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Economy of Bahamas vs Tajikistan compared: GDP & Debt

Updated on by Georank

The Bahamas has a GDP of $15.8B compared to $17.7B for Tajikistan, ranking 145/197 and 140/197 by economy size, respectively.

The Bahamas has $11.7B in government debt (73.8% of GDP), compared to $3.82B (21.6% of GDP) in Tajikistan.

Bahamas vs Tajikistan GDP by year

Bahamas
Tajikistan
1x
Year GDP, current $
Bahamas Tajikistan
2025 - $17,660,626,562
2024 $15,832,800,000 $14,425,113,700
2023 $15,271,300,000 $12,244,169,293
2022 $13,896,800,000 $10,713,525,200
2021 $12,037,000,000 $8,937,805,347
2020 $10,363,200,000 $8,133,963,551
2019 $13,277,000,000 $8,300,813,599
2018 $12,819,200,000 $7,764,999,999
2017 $12,446,900,000 $7,536,402,853
2016 $11,880,900,000 $6,992,416,097
2015 $11,837,600,000 $8,271,431,485
2014 $11,139,100,000 $9,112,605,459
2013 $10,475,300,000 $8,448,411,318
2012 $10,720,400,000 $7,633,036,903
2011 $10,070,450,000 $6,522,756,255
2010 $10,095,760,000 $5,642,221,099
2009 $9,981,960,000 $4,979,472,364
2008 $10,526,000,000 $5,161,299,725
2007 $10,618,340,000 $3,719,524,541
2006 $10,167,250,000 $2,830,213,849
2005 $9,836,200,000 $2,312,352,021
2004 $9,055,290,000 $2,076,176,869
2003 $8,870,090,000 $1,555,318,261
2002 $8,881,160,000 $1,221,106,220
2001 $8,317,830,000 $1,080,772,551
2000 $8,076,470,000 $860,541,842
1999 $7,683,870,000 $1,086,612,290
1998 $6,833,220,000 $1,320,199,582
1997 $6,332,360,000 $921,518,033
1996 $3,609,000,000 $1,043,654,822
1995 $3,429,000,000 $1,231,561,860
1994 $3,259,000,000 $1,522,001,206
1993 $3,092,000,000 $1,646,623,195
1992 $3,109,000,000 $1,908,554,572
1991 $3,111,160,000 $2,536,585,366
1990 $3,166,000,000 $2,629,395,066
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bahamas vs Tajikistan by year

Bahamas
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $1,637 -
2024 $39,455 $41,198 $1,362 $5,406
2023 $38,232 $39,090 $1,178 $4,964
2022 $34,957 $36,791 $1,052 $4,514
2021 $30,368 $31,065 $897 $3,986
2020 $26,179 $27,205 $834 $3,654
2019 $33,640 $36,116 $871 $3,460
2018 $32,642 $35,228 $834 $3,069
2017 $31,875 $34,282 $829 $3,017
2016 $30,617 $32,285 $789 $2,914
2015 $30,719 $32,138 $957 $2,975
2014 $29,137 $31,726 $1,082 $3,152
2013 $27,643 $30,294 $1,028 $2,919
2012 $28,552 $31,036 $952 $2,679
2011 $27,091 $30,074 $834 $2,456
2010 $27,473 $29,625 $737 $2,291
2009 $27,513 $29,197 $665 $2,171
2008 $29,392 $30,679 $703 $2,120
2007 $30,052 $31,232 $517 $1,966
2006 $29,185 $30,402 $401 $1,810
2005 $28,602 $29,143 $334 $1,673
2004 $26,650 $27,660 $306 $1,550
2003 $26,429 $27,031 $233.6 $1,396
2002 $26,782 $27,171 $187 $1,257
2001 $25,372 $26,351 $168.7 $1,139
2000 $24,940 $25,422 $136.9 $1,036
1999 $24,041 $24,184 $175 $947
1998 $21,667 $22,556 $213.7 $905
1997 $20,368 $21,606 $150.1 $855
1996 $11,784 $21,287 $172 $836
1995 $11,375 $20,377 $207 $1,006
1994 $10,991 $19,441 $261.3 $1,148
1993 $10,613 $18,781 $287.6 $1,454
1992 $10,873 $18,636 $338 $1,721
1991 $11,082 $19,296 $458 $2,417
1990 $11,473 $19,817 $487 $2,583
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 (1960–2025, retrieved 2026-07-08).

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

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $1,637 in Tajikistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Tajikistan ranks 157th at $5,406.

Economic indicators

Bahamas Tajikistan
Gross domestic product
$15.8B
2024
$17.7B
2025
GDP rank
145/197
2024
140/197
2025
GDP growth
3.38%
2023-2024
8.4%
2024-2025
GDP per capita
$39,455
2024
$1,637
2025
GDP per capita rank
30/197
2024
163/197
2025
GDP per capita, PPP
$41,198
2024
$5,406
2024
GDP per capita PPP rank
57/197
2024
157/197
2024
Government debt
$11.7B
2024
$3.82B
2025
Debt-to-GDP ratio
73.8%
2025
21.6%
2025
Government debt per person
$29,123
2024
$354
2025
Government debt per person rank
25/185
2024
174/185
2025
Average annual personal income after taxes
$36,621
2026
$1,705
2026
Income share by richest 10% n/a
28.2%
2024
Income share by poorest 10% n/a
2.9%
2024
Government expenditure, % of GDP
21.5%
2025
29.3%
2025
Consumer prices inflation
0.41%
2023-2024
3.4%
2024-2025
Central bank interest rate
4%
2016
7%
2026
Unemployment rate
10.3%
2023
0.08%
2016
Population
405486
11080415

Spending and national debt comparison by year

Bahamas
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Bahamas Tajikistan
Government spending Government debt Government spending Government debt
2025 21.5% 73.8% 29.3% 21.6%
2024 21% 73.8% 27.2% 24.9%
2023 23.2% 78.3% 28% 29.9%
2022 25.6% 84.7% 27.4% 31.8%
2021 28.9% 90.7% 27.6% 42%
2020 24.8% 71.9% 29.2% 50.9%
2019 20.3% 60.3% 28.8% 43.2%
2018 19.4% 61.5% 30.9% 46.3%
2017 23.1% 54.6% 33.8% 46.3%
2016 19.4% 51.1% 32.7% 42.2%
2015 18.4% 49.9% 31.9% 35%
2014 18.1% 47.7% 27.5% 27.9%
2013 18.1% 44.2% 27.7% 29.3%
2012 17% 37.6% 24.7% 32.5%
2011 17.1% 35.3% 24.3% 35.5%
2010 15.4% 33.9% 25.9% 36.8%
2009 15.2% 30.1% 23.6% 36.9%
2008 14.3% 25.3% 20.2% 30.2%
2007 13.6% 23.5% 20.3% 34.3%
2006 13.2% 23.2% 21.6% 36.8%
2005 12.9% 23% 22.9% 45.8%
2004 12.5% 21.6% 20.2% 49.4%
2003 11.8% 20.8% 19.1% 69.8%
2002 11.6% 19.4% 19.1% 98.3%
2001 11.4% 18.5% 17.3% 99.4%
2000 11.6% 19.2% 18.1% 111.4%
1999 9.3% 19.8% 17.5% 107.8%
1998 12% 20.8% 17.1% 96.6%
1997 12.9% 21.5% - -
1996 11.5% 20.7% - -
1995 11.5% 21% - -
1994 11.7% 20.9% - -
1993 11.5% 19.7% - -
1992 11.8% 17.9% - -
1991 11.9% 15.3% - -
1990 11.4% 13.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, the Bahamas' government spending was $3.32B, accounting for 21.5% of its GDP, while Tajikistan spent $5.17B, or 29.3% of GDP.

Debt-to-GDP ratio is 73.8% in the Bahamas and 21.6% in Tajikistan, ranking 52/185 and 171/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Tajikistan
1x
Year Deficit/surplus, % of GDP
Bahamas Tajikistan
2025 -0.49% -1.79%
2024 -1.2% 0.32%
2023 -3.65% -0.92%
2022 -5.53% -0.23%
2021 -11.9% -0.64%
2020 -7.11% -4.34%
2019 -1.68% -2.04%
2018 -3.28% -2.69%
2017 -6.05% -5.65%
2016 -2.61% -2.91%
2015 -3.34% -1.96%
2014 -4.51% 0.92%
2013 -5.1% -0.73%
2012 -3.25% 0.41%
2011 -2.87% 0.6%
2010 -2.57% -2.71%
2009 -2.39% -0.2%
2008 -0.82% 1.94%
2007 -0.77% 2.13%
2006 -0.44% 2%
2005 -1.16% -2.83%
2004 -1.95% -2.32%
2003 -1.63% -1.74%
2002 -1.67% -2.4%
2001 0.3% -2.11%
2000 0.09% -4.51%
1999 1.78% -4.03%
1998 -0.43% -5.09%
1997 -1.6% -
1996 -0.15% -
1995 0.18% -
1994 -0.4% -
1993 -1.05% -
1992 -2.23% -
1991 -2.27% -
1990 -2.64% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bahamas/tajikistan | 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 Tajikistan's surplus of $46M, or 0.32% of GDP.

Over the past 27 years, the Bahamas recorded a fiscal deficit in 24 of those years, while Tajikistan ran a deficit in 20 years. On average, the Bahamas posted an annual deficit equal to 2.73% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Bahamas

Tajikistan
1x
Year Consumer prices inflation
Bahamas Tajikistan
2025 - 3.4%
2024 0.41% 3.5%
2023 3.05% 3.7%
2022 5.61% 6.6%
2021 2.9% 9%
2020 0.04% 8.6%
2019 2.49% 7.8%
2018 2.27% 3.8%
2017 1.52% 7.3%
2016 -0.35% 5.9%
2015 1.86% 5.8%
2014 1.51% 6.1%
2013 0.72% 5%
2012 1.97% 5.8%
2011 3.2% 12.4%
2010 1.34% 6.5%
2009 2.06% 6.4%
2008 4.49% 20.4%
2007 2.49% 13.2%
2006 2.39% 10%
2005 1.59% 7.3%
2004 0.98% 7.2%
2003 3.03% 16.4%
2002 2.17% 12.2%
2001 2.04% 38.6%
2000 1.61% 32.9%
1999 1.25% 27.5%
1998 1.34% 43.2%
1997 0.54% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2024, retrieved 2026-07-08).

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

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 15% in Tajikistan. In 2024, inflation was 0.41% in the Bahamas and 3.4% in Tajikistan.

Balance of trade

Bahamas Tajikistan
Current account balance
-$1.05B
2024
$3.02B
2025
Current account balance ranking
120/190
2024
38/190
2025
Current account balance, % of GDP
-6.65%
2024
+17.1%
2025
Goods imports
$4.6B
2024
$7.45B
2025
Goods exports
$874M
2024
$1.95B
2025
Service imports
$2.47B
2024
$1.14B
2025
Service exports
$5.9B
2024
$168M
2025
Imports of goods and services, % of GDP
41.5%
2024
47.9%
2024
Exports of goods and services, % of GDP
37.8%
2024
11.2%
2024

Economic freedom indices

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

Bahamas Tajikistan
Economic freedom 65.1 52.5
Economic freedom ranking 66/197 147/197
Property rights 62.7 28.4
Government integrity 67.1 18.5
Judicial effectiveness 79.8 10.1
Tax burden 96.1 94.2
Government spending 83.8 77
Fiscal health 9.1 98.6
Business freedom 69.4 60.6
Labor freedom 66.5 43.4
Monetary freedom 77.2 72.6
Trade freedom 59.4 72.2
Investment freedom 50 25
Financial freedom 60 30

Economic freedom comparison by year

Bahamas
Tajikistan
1x
Year Economic freedom index
Bahamas Tajikistan
2026 65.1 52.5
2025 63.2 51.5
2024 62.5 51.3
2023 62.6 50.6
2022 68.7 49.7
2021 64.6 55.2
2020 64.5 52.2
2019 62.9 55.6
2018 63.3 58.3
2017 61.1 58.2
2016 70.9 51.3
2015 68.7 52.7
2014 69.8 52
2013 70.1 53.4
2012 68 53.4
2011 68 53.5
2010 67.3 53
2009 70.3 54.6
2008 71.1 54.4
2007 72 53.6
2006 72.3 52.6
2005 72.6 50.4
2004 72.1 48.7
2003 73.5 46.5
2002 74.4 47.3
2001 74.8 46.8
2000 73.9 44.8
1999 74.7 41.2
1998 74.5 41.1
1997 74.5 -
1996 74 -
1995 71.8 -

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

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

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Tajikistan
Services, % of GDP
77.2%
2024
36.5%
2024
Industry, % of GDP
9.63%
2024
32.4%
2024
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
23.1%
2024
GNI, Atlas method
$14.9B
2024
$22.4B
2025
GNI per capita, PPP
$39,610
2024
$8,240
2025
Total reserves including gold
$2.63B
2024
$4.31B
2025
Total reserves ranking
123/177
2024
109/177
2025
Net foreign direct investment
-$77.6M
2024
$8.2M
2025
Net inflows of foreign direct investment
$241M
2024
$291M
2024
Net outflows of foreign direct investment
$163M
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.04%
2024
Poverty at national poverty lines
9.3%
2020
19.8%
2024
Gross capital formation, % of GDP
26.8%
2024
32.4%
2024

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/tajikistan | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. 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.