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Economy of Bahamas vs Poland compared: GDP & Debt

Updated on by Georank team

The Bahamas has a GDP of $15.8B compared to $918B for Poland, ranking 140/197 and 21/197 by economy size, respectively.

The Bahamas has $11.5B in government debt (72.5% of GDP), compared to $507B (55.3% of GDP) in Poland.

Bahamas vs Poland GDP by year

Bahamas
Poland
1x
Year GDP, current $
Bahamas Poland
2024 $15,832,800,000 $917,767,106,147
2023 $15,271,300,000 $812,451,193,396
2022 $13,896,800,000 $695,607,470,875
2021 $12,037,000,000 $689,170,230,665
2020 $10,363,200,000 $605,914,237,904
2019 $13,277,000,000 $602,683,770,145
2018 $12,819,200,000 $594,616,687,350
2017 $12,446,900,000 $528,356,676,667
2016 $11,880,900,000 $473,259,583,970
2015 $11,837,600,000 $480,054,118,583
2014 $11,139,100,000 $542,134,167,179
2013 $10,475,300,000 $518,179,836,405
2012 $10,720,400,000 $498,148,649,703
2011 $10,070,450,000 $527,848,543,023
2010 $10,095,760,000 $478,111,630,684
2009 $9,981,960,000 $440,891,472,247
2008 $10,526,000,000 $535,612,030,672
2007 $10,618,340,000 $429,715,132,138
2006 $10,167,250,000 $345,897,630,736
2005 $9,836,200,000 $306,999,913,151
2004 $9,055,290,000 $256,268,656,145
2003 $8,870,090,000 $218,561,225,998
2002 $8,881,160,000 $199,694,463,256
2001 $8,317,830,000 $191,823,200,371
2000 $8,076,470,000 $172,953,527,033
1999 $7,683,870,000 $170,704,452,715
1998 $6,833,220,000 $175,282,269,667
1997 $6,332,360,000 $159,893,964,917
1996 $3,609,000,000 $160,813,026,223
1995 $3,429,000,000 $142,838,527,115
1994 $3,259,000,000 $110,803,635,288
1993 $3,092,000,000 $96,043,157,273
1992 $3,109,000,000 $94,337,050,693
1991 $3,111,160,000 $85,500,935,935
1990 $3,166,000,000 $65,977,748,211
1989 $3,062,000,000 -
1988 $2,817,900,000 -
1987 $2,713,999,900 -
1986 $2,472,500,000 -
1985 $2,320,699,900 -
1984 $2,041,100,000 -
1983 $1,732,800,000 -
1982 $1,578,300,000 -
1981 $1,426,500,000 -
1980 $1,335,300,000 -
1979 $1,139,800,100 -
1978 $832,400,000 -
1977 $713,000,000 -
1976 $642,100,000 -
1975 $596,200,000 -
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/poland | CC BY

GDP per capita in Bahamas vs Poland by year

Bahamas
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $39,455 $41,198 $25,104 $51,263
2023 $38,232 $39,090 $22,145 $48,473
2022 $34,957 $36,791 $18,891 $46,778
2021 $30,368 $31,065 $18,636 $41,060
2020 $26,179 $27,205 $16,151 $37,089
2019 $33,640 $36,116 $15,875 $35,882
2018 $32,642 $35,228 $15,658 $32,345
2017 $31,875 $34,282 $13,913 $30,170
2016 $30,617 $32,285 $12,464 $28,360
2015 $30,719 $32,138 $12,638 $26,988
2014 $29,137 $31,726 $14,262 $25,460
2013 $27,643 $30,294 $13,622 $24,434
2012 $28,552 $31,036 $13,087 $23,728
2011 $27,091 $30,074 $13,868 $22,809
2010 $27,473 $29,625 $12,568 $20,991
2009 $27,513 $29,197 $11,556 $19,300
2008 $29,392 $30,679 $14,049 $18,372
2007 $30,052 $31,232 $11,273 $16,833
2006 $29,185 $30,402 $9,069 $15,205
2005 $28,602 $29,143 $8,044 $13,936
2004 $26,650 $27,660 $6,712 $13,413
2003 $26,429 $27,031 $5,721 $12,329
2002 $26,782 $27,171 $5,223 $11,841
2001 $25,372 $26,351 $5,015 $11,175
2000 $24,940 $25,422 $4,521 $10,721
1999 $24,041 $24,184 $4,416 $10,081
1998 $21,667 $22,556 $4,534 $9,521
1997 $20,368 $21,606 $4,137 $8,967
1996 $11,784 $21,287 $4,164 $8,310
1995 $11,375 $20,377 $3,701 $7,715
1994 $10,991 $19,441 $2,875 $7,040
1993 $10,613 $18,781 $2,497 $6,560
1992 $10,873 $18,636 $2,459 $6,193
1991 $11,082 $19,296 $2,236 $5,925
1990 $11,473 $19,817 $1,731 $6,185
1989 $11,291 - - -
1988 $10,576 - - -
1987 $10,361 - - -
1986 $9,601 - - -
1985 $9,167 - - -
1984 $8,202 - - -
1983 $7,081 - - -
1982 $6,559 - - -
1981 $6,029 - - -
1980 $5,743 - - -
1979 $4,994 - - -
1978 $3,720 - - -
1977 $3,253 - - -
1976 $2,993 - - -
1975 $2,841 - - -
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/poland | CC BY

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Poland ranks 43rd at $51,263.

Economic indicators

Bahamas Poland
Gross domestic product
$15.8B
2024
$918B
2024
GDP rank
140/197
2024
21/197
2024
GDP growth
3.38%
2023-2024
3.03%
2023-2024
GDP per capita
$39,455
2024
$25,104
2024
GDP per capita rank
30/197
2024
48/197
2024
GDP per capita, PPP
$41,198
2024
$51,263
2024
GDP per capita PPP rank
57/197
2024
43/197
2024
Government debt
$11.5B
2024
$507B
2024
Debt-to-GDP ratio
72.5%
2024
55.3%
2024
Government debt per person
$28,616
2024
$13,874
2024
Government debt per person rank
25/185
2024
41/185
2024
Average annual personal income after taxes
$29,535
2026
$20,736
2026
Market capitalization of domestic companies n/a
$197B
2024
Number of billionaires n/a
10
2025
Income share by richest 10% n/a
22.9%
2023
Income share by poorest 10% n/a
3.3%
2023
Government expenditure, % of GDP
20.6%
2024
49.4%
2024
Consumer prices inflation
0.41%
2023-2024
3.78%
2023-2024
Central bank interest rate
4%
2016
4%
2025
Unemployment rate
8.65%
2023
2.81%
2024
Population
405203
35806942

Spending and national debt comparison by year

Bahamas
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Bahamas Poland
Government spending Government debt Government spending Government debt
2024 20.6% 72.5% 49.4% 55.3%
2023 22.2% 74.8% 46.9% 49.5%
2022 23.9% 79.1% 43.2% 48.8%
2021 26.9% 84.5% 43.6% 53%
2020 28.2% 81.9% 47.7% 56.6%
2019 19.9% 59.3% 41.4% 45.2%
2018 19.2% 60.6% 41% 48.2%
2017 22.5% 53.4% 41.1% 50.4%
2016 19.4% 51% 41.1% 54.1%
2015 17.9% 48.5% 41.5% 51.1%
2014 17.6% 46.3% 42.7% 51.1%
2013 18.4% 44.8% 43.2% 56.9%
2012 16.5% 36.4% 43.2% 54.5%
2011 17.1% 35.3% 44.1% 54.8%
2010 15.3% 33.7% 46% 53.7%
2009 15.6% 30.9% 44.9% 49.7%
2008 14.4% 25.5% 44% 46.6%
2007 13.3% 23% 42.8% 44.4%
2006 13% 22.8% 44.3% 47.1%
2005 12.3% 22% 44.1% 46.5%
2004 12.4% 21.4% 43.3% 44.9%
2003 11.8% 20.9% 45.5% 46.4%
2002 11.3% 18.8% 45.1% 41.6%
2001 11.2% 18.2% 44.7% 37.2%
2000 11.3% 18.7% 43.1% 36.4%
1999 8.78% 18.7% 42.5% 39.4%
1998 11.6% 20% 44% 38.7%
1997 12.5% 20.8% 46.1% 42.7%
1996 11.2% 20.2% 50.7% 43.2%
1995 11.2% 20.5% 47.5% 48.7%
1994 11.4% 20.4% - 64.3%
1993 11.5% 19.8% - 83.9%
1992 11.8% 17.9% - 81.9%
1991 12% 15.4% - 76.9%
1990 11.4% 13.2% - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

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

In 2024, the Bahamas' government spending was $3.26B, accounting for 20.6% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 72.5% in the Bahamas and 55.3% in Poland, ranking 53/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Poland
1x
Year Deficit/surplus, % of GDP
Bahamas Poland
2024 -1.18% -6.59%
2023 -3.49% -5.27%
2022 -5.16% -3.44%
2021 -11.1% -1.75%
2020 -8.09% -6.85%
2019 -1.65% -0.73%
2018 -3.24% -0.24%
2017 -5.92% -1.49%
2016 -2.61% -2.38%
2015 -3.24% -2.59%
2014 -4.38% -3.66%
2013 -5.16% -4.25%
2012 -3.15% -3.8%
2011 -2.87% -4.97%
2010 -2.56% -7.43%
2009 -2.45% -7.24%
2008 -0.83% -3.6%
2007 -0.76% -1.88%
2006 -0.43% -3.53%
2005 -1.11% -3.93%
2004 -1.93% -4.99%
2003 -1.63% -6.02%
2002 -1.62% -4.8%
2001 0.3% -4.73%
2000 0.09% -4%
1999 1.68% -2.3%
1998 -0.41% -4.25%
1997 -1.56% -4.61%
1996 -0.15% -4.84%
1995 0.18% -4.39%
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/poland | 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 Poland's deficit of $60.4B, or 6.59% of GDP.

Over the past 30 years, the Bahamas recorded a fiscal deficit in 26 of those years, while Poland ran a deficit in 30 years. On average, the Bahamas posted an annual deficit equal to 2.48% of GDP, compared to deficit of 4.02% of GDP for Poland.

Inflation comparison by year

Inflation
Bahamas

Poland
1x
Year Consumer prices inflation
Bahamas Poland
2024 0.41% 3.78%
2023 3.05% 11.5%
2022 5.61% 14.4%
2021 2.9% 5.06%
2020 0.04% 3.37%
2019 2.49% 2.23%
2018 2.27% 1.81%
2017 1.52% 2.08%
2016 -0.35% -0.66%
2015 1.86% -0.87%
2014 1.51% 0.05%
2013 0.72% 0.99%
2012 1.97% 3.56%
2011 3.2% 4.24%
2010 1.34% 2.58%
2009 2.06% 3.8%
2008 4.49% 4.16%
2007 2.49% 2.46%
2006 2.39% 1.28%
2005 1.59% 2.18%
2004 0.98% 3.38%
2003 3.03% 0.68%
2002 2.17% 1.91%
2001 2.04% 5.41%
2000 1.61% 9.9%
1999 1.25% 7.15%
1998 1.34% 11.6%
1997 0.54% 14.9%

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

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

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 4.39% in Poland. In 2024, inflation was 0.41% in the Bahamas and 3.78% in Poland.

Top exports between countries

Bahamas
Export category Export value
Metals $35K
Machinery & equipment $17K
Textiles & consumer goods $2K
Precious metals & jewellery $1K
Poland
Export category Export value
Machinery & equipment $125M
Metals $877K
Textiles & consumer goods $797K
Animal & marine products $311K
Raw agricultural goods $280K
Processed food, beverages & tobacco $136K
Chemicals & pharma $109K
Raw materials & minerals $21K
Miscellaneous $8K
Wood & paper products $8K

Balance of trade

Bahamas Poland
Current account balance
-$1.05B
2024
$2.8B
2024
Current account balance ranking
127/190
2024
40/190
2024
Current account balance, % of GDP
-6.65%
2024
+0.3%
2024
Goods imports
$4.6B
2024
$367B
2024
Goods exports
$874M
2024
$361B
2024
Service imports
$2.47B
2024
$74.9B
2024
Service exports
$5.9B
2024
$118B
2024
Imports of goods and services, % of GDP
41.5%
2024
48.2%
2024
Exports of goods and services, % of GDP
37.8%
2024
52.2%
2024

Economic freedom indices

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

Bahamas Poland
Economic freedom 65.1 68.5
Economic freedom ranking 66/197 46/197
Property rights 62.7 71.8
Government integrity 67.1 60.7
Judicial effectiveness 79.8 62.5
Tax burden 96.1 72.7
Government spending 83.8 35.1
Fiscal health 9.1 74.8
Business freedom 69.4 77.5
Labor freedom 66.5 53.7
Monetary freedom 77.2 73.8
Trade freedom 59.4 79.4
Investment freedom 50 80
Financial freedom 60 80

Economic freedom comparison by year

Bahamas
Poland
1x
Year Economic freedom index
Bahamas Poland
2026 65.1 68.5
2025 63.2 67.1
2024 62.5 66
2023 62.6 67.7
2022 68.7 68.7
2021 64.6 69.7
2020 64.5 69.1
2019 62.9 67.8
2018 63.3 68.5
2017 61.1 68.3
2016 70.9 69.3
2015 68.7 68.6
2014 69.8 67
2013 70.1 66
2012 68 64.2
2011 68 64.1
2010 67.3 63.2
2009 70.3 60.3
2008 71.1 60.3
2007 72 58.1
2006 72.3 59.3
2005 72.6 59.6
2004 72.1 58.7
2003 73.5 61.8
2002 74.4 65
2001 74.8 61.8
2000 73.9 60
1999 74.7 59.6
1998 74.5 59.2
1997 74.5 56.8
1996 74 57.8
1995 71.8 50.7

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

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

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Poland
Services, % of GDP
77.2%
2024
59.1%
2024
Industry, % of GDP
9.63%
2024
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
2.54%
2024
GNI, Atlas method
$14.9B
2024
$789B
2024
GNI per capita, PPP
$39,550
2024
$49,540
2024
Total reserves including gold
$2.51B
2023
$223B
2024
Total reserves ranking
122/177
2023
17/177
2024
Net foreign direct investment
-$77.6M
2024
-$10.6B
2024
Net inflows of foreign direct investment
$241M
2024
$20.6B
2024
Net outflows of foreign direct investment
$163M
2024
$10B
2024
Poverty at national poverty lines
9.3%
2020
13.3%
2024
Gross capital formation, % of GDP
26.8%
2024
17.8%
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/poland | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.

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.