
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 2021 was between 1.4 billion and 10.2 billion USD. The highest level of the last years at ten billion US Dollar was reached in 2021.
Based on the number of inhabitants, this is a debt of 24,926 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.
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Gross debt of the last 23 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 | 11,241 USD |
2001 | 1.51 bn USD | 5,006 USD | 11,263 USD |
2002 | 1.67 bn USD | 5,432 USD | 12,266 USD |
2003 | 1.85 bn USD | 5,907 USD | 15,295 USD |
2004 | 1.94 bn USD | 6,077 USD | 17,606 USD |
2005 | 2.17 bn USD | 6,674 USD | 18,337 USD |
2006 | 2.32 bn USD | 6,996 USD | 18,887 USD |
2007 | 2.44 bn USD | 7,236 USD | 20,910 USD |
2008 | 2.68 bn USD | 7,796 USD | 24,100 USD |
2009 | 3.09 bn USD | 8,825 USD | 25,376 USD |
2010 | 3.40 bn USD | 9,583 USD | 26,515 USD |
2011 | 3.56 bn USD | 9,888 USD | 29,254 USD |
2012 | 3.91 bn USD | 10,747 USD | 28,198 USD |
2013 | 4.66 bn USD | 12,690 USD | 30,008 USD |
2014 | 5.16 bn USD | 13,923 USD | 30,677 USD |
2015 | 5.74 bn USD | 14,610 USD | 25,944 USD |
2016 | 6.06 bn USD | 15,316 USD | 26,287 USD |
2017 | 6.65 bn USD | 16,666 USD | 27,108 USD |
2018 | 7.77 bn USD | 19,340 USD | 28,543 USD |
2019 | 7.87 bn USD | 19,459 USD | 27,264 USD |
2020 | 8.48 bn USD | 20,871 USD | 30,919 USD |
2021 | 10.17 bn USD | 24,926 USD | 33,827 USD |