Military spending in Bahamas
Bahamas: Military spending was 118.22 million constant 2022 US$ in 2020. ◆ Volatile
Latest (2020)
118.22 million constant 2022 US$
Change on year
down 2.2%
World rank
145th
of 172 countries
All-time high
131.71 million constant 2022 US$
in 2016
All-time low
13.09 million constant 2022 US$
in 1979
Years of data
48
1973–2020
Military spending in Bahamas, 1973–2020
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
In 2020, military spending in Bahamas stood at 118.22 million constant 2022 US$.
The figure is down 2.2% on the previous year and up 104.6% over ten years.
Over the whole period, military spending in Bahamas peaked at 131.71 million constant 2022 US$ in 2016 and was at its lowest, 13.09 million constant 2022 US$, in 1979.
That places Bahamas 145th out of 172 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Bahamas, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1973 | 20.14 million constant 2022 US$ | — |
| 1974 | 20.14 million constant 2022 US$ | +0.0% |
| 1975 | 18.43 million constant 2022 US$ | -8.5% |
| 1976 | 18.14 million constant 2022 US$ | -1.6% |
| 1977 | 16.39 million constant 2022 US$ | -9.7% |
| 1978 | 14.74 million constant 2022 US$ | -10.0% |
| 1979 | 13.09 million constant 2022 US$ | -11.2% |
| 1980 | 13.43 million constant 2022 US$ | +2.5% |
| 1981 | 15.35 million constant 2022 US$ | +14.3% |
| 1982 | 18.21 million constant 2022 US$ | +18.6% |
| 1983 | 19.08 million constant 2022 US$ | +4.8% |
| 1984 | 20.36 million constant 2022 US$ | +6.8% |
| 1985 | 21.09 million constant 2022 US$ | +3.5% |
| 1986 | 25.81 million constant 2022 US$ | +22.4% |
| 1987 | 28.54 million constant 2022 US$ | +10.6% |
| 1988 | 125.53 million constant 2022 US$ | +339.9% |
| 1989 | 115.80 million constant 2022 US$ | -7.8% |
| 1990 | 99.25 million constant 2022 US$ | -14.3% |
| 1991 | 84.07 million constant 2022 US$ | -15.3% |
| 1992 | 52.45 million constant 2022 US$ | -37.6% |
| 1993 | 44.64 million constant 2022 US$ | -14.9% |
| 1994 | 36.42 million constant 2022 US$ | -18.4% |
| 1995 | 36.68 million constant 2022 US$ | +0.7% |
| 1996 | 34.63 million constant 2022 US$ | -5.6% |
| 1997 | 36.50 million constant 2022 US$ | +5.4% |
| 1998 | 38.44 million constant 2022 US$ | +5.3% |
| 1999 | 40.81 million constant 2022 US$ | +6.2% |
| 2000 | 42.30 million constant 2022 US$ | +3.7% |
| 2001 | 42.96 million constant 2022 US$ | +1.6% |
| 2002 | 44.07 million constant 2022 US$ | +2.6% |
| 2003 | 44.24 million constant 2022 US$ | +0.4% |
| 2004 | 47.80 million constant 2022 US$ | +8.0% |
| 2005 | 51.01 million constant 2022 US$ | +6.7% |
| 2006 | 55.49 million constant 2022 US$ | +8.8% |
| 2007 | 61.87 million constant 2022 US$ | +11.5% |
| 2008 | 58.88 million constant 2022 US$ | -4.8% |
| 2009 | 59.70 million constant 2022 US$ | +1.4% |
| 2010 | 57.79 million constant 2022 US$ | -3.2% |
| 2011 | 61.54 million constant 2022 US$ | +6.5% |
| 2012 | 66.53 million constant 2022 US$ | +8.1% |
| 2013 | 74.13 million constant 2022 US$ | +11.4% |
| 2014 | 97.06 million constant 2022 US$ | +30.9% |
| 2015 | 126.48 million constant 2022 US$ | +30.3% |
| 2016 | 131.71 million constant 2022 US$ | +4.1% |
| 2017 | 122.64 million constant 2022 US$ | -6.9% |
| 2018 | 113.28 million constant 2022 US$ | -7.6% |
| 2019 | 120.84 million constant 2022 US$ | +6.7% |
| 2020 | 118.22 million constant 2022 US$ | -2.2% |
Bahamas compared with similar countries
- Bahamas's 118.22 million constant 2022 US$ is below the median for high income countries, which is 6.50 billion constant 2022 US$, 2% of the median. (55 countries reporting)
- Bahamas's 118.22 million constant 2022 US$ is below the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 23% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +339.9% | 28.54 million constant 2022 US$ | 125.53 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.29 million constant 2022 US$ | 13.09 million constant 2022 US$ | 20.14 million constant 2022 US$ | 7 |
| 1980s | 40.32 million constant 2022 US$ | 13.43 million constant 2022 US$ | 125.53 million constant 2022 US$ | 10 |
| 1990s | 50.39 million constant 2022 US$ | 34.63 million constant 2022 US$ | 99.25 million constant 2022 US$ | 10 |
| 2000s | 50.83 million constant 2022 US$ | 42.30 million constant 2022 US$ | 61.87 million constant 2022 US$ | 10 |
| 2010s | 97.20 million constant 2022 US$ | 57.79 million constant 2022 US$ | 131.71 million constant 2022 US$ | 10 |
| 2020s | 118.22 million constant 2022 US$ | 118.22 million constant 2022 US$ | 118.22 million constant 2022 US$ | 1 |
Countries ranked near Bahamas
- 142 Madagascar 124.17 million constant 2022 US$ compare
- 143 Montenegro 120.89 million constant 2022 US$ compare
- 144 Malta 118.50 million constant 2022 US$ compare
- 146 Papua New Guinea 116.43 million constant 2022 US$ compare
- 147 Nicaragua 110.71 million constant 2022 US$ compare
- 148 Guyana 106.79 million constant 2022 US$ compare
More reference data data for Bahamas
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.018 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0145 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0325 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0325 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0605 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0228 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0775 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.161 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is military spending in Bahamas?
- Military spending in Bahamas was 118.22 million constant 2022 US$ in 2020, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Bahamas?
- The highest recorded value was 131.71 million constant 2022 US$ in 2016.
- What is the lowest military spending recorded in Bahamas?
- The lowest recorded value was 13.09 million constant 2022 US$ in 1979.
- How does Bahamas rank for military spending?
- Bahamas ranks 145th out of 172 countries with data for 2020.
- Is military spending 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 Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.