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Economy of Bahamas vs Cambodia compared: GDP & Debt

Updated on by Georank team

The Bahamas has a GDP of $15.8B compared to $46.4B for Cambodia, ranking 140/197 and 97/197 by economy size, respectively.

The Bahamas has $11.5B in government debt (72.5% of GDP), compared to $12B (25.9% of GDP) in Cambodia.

Bahamas vs Cambodia GDP by year

Bahamas
Cambodia
1x
Year GDP, current $
Bahamas Cambodia
2024 $15,832,800,000 $46,352,647,037
2023 $15,271,300,000 $42,335,646,896
2022 $13,896,800,000 $39,994,532,960
2021 $12,037,000,000 $36,790,163,687
2020 $10,363,200,000 $34,818,073,901
2019 $13,277,000,000 $36,685,356,408
2018 $12,819,200,000 $33,145,892,169
2017 $12,446,900,000 $29,355,665,910
2016 $11,880,900,000 $26,556,545,153
2015 $11,837,600,000 $24,174,170,369
2014 $11,139,100,000 $22,041,463,968
2013 $10,475,300,000 $19,807,135,253
2012 $10,720,400,000 $17,826,536,700
2011 $10,070,450,000 $16,032,622,024
2010 $10,095,760,000 $13,808,673,288
2009 $9,981,960,000 $12,502,901,170
2008 $10,526,000,000 $12,174,303,999
2007 $10,618,340,000 $10,127,916,460
2006 $10,167,250,000 $8,350,531,017
2005 $9,836,200,000 $7,066,296,463
2004 $9,055,290,000 $5,883,297,160
2003 $8,870,090,000 $5,046,693,484
2002 $8,881,160,000 $4,501,227,627
2001 $8,317,830,000 $4,145,665,970
2000 $8,076,470,000 $3,694,168,979
1999 $7,683,870,000 $3,517,242,477
1998 $6,833,220,000 $3,120,425,503
1997 $6,332,360,000 $3,443,413,389
1996 $3,609,000,000 $3,506,695,720
1995 $3,429,000,000 $3,441,205,693
1994 $3,259,000,000 $2,791,435,272
1993 $3,092,000,000 $2,533,727,592
1992 $3,109,000,000 $2,491,486,594
1991 $3,111,160,000 $2,054,974,089
1990 $3,166,000,000 $1,402,541,177
1989 $3,062,000,000 $1,353,137,648
1988 $2,817,900,000 $1,662,877,859
1987 $2,713,999,900 $1,036,974,910
1986 $2,472,500,000 $1,167,630,318
1985 $2,320,699,900 $1,102,669,184
1984 $2,041,100,000 $1,021,176,059
1983 $1,732,800,000 $939,291,262
1982 $1,578,300,000 $865,516,040
1981 $1,426,500,000 $815,153,652
1980 $1,335,300,000 $744,384,130
1979 $1,139,800,100 $723,738,503
1978 $832,400,000 $766,642,356
1977 $713,000,000 $716,261,764
1976 $642,100,000 $790,357,255
1975 $596,200,000 $749,129,748
1974 $632,400,000 -
1973 $670,900,000 -
1972 $590,900,000 -
1971 $573,400,000 -
1970 $539,500,000 -
1969 $538,700,000 -
1968 $453,800,000 -
1967 $398,000,000 -
1966 $346,800,000 -
1965 $300,272,048 -
1964 $266,560,043 -
1963 $237,650,038 -
1962 $212,170,034 -
1961 $190,022,030 -
1960 $169,736,027 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahamas/cambodia | CC BY

GDP per capita in Bahamas vs Cambodia by year

Bahamas
GDP per capita

GDP per capita, PPP
Cambodia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Cambodia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $39,455 $41,198 $2,628 $7,967
2023 $38,232 $39,090 $2,430 $7,431
2022 $34,957 $36,791 $2,325 $6,919
2021 $30,368 $31,065 $2,167 $6,226
2020 $26,179 $27,205 $2,082 $5,942
2019 $33,640 $36,116 $2,226 $6,154
2018 $32,642 $35,228 $2,037 $5,617
2017 $31,875 $34,282 $1,826 $5,050
2016 $30,617 $32,285 $1,675 $4,748
2015 $30,719 $32,138 $1,547 $4,434
2014 $29,137 $31,726 $1,432 $4,118
2013 $27,643 $30,294 $1,306 $3,891
2012 $28,552 $31,036 $1,193 $3,583
2011 $27,091 $30,074 $1,089 $3,223
2010 $27,473 $29,625 $952 $2,989
2009 $27,513 $29,197 $876 $2,854
2008 $29,392 $30,679 $866 $2,769
2007 $30,052 $31,232 $732 $2,566
2006 $29,185 $30,402 $612 $2,297
2005 $28,602 $29,143 $526 $2,038
2004 $26,650 $27,660 $444 $1,770
2003 $26,429 $27,031 $387 $1,598
2002 $26,782 $27,171 $350 $1,442
2001 $25,372 $26,351 $328 $1,357
2000 $24,940 $25,422 $296.4 $1,256
1999 $24,041 $24,184 $286.8 $1,134
1998 $21,667 $22,556 $258.8 $1,009
1997 $20,368 $21,606 $297.6 $994
1996 $11,784 $21,287 $325 $1,006
1995 $11,375 $20,377 $343 $1,006
1994 $10,991 $19,441 $302 $972
1993 $10,613 $18,781 $294.1 $1,565
1992 $10,873 $18,636 $307 $1,560
1991 $11,082 $19,296 $267.3 $1,504
1990 $11,473 $19,817 $190.2 $1,410
1989 $11,291 - $191.3 -
1988 $10,576 - $244.1 -
1987 $10,361 - $158.1 -
1986 $9,601 - $185.8 -
1985 $9,167 - $182.4 -
1984 $8,202 - $174.7 -
1983 $7,081 - $166.7 -
1982 $6,559 - $159.2 -
1981 $6,029 - $154.3 -
1980 $5,743 - $143.2 -
1979 $4,994 - $142.2 -
1978 $3,720 - $147.1 -
1977 $3,253 - $126.4 -
1976 $2,993 - $128.8 -
1975 $2,841 - $113.8 -
1974 $3,080 - - -
1973 $3,341 - - -
1972 $3,014 - - -
1971 $3,004 - - -
1970 $2,916 - - -
1969 $3,027 - - -
1968 $2,668 - - -
1967 $2,453 - - -
1966 $2,239 - - -
1965 $2,030 - - -
1964 $1,883 - - -
1963 $1,759 - - -
1962 $1,651 - - -
1961 $1,555 - - -
1960 $1,459 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahamas/cambodia | CC BY

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $2,628 in Cambodia, ranking 145/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Cambodia ranks 142nd at $7,967.

Economic indicators

Bahamas Cambodia
Gross domestic product
$15.8B
2024
$46.4B
2024
GDP rank
140/197
2024
97/197
2024
GDP growth
3.38%
2023-2024
5.98%
2023-2024
GDP per capita
$39,455
2024
$2,628
2024
GDP per capita rank
30/197
2024
145/197
2024
GDP per capita, PPP
$41,198
2024
$7,967
2024
GDP per capita PPP rank
57/197
2024
142/197
2024
Government debt
$11.5B
2024
$12B
2024
Debt-to-GDP ratio
72.5%
2024
25.9%
2024
Government debt per person
$28,616
2024
$681
2024
Government debt per person rank
25/185
2024
156/185
2024
Average annual personal income after taxes
$29,535
2026
$2,258
2026
Government expenditure, % of GDP
20.6%
2024
17.3%
2024
Consumer prices inflation
0.41%
2023-2024
0.9%
2023-2024
Central bank interest rate
4%
2016
n/a
Unemployment rate
8.65%
2023
0.26%
2023
Population
405203
18113986

Spending and national debt comparison by year

Bahamas
Spending

Debt
Cambodia
Spending

Debt
1x
Year % of GDP
Bahamas Cambodia
Government spending Government debt Government spending Government debt
2024 20.6% 72.5% 17.3% 25.9%
2023 22.2% 74.8% 19.1% 26.3%
2022 23.9% 79.1% 18.7% 25.5%
2021 26.9% 84.5% 21% 25.9%
2020 28.2% 81.9% 20.3% 25.2%
2019 19.9% 59.3% 17.6% 20.8%
2018 19.2% 60.6% 16.1% 21.1%
2017 22.5% 53.4% 16.2% 22.6%
2016 19.4% 51% 15.2% 21.8%
2015 17.9% 48.5% 14.5% 23.3%
2014 17.6% 46.3% 16.5% 24.2%
2013 18.4% 44.8% 16.4% 24.4%
2012 16.5% 36.4% 17.1% 24.9%
2011 17.1% 35.3% 16.5% 23.8%
2010 15.3% 33.7% 17% 23.4%
2009 15.6% 30.9% 17% 23.7%
2008 14.4% 25.5% 13.1% 23%
2007 13.3% 23% 12.3% 25.1%
2006 13% 22.8% 11.3% 26.7%
2005 12.3% 22% 11% 31.7%
2004 12.4% 21.4% 12.6% 38.7%
2003 11.8% 20.9% 14.5% 39.8%
2002 11.3% 18.8% 16.1% 37.8%
2001 11.2% 18.2% 14.5% 33.5%
2000 11.3% 18.7% 14.9% 34.9%
1999 8.78% 18.7% 13.8% 34.6%
1998 11.6% 20% 13.4% 37.2%
1997 12.5% 20.8% 12.4% 31.4%
1996 11.2% 20.2% 15.7% 30.1%
1995 11.2% 20.5% - -
1994 11.4% 20.4% - -
1993 11.5% 19.8% - -
1992 11.8% 17.9% - -
1991 12% 15.4% - -
1990 11.4% 13.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/bahamas/cambodia | CC BY

In 2024, the Bahamas' government spending was $3.26B, accounting for 20.6% of its GDP, while Cambodia spent $8B, or 17.3% of GDP.

Debt-to-GDP ratio is 72.5% in the Bahamas and 25.9% in Cambodia, ranking 53/185 and 164/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Cambodia
1x
Year Deficit/surplus, % of GDP
Bahamas Cambodia
2024 -1.18% -2.67%
2023 -3.49% -2.83%
2022 -5.16% -0.29%
2021 -11.1% -5.18%
2020 -8.09% -2.53%
2019 -1.65% 2.19%
2018 -3.24% 0.28%
2017 -5.92% -0.76%
2016 -2.61% -0.29%
2015 -3.24% -0.65%
2014 -4.38% -1.24%
2013 -5.16% -2.01%
2012 -3.15% -3.57%
2011 -2.87% -3.76%
2010 -2.56% -3.09%
2009 -2.45% -3.98%
2008 -0.83% 0.43%
2007 -0.76% 0.62%
2006 -0.43% -0.15%
2005 -1.11% -0.34%
2004 -1.93% -3.23%
2003 -1.63% -5.69%
2002 -1.62% -6.07%
2001 0.3% -4.95%
2000 0.09% -4.76%
1999 1.68% -3.79%
1998 -0.41% -5.35%
1997 -1.56% -3.7%
1996 -0.15% -7.53%
1995 0.18% -
1994 -0.39% -
1993 -1.05% -
1992 -2.23% -
1991 -2.29% -
1990 -2.64% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/bahamas/cambodia | CC BY

In 2024, the Bahamas' government deficit, the difference between spending and revenue, was $187M, equivalent to 1.18% of GDP. This compares to Cambodia's deficit of $1.24B, or 2.67% of GDP.

Over the past 29 years, the Bahamas recorded a fiscal deficit in 26 of those years, while Cambodia ran a deficit in 25 years. On average, the Bahamas posted an annual deficit equal to 2.57% of GDP, compared to deficit of 2.58% of GDP for Cambodia.

Inflation comparison by year

Inflation
Bahamas

Cambodia
1x
Year Consumer prices inflation
Bahamas Cambodia
2024 0.41% 0.9%
2023 3.05% 2.1%
2022 5.61% 5.3%
2021 2.9% 2.9%
2020 0.04% 2.9%
2019 2.49% 2%
2018 2.27% 2.4%
2017 1.52% 2.9%
2016 -0.35% 3%
2015 1.86% 1.2%
2014 1.51% 3.9%
2013 0.72% 2.9%
2012 1.97% 2.9%
2011 3.2% 5.5%
2010 1.34% 4%
2009 2.06% -0.7%
2008 4.49% 25%
2007 2.49% 7.7%
2006 2.39% 6.1%
2005 1.59% 6.3%
2004 0.98% 3.9%
2003 3.03% 1%
2002 2.17% 0%
2001 2.04% -0.1%
2000 1.61% -0.8%
1999 1.25% 2%
1998 1.34% 12.9%
1997 0.54% 10.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahamas/cambodia | CC BY

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 4.24% in Cambodia. In 2024, inflation was 0.41% in the Bahamas and 0.9% in Cambodia.

Top exports between countries

Bahamas
Export category Export value
Cambodia
Export category Export value
Textiles & consumer goods $4K

Balance of trade

Bahamas Cambodia
Current account balance
-$1.05B
2024
$228M
2024
Current account balance ranking
127/190
2024
65/190
2024
Current account balance, % of GDP
-6.65%
2024
+0.49%
2024
Goods imports
$4.6B
2024
$31.2B
2024
Goods exports
$874M
2024
$26.8B
2024
Service imports
$2.47B
2024
$3.08B
2024
Service exports
$5.9B
2024
$4.97B
2024
Imports of goods and services, % of GDP
41.5%
2024
72.1%
2024
Exports of goods and services, % of GDP
37.8%
2024
71.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Bahamas Cambodia
Economic freedom 65.1 58.7
Economic freedom ranking 66/197 108/197
Property rights 62.7 38.1
Government integrity 67.1 18.9
Judicial effectiveness 79.8 21.2
Tax burden 96.1 90.3
Government spending 83.8 89.9
Fiscal health 9.1 92.7
Business freedom 69.4 60.8
Labor freedom 66.5 48.3
Monetary freedom 77.2 77
Trade freedom 59.4 67.8
Investment freedom 50 50
Financial freedom 60 50

Economic freedom comparison by year

Bahamas
Cambodia
1x
Year Economic freedom index
Bahamas Cambodia
2026 65.1 58.7
2025 63.2 58.2
2024 62.5 55.6
2023 62.6 56.5
2022 68.7 57.1
2021 64.6 57.3
2020 64.5 57.3
2019 62.9 57.8
2018 63.3 58.7
2017 61.1 59.5
2016 70.9 57.9
2015 68.7 57.5
2014 69.8 57.4
2013 70.1 58.5
2012 68 57.6
2011 68 57.9
2010 67.3 56.6
2009 70.3 56.6
2008 71.1 55.9
2007 72 55.9
2006 72.3 56.7
2005 72.6 60
2004 72.1 61.1
2003 73.5 63.7
2002 74.4 60.7
2001 74.8 59.6
2000 73.9 59.3
1999 74.7 59.9
1998 74.5 59.8
1997 74.5 52.8
1996 74 -
1995 71.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/bahamas/cambodia | CC BY

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 58.7 for Cambodia, ranking 108/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Cambodia
Services, % of GDP
77.2%
2024
35.6%
2024
Industry, % of GDP
9.63%
2024
41.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
16.6%
2024
GNI, Atlas method
$14.9B
2024
$44.9B
2024
GNI per capita, PPP
$39,550
2024
$7,910
2024
Total reserves including gold
$2.51B
2023
$22.5B
2024
Total reserves ranking
122/177
2023
58/177
2024
Net foreign direct investment
-$77.6M
2024
-$4.22B
2024
Net inflows of foreign direct investment
$241M
2024
$4.39B
2024
Net outflows of foreign direct investment
$163M
2024
$172M
2024
Servicing debt to the IMF, % of GNI n/a
7.41%
2024
Poverty at national poverty lines
9.3%
2020
17.7%
2012
Gross capital formation, % of GDP
26.8%
2024
32.2%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/bahamas/cambodia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  8. TradeMap (2024, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.