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Economy of Bahamas vs Romania compared: GDP & Debt

Updated on by Georank team

The Bahamas has a GDP of $15.8B compared to $383B for Romania, ranking 140/197 and 42/197 by economy size, respectively.

The Bahamas has $11.5B in government debt (72.5% of GDP), compared to $220B (57.4% of GDP) in Romania.

Bahamas vs Romania GDP by year

Bahamas
Romania
1x
Year GDP, current $
Bahamas Romania
2024 $15,832,800,000 $382,564,217,989
2023 $15,271,300,000 $347,757,995,759
2022 $13,896,800,000 $295,319,437,557
2021 $12,037,000,000 $285,071,280,114
2020 $10,363,200,000 $250,625,048,304
2019 $13,277,000,000 $250,080,428,512
2018 $12,819,200,000 $241,791,427,224
2017 $12,446,900,000 $210,147,385,855
2016 $11,880,900,000 $185,290,759,249
2015 $11,837,600,000 $177,885,131,240
2014 $11,139,100,000 $199,722,319,676
2013 $10,475,300,000 $189,798,603,751
2012 $10,720,400,000 $179,117,323,107
2011 $10,070,450,000 $192,623,977,894
2010 $10,095,760,000 $170,064,350,672
2009 $9,981,960,000 $174,110,532,659
2008 $10,526,000,000 $214,315,932,061
2007 $10,618,340,000 $174,588,782,939
2006 $10,167,250,000 $122,023,735,993
2005 $9,836,200,000 $98,454,380,120
2004 $9,055,290,000 $74,973,656,852
2003 $8,870,090,000 $57,806,384,143
2002 $8,881,160,000 $46,065,502,703
2001 $8,317,830,000 $40,395,116,581
2000 $8,076,470,000 $37,253,739,511
1999 $7,683,870,000 $35,953,156,754
1998 $6,833,220,000 $41,696,091,974
1997 $6,332,360,000 $35,575,214,078
1996 $3,609,000,000 $36,937,074,278
1995 $3,429,000,000 $37,430,162,103
1994 $3,259,000,000 $30,072,805,104
1993 $3,092,000,000 $26,361,160,450
1992 $3,109,000,000 $25,121,666,667
1991 $3,111,160,000 $28,850,634,900
1990 $3,166,000,000 $38,247,882,300
1989 $3,062,000,000 $41,450,777,202
1988 $2,817,900,000 $40,424,528,302
1987 $2,713,999,900 $38,067,567,568
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/romania | CC BY

GDP per capita in Bahamas vs Romania by year

Bahamas
GDP per capita

GDP per capita, PPP
Romania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Romania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $39,455 $41,198 $20,080 $49,077
2023 $38,232 $39,090 $18,244 $45,982
2022 $34,957 $36,791 $15,504 $41,979
2021 $30,368 $31,065 $14,908 $37,534
2020 $26,179 $27,205 $13,009 $34,194
2019 $33,640 $36,116 $12,910 $33,425
2018 $32,642 $35,228 $12,416 $29,383
2017 $31,875 $34,282 $10,728 $26,943
2016 $30,617 $32,285 $9,405 $23,905
2015 $30,719 $32,138 $8,977 $21,625
2014 $29,137 $31,726 $10,032 $20,633
2013 $27,643 $30,294 $9,498 $19,678
2012 $28,552 $31,036 $8,930 $19,808
2011 $27,091 $30,074 $9,561 $18,804
2010 $27,473 $29,625 $8,400 $17,355
2009 $27,513 $29,197 $8,548 $16,641
2008 $29,392 $30,679 $10,435 $16,782
2007 $30,052 $31,232 $8,360 $13,703
2006 $29,185 $30,402 $5,758 $11,554
2005 $28,602 $29,143 $4,618 $9,602
2004 $26,650 $27,660 $3,495 $8,989
2003 $26,429 $27,031 $2,679 $7,559
2002 $26,782 $27,171 $2,120 $7,162
2001 $25,372 $26,351 $1,825 $6,520
2000 $24,940 $25,422 $1,660 $5,850
1999 $24,041 $24,184 $1,600 $5,596
1998 $21,667 $22,556 $1,853 $5,545
1997 $20,368 $21,606 $1,577 $5,564
1996 $11,784 $21,287 $1,633 $5,746
1995 $11,375 $20,377 $1,650 $5,429
1994 $10,991 $19,441 $1,323 $4,995
1993 $10,613 $18,781 $1,158 $4,699
1992 $10,873 $18,636 $1,102 $4,515
1991 $11,082 $19,296 $1,254 $4,795
1990 $11,473 $19,817 $1,648 $5,280
1989 $11,291 - $1,790 -
1988 $10,576 - $1,753 -
1987 $10,361 - $1,659 -
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/romania | CC BY

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $20,080 in Romania, ranking 58/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Romania ranks 47th at $49,077.

Economic indicators

Bahamas Romania
Gross domestic product
$15.8B
2024
$383B
2024
GDP rank
140/197
2024
42/197
2024
GDP growth
3.38%
2023-2024
0.92%
2023-2024
GDP per capita
$39,455
2024
$20,080
2024
GDP per capita rank
30/197
2024
58/197
2024
GDP per capita, PPP
$41,198
2024
$49,077
2024
GDP per capita PPP rank
57/197
2024
47/197
2024
Government debt
$11.5B
2024
$220B
2024
Debt-to-GDP ratio
72.5%
2024
57.4%
2024
Government debt per person
$28,616
2024
$11,533
2024
Government debt per person rank
25/185
2024
48/185
2024
Average annual personal income after taxes
$29,535
2026
$13,912
2026
Market capitalization of domestic companies n/a
$47.4B
2024
Number of billionaires n/a
6
2025
Income share by richest 10% n/a
21.8%
2023
Income share by poorest 10% n/a
2.4%
2023
Government expenditure, % of GDP
20.6%
2024
39.9%
2024
Consumer prices inflation
0.41%
2023-2024
5.6%
2023-2024
Central bank interest rate
4%
2016
6.5%
2024
Unemployment rate
8.65%
2023
5.43%
2024
Population
405203
18839108

Spending and national debt comparison by year

Bahamas
Spending

Debt
Romania
Spending

Debt
1x
Year % of GDP
Bahamas Romania
Government spending Government debt Government spending Government debt
2024 20.6% 72.5% 39.9% 57.4%
2023 22.2% 74.8% 36.6% 52.1%
2022 23.9% 79.1% 37.4% 51.7%
2021 26.9% 84.5% 37% 51.5%
2020 28.2% 81.9% 38.1% 49.3%
2019 19.9% 59.3% 33.2% 36.5%
2018 19.2% 60.6% 31.7% 36.2%
2017 22.5% 53.4% 31% 37.1%
2016 19.4% 51% 31.8% 39.5%
2015 17.9% 48.5% 34.2% 39.4%
2014 17.6% 46.3% 33.8% 40.5%
2013 18.4% 44.8% 34.2% 39.3%
2012 16.5% 36.4% 33.5% 36.2%
2011 17.1% 35.3% 35% 32.6%
2010 15.3% 33.7% 37.4% 30.2%
2009 15.6% 30.9% 36.3% 22.5%
2008 14.4% 25.5% 35.3% 13%
2007 13.3% 23% 34.6% 12.4%
2006 13% 22.8% 33.9% 12.7%
2005 12.3% 22% 32.3% 17.8%
2004 12.4% 21.4% 33.7% 21.3%
2003 11.8% 20.9% 31.8% 24.9%
2002 11.3% 18.8% 32.1% 27.4%
2001 11.2% 18.2% 33.2% 27.4%
2000 11.3% 18.7% 35% 29.6%
1999 8.78% 18.7% 35.1% 21.7%
1998 11.6% 20% 34.7% 16.5%
1997 12.5% 20.8% 33.5% 15%
1996 11.2% 20.2% 33.5% 11%
1995 11.2% 20.5% 34.4% 6.91%
1994 11.4% 20.4% 33.1% -
1993 11.5% 19.8% 33.5% -
1992 11.8% 17.9% 41.5% -
1991 12% 15.4% 38.3% -
1990 11.4% 13.2% 38.4% -
1989 - - 40.1% -
1988 - - 36.6% -
1987 - - 40.7% -
1986 - - 42.5% -
1985 - - 41.6% -
1984 - - 28.6% -
1983 - - 25.8% -
1982 - - 28.5% -
1981 - - 30.4% -
1980 - - 33.6% -
1979 - - 42% -
1978 - - 42.1% -
1977 - - 39.9% -
1976 - - 37.5% -
1975 - - 40.6% -
1974 - - 37.6% -
1973 - - 32.6% -
1972 - - 29.9% -
1971 - - 27.2% -
1970 - - 28.1% -
1969 - - 32.1% -
1968 - - 31.8% -
1967 - - 30.6% -
1966 - - 27.3% -
1965 - - 25.6% -
1964 - - 25.1% -
1963 - - 23.1% -
1962 - - 43.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20).

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

In 2024, the Bahamas' government spending was $3.26B, accounting for 20.6% of its GDP, while Romania spent $153B, or 39.9% of GDP.

Debt-to-GDP ratio is 72.5% in the Bahamas and 57.4% in Romania, ranking 53/185 and 87/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Romania
1x
Year Deficit/surplus, % of GDP
Bahamas Romania
2024 -1.18% -8.68%
2023 -3.49% -5.61%
2022 -5.16% -5.83%
2021 -11.1% -6.7%
2020 -8.09% -9.54%
2019 -1.65% -4.55%
2018 -3.24% -2.74%
2017 -5.92% -2.86%
2016 -2.61% -2.5%
2015 -3.24% -1.35%
2014 -4.38% -1.76%
2013 -5.16% -2.44%
2012 -3.15% -2.39%
2011 -2.87% -4.14%
2010 -2.56% -6.22%
2009 -2.45% -6.86%
2008 -0.83% -4.6%
2007 -0.76% -3.05%
2006 -0.43% -1.36%
2005 -1.11% -0.69%
2004 -1.93% -3.39%
2003 -1.63% -2.29%
2002 -1.62% -2.59%
2001 0.3% -3.2%
2000 0.09% -3.99%
1999 1.68% -3.58%
1998 -0.41% -5.33%
1997 -1.56% -5.19%
1996 -0.15% -4.74%
1995 0.18% -3.32%
1994 -0.39% -2.2%
1993 -1.05% -0.35%
1992 -2.23% -4.55%
1991 -2.29% 3.23%
1990 -2.64% 1.03%
1989 - -2.87%
1988 - 8.4%
1987 - 2.37%
1986 - 5.72%
1985 - 6.36%
1984 - 15.2%
1983 - 9.35%
1982 - 0.36%
1981 - 0.61%
1980 - -1.95%
1979 - 0%
1978 - 0%
1977 - 0.23%
1976 - 0.66%
1975 - 0.41%
1974 - 0.51%
1973 - 1.53%
1972 - 1.21%
1971 - 0.89%
1970 - 0.52%
1969 - 0.93%
1968 - 1.65%
1967 - 1.23%
1966 - 0.91%
1965 - -1.29%
1964 - -3.11%
1963 - -1.61%
1962 - -4.86%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-02-20).

GeoRank.org/economy/bahamas/romania | 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 Romania's deficit of $33.2B, or 8.68% of GDP.

Over the past 35 years, the Bahamas recorded a fiscal deficit in 31 of those years, while Romania ran a deficit in 33 years. On average, the Bahamas posted an annual deficit equal to 2.37% of GDP, compared to deficit of 3.55% of GDP for Romania.

Inflation comparison by year

Inflation
Bahamas

Romania
1x
Year Consumer prices inflation
Bahamas Romania
2024 0.41% 5.6%
2023 3.05% 10.4%
2022 5.61% 13.8%
2021 2.9% 5%
2020 0.04% 2.6%
2019 2.49% 3.8%
2018 2.27% 4.6%
2017 1.52% 1.3%
2016 -0.35% -1.6%
2015 1.86% -0.6%
2014 1.51% 1.1%
2013 0.72% 4%
2012 1.97% 3.3%
2011 3.2% 5.8%
2010 1.34% 6.1%
2009 2.06% 5.6%
2008 4.49% 7.8%
2007 2.49% 4.8%
2006 2.39% 6.6%
2005 1.59% 9%
2004 0.98% 11.9%
2003 3.03% 15.4%
2002 2.17% 22.5%
2001 2.04% 34.5%
2000 1.61% 45.7%
1999 1.25% 45.8%
1998 1.34% 59.1%
1997 0.54% 154.8%

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/romania | CC BY

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 17.5% in Romania. In 2024, inflation was 0.41% in the Bahamas and 5.6% in Romania.

Top exports between countries

Bahamas
Export category Export value
Romania
Export category Export value
Metals $158K
Machinery & equipment $153K
Textiles & consumer goods $64K
Raw materials & minerals $45K
Miscellaneous $26K
Animal & marine products $14K
Chemicals & pharma $4K
Wood & paper products $2K

Balance of trade

Bahamas Romania
Current account balance
-$1.05B
2024
-$31.2B
2024
Current account balance ranking
127/190
2024
185/190
2024
Current account balance, % of GDP
-6.65%
2024
-8.16%
2024
Goods imports
$4.6B
2024
$129B
2024
Goods exports
$874M
2024
$93.3B
2024
Service imports
$2.47B
2024
$30.2B
2024
Service exports
$5.9B
2024
$42.9B
2024
Imports of goods and services, % of GDP
41.5%
2024
41.6%
2024
Exports of goods and services, % of GDP
37.8%
2024
35.6%
2024

Economic freedom indices

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

Bahamas Romania
Economic freedom 65.1 65.4
Economic freedom ranking 66/197 64/197
Property rights 62.7 81
Government integrity 67.1 50
Judicial effectiveness 79.8 67
Tax burden 96.1 89.1
Government spending 83.8 56.7
Fiscal health 9.1 21.4
Business freedom 69.4 74.4
Labor freedom 66.5 63.6
Monetary freedom 77.2 72.7
Trade freedom 59.4 79.4
Investment freedom 50 70
Financial freedom 60 60

Economic freedom comparison by year

Bahamas
Romania
1x
Year Economic freedom index
Bahamas Romania
2026 65.1 65.4
2025 63.2 66.5
2024 62.5 64.4
2023 62.6 64.5
2022 68.7 67.1
2021 64.6 69.5
2020 64.5 69.7
2019 62.9 68.6
2018 63.3 69.4
2017 61.1 69.7
2016 70.9 65.6
2015 68.7 66.6
2014 69.8 65.5
2013 70.1 65.1
2012 68 64.4
2011 68 64.7
2010 67.3 64.2
2009 70.3 63.2
2008 71.1 61.7
2007 72 61.2
2006 72.3 58.2
2005 72.6 52.1
2004 72.1 50
2003 73.5 50.6
2002 74.4 48.7
2001 74.8 50
2000 73.9 52.1
1999 74.7 50.1
1998 74.5 54.4
1997 74.5 50.8
1996 74 46.2
1995 71.8 42.9

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

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

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 65.4 for Romania, ranking 64/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Romania
Services, % of GDP
77.2%
2024
62.6%
2024
Industry, % of GDP
9.63%
2024
25.3%
2024
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
2.81%
2024
GNI, Atlas method
$14.9B
2024
$335B
2024
GNI per capita, PPP
$39,550
2024
$47,920
2024
Total reserves including gold
$2.51B
2023
$73.4B
2024
Total reserves ranking
122/177
2023
35/177
2024
Net foreign direct investment
-$77.6M
2024
-$5.17B
2024
Net inflows of foreign direct investment
$241M
2024
$7.16B
2024
Net outflows of foreign direct investment
$163M
2024
$1.99B
2024
Poverty at national poverty lines
9.3%
2020
19%
2023
Gross capital formation, % of GDP
26.8%
2024
25%
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/romania | CC BY

Compare countries by 7 more topics

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, 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.