Share of government consumption in GDP vs. share of population living in extreme poverty in Bahamas

Bahamas: Share of government consumption in GDP vs. share of population living in extreme poverty was 24.1% in 2023. ▲ Rising

Latest (2023)
24.1%
Change on year
up 2.6%
World rank
50th
of 184 countries
All-time high
30.9%
in 2020
All-time low
10.2%
in 1989
Years of data
54
1970–2023

Share of government consumption in GDP vs. share of population living in extreme poverty in Bahamas, 1970–2023

1015202530197019962023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

In 2023, share of government consumption in gdp vs. share of population living in extreme poverty in Bahamas stood at 24.1%.

The figure is up 2.6% on the previous year and up 48.2% over ten years.

Over the whole period, share of government consumption in gdp vs. share of population living in extreme poverty in Bahamas peaked at 30.9% in 2020 and was at its lowest, 10.2%, in 1989.

That places Bahamas 50th out of 184 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 54 years of available data.

Share of government consumption in GDP vs. share of population living in extreme poverty in Bahamas, year by year

Annual values for Share of government consumption in GDP vs. share of population living in extreme poverty in Bahamas, 1970 to 2023.
Year % of GDP Change
1970 17.6%
1971 16.7% -5.1%
1972 17.2% +3.0%
1973 15.7% -9.0%
1974 14.1% -10.0%
1975 16.6% +17.4%
1976 14.8% -10.6%
1977 17.9% +21.2%
1978 15.4% -14.2%
1979 13.6% -11.4%
1980 11.4% -16.4%
1981 14.9% +31.0%
1982 14.1% -5.4%
1983 13.8% -2.7%
1984 12.1% -12.4%
1985 11.1% -7.9%
1986 12.1% +9.1%
1987 11.4% -5.9%
1988 12.2% +6.7%
1989 10.2% -16.0%
1990 11.2% +9.2%
1991 13.6% +22.1%
1992 11.9% -12.3%
1993 13.7% +15.0%
1994 16.8% +22.4%
1995 17.0% +1.1%
1996 15.7% -7.8%
1997 16.9% +8.1%
1998 15.5% -8.4%
1999 13.9% -10.2%
2000 13.6% -2.2%
2001 15.0% +10.0%
2002 12.4% -17.2%
2003 12.0% -3.4%
2004 12.4% +3.1%
2005 12.5% +1.5%
2006 13.9% +11.0%
2007 12.8% -8.2%
2008 14.8% +16.0%
2009 15.2% +2.9%
2010 16.4% +7.4%
2011 17.3% +5.8%
2012 15.3% -11.5%
2013 16.3% +6.2%
2014 14.6% -10.1%
2015 16.1% +10.2%
2016 15.6% -3.0%
2017 18.4% +17.4%
2018 18.8% +2.3%
2019 21.3% +13.6%
2020 30.9% +44.9%
2021 26.1% -15.7%
2022 23.5% -9.9%
2023 24.1% +2.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.0% 13.6% 17.9% 10
1980s 12.3% 10.2% 14.9% 10
1990s 14.6% 11.2% 17.0% 10
2000s 13.5% 12.0% 15.2% 10
2010s 17.0% 14.6% 21.3% 10
2020s 26.2% 23.5% 30.9% 4

Countries ranked near Bahamas

  1. 47 Central African Republic 24.3% compare
  2. 48 Bosnia and Herzegovina 24.2% compare
  3. 49 Sao Tome and Principe 24.2% compare
  4. 51 Saudi Arabia 24.0% compare
  5. 52 Guinea 23.9% compare
  6. 53 Slovenia 23.7% compare

See the full ranking of 184 places →

More poverty & inequality data for Bahamas

All data for Bahamas →

Frequently asked questions

What is share of government consumption in gdp vs. share of population living in extreme poverty in Bahamas?
Share of government consumption in gdp vs. share of population living in extreme poverty in Bahamas was 24.1% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Bahamas?
The highest recorded value was 30.9% in 2020.
What is the lowest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Bahamas?
The lowest recorded value was 10.2% in 1989.
How does Bahamas rank for share of government consumption in gdp vs. share of population living in extreme poverty?
Bahamas ranks 50th out of 184 countries with data for 2023.
Is share of government consumption in gdp vs. share of population living in extreme poverty rising or falling in Bahamas?
Over the last ten years it is up 48.2%. The long-run trend across the full record is rising.
Where does this Bahamas data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid updates them automatically from the source API.

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Share of government consumption in GDP vs. share of population living in extreme poverty in Bahamas. Statizoid, drawing on Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Retrieved 07 September 2026, from https://poverty.statizoid.com/stat/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty/bahamas-the/

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About this data

Indicator
Share of government consumption in GDP vs. share of population living in extreme poverty
Unit
% of GDP
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Government consumption divided by gross domestic product, expressed as a percentage.