
Gross debt in the Bahamas
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in the Bahamas in the period from 1998 to 2020 was between 1.4 billion and 8.3 billion USD. The highest level of the last years at eight billion US Dollar was reached in 2020.
Based on the number of inhabitants, this is a debt of 20,455 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.
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Gross debt of the last 22 years in billion USD
Year | Bahamas total | Bahamas per capita | EU per capita |
---|---|---|---|
1998 | 1.37 bn USD | 4,710 USD | 14,079 USD |
1999 | 1.43 bn USD | 4,877 USD | 14,032 USD |
2000 | 1.51 bn USD | 5,070 USD | 11,232 USD |
2001 | 1.51 bn USD | 5,006 USD | 11,255 USD |
2002 | 1.67 bn USD | 5,432 USD | 12,258 USD |
2003 | 1.85 bn USD | 5,907 USD | 15,286 USD |
2004 | 1.94 bn USD | 6,077 USD | 17,595 USD |
2005 | 2.17 bn USD | 6,674 USD | 18,327 USD |
2006 | 2.32 bn USD | 6,996 USD | 18,877 USD |
2007 | 2.44 bn USD | 7,236 USD | 20,898 USD |
2008 | 2.68 bn USD | 7,796 USD | 24,086 USD |
2009 | 3.09 bn USD | 8,825 USD | 25,361 USD |
2010 | 3.40 bn USD | 9,583 USD | 26,496 USD |
2011 | 3.56 bn USD | 9,888 USD | 29,231 USD |
2012 | 3.91 bn USD | 10,747 USD | 28,174 USD |
2013 | 4.69 bn USD | 12,772 USD | 29,981 USD |
2014 | 5.18 bn USD | 13,964 USD | 30,648 USD |
2015 | 5.62 bn USD | 14,321 USD | 25,918 USD |
2016 | 5.89 bn USD | 14,865 USD | 26,261 USD |
2017 | 6.55 bn USD | 16,413 USD | 27,024 USD |
2018 | 7.73 bn USD | 19,240 USD | 28,448 USD |
2019 | 7.90 bn USD | 19,524 USD | 27,168 USD |
2020 | 8.31 bn USD | 20,455 USD | 30,783 USD |