Proportion of domestic budget funded by domestic taxes in Bahamas
Bahamas: Proportion of domestic budget funded by domestic taxes was 73.0% in 2023. ▼ Falling
Proportion of domestic budget funded by domestic taxes in Bahamas, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for proportion of domestic budget funded by domestic taxes in Bahamas is 73.0%, measured in 2023.
That represents a change of up 12.5% on the previous year and up 13.8% over ten years.
Over the whole period, proportion of domestic budget funded by domestic taxes in Bahamas peaked at 94.0% in 2000 and was at its lowest, 49.7%, in 2021.
That places Bahamas 33rd out of 182 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Proportion of domestic budget funded by domestic taxes in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 94.0% | — |
| 2001 | 85.9% | -8.6% |
| 2002 | 78.6% | -8.5% |
| 2003 | 77.2% | -1.7% |
| 2004 | 76.3% | -1.2% |
| 2005 | 81.0% | +6.2% |
| 2006 | 86.4% | +6.6% |
| 2007 | 85.2% | -1.4% |
| 2008 | 84.2% | -1.2% |
| 2009 | 71.9% | -14.5% |
| 2010 | 64.2% | -10.7% |
| 2011 | 71.1% | +10.8% |
| 2012 | 65.7% | -7.7% |
| 2013 | 64.1% | -2.4% |
| 2014 | 64.2% | +0.2% |
| 2015 | 71.1% | +10.7% |
| 2016 | 73.0% | +2.7% |
| 2017 | 67.4% | -7.7% |
| 2018 | 74.7% | +10.8% |
| 2019 | 83.1% | +11.2% |
| 2020 | 64.1% | -22.9% |
| 2021 | 49.7% | -22.5% |
| 2022 | 64.9% | +30.5% |
| 2023 | 73.0% | +12.5% |
Bahamas compared with similar countries
- Bahamas's 73.0% is above the median for high income countries, which is 55.1%, 1.3× the median. (58 countries reporting)
- Bahamas's 73.0% is above the median for Latin America & Caribbean, which is 69.4%, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 82.1% | 71.9% | 94.0% | 10 |
| 2010s | 69.9% | 64.1% | 83.1% | 10 |
| 2020s | 62.9% | 49.7% | 73.0% | 4 |
Countries ranked near Bahamas
- 30 Antigua and Barbuda 74.1% compare
- 31 Kazakhstan 73.4% compare
- 32 Iceland 73.2% compare
- 34 United Arab Emirates 72.9% compare
- 35 Suriname 72.9% compare
- 36 Papua New Guinea 71.6% compare
More infrastructure data for Bahamas
- Mobile cellular subscriptions 387,960 (2024)
- Mobile cellular subscriptions 96.68 per 100 people (2024)
- Fixed telephone subscriptions 93,084 (2024)
- Fixed telephone subscriptions 23.2 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.232 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -3.77 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 93,084 (2024)
- Mobile cellular subscriptions, per capita 0.9668 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is proportion of domestic budget funded by domestic taxes in Bahamas?
- Proportion of domestic budget funded by domestic taxes in Bahamas was 73.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest proportion of domestic budget funded by domestic taxes recorded in Bahamas?
- The highest recorded value was 94.0% in 2000.
- What is the lowest proportion of domestic budget funded by domestic taxes recorded in Bahamas?
- The lowest recorded value was 49.7% in 2021.
- How does Bahamas rank for proportion of domestic budget funded by domestic taxes?
- Bahamas ranks 33rd out of 182 countries with data for 2023.
- Is proportion of domestic budget funded by domestic taxes rising or falling in Bahamas?
- Over the last ten years it is up 13.8%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of domestic budget funded by domestic taxes (%). Statizoid updates them automatically from the source API.
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