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Economy of Bahamas vs Mauritius compared: GDP & Debt

Updated on by Georank team

The Bahamas has a GDP of $15.8B compared to $14.9B for Mauritius, ranking 140/197 and 143/197 by economy size, respectively.

The Bahamas has $11.5B in government debt (72.5% of GDP), compared to $13.6B (91.1% of GDP) in Mauritius.

Bahamas vs Mauritius GDP by year

Bahamas
Mauritius
1x
Year GDP, current $
Bahamas Mauritius
2024 $15,832,800,000 $14,937,861,786
2023 $15,271,300,000 $14,072,212,290
2022 $13,896,800,000 $12,936,444,123
2021 $12,037,000,000 $11,622,048,697
2020 $10,363,200,000 $11,566,111,138
2019 $13,277,000,000 $14,645,235,205
2018 $12,819,200,000 $14,957,535,716
2017 $12,446,900,000 $13,896,938,315
2016 $11,880,900,000 $12,757,680,847
2015 $11,837,600,000 $12,162,211,503
2014 $11,139,100,000 $13,230,490,082
2013 $10,475,300,000 $12,434,596,541
2012 $10,720,400,000 $11,832,323,837
2011 $10,070,450,000 $11,677,718,382
2010 $10,095,760,000 $10,144,716,155
2009 $9,981,960,000 $9,264,513,545
2008 $10,526,000,000 $10,127,777,060
2007 $10,618,340,000 $8,277,442,915
2006 $10,167,250,000 $7,137,710,413
2005 $9,836,200,000 $6,576,108,447
2004 $9,055,290,000 $6,667,418,752
2003 $8,870,090,000 $5,894,873,920
2002 $8,881,160,000 $4,906,494,249
2001 $8,317,830,000 $4,675,755,867
2000 $8,076,470,000 $4,726,108,622
1999 $7,683,870,000 $4,402,193,195
1998 $6,833,220,000 $4,225,813,976
1997 $6,332,360,000 $4,243,755,308
1996 $3,609,000,000 $4,481,489,762
1995 $3,429,000,000 $4,094,741,652
1994 $3,259,000,000 $3,606,050,873
1993 $3,092,000,000 $3,307,302,126
1992 $3,109,000,000 $3,267,677,814
1991 $3,111,160,000 $2,895,354,736
1990 $3,166,000,000 $2,689,212,760
1989 $3,062,000,000 $2,211,312,823
1988 $2,817,900,000 $2,163,252,449
1987 $2,713,999,900 $1,906,174,438
1986 $2,472,500,000 $1,482,601,552
1985 $2,320,699,900 $1,090,611,325
1984 $2,041,100,000 $1,054,564,759
1983 $1,732,800,000 $1,104,956,573
1982 $1,578,300,000 $1,092,923,636
1981 $1,426,500,000 $1,157,769,444
1980 $1,335,300,000 $1,147,027,924
1979 $1,139,800,100 $1,227,446,632
1978 $832,400,000 $1,029,040,323
1977 $713,000,000 $834,722,972
1976 $642,100,000 $713,510,052
1975 $596,200,000 $673,311,287
1974 $632,400,000 $669,894,030
1973 $670,900,000 $404,285,775
1972 $590,900,000 $318,664,900
1971 $573,400,000 $251,437,338
1970 $539,500,000 $224,125,805
1969 $538,700,000 $221,553,613
1968 $453,800,000 $206,576,631
1967 $398,000,000 $238,439,291
1966 $346,800,000 $227,534,083
1965 $300,272,048 $230,024,161
1964 $266,560,043 $218,914,569
1963 $237,650,038 $253,839,558
1962 $212,170,034 $197,738,208
1961 $190,022,030 $191,757,729
1960 $169,736,027 $162,089,564

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

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

GDP per capita in Bahamas vs Mauritius by year

Bahamas
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $39,455 $41,198 $11,991 $31,840
2023 $38,232 $39,090 $11,270 $29,561
2022 $34,957 $36,791 $10,247 $26,874
2021 $30,368 $31,065 $9,178 $23,010
2020 $26,179 $27,205 $9,136 $21,622
2019 $33,640 $36,116 $11,568 $24,375
2018 $32,642 $35,228 $11,819 $23,416
2017 $31,875 $34,282 $10,987 $22,898
2016 $30,617 $32,285 $10,095 $21,952
2015 $30,719 $32,138 $9,631 $20,270
2014 $29,137 $31,726 $10,490 $19,294
2013 $27,643 $30,294 $9,877 $18,435
2012 $28,552 $31,036 $9,422 $17,259
2011 $27,091 $30,074 $9,324 $16,884
2010 $27,473 $29,625 $8,113 $15,920
2009 $27,513 $29,197 $7,427 $15,105
2008 $29,392 $30,679 $8,141 $14,569
2007 $30,052 $31,232 $6,677 $13,612
2006 $29,185 $30,402 $5,784 $12,593
2005 $28,602 $29,143 $5,354 $11,703
2004 $26,650 $27,660 $5,461 $11,216
2003 $26,429 $27,031 $4,858 $10,535
2002 $26,782 $27,171 $4,073 $9,824
2001 $25,372 $26,351 $3,909 $9,586
2000 $24,940 $25,422 $3,982 $9,143
1999 $24,041 $24,184 $3,746 $8,344
1998 $21,667 $22,556 $3,642 $8,121
1997 $20,368 $21,606 $3,696 $7,651
1996 $11,784 $21,287 $3,952 $7,206
1995 $11,375 $20,377 $3,648 $6,771
1994 $10,991 $19,441 $3,240 $6,414
1993 $10,613 $18,781 $3,014 $6,116
1992 $10,873 $18,636 $3,013 $5,753
1991 $11,082 $19,296 $2,705 $5,351
1990 $11,473 $19,817 $2,540 $5,010
1989 $11,291 - $2,103 -
1988 $10,576 - $2,074 -
1987 $10,361 - $1,840 -
1986 $9,601 - $1,442 -
1985 $9,167 - $1,069 -
1984 $8,202 - $1,042 -
1983 $7,081 - $1,103 -
1982 $6,559 - $1,101 -
1981 $6,029 - $1,181 -
1980 $5,743 - $1,187 -
1979 $4,994 - $1,292 -
1978 $3,720 - $1,102 -
1977 $3,253 - $906 -
1976 $2,993 - $787 -
1975 $2,841 - $755 -
1974 $3,080 - $763 -
1973 $3,341 - $467 -
1972 $3,014 - $374 -
1971 $3,004 - $299.6 -
1970 $2,916 - $271.3 -
1969 $3,027 - $272.7 -
1968 $2,668 - $258.7 -
1967 $2,453 - $304 -
1966 $2,239 - $296 -
1965 $2,030 - $305 -
1964 $1,883 - $297.3 -
1963 $1,759 - $353 -
1962 $1,651 - $282.3 -
1961 $1,555 - $281.7 -
1960 $1,459 - $238.3 -

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

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

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Mauritius ranks 71st at $31,840.

Economic indicators

Bahamas Mauritius
Gross domestic product
$15.8B
2024
$14.9B
2024
GDP rank
140/197
2024
143/197
2024
GDP growth
3.38%
2023-2024
4.93%
2023-2024
GDP per capita
$39,455
2024
$11,991
2024
GDP per capita rank
30/197
2024
78/197
2024
GDP per capita, PPP
$41,198
2024
$31,840
2024
GDP per capita PPP rank
57/197
2024
71/197
2024
Government debt
$11.5B
2024
$13.6B
2024
Debt-to-GDP ratio
72.5%
2024
91.1%
2024
Government debt per person
$28,616
2024
$10,929
2024
Government debt per person rank
25/185
2024
54/185
2024
Average annual personal income after taxes
$29,535
2026
$7,203
2026
Market capitalization of domestic companies n/a
$9.12B
2024
Income share by richest 10% n/a
29.9%
2017
Income share by poorest 10% n/a
2.9%
2017
Government expenditure, % of GDP
20.6%
2024
33.7%
2024
Consumer prices inflation
0.41%
2023-2024
3.6%
2023-2024
Central bank interest rate
4%
2016
4.5%
2025
Unemployment rate
8.65%
2023
5.21%
2024
Population
405203
1240121

Spending and national debt comparison by year

Bahamas
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Bahamas Mauritius
Government spending Government debt Government spending Government debt
2024 20.6% 72.5% 33.7% 91.1%
2023 22.2% 74.8% 29.9% 85.6%
2022 23.9% 79.1% 29.4% 86.9%
2021 26.9% 84.5% 30.8% 93.8%
2020 28.2% 81.9% 32.6% 93.4%
2019 19.9% 59.3% 27.8% 74.6%
2018 19.2% 60.6% 24.3% 64.1%
2017 22.5% 53.4% 24.3% 63%
2016 19.4% 51% 24% 64.3%
2015 17.9% 48.5% 24.5% 65%
2014 17.6% 46.3% 23% 60.6%
2013 18.4% 44.8% 24.1% 58.2%
2012 16.5% 36.4% 22.5% 55.9%
2011 17.1% 35.3% 23.7% 56.5%
2010 15.3% 33.7% 24% 56.4%
2009 15.6% 30.9% 25.2% 58.4%
2008 14.4% 25.5% 22.7% 49.4%
2007 13.3% 23% 21.5% 51.6%
2006 13% 22.8% 22.2% 59.3%
2005 12.3% 22% 23% 61.7%
2004 12.4% 21.4% 22.6% 61.1%
2003 11.8% 20.9% 23.4% 70.8%
2002 11.3% 18.8% 23.3% 66.7%
2001 11.2% 18.2% 22.4% 60.5%
2000 11.3% 18.7% 22.2% 59.7%
1999 8.78% 18.7% 27.5% -
1998 11.6% 20% 26.6% -
1997 12.5% 20.8% 27.5% -
1996 11.2% 20.2% 27.4% -
1995 11.2% 20.5% 27.3% -
1994 11.4% 20.4% 27.5% -
1993 11.5% 19.8% 24.5% -
1992 11.8% 17.9% 26.8% -
1991 12% 15.4% 27.2% -
1990 11.4% 13.2% 30.2% -

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

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

In 2024, the Bahamas' government spending was $3.26B, accounting for 20.6% of its GDP, while Mauritius spent $5.03B, or 33.7% of GDP.

Debt-to-GDP ratio is 72.5% in the Bahamas and 91.1% in Mauritius, ranking 53/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Mauritius
1x
Year Deficit/surplus, % of GDP
Bahamas Mauritius
2024 -1.18% -7.47%
2023 -3.49% -4.7%
2022 -5.16% -3.34%
2021 -11.1% -4.45%
2020 -8.09% -10.6%
2019 -1.65% -7.53%
2018 -3.24% -2.19%
2017 -5.92% -1.66%
2016 -2.61% -2.81%
2015 -3.24% -3.59%
2014 -4.38% -3.13%
2013 -5.16% -3.4%
2012 -3.15% -1.78%
2011 -2.87% -3.09%
2010 -2.56% -3.07%
2009 -2.45% -3.41%
2008 -0.83% -2.66%
2007 -0.76% -3.09%
2006 -0.43% -4.14%
2005 -1.11% -4.44%
2004 -1.93% -4.34%
2003 -1.63% -4.82%
2002 -1.62% -5.18%
2001 0.3% -5.53%
2000 0.09% -4.4%
1999 1.68% -
1998 -0.41% -
1997 -1.56% -
1996 -0.15% -
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/mauritius | 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 Mauritius' deficit of $1.12B, or 7.47% of GDP.

Over the past 25 years, the Bahamas recorded a fiscal deficit in 23 of those years, while Mauritius ran a deficit in 25 years. On average, the Bahamas posted an annual deficit equal to 2.97% of GDP, compared to deficit of 4.19% of GDP for Mauritius.

Inflation comparison by year

Inflation
Bahamas

Mauritius
1x
Year Consumer prices inflation
Bahamas Mauritius
2024 0.41% 3.6%
2023 3.05% 7.05%
2022 5.61% 10.8%
2021 2.9% 4.03%
2020 0.04% 2.58%
2019 2.49% 0.41%
2018 2.27% 3.22%
2017 1.52% 3.67%
2016 -0.35% 0.98%
2015 1.86% 1.29%
2014 1.51% 3.22%
2013 0.72% 3.54%
2012 1.97% 3.85%
2011 3.2% 6.52%
2010 1.34% 2.93%
2009 2.06% 2.52%
2008 4.49% 9.73%
2007 2.49% 8.83%
2006 2.39% 8.91%
2005 1.59% 4.94%
2004 0.98% 4.71%
2003 3.03% 3.92%
2002 2.17% 6.42%
2001 2.04% 5.39%
2000 1.61% 4.2%
1999 1.25% 6.91%
1998 1.34% 6.81%
1997 0.54% 6.83%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 4.92% in Mauritius. In 2024, inflation was 0.41% in the Bahamas and 3.6% in Mauritius.

Top exports between countries

Bahamas
Export category Export value
Mauritius
Export category Export value
Metals $12K

Balance of trade

Bahamas Mauritius
Current account balance
-$1.05B
2024
-$1.05B
2024
Current account balance ranking
127/190
2024
126/190
2024
Current account balance, % of GDP
-6.65%
2024
-7.03%
2024
Goods imports
$4.6B
2024
$6.35B
2024
Goods exports
$874M
2024
$2.37B
2024
Service imports
$2.47B
2024
$2.28B
2024
Service exports
$5.9B
2024
$4.19B
2024
Imports of goods and services, % of GDP
41.5%
2024
78.3%
2024
Exports of goods and services, % of GDP
37.8%
2024
67.1%
2024

Economic freedom indices

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

Bahamas Mauritius
Economic freedom 65.1 73
Economic freedom ranking 66/197 26/197
Property rights 62.7 83.9
Government integrity 67.1 53.4
Judicial effectiveness 79.8 80.7
Tax burden 96.1 89.6
Government spending 83.8 73.8
Fiscal health 9.1 45.5
Business freedom 69.4 81.5
Labor freedom 66.5 69.6
Monetary freedom 77.2 70.7
Trade freedom 59.4 87
Investment freedom 50 70
Financial freedom 60 70

Economic freedom comparison by year

Bahamas
Mauritius
1x
Year Economic freedom index
Bahamas Mauritius
2026 65.1 73
2025 63.2 75
2024 62.5 71.5
2023 62.6 70.6
2022 68.7 70.9
2021 64.6 77
2020 64.5 74.9
2019 62.9 73
2018 63.3 75.1
2017 61.1 74.7
2016 70.9 74.7
2015 68.7 76.4
2014 69.8 76.5
2013 70.1 76.9
2012 68 77
2011 68 76.2
2010 67.3 76.3
2009 70.3 74.3
2008 71.1 72.6
2007 72 69.4
2006 72.3 67.4
2005 72.6 67.2
2004 72.1 64.3
2003 73.5 64.4
2002 74.4 67.7
2001 74.8 66.4
2000 73.9 67.2
1999 74.7 68.5
1998 74.5 -
1997 74.5 -
1996 74 -
1995 71.8 -

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

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

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Mauritius
Services, % of GDP
77.2%
2024
64.4%
2024
Industry, % of GDP
9.63%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
4.23%
2024
GNI, Atlas method
$14.9B
2024
$16.2B
2024
GNI per capita, PPP
$39,550
2024
$35,100
2024
Total reserves including gold
$2.51B
2023
$8.51B
2024
Total reserves ranking
122/177
2023
83/177
2024
Net foreign direct investment
-$77.6M
2024
$963M
2024
Net inflows of foreign direct investment
$241M
2024
$681M
2024
Net outflows of foreign direct investment
$163M
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI n/a
10.1%
2024
Poverty at national poverty lines
9.3%
2020
8.4%
2023
Gross capital formation, % of GDP
26.8%
2024
21.2%
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/mauritius | 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.