Paraguay is the 97 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Paraguay averaged 113.77 from 2007 until 2019, reaching an all time high of 124 in 2009 and a record low of 95 in 2018. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Paraguay Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages In Manufacturing in Paraguay increased to 287.50 Index Points in the first quarter of 2019 from 282.10 Index Points in the third quarter of 2018. Wages In Manufacturing in Paraguay averaged 188.09 Index Points from 2001 until 2019, reaching an all time high of 287.50 Index Points in the first quarter of 2019 and a record low of 100 Index Points in the first quarter of 2001. This page provides - Paraguay Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Paraguay decreased to 3.12 in 2018 from 3.44 in 2017. Terrorism Index in Paraguay averaged 1.75 from 2002 until 2018, reaching an all time high of 4.09 in 2014 and a record low of 0 in 2005. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Paraguay scored 28 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Paraguay averaged 23.15 Points from 1998 until 2019, reaching an all time high of 30 Points in 2016 and a record low of 15 Points in 1998. 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 - Paraguay Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Paraguay is the 137 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Paraguay averaged 131.65 from 1998 until 2019, reaching an all time high of 154 in 2009 and a record low of 84 in 1998. 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 - Paraguay Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Paraguay stands at 10 percent. In Paraguay, 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 Paraguay. This page provides - Paraguay Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Paraguay stands at 10 percent. Corporate Tax Rate in Paraguay averaged 17.73 percent from 1997 until 2018, reaching an all time high of 30 percent in 1998 and a record low of 10 percent in 2006. In Paraguay, 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 Paraguay. This page provides - Paraguay Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Paraguay stands at 25.50 percent. In Paraguay, 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 Paraguay because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Paraguay Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Paraguay stands at 16.50 percent. In Paraguay, 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 Paraguay because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Paraguay Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Paraguay stands at 9 percent. In Paraguay, 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 Paraguay because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Paraguay Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Paraguay was estimated at 7.2 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Paraguay had a population of 1.9 million people. The population of Paraguay represents 0.10 percent of the world´s total population which arguably means that one person in every 1061 people on the planet is a resident of Paraguay. This page provides - Paraguay Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Paraguay decreased to 5.70 percent in the fourth quarter of 2019 from 6.20 percent in the third quarter of 2019. Unemployment Rate in Paraguay averaged 7.06 percent from 2010 until 2019, reaching an all time high of 9.20 percent in the first quarter of 2012 and a record low of 5.20 percent in the fourth quarter of 2017. In Paraguay, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Paraguay Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Paraguay expanded 1.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Paraguay averaged 1 percent from 2008 until 2019, reaching an all time high of 10.70 percent in the fourth quarter of 2011 and a record low of -6.40 percent in the third quarter of 2011. The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP. This page provides - Paraguay GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Paraguay expanded 3.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Paraguay averaged 3.20 percent from 1995 until 2019, reaching an all time high of 13.70 percent in the first quarter of 2010 and a record low of -7.40 percent in the third quarter of 2000. In the last decade, Paraguay has been one of the fastest growing economies in Latin America mostly due to a rise in exports of agricultural commodities. Shipments of soy, cereals and meat account for more than 65 percent of total exports and for almost a quarter of the GDP. The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP. This page provides - Paraguay GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Paraguay increased to 8470518 PYG Million in the fourth quarter of 2019 from 6611521 PYG Million in the third quarter of 2019. Government Spending in Paraguay averaged 2593823.48 PYG Million from 1994 until 2019, reaching an all time high of 8470518 PYG Million in the fourth quarter of 2019 and a record low of 274586 PYG Million in the first quarter of 1994. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Paraguay Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Paraguay increased to 55147169340 PYG Thousand in the fourth quarter of 2019 from 50576740148 PYG Thousand in the third quarter of 2019. GDP Constant Prices in Paraguay averaged 35047031857.01 PYG Thousand from 1994 until 2019, reaching an all time high of 55147169340 PYG Thousand in the fourth quarter of 2019 and a record low of 22132596611 PYG Thousand in the first quarter of 1994. This page provides - Paraguay Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Paraguay increased to 116.44 points in the fourth quarter of 2019 from 114.31 points in the third quarter of 2019. GDP Deflator in Paraguay averaged 64.03 points from 1994 until 2019, reaching an all time high of 116.44 points in the fourth quarter of 2019 and a record low of 14.80 points in the first quarter of 1994. This page provides - Paraguay Gdp Deflator- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Paraguay increased to 3991873756 PYG Thousand in the fourth quarter of 2019 from 2957529025 PYG Thousand in the third quarter of 2019. GDP From Agriculture in Paraguay averaged 2466160221.64 PYG Thousand from 1994 until 2019, reaching an all time high of 6602282974 PYG Thousand in the first quarter of 2018 and a record low of 977159311 PYG Thousand in the third quarter of 1994. This page provides - Paraguay Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Paraguay increased to 3446337889 PYG Thousand in the fourth quarter of 2019 from 3377945640 PYG Thousand in the third quarter of 2019. GDP From Construction in Paraguay averaged 2013212677.90 PYG Thousand from 1994 until 2019, reaching an all time high of 3446337889 PYG Thousand in the fourth quarter of 2019 and a record low of 975621324 PYG Thousand in the fourth quarter of 2002. This page provides - Paraguay Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Paraguay increased to 10552722392 PYG Thousand in the fourth quarter of 2019 from 9844516842 PYG Thousand in the third quarter of 2019. GDP From Manufacturing in Paraguay averaged 7123783417.51 PYG Thousand from 1994 until 2019, reaching an all time high of 10552722392 PYG Thousand in the fourth quarter of 2019 and a record low of 5152598084 PYG Thousand in the first quarter of 1994. This page provides - Paraguay Gdp From Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Paraguay increased to 3836157874 PYG Thousand in the fourth quarter of 2019 from 3516102600 PYG Thousand in the third quarter of 2019. GDP From Utilities in Paraguay averaged 3389370605.99 PYG Thousand from 1994 until 2019, reaching an all time high of 4750708819 PYG Thousand in the first quarter of 2018 and a record low of 1981744864 PYG Thousand in the first quarter of 1994. This page provides - Paraguay Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Paraguay remained unchanged at 2192.84 PYG Thousand/Month in March from 2192.84 PYG Thousand/Month in February of 2020. Minimum Wages in Paraguay averaged 826.58 PYG Thousand/Month from 1980 until 2020, reaching an all time high of 2192.84 PYG Thousand/Month in July of 2019 and a record low of 20.52 PYG Thousand/Month in February of 1980. This page provides - Paraguay Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Paraguay recorded a Current Account deficit of 322.50 USD Million in the fourth quarter of 2019. Current Account in Paraguay averaged 54.39 USD Million from 2000 until 2019, reaching an all time high of 688.50 USD Million in the second quarter of 2016 and a record low of -678.70 USD 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 - Paraguay Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Paraguay recorded a capital and financial account deficit of 0.50 USD Million in the fourth quarter of 2019. Capital Flows in Paraguay averaged 17.40 USD Million from 2000 until 2019, reaching an all time high of 663.20 USD Million in the second quarter of 2012 and a record low of -611.20 USD Million in the first quarter of 2014. This page provides - Paraguay Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Paraguay recorded a trade surplus of 9343 USD Thousands in March of 2020. Balance of Trade in Paraguay averaged -97010.19 USD Thousands from 1994 until 2020, reaching an all time high of 198293 USD Thousands in April of 2014 and a record low of -566510 USD Thousands in December of 2019. In recent years, exports of agricultural commodities have surged in Paraguay. Shipments of soy, meat and cereals account for 58 percent of total exports. Main imports are: machinery, appliances and motors (30 percent of total imports); fuels and lubricants (12 percent); and chemicals (9 percent). Main trading partners are: Brazil (32 percent of total exports and 21 percent of imports) and Argentina (23 percent of exports and 9 percent of imports). Others include: China and the United States. This page provides - Paraguay Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Paraguay increased to 763407 USD Thousands in March from 713185 USD Thousands in February of 2020. Exports in Paraguay averaged 422784.82 USD Thousands from 1994 until 2020, reaching an all time high of 1093822 USD Thousands in April of 2014 and a record low of 116146 USD Thousands in January of 1994. Paraguay has an export oriented economy. Soy accounts for 35 percent of total shipments, of which soybeans (21 percent), soy flour (9 percent) and soy oil (5 percent). The country has become the fourth largest exporter and the sixth biggest producer of soybeans. Others exports include: electric energy (21 percent), meat (14 percent) and cereals (9 percent). Main export partners are: Brazil (33 percent of total exports), Argentina (23 percent), Chile (8 percent) and Russia (8 percent). Others include: India, the US and Peru. This page provides - Paraguay Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Paraguay decreased to 754064 USD Thousands in March from 853097 USD Thousands in February of 2020. Imports in Paraguay averaged 519788.26 USD Thousands from 1994 until 2020, reaching an all time high of 1187335 USD Thousands in October of 2018 and a record low of 104591 USD Thousands in February of 2003. Paraguay main imports are: machinery, appliances and motors (30 percent of total imports); fuels and lubricants (12 percent); chemicals (9 percent); and transport element and accessories (6 percent). The most important import partners are: China (34 percent of total imports), Brazil (21 percent), Argentina (9 percent) and the US (8 percent). Others include: Singapore, Japan and Germany. This page provides - Paraguay Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Paraguay remained unchanged at 2 Thousand Tonnes in March from 2 Thousand Tonnes in February of 2020. Steel Production in Paraguay averaged 5.29 Thousand Tonnes from 1990 until 2020, reaching an all time high of 13 Thousand Tonnes in May of 2006 and a record low of 0 Thousand Tonnes in July of 1990. This page has Steel Production values for Paraguay.

Paraguay recorded a government debt equivalent to 22.90 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Paraguay averaged 24.45 percent from 1990 until 2019, reaching an all time high of 67 percent in 1990 and a record low of 8.10 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Paraguay Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Paraguay increased to 9606.20 USD Million in March from 9498.70 USD Million in February of 2020. Government Debt in Paraguay averaged 6419.47 USD Million from 2004 until 2020, reaching an all time high of 9606.20 USD Million in March of 2020 and a record low of 2350.60 USD Million in December of 2005. This page provides - Paraguay Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Paraguay recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2019. Government Budget in Paraguay averaged -0.24 percent of GDP from 1990 until 2019, reaching an all time high of 4.50 percent of GDP in 1990 and a record low of -3.30 percent of GDP in 2002. 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 - Paraguay Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Leading Economic Index Paraguay increased 6.30 percent in February of 2020 over the same month in the previous year. Leading Economic Index in Paraguay averaged 3.63 percent from 1995 until 2020, reaching an all time high of 23 percent in April of 2013 and a record low of -10.30 percent in May of 2009. In Paraguay, the Monthly Economic Activity Indicator - IMAEP - is an index that summarizes the activity of different economic sectors in a given month, anticipating the future movements in GDP. The calculation is based on GDP weights for eight economic activities: services (52.2 percent); manufacturing (17.6 percent); agriculture (14 percent); livestock (5.8 percent); construction (5.8 percent; forestry and fishing (2.7 percent); utilities (1.8 percent) and mining (0.1 percent). The index has a base value of 100 as of 1994. This page provides - Paraguay Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Paraguay decreased 0.20 percent in April of 2020 over the previous month. Inflation Rate Mom in Paraguay averaged 0.57 percent from 1994 until 2020, reaching an all time high of 3.95 percent in January of 2003 and a record low of -2.24 percent in November of 2007. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Paraguay Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

CPI Housing Utilities in Paraguay remained unchanged at 106.30 points in April from 106.30 points in March of 2020. CPI Housing Utilities in Paraguay averaged 97.78 points from 1994 until 2020, reaching an all time high of 159.20 points in December of 2017 and a record low of 35.20 points in December of 1994. This page provides - Paraguay Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Paraguay decreased to 112.30 points in April of 2020 from 114.10 points in March of 2020. CPI Transportation in Paraguay averaged 85.49 points from 1994 until 2020, reaching an all time high of 127.10 points in December of 2015 and a record low of 23.32 points in December of 1994. This page provides - Paraguay Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Paraguay increased 2.30 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Paraguay averaged 7.11 percent from 1993 until 2020, reaching an all time high of 21.79 percent in March of 1994 and a record low of 0.68 percent in November of 2004. This page provides the latest reported value for - Paraguay Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Paraguay was recorded at 2 percent in April of 2020. Inflation Rate in Paraguay averaged 5.22 percent from 2005 until 2020, reaching an all time high of 13.40 percent in June of 2008 and a record low of 0.90 percent in May of 2013. In Paraguay, the main components of the consumer price index are: Food (32 percent of the total weight); Transports (14.8 percent) and Shelter, Household Maintenance and Services (8.9 percent). Furniture and Household Equipment account for 7.7 percent; Miscellaneous Goods and Services for 7.3 percent and Leisure and Culture for 6.1 percent. Others include: Restaurants and Hotels (5.5 percent); Clothing (4.9 percent); Health Care (4.1 percent); Education (4 percent); Communications (3.4 percent) and Alcoholic Beverages and Tobacco (1.2 percent). The national index has a base of 100 as of December 2007. The CPI reflects the prices and spending patterns registered in the metropolitan area of Asunción, which includes: Asunción, Luque, Fernando de la Mora, Lambaré, San Lorenzo and Capiatá, and which accounts for 43.5 percent of the urban population of the country. This page provides - Paraguay Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Paraguay increased to 7893020 USD Thousand in March from 7828380 USD Thousand in February of 2020. External Debt in Paraguay averaged 2660990.86 USD Thousand from 1994 until 2020, reaching an all time high of 7893020 USD Thousand in March of 2020 and a record low of 1221099 USD Thousand in January of 1994. This page provides - Paraguay External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Paraguay stands at BB with stable outlook. Moody's credit rating for Paraguay was last set at Ba1 with stable outlook. Fitch's credit rating for Paraguay was last reported at BB+ with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Paraguay thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Paraguay as reported by major credit rating agencies.

Paraguay recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Paraguay reported 563 Coronavirus Cases. This page includes a chart with historical data for Paraguay Coronavirus Deaths.

Government Payrolls in Puerto Rico increased by 208 thousand in March of 2020. Government Payrolls in Puerto Rico averaged 276.56 Thousand from 1990 until 2020, reaching an all time high of 401.90 Thousand in July of 1996 and a record low of 199.60 Thousand in August of 2019. This page provides - Puerto Rico Government Payrolls- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Payrolls in the United States decreased by 980 thousand in April of 2020. Government Payrolls in the United States averaged 18.20 Thousand from 1939 until 2020, reaching an all time high of 427 Thousand in May of 2010 and a record low of -980 Thousand in April of 2020. Government Payrolls reports the absolute change in the number of employees working in the Government sector in the United States. It includes Federal, State and Local governments. This page provides the latest reported value for - United States Government Payrolls - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

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.

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.

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.

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.

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.

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.

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.