 2015. By 2025 the balance stood at –177,380,000.00, placing the nation 81st globally and aligning it with peers such as Armenia (–168,767,826.97) and Palau (–193,541,821.10) in the lower‑ranked deficit cluster. The pronounced swing reflects the Bahamas’ reliance on tourism‑driven exports and the volatility of import costs, especially during the global financial disruption of the early 2010s that precipitated the 2011 trough. Recent deficits suggest that without diversification of export markets or a sustained recovery in tourism demand, the trade balance is likely to remain negative, though incremental improvements in service exports could gradually narrow the gap.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $87.0M | - | - |
| 2026* trend | $-45.2M | - | - |
| 2025* trend | $-177.4M | - | - |
| 2025 | $-177.4M | +$404.5M | #81 |
| 2024 | $-581.9M | −$440.4M | #71 |
| 2023 | $-141.5M | +$89.9M | #91 |
| 2022 | $-231.4M | +$971.1M | #102 |
| 2021 | $-1.2B | −$490.2M | #62 |
| 2020 | $-712.3M | −$868.3M | #75 |
| 2019 | $156.0M | +$367.6M | #113 |
| 2018 | $-211.6M | +$396.1M | #94 |
| 2017 | $-607.7M | −$428.4M | #79 |
| 2016 | $-179.3M | −$414.3M | #93 |
| 2015 | $235.0M | +$882.3M | #127 |
| 2014 | $-647.3M | −$140.8M | #85 |
| 2013 | $-506.5M | +$350.8M | #91 |
| 2012 | $-857.3M | +$498.5M | #86 |
| 2011 | $-1.4B | −$470.5M | #70 |
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 trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Bahamas, The's trade balance was $-177.4M in 2025. Ranked 81st globally. This represents a 69.5% increase from the previous year.
Bahamas, The's trade balance peaked at $235.0M in 2015.
The lowest trade balance in Bahamas, The was $-1.4B in 2011.
Bahamas, The ranks 81st globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Bahamas, The's trade balance is projected to reach $-177.4M by 2025 based on trend extrapolation.
The trade balance of Bahamas, The in 2025 was $-177.4M. This ranks 81st in the world.
Cite this page
@misc{historysaid_bahamas-the_trade-balance,
title = {Bahamas, The Trade Balance},
url = {https://historysaid.com/bahamas-the/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}