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The Baha Men and the Bahamas Ministry of Tourism Launch #LET'S GO BAHAMAS Tourism Campaign

The Baha Men have created a new video for their song 'Lets Go', specifically for the #LetsGoBahamas campaign and have chosen to donate royalties to the Bahamas Red Cross.




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Turtle Tracked Traveling: Bermuda To Bahamas

A juvenile green sea turtle caught in Somerset Long Bay has made a successful trip to the Bahamas, with the Bermuda Turtle Project tracking the turtle over the course of its month-long journey spanning nearly 1,000 miles. Hardy was caught in Somerset Long Bay by the Bermuda Turtle Project. He measured 67.1 cm straight carapace […]

(Click to read the full article)




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Storm-damaged Bahamas properties hot as investors chase bargains

After Hurricane Dorian savaged the northern islands of the Bahamas, damaged properties loom as a target for real estate speculators.




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When Spillane snubbed NFL & Jackie Stewart in Bahamas

When Pat Spillane competed in the 1979 edition of International Superstars the school teacher from Templenoe was an amateur among pros, but he had the chance to pocket up to €3000 per event if he could win.




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Timeline: Bahamas

A chronology of key events




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Country profile: Bahamas

Key facts, figures and dates




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AT#150 - Travel to the Bahamas

The Bahamas




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Prince Edward and Wallis Simpson's Sprawling Bahamas Estate Is Up for Sale

After abdicating the British throne, Edward was appointed governor of the Bahamas, where he temporarily lived in a lavish home in Nassau




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Hamas demanding release of Barghouti and Sa’adat in prisoner swap


Maher Obeid, member of the Hamas 'political bureau,' said that any prisoner swap must include 'all the symbols, from Marwan Barghouti to Ahmad Sa’adat.'




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Outstanding Stays: The Other Side, Bahamas

We could all do with a strong dose of escapism right now, so each week we'll be highlighting a banging boutique to bookmark for when the world presses play again




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Justice Department Seeks to Bar Couple’s “Asset-protection” Scheme Allegedly Operated from Florida and Bahamas

The United States has filed a lawsuit to bar a married couple’s alleged nationwide tax fraud scheme involving so-called asset protection.



  • OPA Press Releases

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Tax-News.com: EU Removes Bahamas, Saint Kitts From Tax Blacklist

The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions.




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Tax-News.com: Pakistan Targeting Panama, Bahamas Leaks Taxpayers

Pakistan's Finance Minister, Mohammad Ishaq Dar, has directed the Federal Board of Revenue to approach the tax authorities of nine territories about information in the Panama and Bahamas leaks.




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The Bahamas decides to sign multilateral tax information sharing convention

The OECD welcomes the decision by The Bahamas to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, which was formally communicated to the OECD in a letter from The Bahamas’ Minister of Finance, the Hon Kevin P. Turnquest MP, on Monday 29 May 2017.




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The Bahamas takes strong steps forward to join international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, The Hon. Kevin Peter Turnquest, Deputy Prime Minister and Minister of Finance of the Bahamas signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (“the Convention”) in the presence of OECD Secretary General Angel Gurria.




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The Bahamas signs MCAA to activate automatic exchange of information for country-by-country reporting

The purpose of the CbC MCAA is to set forth rules and procedures as may be necessary for Competent Authorities of jurisdictions implementing BEPS Action 13 to automatically exchange CbC Reports prepared by the Reporting Entity of an MNE Group and filed on an annual basis with the tax authorities of the jurisdiction of tax residence of that entity with the tax authorities of all jurisdictions in which the MNE Group operates.




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Bahamas IP Addresses

IP Addresses in Bahamas increased to 80351 IP in the first quarter of 2017 from 76420 IP in the fourth quarter of 2016. IP Addresses in Bahamas averaged 60226.56 IP from 2007 until 2017, reaching an all time high of 80351 IP in the first quarter of 2017 and a record low of 35579 IP in the third quarter of 2007. This page includes a chart with historical data for BahamasIP Addresses.




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Bahamas Temperature

Temperature in Bahamas decreased to 28.66 celsius in September from 28.80 celsius in August of 2013. Temperature in Bahamas averaged 25.13 celsius from 1758 until 2013, reaching an all time high of 30.18 celsius in August of 1798 and a record low of 18.17 celsius in December of 1759. This page includes a chart with historical data for Bahamas Temperature.




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Bahamas Food Inflation

Cost of food in Bahamas increased 7.96 percent in December of 2015 over the same month in the previous year. Food Inflation in Bahamas averaged 2.56 percent from 2007 until 2015, reaching an all time high of 12.18 percent in February of 2009 and a record low of -1.79 percent in July of 2010. This page provides the latest reported value for - Bahamas Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Bahamas Current Account to GDP

Bahamas recorded a Current Account deficit of 15.50 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Bahamas averaged -4.72 percent from 1980 until 2018, reaching an all time high of 5.60 percent in 1993 and a record low of -20.20 percent in 2014. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Bahamas Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Government Debt to GDP

Bahamas recorded a government debt equivalent to 64.60 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Bahamas averaged 41.17 percent from 1991 until 2018, reaching an all time high of 73.70 percent in 2014 and a record low of 23.20 percent in 1991. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Bahamas Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Government Budget

Bahamas recorded a Government Budget deficit equal to 3.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Bahamas averaged -2.28 percent of GDP from 1990 until 2018, reaching an all time high of 0.33 percent of GDP in 1995 and a record low of -6.60 percent of GDP in 2013. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid. This page provides - Bahamas Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Bahamas expanded 1.60 percent in 2018 from the previous year. GDP Annual Growth Rate in Bahamas averaged 1.60 percent from 1990 until 2018, reaching an all time high of 7.90 percent in 1997 and a record low of -4.20 percent in 2009. The Bahamas is one of the richest countries in the Caribbean. The most important sector of the economy is tourism, which employs around half of the labour force and accounts for 60 percent of GDP. Due to low taxes, The Bahamas is a major off-shore centre and financial services account for 12 percent of GDP. The shipping industry, one of the largest in the world, is also a valuable source of income. The Bahamas is heavily dependent on the United States, the country’s largest trading partner. This page provides - Bahamas GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas GDP per capita PPP

The Gross Domestic Product per capita in Bahamas was last recorded at 28705.28 US dollars in 2017, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Bahamas, when adjusted by Purchasing Power Parity is equivalent to 162 percent of the world's average. GDP per capita PPP in Bahamas averaged 30395.47 USD from 1990 until 2017, reaching an all time high of 33668.44 USD in 2002 and a record low of 27090.77 USD in 1993. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Bahamas GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ease of Doing Business in Bahamas

Bahamas is ranked 119 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Bahamas deteriorated to 119 in 2019 from 118 in 2018. Ease of Doing Business in Bahamas averaged 96.58 from 2008 until 2019, reaching an all time high of 121 in 2016 and a record low of 59 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Bahamas.




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Bahamas Building Permits

Building Permits in Bahamas increased to 413 Units in the third quarter of 2018 from 391 Units in the second quarter of 2018. Building Permits in Bahamas averaged 357.19 Units from 2012 until 2018, reaching an all time high of 528 Units in the first quarter of 2012 and a record low of 217 Units in the fourth quarter of 2016. This page provides - Bahamas Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas GDP per capita

The Gross Domestic Product per capita in Bahamas was last recorded at 32217.87 US dollars in 2018. The GDP per Capita in Bahamas is equivalent to 255 percent of the world's average. GDP per capita in Bahamas averaged 14728.98 USD from 1960 until 2018, reaching an all time high of 32217.87 USD in 2018 and a record low of 1550.24 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Bahamas GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Imports

Imports in Bahamas decreased to 681.90 BSD Million in the third quarter of 2019 from 903.30 BSD Million in the second quarter of 2019. Imports in Bahamas averaged 690.89 BSD Million from 2002 until 2019, reaching an all time high of 996.60 BSD Million in the second quarter of 2018 and a record low of 373.30 BSD Million in the third quarter of 2002. The Bahamas mainly imports boats, fuel, oil, paintings, iron and steel, vehicles and furniture. The Bahamas’ main imports partners is the United States, accounting for 87 percent of imports. Others include Venezuela, Netherlands Antilles, Trinidad and Tobago, Japan, Cuba, Switzerland and France. This page provides - Bahamas Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Exports

Exports in Bahamas decreased to 108.80 BSD Million in the third quarter of 2019 from 277.80 BSD Million in the second quarter of 2019. Exports in Bahamas averaged 170.54 BSD Million from 2002 until 2019, reaching an all time high of 277.80 BSD Million in the second quarter of 2019 and a record low of 90 BSD Million in the second quarter of 2003. The Bahamas mainly exports fuel, boats, beverages, polymers, shellfish, cyclic compounds, paintings, oil and pebbles. The Bahamas’ main exports partner is the United States, accounting for around 72 percent of total exports. Others include Canada, Germany, France, the Netherlands, Nigeria, Turks and Caicos Islands, Mexico and the United Kingdom. This page provides - Bahamas Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Balance of Trade

Bahamas recorded a trade deficit of 573.10 BSD Million in the third quarter of 2019. Balance of Trade in Bahamas averaged -520.61 BSD Million from 2002 until 2019, reaching an all time high of -251.40 BSD Million in the third quarter of 2002 and a record low of -782 BSD Million in the second quarter of 2018. The Bahamas is heavily dependent on food imports from the United States, resulting in consistent trade deficits. The Bahamas mainly exports fuel, boats, beverages, polymers, shellfish, cyclic compounds, paintings, oil and pebbles. The Bahamas mainly imports boats, fuel, oil, paintings, iron and steel, vehicles and furniture. The Bahamas’ main trading partner is the United States, accounting for around 80 percent of total trade. Others include Venezuela, Netherlands Antilles, Trinidad and Tobago, Canada and Germany. This page provides - Bahamas Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Current Account

Bahamas recorded a Current Account deficit of 116.20 BSD Million in the third quarter of 2019. Current Account in Bahamas averaged -317.12 BSD Million from 2005 until 2019, reaching an all time high of 26.90 BSD Million in the first quarter of 2019 and a record low of -664.60 BSD Million in the fourth quarter of 2014. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Bahamas Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Corruption Index

Bahamas scored 64 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Bahamas averaged 68.25 Points from 2011 until 2019, reaching an all time high of 73 Points in 2011 and a record low of 64 Points in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Bahamas Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Bahamas Corruption Rank

Bahamas is the 29 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Bahamas averaged 24.88 from 2011 until 2019, reaching an all time high of 29 in 2018 and a record low of 21 in 2011. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Bahamas Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Bahamas Money Supply M2

Money Supply M2 in Bahamas increased to 7215 BSD Million in November from 7079 BSD Million in October of 2019. Money Supply M2 in Bahamas averaged 5662.20 BSD Million from 1995 until 2019, reaching an all time high of 7215 BSD Million in November of 2019 and a record low of 2103 BSD Million in December of 1995. Bahamas Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Bahamas Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Private Sector Credit

Private Sector Credit in Bahamas increased to 5870.10 BSD Million in November from 5854.70 BSD Million in October of 2019. Private Sector Credit in Bahamas averaged 5712.17 BSD Million from 1992 until 2019, reaching an all time high of 6686.40 BSD Million in April of 2012 and a record low of 1579.80 BSD Million in December of 1992. This page provides - Bahamas Private Sector Credit - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Sales Tax Rate

The Sales Tax Rate in Bahamas stands at 12 percent. Sales Tax Rate in Bahamas averaged 9.30 percent from 2015 until 2019, reaching an all time high of 12 percent in December of 2018 and a record low of 7.50 percent in December of 2016. In Bahamas, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Bahamas. This page provides - Bahamas Sales Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Corporate Tax Rate

The Corporate Tax Rate in Bahamas stands at 0 percent. In Bahamas, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Bahamas. This page provides - Bahamas Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Personal Income Tax Rate

The Personal Income Tax Rate in Bahamas stands at 0 percent. In Bahamas, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Bahamas. This page provides - Bahamas Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Social Security Rate For Employees

The Social Security Rate For Employees in Bahamas stands at 3.90 percent. Social Security Rate For Employees in Bahamas averaged 3.67 percent from 2004 until 2018, reaching an all time high of 3.90 percent in 2011 and a record low of 3.40 percent in 2005. In Bahamas, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Bahamas because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Bahamas Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Social Security Rate

The Social Security Rate in Bahamas stands at 9.80 percent. Social Security Rate in Bahamas averaged 9.33 percent from 2004 until 2018, reaching an all time high of 9.80 percent in 2011 and a record low of 8.80 percent in 2005. In Bahamas, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Bahamas because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Bahamas Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Social Security Rate For Companies

The Social Security Rate For Companies in Bahamas stands at 5.90 percent. Social Security Rate For Companies in Bahamas averaged 5.67 percent from 2004 until 2018, reaching an all time high of 5.90 percent in 2011 and a record low of 5.40 percent in 2005. In Bahamas, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Bahamas because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Bahamas Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Visitor Arrivals

Tourist Arrivals in Bahamas increased to 706.27 Thousand in December from 618.84 Thousand in November of 2019. Tourist Arrivals in Bahamas averaged 469.17 Thousand from 2004 until 2019, reaching an all time high of 749.04 Thousand in March of 2019 and a record low of 150.30 Thousand in September of 2004. This page provides - Bahamas Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Money Supply M0

Money Supply M0 in Bahamas increased to 336.80 BSD Million in December from 335.20 BSD Million in November of 2019. Money Supply M0 in Bahamas averaged 114.66 BSD Million from 1969 until 2019, reaching an all time high of 336.80 BSD Million in December of 2019 and a record low of 13 BSD Million in January of 1969. Bahamas Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Bahamas Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Money Supply M1

Money Supply M1 in Bahamas increased to 3248 BSD Million in December from 3119 BSD Million in November of 2019. Money Supply M1 in Bahamas averaged 1622.33 BSD Million from 1995 until 2019, reaching an all time high of 3248 BSD Million in December of 2019 and a record low of 443 BSD Million in December of 1995. This page provides - Bahamas Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Bank Lending Rate

Bank Lending Rate in Bahamas decreased to 10.43 percent in January from 10.48 percent in December of 2019. Bank Lending Rate in Bahamas averaged 11.24 percent from 1998 until 2020, reaching an all time high of 13.27 percent in July of 2015 and a record low of 8.79 percent in January of 2019. In Bahamas, the bank lending rate is the weighted average rate of interest charged on loans and overdrafts by commercial banks to consumers and companies. This page provides - Bahamas Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Consumer Price Index Cpi

Consumer Price Index Cpi in Bahamas decreased to 108.30 points in October from 108.80 points in September of 2019. Consumer Price Index Cpi in Bahamas averaged 87.80 points from 1995 until 2019, reaching an all time high of 108.90 points in July of 2019 and a record low of 70.39 points in January of 1995. This page provides - Bahamas Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Inflation Rate MoM

The Consumer Price Index in Bahamas decreased 0.50 percent in October of 2019 over the previous month. Inflation Rate Mom in Bahamas averaged 0.14 percent from 1995 until 2019, reaching an all time high of 2.80 percent in January of 2015 and a record low of -0.77 percent in October of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Bahamas Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Population

The total population in Bahamas was estimated at 0.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Bahamas had a population of 0.1 million people. The population of Bahamas represents 0.01 percent of the world´s total population which arguably means that one person in every 19960 people on the planet is a resident of Bahamas. This page provides - Bahamas Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas GDP

The Gross Domestic Product (GDP) in Bahamas was worth 13 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Bahamas represents 0.01 percent of the world economy. GDP in Bahamas averaged 4.72 USD Billion from 1960 until 2019, reaching an all time high of 13 USD Billion in 2019 and a record low of 0.17 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Bahamas GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bahamas Inflation Rate

The inflation rate in Bahamas was recorded at 1.68 percent in November of 2019. Inflation Rate in Bahamas averaged 3.88 percent from 1972 until 2019, reaching an all time high of 14.24 percent in November of 1974 and a record low of -1.42 percent in March of 2016. In The Bahamas, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Bahamas Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.