Economy of The Bahamas - Statistics

Statistics

• "Household income or consumption by percentage share"
  • highest 10%: 27% (2000)
• "Agriculture - products"
  • citrus, vegetables; poultry
• "Electricity - production"
  • 2,505 GWh (2007 est.) - Rank 133
• "Electricity - consumption"
  • 1,793 GWh (2007) - Rank 133
• "Oil - consumption"
  • 26,830 bbl/d (4,266 m3/d) (2006 est.) - Rank 115
• "Oil - exports"
  • transhipments of 29,000 bbl/d (4,600 m3/d) (2003)
• "Exchange rates"
  • Bahamian dollars per US dollar - 1 (2008), 1 (2007), 1 (2006), 1 (2005), 1 (2004)

The Bahamas has the 47th freest economy in the world according to The Heritage Foundation 2010 Index of Economic Freedom. The Bahamas is ranked 7th out of 29 countries in the South and Central America/Caribbean region, and its overall score is higher than the regional and world averages. Total government spending, including consumption and transfer payments, is relatively low. In the most recent year, government spending equaled 23.4 percent of GDP.