Military spending gmsd in Bahamas

Bahamas: Military spending gmsd was 118.22 million in 2020. ◆ Volatile

Latest (2020)
118.22 million
Change on year
down 2.2%
World rank
145th
of 172 countries
All-time high
131.71 million
in 2016
All-time low
13.09 million
in 1979
Years of data
48
1973–2020

Military spending gmsd in Bahamas, 1973–2020

25.0M50.0M75.0M100.0M125.0M197319962020

Source: Our World in Data.

Analysis

In 2020, military spending gmsd in Bahamas stood at 118.22 million.

The figure is down 2.2% on the previous year and up 104.6% over ten years.

Over the whole period, military spending gmsd in Bahamas peaked at 131.71 million in 2016 and was at its lowest, 13.09 million, in 1979.

That places Bahamas 145th out of 172 countries with data for 2020, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending gmsd in Bahamas, year by year

Annual values for Military spending gmsd in Bahamas, 1973 to 2020.
Year Value Change
1973 20.14 million —
1974 20.14 million +0.0%
1975 18.43 million -8.5%
1976 18.14 million -1.6%
1977 16.39 million -9.7%
1978 14.74 million -10.0%
1979 13.09 million -11.2%
1980 13.43 million +2.5%
1981 15.35 million +14.3%
1982 18.21 million +18.6%
1983 19.08 million +4.8%
1984 20.36 million +6.8%
1985 21.09 million +3.5%
1986 25.81 million +22.4%
1987 28.54 million +10.6%
1988 125.53 million +339.9%
1989 115.80 million -7.8%
1990 99.25 million -14.3%
1991 84.07 million -15.3%
1992 52.45 million -37.6%
1993 44.64 million -14.9%
1994 36.42 million -18.4%
1995 36.68 million +0.7%
1996 34.63 million -5.6%
1997 36.50 million +5.4%
1998 38.44 million +5.3%
1999 40.81 million +6.2%
2000 42.30 million +3.7%
2001 42.96 million +1.6%
2002 44.07 million +2.6%
2003 44.24 million +0.4%
2004 47.80 million +8.0%
2005 51.01 million +6.7%
2006 55.49 million +8.8%
2007 61.87 million +11.5%
2008 58.88 million -4.8%
2009 59.70 million +1.4%
2010 57.79 million -3.2%
2011 61.54 million +6.5%
2012 66.53 million +8.1%
2013 74.13 million +11.4%
2014 97.06 million +30.9%
2015 126.48 million +30.3%
2016 131.71 million +4.1%
2017 122.64 million -6.9%
2018 113.28 million -7.6%
2019 120.84 million +6.7%
2020 118.22 million -2.2%

Bahamas compared with similar countries

  • Bahamas's 118.22 million is below the median for high income countries, which is 6.50 billion, 2% of the median. (55 countries reporting)
  • Bahamas's 118.22 million is below the median for Latin America & Caribbean, which is 509.92 million, 23% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1988 +339.9% 28.54 million 125.53 million

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.29 million 13.09 million 20.14 million 7
1980s 40.32 million 13.43 million 125.53 million 10
1990s 50.39 million 34.63 million 99.25 million 10
2000s 50.83 million 42.30 million 61.87 million 10
2010s 97.20 million 57.79 million 131.71 million 10
2020s 118.22 million 118.22 million 118.22 million 1

Countries ranked near Bahamas

  1. 142 Madagascar 124.17 million compare
  2. 143 Montenegro 120.89 million compare
  3. 144 Malta 118.50 million compare
  4. 146 Papua New Guinea 116.43 million compare
  5. 147 Nicaragua 110.71 million compare
  6. 148 Guyana 106.79 million compare

See the full ranking of 172 places →

More reference data data for Bahamas

All data for Bahamas →

Frequently asked questions

What is military spending gmsd in Bahamas?
Military spending gmsd in Bahamas was 118.22 million in 2020, according to Our World in Data.
What is the highest military spending gmsd recorded in Bahamas?
The highest recorded value was 131.71 million in 2016.
What is the lowest military spending gmsd recorded in Bahamas?
The lowest recorded value was 13.09 million in 1979.
How does Bahamas rank for military spending gmsd?
Bahamas ranks 145th out of 172 countries with data for 2020.
Is military spending gmsd rising or falling in Bahamas?
Over the last ten years it is up 104.6%. The long-run trend across the full record is volatile.
Where does this Bahamas data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Bahamas. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/bahamas-the/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed