Bahamas: Tax revenue

* indicates monthly or quarterly data series

Tax revenue, percent of GDP

 Latest value 16.73
 Year 2022
 Measure percent
 Data availability 1990 - 2022
 Average 12.93
 Min - Max 9.00 - 19.05
 Source The World Bank
For that indicator, we provide data for the Bahamas from 1990 to 2022. The average value for the Bahamas during that period was 12.93 percent with a minimum of 9 percent in 2002 and a maximum of 19.05 percent in 2020. The latest value from 2022 is 16.73 percent. For comparison, the world average in 2022 based on 20 countries is 19.11 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Bahamas - Tax revenue - Recent values chart

Historical chart
Bahamas - Tax revenue - historical chart - 1990-2022

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 13.82 2022 percent
 Government spending, in dollars 1.86 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -3.80 2023 percent
 Government debt 86.40 2023 percent
 Government expenditure 0.47 Q3/2023 billion
 Tax revenue 16.73 2022 percent
 Commercial tax rate 33.80 2019 percent
 Tax preparation time 155 2019 hours
 Number of taxes 20 2019 taxes
 Taxes on goods and services 57.13 2022 percent
 Taxes on international trade 19.64 2022 percent
 Foreign aid 4.48 2004 million U.S. dollars
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