Skip to content

Economy of Bahamas vs Pakistan compared: GDP & Debt

Updated on by Georank

The Bahamas has a GDP of $15.8B compared to $407B for Pakistan, ranking 145/197 and 41/197 by economy size, respectively.

The Bahamas has $11.7B in government debt (73.8% of GDP), compared to $297B (72.8% of GDP) in Pakistan.

Bahamas vs Pakistan GDP by year

Bahamas
Pakistan
1x
Year GDP, current $
Bahamas Pakistan
2025 - $407,307,214,476
2024 $15,832,800,000 $371,747,087,751
2023 $15,271,300,000 $336,686,348,609
2022 $13,896,800,000 $374,890,295,667
2021 $12,037,000,000 $348,516,647,445
2020 $10,363,200,000 $300,425,609,818
2019 $13,277,000,000 $320,909,472,771
2018 $12,819,200,000 $356,128,166,705
2017 $12,446,900,000 $339,205,534,861
2016 $11,880,900,000 $313,630,000,130
2015 $11,837,600,000 $299,963,590,535
2014 $11,139,100,000 $271,390,474,858
2013 $10,475,300,000 $258,657,231,672
2012 $10,720,400,000 $250,106,966,105
2011 $10,070,450,000 $230,586,581,060
2010 $10,095,760,000 $196,709,621,850
2009 $9,981,960,000 $187,337,783,856
2008 $10,526,000,000 $202,203,748,584
2007 $10,618,340,000 $184,140,869,997
2006 $10,167,250,000 $161,871,385,506
2005 $9,836,200,000 $145,208,562,961
2004 $9,055,290,000 $132,216,048,339
2003 $8,870,090,000 $112,371,913,741
2002 $8,881,160,000 $97,923,302,809
2001 $8,317,830,000 $97,145,618,480
2000 $8,076,470,000 $99,484,802,345
1999 $7,683,870,000 $62,973,857,069
1998 $6,833,220,000 $62,191,955,814
1997 $6,332,360,000 $62,433,340,468
1996 $3,609,000,000 $63,320,170,084
1995 $3,429,000,000 $60,636,071,684
1994 $3,259,000,000 $52,293,470,813
1993 $3,092,000,000 $51,809,999,353
1992 $3,109,000,000 $48,884,671,947
1991 $3,111,160,000 $45,625,336,680
1990 $3,166,000,000 $40,010,423,970
1989 $3,062,000,000 $40,171,106,279
1988 $2,817,900,000 $38,472,742,808
1987 $2,713,999,900 $33,351,529,275
1986 $2,472,500,000 $31,899,070,056
1985 $2,320,699,900 $31,144,920,844
1984 $2,041,100,000 $31,151,825,467
1983 $1,732,800,000 $28,691,889,764
1982 $1,578,300,000 $30,725,971,564
1981 $1,426,500,000 $28,100,606,061
1980 $1,335,300,000 $23,654,444,444
1979 $1,139,800,100 $19,688,383,838
1978 $832,400,000 $17,811,515,152
1977 $713,000,000 $15,126,060,606
1976 $642,100,000 $13,168,080,808
1975 $596,200,000 $11,230,606,061
1974 $632,400,000 $8,899,191,919
1973 $670,900,000 $6,383,429,490
1972 $590,900,000 $9,415,016,360
1971 $573,400,000 $10,665,896,682
1970 $539,500,000 $10,027,509,450
1969 $538,700,000 $8,683,116,338
1968 $453,800,000 $8,041,999,160
1967 $398,000,000 $7,464,510,710
1966 $346,800,000 $6,561,108,778
1965 $300,272,048 $5,929,231,415
1964 $266,560,043 $5,204,955,901
1963 $237,650,038 $4,630,827,383
1962 $212,170,034 $4,310,163,797
1961 $190,022,030 $4,118,647,627
1960 $169,736,027 $3,749,265,015

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

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

GDP per capita in Bahamas vs Pakistan by year

Bahamas
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $1,596 -
2024 $39,455 $41,198 $1,479 $6,252
2023 $38,232 $39,090 $1,360 $6,014
2022 $34,957 $36,791 $1,538 $5,920
2021 $30,368 $31,065 $1,455 $5,367
2020 $26,179 $27,205 $1,278 $5,048
2019 $33,640 $36,116 $1,390 $5,038
2018 $32,642 $35,228 $1,569 $4,979
2017 $31,875 $34,282 $1,519 $4,790
2016 $30,617 $32,285 $1,425 $4,631
2015 $30,719 $32,138 $1,380 $4,480
2014 $29,137 $31,726 $1,267 $4,313
2013 $27,643 $30,294 $1,225 $4,174
2012 $28,552 $31,036 $1,204 $4,047
2011 $27,091 $30,074 $1,132 $3,880
2010 $27,473 $29,625 $987 $3,786
2009 $27,513 $29,197 $964 $3,777
2008 $29,392 $30,679 $1,067 $3,721
2007 $30,052 $31,232 $998 $3,672
2006 $29,185 $30,402 $901 $3,515
2005 $28,602 $29,143 $828 $3,293
2004 $26,650 $27,660 $772 $3,048
2003 $26,429 $27,031 $672 $2,822
2002 $26,782 $27,171 $600 $2,688
2001 $25,372 $26,351 $610 $2,644
2000 $24,940 $25,422 $642 $2,565
1999 $24,041 $24,184 $418 $2,475
1998 $21,667 $22,556 $424 $2,419
1997 $20,368 $21,606 $438 $2,398
1996 $11,784 $21,287 $457 $2,401
1995 $11,375 $20,377 $451 $2,315
1994 $10,991 $19,441 $400 $2,224
1993 $10,613 $18,781 $408 $2,160
1992 $10,873 $18,636 $396 $2,132
1991 $11,082 $19,296 $380 $1,992
1990 $11,473 $19,817 $344 $1,895
1989 $11,291 - $358 -
1988 $10,576 - $354 -
1987 $10,361 - $317 -
1986 $9,601 - $314 -
1985 $9,167 - $317 -
1984 $8,202 - $327 -
1983 $7,081 - $311 -
1982 $6,559 - $345 -
1981 $6,029 - $328 -
1980 $5,743 - $287.4 -
1979 $4,994 - $249.2 -
1978 $3,720 - $233.4 -
1977 $3,253 - $204.7 -
1976 $2,993 - $183.9 -
1975 $2,841 - $161.7 -
1974 $3,080 - $132 -
1973 $3,341 - $97.5 -
1972 $3,014 - $148.1 -
1971 $3,004 - $172.5 -
1970 $2,916 - $166.7 -
1969 $3,027 - $148.5 -
1968 $2,668 - $141.6 -
1967 $2,453 - $135.2 -
1966 $2,239 - $122.2 -
1965 $2,030 - $113.6 -
1964 $1,883 - $102.5 -
1963 $1,759 - $93.7 -
1962 $1,651 - $89.5 -
1961 $1,555 - $87.8 -
1960 $1,459 - $82 -

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

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

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $1,596 in Pakistan, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Pakistan ranks 150th at $6,252.

Economic indicators

Bahamas Pakistan
Gross domestic product
$15.8B
2024
$407B
2025
GDP rank
145/197
2024
41/197
2025
GDP growth
3.38%
2023-2024
3.7%
2024-2025
GDP per capita
$39,455
2024
$1,596
2025
GDP per capita rank
30/197
2024
164/197
2025
GDP per capita, PPP
$41,198
2024
$6,252
2024
GDP per capita PPP rank
57/197
2024
150/197
2024
Government debt
$11.7B
2024
$297B
2025
Debt-to-GDP ratio
73.8%
2025
72.8%
2025
Government debt per person
$29,123
2024
$1,162
2025
Government debt per person rank
25/185
2024
138/185
2025
Average annual personal income after taxes
$36,621
2026
$1,775
2026
Market capitalization of domestic companies n/a
$70.3B
2025
Income share by richest 10% n/a
27.7%
2024
Income share by poorest 10% n/a
3.4%
2024
Government expenditure, % of GDP
21.5%
2025
21.2%
2025
Consumer prices inflation
0.41%
2023-2024
3.55%
2024-2025
Central bank interest rate
4%
2016
11.5%
2026
Unemployment rate
10.3%
2023
6.96%
2025
Population
405486
261421997

Spending and national debt comparison by year

Bahamas
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Bahamas Pakistan
Government spending Government debt Government spending Government debt
2025 21.5% 73.8% 21.2% 72.8%
2024 21% 73.8% 19.4% 70.2%
2023 23.2% 78.3% 19.3% 78.5%
2022 25.6% 84.7% 20% 77.3%
2021 28.9% 90.7% 18.5% 74.7%
2020 24.8% 71.9% 20.3% 80.8%
2019 20.3% 60.3% 19.1% 78.7%
2018 19.4% 61.5% 19.1% 66.3%
2017 23.1% 54.6% 19.1% 62.1%
2016 19.4% 51.1% 17.7% 62.1%
2015 18.4% 49.9% 17.8% 59.1%
2014 18.1% 47.7% 18.1% 58.8%
2013 18.1% 44.2% 19.5% 59.2%
2012 17% 37.6% 19.4% 58.4%
2011 17.1% 35.3% 17.9% 56.2%
2010 15.4% 33.9% 18.3% 56.7%
2009 15.2% 30.1% 17.3% 54.6%
2008 14.3% 25.3% 18% 49.5%
2007 13.6% 23.5% 16.1% 44.2%
2006 13.2% 23.2% 14.5% 46.2%
2005 12.9% 23% 13% 47.9%
2004 12.5% 21.6% 12.1% 50.6%
2003 11.8% 20.8% 12.9% 56.3%
2002 11.6% 19.4% 14.4% 60.5%
2001 11.4% 18.5% 12.9% 65.1%
2000 11.6% 19.2% 13.8% 61.7%
1999 9.3% 19.8% 13.2% 60.7%
1998 12% 20.8% 14.1% 53.8%
1997 12.9% 21.5% 13.7% 52.8%
1996 11.5% 20.7% 15% 52.5%
1995 11.5% 21% 14% 52.3%
1994 11.7% 20.9% 14.5% 58.5%
1993 11.5% 19.7% 17% 57.9%
1992 11.8% 17.9% 22.6% 53.3%
1991 11.9% 15.3% 21.4% 55.8%
1990 11.4% 13.2% 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-07-08).

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

In 2025, the Bahamas' government spending was $3.32B, accounting for 21.5% of its GDP, while Pakistan spent $86.4B, or 21.2% of GDP.

Debt-to-GDP ratio is 73.8% in the Bahamas and 72.8% in Pakistan, ranking 52/185 and 53/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Pakistan
1x
Year Deficit/surplus, % of GDP
Bahamas Pakistan
2025 -0.49% -5.37%
2024 -1.2% -6.79%
2023 -3.65% -7.76%
2022 -5.53% -7.84%
2021 -11.9% -6.04%
2020 -7.11% -7.03%
2019 -1.68% -7.79%
2018 -3.28% -5.67%
2017 -6.05% -5.17%
2016 -2.61% -3.92%
2015 -3.34% -4.74%
2014 -4.51% -4.37%
2013 -5.1% -7.48%
2012 -3.25% -7.74%
2011 -2.87% -6.23%
2010 -2.57% -5.42%
2009 -2.39% -4.53%
2008 -0.82% -5.94%
2007 -0.77% -4.23%
2006 -0.44% -2.79%
2005 -1.16% -2.29%
2004 -1.95% -1.29%
2003 -1.63% -0.12%
2002 -1.67% -2.64%
2001 0.3% -2.45%
2000 0.09% -3.21%
1999 1.78% -3.07%
1998 -0.43% -4.46%
1997 -1.6% -3.87%
1996 -0.15% -4.33%
1995 0.18% -3.9%
1994 -0.4% -3.63%
1993 -1.05% -5.53%
1992 -2.23% -11.3%
1991 -2.27% -10.8%
1990 -2.64% -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/pakistan | 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 Pakistan's deficit of $25.2B, or 6.79% of GDP.

Over the past 35 years, the Bahamas recorded a fiscal deficit in 31 of those years, while Pakistan ran a deficit in 35 years. On average, the Bahamas posted an annual deficit equal to 2.4% of GDP, compared to deficit of 5.32% of GDP for Pakistan.

Inflation comparison by year

Inflation
Bahamas

Pakistan
1x
Year Consumer prices inflation
Bahamas Pakistan
2025 - 3.55%
2024 0.41% 12.6%
2023 3.05% 30.8%
2022 5.61% 19.9%
2021 2.9% 9.5%
2020 0.04% 9.74%
2019 2.49% 10.6%
2018 2.27% 5.08%
2017 1.52% 4.09%
2016 -0.35% 3.77%
2015 1.86% 2.53%
2014 1.51% 7.19%
2013 0.72% 7.69%
2012 1.97% 9.68%
2011 3.2% 11.9%
2010 1.34% 12.9%
2009 2.06% 13.6%
2008 4.49% 20.3%
2007 2.49% 7.6%
2006 2.39% 7.92%
2005 1.59% 9.06%
2004 0.98% 7.44%
2003 3.03% 2.91%
2002 2.17% 3.29%
2001 2.04% 3.15%
2000 1.61% 4.37%
1999 1.25% 4.14%
1998 1.34% 6.23%
1997 0.54% 11.4%

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

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

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 9.26% in Pakistan. In 2024, inflation was 0.41% in the Bahamas and 3.55% in Pakistan.

Top exports between countries

Bahamas
Export category Export value
Animal & marine products $4K
Machinery & equipment $3K
Pakistan
Export category Export value
Chemicals & pharma $256K
Processed food, beverages & tobacco $184K
Textiles & consumer goods $27K

Balance of trade

Bahamas Pakistan
Current account balance
-$1.05B
2024
-$448M
2025
Current account balance ranking
120/190
2024
102/190
2025
Current account balance, % of GDP
-6.65%
2024
-0.11%
2025
Goods imports
$4.6B
2024
$62.6B
2025
Goods exports
$874M
2024
$31.5B
2025
Service imports
$2.47B
2024
$12B
2025
Service exports
$5.9B
2024
$9.09B
2025
Imports of goods and services, % of GDP
41.5%
2024
17.2%
2025
Exports of goods and services, % of GDP
37.8%
2024
9.99%
2025

Economic freedom indices

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

Bahamas Pakistan
Economic freedom 65.1 48.9
Economic freedom ranking 66/197 168/197
Property rights 62.7 25.7
Government integrity 67.1 26.3
Judicial effectiveness 79.8 27.6
Tax burden 96.1 78.2
Government spending 83.8 88.5
Fiscal health 9.1 10.1
Business freedom 69.4 54.4
Labor freedom 66.5 51.7
Monetary freedom 77.2 54.1
Trade freedom 59.4 70.4
Investment freedom 50 60
Financial freedom 60 40

Economic freedom comparison by year

Bahamas
Pakistan
1x
Year Economic freedom index
Bahamas Pakistan
2026 65.1 48.9
2025 63.2 49.1
2024 62.5 49.5
2023 62.6 49.4
2022 68.7 48.8
2021 64.6 51.7
2020 64.5 54.8
2019 62.9 55
2018 63.3 54.4
2017 61.1 52.8
2016 70.9 55.9
2015 68.7 55.6
2014 69.8 55.2
2013 70.1 55.1
2012 68 54.7
2011 68 55.1
2010 67.3 55.2
2009 70.3 57
2008 71.1 55.6
2007 72 57.2
2006 72.3 57.9
2005 72.6 53.3
2004 72.1 54.9
2003 73.5 55
2002 74.4 55.8
2001 74.8 56
2000 73.9 56.4
1999 74.7 53
1998 74.5 53.2
1997 74.5 56
1996 74 58.4
1995 71.8 57.6

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

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

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Pakistan
Services, % of GDP
77.2%
2024
50.9%
2025
Industry, % of GDP
9.63%
2024
20.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
23%
2025
GNI, Atlas method
$14.9B
2024
$382B
2025
GNI per capita, PPP
$39,610
2024
$6,430
2025
Total reserves including gold
$2.63B
2024
$26.5B
2025
Total reserves ranking
123/177
2024
62/177
2025
Net foreign direct investment
-$77.6M
2024
-$1.58B
2025
Net inflows of foreign direct investment
$241M
2024
$2.66B
2024
Net outflows of foreign direct investment
$163M
2024
$84M
2024
Servicing debt to the IMF, % of GNI n/a
4.5%
2024
Poverty at national poverty lines
9.3%
2020
21.9%
2018
Gross capital formation, % of GDP
26.8%
2024
14.3%
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/pakistan | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1993, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. 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.