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The Bahamas

The Bahamas National accounts Stats

Definitions

  • Growth rates > Household final > Consumption expenditure > Etc. > Annual % growth: Annual percentage growth of household final consumption expenditure is based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources."
  • Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at constant prices > Aggregate indicators > Net current transfers from abro: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
  • Local currency at constant prices > Expenditure on GDP > External balance on goods and ser: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.
  • Local currency at constant prices > Expenditure on GDP > Gross fixed capital formation: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency."
  • Local currency at constant prices > Other items > Gross domestic income > Constant LCU: Gross domestic income is derived as the sum of GDP and the terms of trade adjustment. Data are in constant local currency.
  • Local currency at constant prices > Value added > Agriculture > Value added > Constant LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Local currency at current prices > Expenditure on GDP > External balance on goods and serv: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
  • Shares of GDP and other > Exports > Goods and services > % of GDP: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • Shares of GDP and other > Gross savings > % of GNI: Gross savings are calculated as gross national income less total consumption, plus net transfers."
  • US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • US$ at constant 2000 prices > Expenditure on GDP > Gross national expenditure > Constant 2: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars."
  • US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2000 U.S. dollars."
  • US$ at current prices > Aggregate indicators > GDP > Current US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used."
  • US$ at current prices > Aggregate indicators > Net income from abroad > Current US$: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars."
STAT AMOUNT DATE RANK HISTORY
Growth rates > Household final > Consumption expenditure > Etc. > Annual % growth 2.1% 2007 92nd out of 113
Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU 21,180.99 2007 101st out of 179
Local currency at constant prices > Aggregate indicators > Net current transfers from abro 29.58 million 2007 74th out of 96
Local currency at constant prices > Expenditure on GDP > External balance on goods and ser -1,621,902,517.13 2007 50th out of 115
Local currency at constant prices > Expenditure on GDP > Gross fixed capital formation 2.75 billion 2007 103th out of 112
Local currency at constant prices > Other items > Gross domestic income > Constant LCU 7.11 billion 2007 113th out of 120
Local currency at constant prices > Value added > Agriculture > Value added > Constant LCU 87.35 million 2007 134th out of 146
Local currency at current prices > Expenditure on GDP > External balance on goods and serv -1,649,759,145.06 2007 80th out of 163
Shares of GDP and other > Exports > Goods and services > % of GDP 45.32% 2007 72nd out of 164
Shares of GDP and other > Gross savings > % of GNI 14.33% 2007 111th out of 137
US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $18,264.17 2007 31st out of 178
US$ at constant 2000 prices > Expenditure on GDP > Gross national expenditure > Constant 2 $7.44 billion 2007 89th out of 117
US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$ $351.61 million 2007 99th out of 132
US$ at current prices > Aggregate indicators > GDP > Current US$ $7.23 billion 2007 122nd out of 181
US$ at current prices > Aggregate indicators > Net income from abroad > Current US$ $-191,696,310.39 2007 79th out of 160

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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