The Bahamas vs Saudi Arabia: Economic Indicators Comparison

Saudi Arabia with a GDP of $786.5B ranked the 18th largest economy in the world, while the Bahamas ranked 137th with $12.4B. By GDP 5-years average growth and GDP per capita, Saudi Arabia and the Bahamas ranked 124th vs 160th and 41st vs 31st, respectively.

Gross Domestic Product & Income

StatBahamasSaudi Arabia
GDP$12.4B$786.5B
GDP growth, 1 year2.3%2.2%
GDP growth, 5-years average0.6%2.2%
Population395k33M
GDP per capita$32k$23k
GDP per capita growth0.54%0.61%
Purchasing Power Parity conversion factor11.58
Price level ratio of PPP conversion factor GDP to market exchange rate10.42
GDP per capita, PPP adjusted$33k$56k
GNI, Atlas method$11.8B$727.8B
GNI per capita$31k$22k
GNI, PPP adjusted$11.7B$1.9T
GNI per capita, PPP adjusted$30k$56k

Financial system and Human development

StatBahamasSaudi Arabia
Income Tax Rate0%2.5%
Corporate Tax Rate0%2.5%
Inflation, consumer prices2.2%2.5%
Inflation, GDP deflator0.7%11.5%
Unemployment11.9%5.9%
Economic Freedom Index64.562.4
Personal Freedom Index8.324.65
Human Freedom Index7.975.66
Property Rights Index54.964.6
Judical Effectiveness Index46.472.3
Business Freedom Index6966.6
Fiscal Health Index69.219.3
Labor Freedom Index7063.3
Investment Freedom Index5045
Financial Freedom Index6050
Trade Freedom Index47.875.4
Monetary Freedom Index76.381
Government Spending Index87.461.8
Tax Burden Index96.899.8
Government Integrity Index4649.6
Corruption Perceptions Index6549
Life expectancy at birth, years73.674.9
Suicide mortality rate, per 100,000 people1.73.2
Mortality caused by road traffic injury, per 100,000 people13.828.8
Intentional homicides, per 100,000 people30.91.3
International tourism, number of arrivals1.6M15.3M

Government debt & reserves

StatBahamasSaudi Arabia
Central government debt, % of GDP61%19.1%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI7.1%13.4%
Gross savings, % of GDP12.7%33.2%
Gross capital formation, % of GDP24.5%24.2%
Total reserves including gold$1.4B$509.5B
Foreign direct investment net inflows$491.4M$4.2B

Exports, imports and economic structure

StatBahamasSaudi Arabia
Exports of goods and services, % of GDP36.1%39.9%
Imports of goods and services, % of GDP41.3%26.7%
Current account balance (balance of payments)-$1.5B$70.6B
Revenue excluding grants, % of GDP16.4%26.8%
Grants excluding technical cooperation, BoP$1.7M$290k
Personal remittances receivedN/A$334.9M
Industry including construction value added, % of GDP13%49.5%
Agriculture, forestry and fishing value added, % of GDP0.9%2.2%
Charges for the use of intellectual property, payments BoP$10.3MN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP17.9%28%
Government Expenditure, % of GDP20.5%35.7%

Compare with countries close by GDP per capita

Bahamas vs

CountryGDP
per capita
Population
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M

Saudi Arabia vs

CountryGDP
per capita
Population
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M