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household debts in the Bahamas

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.


Back to overview: Bahamas

Gross debt of the last 22 years in billion USD




YearBahamas totalBahamas per capitaEU per capita
19981.37 bn USD4,710 USD14,079 USD
19991.43 bn USD4,877 USD14,032 USD
20001.51 bn USD5,070 USD11,232 USD
20011.51 bn USD5,006 USD11,255 USD
20021.67 bn USD5,432 USD12,258 USD
20031.85 bn USD5,907 USD15,286 USD
20041.94 bn USD6,077 USD17,595 USD
20052.17 bn USD6,674 USD18,327 USD
20062.32 bn USD6,996 USD18,877 USD
20072.44 bn USD7,236 USD20,898 USD
20082.68 bn USD7,796 USD24,086 USD
20093.09 bn USD8,825 USD25,361 USD
20103.40 bn USD9,583 USD26,496 USD
20113.56 bn USD9,888 USD29,231 USD
20123.91 bn USD10,747 USD28,174 USD
20134.69 bn USD12,772 USD29,981 USD
20145.18 bn USD13,964 USD30,648 USD
20155.62 bn USD14,321 USD25,918 USD
20165.89 bn USD14,865 USD26,261 USD
20176.55 bn USD16,413 USD27,024 USD
20187.73 bn USD19,240 USD28,448 USD
20197.90 bn USD19,524 USD27,168 USD
20208.31 bn USD20,455 USD30,783 USD


Comparison of gross debt per capita with the European Union in U.S. dollars



      Bahamas       European Union


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