Exports of Goods and Services % of GDP for the Bahamas, The



Indicator Definition:
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

The statistic "Exports of Goods and Services % of GDP" stands at 37.78 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.0279 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.0279.
The 3 year change in percentage points is 9.81.
The 5 year change in percentage points is 2.80.
The 10 year change in percentage points is 0.4206.

The Serie's long term average value is 46.19 percent. It's latest available value, on 12/31/2024, is 8.41 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2020, to it's latest available value, on 12/31/2024, is +14.51.
The Serie's change in percentage points from it's maximum value, on 12/31/1978, to it's latest available value, on 12/31/2024, is -44.88.

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