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Economy of Bahamas vs Gabon compared: GDP & Debt

Updated on by Georank

The Bahamas has a GDP of $15.8B compared to $21.4B for Gabon, ranking 145/197 and 132/197 by economy size, respectively.

The Bahamas has $11.7B in government debt (73.8% of GDP), compared to $16.9B (78.9% of GDP) in Gabon.

Bahamas vs Gabon GDP by year

Bahamas
Gabon
1x
Year GDP, current $
Bahamas Gabon
2025 - $21,427,119,323
2024 $15,832,800,000 $20,895,684,426
2023 $15,271,300,000 $19,388,372,071
2022 $13,896,800,000 $20,440,655,695
2021 $12,037,000,000 $19,444,935,097
2020 $10,363,200,000 $15,342,236,164
2019 $13,277,000,000 $16,874,405,465
2018 $12,819,200,000 $16,867,326,402
2017 $12,446,900,000 $14,929,487,485
2016 $11,880,900,000 $14,023,890,265
2015 $11,837,600,000 $14,383,107,763
2014 $11,139,100,000 $18,203,966,896
2013 $10,475,300,000 $17,595,744,798
2012 $10,720,400,000 $17,170,464,016
2011 $10,070,450,000 $18,210,307,744
2010 $10,095,760,000 $14,372,593,020
2009 $9,981,960,000 $12,113,699,068
2008 $10,526,000,000 $15,571,348,344
2007 $10,618,340,000 $12,455,409,587
2006 $10,167,250,000 $10,327,598,306
2005 $9,836,200,000 $9,582,783,991
2004 $9,055,290,000 $7,770,219,008
2003 $8,870,090,000 $6,511,903,365
2002 $8,881,160,000 $5,335,451,100
2001 $8,317,830,000 $5,023,265,413
2000 $8,076,470,000 $5,080,483,629
1999 $7,683,870,000 $4,662,992,036
1998 $6,833,220,000 $4,483,417,310
1997 $6,332,360,000 $5,326,817,115
1996 $3,609,000,000 $5,694,040,003
1995 $3,429,000,000 $4,958,845,648
1994 $3,259,000,000 $4,190,819,344
1993 $3,092,000,000 $4,378,645,081
1992 $3,109,000,000 $5,592,390,827
1991 $3,111,160,000 $5,402,919,785
1990 $3,166,000,000 $5,952,293,765
1989 $3,062,000,000 $4,186,411,464
1988 $2,817,900,000 $3,834,503,376
1987 $2,713,999,900 $3,281,797,043
1986 $2,472,500,000 $3,403,638,189
1985 $2,320,699,900 $3,339,914,757
1984 $2,041,100,000 $3,561,451,561
1983 $1,732,800,000 $3,391,275,732
1982 $1,578,300,000 $3,618,007,841
1981 $1,426,500,000 $3,862,269,121
1980 $1,335,300,000 $4,279,637,942
1979 $1,139,800,100 $3,030,251,120
1978 $832,400,000 $2,389,479,272
1977 $713,000,000 $2,809,349,069
1976 $642,100,000 $3,009,409,974
1975 $596,200,000 $2,157,592,940
1974 $632,400,000 $1,544,216,002
1973 $670,900,000 $722,780,701
1972 $590,900,000 $430,508,359
1971 $573,400,000 $381,687,073
1970 $539,500,000 $323,802,476
1969 $538,700,000 $318,124,701
1968 $453,800,000 $294,468,564
1967 $398,000,000 $271,543,680
1966 $346,800,000 $245,849,781
1965 $300,272,048 $226,474,286
1964 $266,560,043 $215,679,855
1963 $237,650,038 $154,480,244
1962 $212,170,034 $182,796,536
1961 $190,022,030 $167,637,907
1960 $169,736,027 $141,468,978

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bahamas vs Gabon by year

Bahamas
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $8,263 -
2024 $39,455 $41,198 $8,230 $21,510
2023 $38,232 $39,090 $7,803 $20,756
2022 $34,957 $36,791 $8,409 $19,993
2021 $30,368 $31,065 $8,181 $18,524
2020 $26,179 $27,205 $6,606 $14,477
2019 $33,640 $36,116 $7,441 $15,950
2018 $32,642 $35,228 $7,624 $15,432
2017 $31,875 $34,282 $6,922 $14,797
2016 $30,617 $32,285 $6,677 $13,998
2015 $30,719 $32,138 $7,047 $14,306
2014 $29,137 $31,726 $9,201 $14,854
2013 $27,643 $30,294 $9,198 $14,498
2012 $28,552 $31,036 $9,297 $14,620
2011 $27,091 $30,074 $10,219 $14,784
2010 $27,473 $29,625 $8,357 $14,015
2009 $27,513 $29,197 $7,291 $13,384
2008 $29,392 $30,679 $9,689 $13,734
2007 $30,052 $31,232 $8,004 $14,391
2006 $29,185 $30,402 $6,847 $13,637
2005 $28,602 $29,143 $6,548 $14,028
2004 $26,650 $27,660 $5,466 $13,638
2003 $26,429 $27,031 $4,711 $13,564
2002 $26,782 $27,171 $3,966 $13,369
2001 $25,372 $26,351 $3,836 $13,556
2000 $24,940 $25,422 $3,983 $13,326
1999 $24,041 $24,184 $3,751 $13,629
1998 $21,667 $22,556 $3,700 $15,138
1997 $20,368 $21,606 $4,509 $14,837
1996 $11,784 $21,287 $4,943 $14,147
1995 $11,375 $20,377 $4,415 $13,750
1994 $10,991 $19,441 $3,828 $13,164
1993 $10,613 $18,781 $4,106 $12,757
1992 $10,873 $18,636 $5,386 $12,312
1991 $11,082 $19,296 $5,345 $12,760
1990 $11,473 $19,817 $6,051 $11,952
1989 $11,291 - $4,374 -
1988 $10,576 - $4,119 -
1987 $10,361 - $3,624 -
1986 $9,601 - $3,865 -
1985 $9,167 - $3,898 -
1984 $8,202 - $4,273 -
1983 $7,081 - $4,182 -
1982 $6,559 - $4,584 -
1981 $6,029 - $5,026 -
1980 $5,743 - $5,718 -
1979 $4,994 - $4,155 -
1978 $3,720 - $3,360 -
1977 $3,253 - $4,048 -
1976 $2,993 - $4,441 -
1975 $2,841 - $3,258 -
1974 $3,080 - $2,384 -
1973 $3,341 - $1,140 -
1972 $3,014 - $693 -
1971 $3,004 - $627 -
1970 $2,916 - $543 -
1969 $3,027 - $545 -
1968 $2,668 - $515 -
1967 $2,453 - $482 -
1966 $2,239 - $443 -
1965 $2,030 - $415 -
1964 $1,883 - $400 -
1963 $1,759 - $290.7 -
1962 $1,651 - $348 -
1961 $1,555 - $323 -
1960 $1,459 - $276.1 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $8,263 in Gabon, ranking 96/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Gabon ranks 90th at $21,510.

Economic indicators

Bahamas Gabon
Gross domestic product
$15.8B
2024
$21.4B
2025
GDP rank
145/197
2024
132/197
2025
GDP growth
3.38%
2023-2024
2.47%
2024-2025
GDP per capita
$39,455
2024
$8,263
2025
GDP per capita rank
30/197
2024
96/197
2025
GDP per capita, PPP
$41,198
2024
$21,510
2024
GDP per capita PPP rank
57/197
2024
90/197
2024
Government debt
$11.7B
2024
$16.9B
2025
Debt-to-GDP ratio
73.8%
2025
78.9%
2025
Government debt per person
$29,123
2024
$6,521
2025
Government debt per person rank
25/185
2024
74/185
2025
Average annual personal income after taxes
$36,621
2026
$5,617
2026
Income share by richest 10% n/a
27.7%
2017
Income share by poorest 10% n/a
2.2%
2017
Government expenditure, % of GDP
21.5%
2025
28.6%
2025
Consumer prices inflation
0.41%
2023-2024
1.77%
2024-2025
Central bank interest rate
4%
2016
n/a
Unemployment rate
10.3%
2023
17.4%
2024
Population
405486
2676097

Spending and national debt comparison by year

Bahamas
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Bahamas Gabon
Government spending Government debt Government spending Government debt
2025 21.5% 73.8% 28.6% 78.9%
2024 21% 73.8% 24.8% 70.9%
2023 23.2% 78.3% 21.5% 70.6%
2022 25.6% 84.7% 19.7% 65.6%
2021 28.9% 90.7% 17.3% 72.9%
2020 24.8% 71.9% 19.8% 83%
2019 20.3% 60.3% 17.4% 59.8%
2018 19.4% 61.5% 17.1% 62.3%
2017 23.1% 54.6% 18.1% 62.9%
2016 19.4% 51.1% 21.8% 64.5%
2015 18.4% 49.9% 22.3% 44.7%
2014 18.1% 47.7% 23.8% 34.1%
2013 18.1% 44.2% 34.7% 31.1%
2012 17% 37.6% 23.9% 21.4%
2011 17.1% 35.3% 22.1% 21.4%
2010 15.4% 33.9% 23.1% 21.3%
2009 15.2% 30.1% 22.6% 26%
2008 14.3% 25.3% 18.9% 20.1%
2007 13.6% 23.5% 19.4% 39.2%
2006 13.2% 23.2% 21.1% 34.9%
2005 12.9% 23% 20.8% 41.7%
2004 12.5% 21.6% 20.9% 60.3%
2003 11.8% 20.8% 21.2% 70.2%
2002 11.6% 19.4% 25.7% 81.1%
2001 11.4% 18.5% 27.8% 81%
2000 11.6% 19.2% 20.3% 72.5%
1999 9.3% 19.8% 25.5% 73.1%
1998 12% 20.8% 45.5% 87.6%
1997 12.9% 21.5% 29.7% 57%
1996 11.5% 20.7% 22.2% 64.5%
1995 11.5% 21% 25.1% 73.4%
1994 11.7% 20.9% 23.9% 71.3%
1993 11.5% 19.7% 26.9% 90.1%
1992 11.8% 17.9% 26.5% 87.9%
1991 11.9% 15.3% 25.1% 89.3%
1990 11.4% 13.2% 22.6% 90%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, the Bahamas' government spending was $3.32B, accounting for 21.5% of its GDP, while Gabon spent $6.14B, or 28.6% of GDP.

Debt-to-GDP ratio is 73.8% in the Bahamas and 78.9% in Gabon, ranking 52/185 and 44/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Gabon
1x
Year Deficit/surplus, % of GDP
Bahamas Gabon
2025 -0.49% -8.47%
2024 -1.2% -3.3%
2023 -3.65% 1.79%
2022 -5.53% -0.89%
2021 -11.9% -1.93%
2020 -7.11% -2.19%
2019 -1.68% 2.13%
2018 -3.28% -0.21%
2017 -6.05% -1.7%
2016 -2.61% -4.71%
2015 -3.34% -1.12%
2014 -4.51% 5.98%
2013 -5.1% -3.07%
2012 -3.25% 6.2%
2011 -2.87% 1.41%
2010 -2.57% 2.7%
2009 -2.39% 6.77%
2008 -0.82% 11%
2007 -0.77% 8.06%
2006 -0.44% 8.67%
2005 -1.16% 7.98%
2004 -1.95% 6.99%
2003 -1.63% 7.75%
2002 -1.67% 3.72%
2001 0.3% 4.07%
2000 0.09% 11.1%
1999 1.78% 1.11%
1998 -0.43% -13.1%
1997 -1.6% 1.41%
1996 -0.15% 2.12%
1995 0.18% 2.64%
1994 -0.4% -1.53%
1993 -1.05% -5.35%
1992 -2.23% -4.9%
1991 -2.27% -2.03%
1990 -2.64% -3.83%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2024, the Bahamas' government deficit, the difference between spending and revenue, was $190M, equivalent to 1.2% of GDP. This compares to Gabon's deficit of $689M, or 3.3% of GDP.

Over the past 35 years, the Bahamas recorded a fiscal deficit in 31 of those years, while Gabon ran a deficit in 15 years. On average, the Bahamas posted an annual deficit equal to 2.4% of GDP, compared to surplus of 1.54% of GDP for Gabon.

Inflation comparison by year

Inflation
Bahamas

Gabon
1x
Year Consumer prices inflation
Bahamas Gabon
2025 - 1.77%
2024 0.41% 1.17%
2023 3.05% 3.63%
2022 5.61% 4.23%
2021 2.9% 1.09%
2020 0.04% 1.35%
2019 2.49% 2.46%
2018 2.27% 4.75%
2017 1.52% 2.65%
2016 -0.35% 2.11%
2015 1.86% -0.34%
2014 1.51% 4.69%
2013 0.72% 0.51%
2012 1.97% 2.65%
2011 3.2% 1.26%
2010 1.34% 1.46%
2009 2.06% 1.89%
2008 4.49% 5.26%
2007 2.49% 5.03%
2006 2.39% -1.41%
2005 1.59% 3.71%
2004 0.98% 0.41%
2003 3.03% 2.24%
2002 2.17% 0.04%
2001 2.04% 2.14%
2000 1.61% 0.5%
1999 1.25% -1.94%
1998 1.34% 1.45%
1997 0.54% 3.97%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 2.03% in Gabon. In 2024, inflation was 0.41% in the Bahamas and 1.77% in Gabon.

Top exports between countries

Bahamas
Export category Export value
Gabon
Export category Export value
Machinery & equipment $235M
Raw materials & minerals $61.8M
Metals $2.8M

Balance of trade

Bahamas Gabon
Current account balance
-$1.05B
2024
$141M
2015
Current account balance ranking
120/190
2024
61/190
2015
Current account balance, % of GDP
-6.65%
2024
+0.98%
2015
Goods imports
$4.6B
2024
$3.17B
2015
Goods exports
$874M
2024
$5.11B
2015
Service imports
$2.47B
2024
$1.88B
2015
Service exports
$5.9B
2024
$277M
2015
Imports of goods and services, % of GDP
41.5%
2024
29.4%
2025
Exports of goods and services, % of GDP
37.8%
2024
55.5%
2025

Economic freedom indices

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

Bahamas Gabon
Economic freedom 65.1 56.6
Economic freedom ranking 66/197 120/197
Property rights 62.7 30
Government integrity 67.1 22.6
Judicial effectiveness 79.8 19.9
Tax burden 96.1 76.5
Government spending 83.8 85.5
Fiscal health 9.1 87.9
Business freedom 69.4 63.6
Labor freedom 66.5 55.4
Monetary freedom 77.2 80.9
Trade freedom 59.4 57.4
Investment freedom 50 60
Financial freedom 60 40

Economic freedom comparison by year

Bahamas
Gabon
1x
Year Economic freedom index
Bahamas Gabon
2026 65.1 56.6
2025 63.2 56.3
2024 62.5 56.9
2023 62.6 56.1
2022 68.7 55.8
2021 64.6 58.1
2020 64.5 56.7
2019 62.9 56.3
2018 63.3 58
2017 61.1 58.6
2016 70.9 59
2015 68.7 58.3
2014 69.8 57.8
2013 70.1 57.8
2012 68 56.4
2011 68 56.7
2010 67.3 55.4
2009 70.3 55
2008 71.1 54.2
2007 72 54.8
2006 72.3 56.1
2005 72.6 54.8
2004 72.1 57.1
2003 73.5 58.7
2002 74.4 58
2001 74.8 55
2000 73.9 58.2
1999 74.7 60.5
1998 74.5 59.2
1997 74.5 58.8
1996 74 55.7
1995 71.8 57.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Gabon
Services, % of GDP
77.2%
2024
42.3%
2025
Industry, % of GDP
9.63%
2024
47.2%
2025
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
6.75%
2025
GNI, Atlas method
$14.9B
2024
$21B
2025
GNI per capita, PPP
$39,610
2024
$21,660
2025
Total reserves including gold
$2.63B
2024
$639M
2024
Total reserves ranking
123/177
2024
150/177
2024
Net foreign direct investment
-$77.6M
2024
-$25.3M
2015
Net inflows of foreign direct investment
$241M
2024
$1.14B
2024
Net outflows of foreign direct investment
$163M
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI n/a
5.62%
2024
Poverty at national poverty lines
9.3%
2020
33.4%
2017
Gross capital formation, % of GDP
26.8%
2024
24.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2023, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.