What is military spending, per unit of gdp in Bahamas?

Military spending, per unit of gdp in Bahamas was 0.0114 constant 2022 US$ per US$ of GDP in 2020, according to Statizoid (derived).

What is the highest military spending, per unit of gdp recorded in Bahamas?

The highest recorded value was 0.0445 constant 2022 US$ per US$ of GDP in 1988.

What is the lowest military spending, per unit of gdp recorded in Bahamas?

The lowest recorded value was 0.005 constant 2022 US$ per US$ of GDP in 2002.

How does Bahamas rank for military spending, per unit of gdp?

Bahamas ranks 127th out of 170 countries with data for 2020.

Is military spending, per unit of gdp rising or falling in Bahamas?

Over the last ten years it is up 99.3%. The long-run trend across the full record is volatile.

Where does this Bahamas data come from?

The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

Military spending, per unit of GDP in Bahamas

Name: Military spending, per unit of GDP in Bahamas
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Bahamas: Military spending, per unit of GDP was 0.0114 constant 2022 US$ per US$ of GDP in 2020. ◆ Volatile

Latest (2020)

0.0114 constant 2022 US$ per US$ of GDP

Change on year

up 25.3%

World rank

127th

of 170 countries

All-time high

0.0445 constant 2022 US$ per US$ of GDP

in 1988

All-time low

0.005 constant 2022 US$ per US$ of GDP

in 2002

Years of data

1973–2020

Military spending, per unit of GDP in Bahamas, 1973–2020

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

In 2020, military spending, per unit of gdp in Bahamas stood at 0.0114 constant 2022 US$ per US$ of GDP.

Compared with earlier readings it is up 25.3% on the previous year and up 99.3% over ten years.

Over the whole period, military spending, per unit of gdp in Bahamas peaked at 0.0445 constant 2022 US$ per US$ of GDP in 1988 and was at its lowest, 0.005 constant 2022 US$ per US$ of GDP, in 2002.

That places Bahamas 127th out of 170 countries with data for 2020, putting it in the middle of the range.

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

Military spending, per unit of GDP in Bahamas, year by year

Annual values for Military spending, per unit of GDP in Bahamas, 1973 to 2020.
Year	constant 2022 US$ per US$ of GDP	Change
1973	0.03 constant 2022 US$ per US$ of GDP	—
1974	0.0318 constant 2022 US$ per US$ of GDP	+6.1%
1975	0.0309 constant 2022 US$ per US$ of GDP	-2.9%
1976	0.0283 constant 2022 US$ per US$ of GDP	-8.6%
1977	0.023 constant 2022 US$ per US$ of GDP	-18.7%
1978	0.0177 constant 2022 US$ per US$ of GDP	-22.9%
1979	0.0115 constant 2022 US$ per US$ of GDP	-35.1%
1980	0.0101 constant 2022 US$ per US$ of GDP	-12.5%
1981	0.0108 constant 2022 US$ per US$ of GDP	+7.0%
1982	0.0115 constant 2022 US$ per US$ of GDP	+7.2%
1983	0.011 constant 2022 US$ per US$ of GDP	-4.6%
1984	0.01 constant 2022 US$ per US$ of GDP	-9.4%
1985	0.0091 constant 2022 US$ per US$ of GDP	-8.9%
1986	0.0104 constant 2022 US$ per US$ of GDP	+14.9%
1987	0.0105 constant 2022 US$ per US$ of GDP	+0.7%
1988	0.0445 constant 2022 US$ per US$ of GDP	+323.7%
1989	0.0378 constant 2022 US$ per US$ of GDP	-15.1%
1990	0.0313 constant 2022 US$ per US$ of GDP	-17.1%
1991	0.027 constant 2022 US$ per US$ of GDP	-13.8%
1992	0.0169 constant 2022 US$ per US$ of GDP	-37.6%
1993	0.0144 constant 2022 US$ per US$ of GDP	-14.4%
1994	0.0112 constant 2022 US$ per US$ of GDP	-22.6%
1995	0.0107 constant 2022 US$ per US$ of GDP	-4.3%
1996	0.0096 constant 2022 US$ per US$ of GDP	-10.3%
1997	0.0058 constant 2022 US$ per US$ of GDP	-39.9%
1998	0.0056 constant 2022 US$ per US$ of GDP	-2.4%
1999	0.0053 constant 2022 US$ per US$ of GDP	-5.6%
2000	0.0052 constant 2022 US$ per US$ of GDP	-1.4%
2001	0.0052 constant 2022 US$ per US$ of GDP	-1.4%
2002	0.005 constant 2022 US$ per US$ of GDP	-3.9%
2003	0.005 constant 2022 US$ per US$ of GDP	+0.5%
2004	0.0053 constant 2022 US$ per US$ of GDP	+5.8%
2005	0.0052 constant 2022 US$ per US$ of GDP	-1.8%
2006	0.0055 constant 2022 US$ per US$ of GDP	+5.3%
2007	0.0058 constant 2022 US$ per US$ of GDP	+6.8%
2008	0.0056 constant 2022 US$ per US$ of GDP	-4.0%
2009	0.006 constant 2022 US$ per US$ of GDP	+6.9%
2010	0.0057 constant 2022 US$ per US$ of GDP	-4.3%
2011	0.0061 constant 2022 US$ per US$ of GDP	+6.8%
2012	0.0062 constant 2022 US$ per US$ of GDP	+1.5%
2013	0.0071 constant 2022 US$ per US$ of GDP	+14.0%
2014	0.0087 constant 2022 US$ per US$ of GDP	+23.1%
2015	0.0107 constant 2022 US$ per US$ of GDP	+22.6%
2016	0.0111 constant 2022 US$ per US$ of GDP	+3.8%
2017	0.0099 constant 2022 US$ per US$ of GDP	-11.1%
2018	0.0088 constant 2022 US$ per US$ of GDP	-10.3%
2019	0.0091 constant 2022 US$ per US$ of GDP	+3.0%
2020	0.0114 constant 2022 US$ per US$ of GDP	+25.3%

Bahamas compared with similar countries

Bahamas's 0.0114 constant 2022 US$ per US$ of GDP is below the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 60% of the median. (55 countries reporting)
Bahamas's 0.0114 constant 2022 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 1.0× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP 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	+323.7%	0.0105 constant 2022 US$ per US$ of GDP	0.0445 constant 2022 US$ per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.0247 constant 2022 US$ per US$ of GDP	0.0115 constant 2022 US$ per US$ of GDP	0.0318 constant 2022 US$ per US$ of GDP	7
1980s	0.0166 constant 2022 US$ per US$ of GDP	0.0091 constant 2022 US$ per US$ of GDP	0.0445 constant 2022 US$ per US$ of GDP	10
1990s	0.0138 constant 2022 US$ per US$ of GDP	0.0053 constant 2022 US$ per US$ of GDP	0.0313 constant 2022 US$ per US$ of GDP	10
2000s	0.0054 constant 2022 US$ per US$ of GDP	0.005 constant 2022 US$ per US$ of GDP	0.006 constant 2022 US$ per US$ of GDP	10
2010s	0.0083 constant 2022 US$ per US$ of GDP	0.0057 constant 2022 US$ per US$ of GDP	0.0111 constant 2022 US$ per US$ of GDP	10
2020s	0.0114 constant 2022 US$ per US$ of GDP	0.0114 constant 2022 US$ per US$ of GDP	0.0114 constant 2022 US$ per US$ of GDP	1

Countries ranked near Bahamas

124 Bangladesh 0.0122 constant 2022 US$ per US$ of GDP compare
125 Egypt 0.0122 constant 2022 US$ per US$ of GDP compare
126 Malaysia 0.0117 constant 2022 US$ per US$ of GDP compare
128 Cameroon 0.0112 constant 2022 US$ per US$ of GDP compare
129 Paraguay 0.011 constant 2022 US$ per US$ of GDP compare
130 Belize 0.0107 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

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)

All data for Bahamas →

Frequently asked questions

What is military spending, per unit of gdp in Bahamas?: Military spending, per unit of gdp in Bahamas was 0.0114 constant 2022 US$ per US$ of GDP in 2020, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Bahamas?: The highest recorded value was 0.0445 constant 2022 US$ per US$ of GDP in 1988.
What is the lowest military spending, per unit of gdp recorded in Bahamas?: The lowest recorded value was 0.005 constant 2022 US$ per US$ of GDP in 2002.
How does Bahamas rank for military spending, per unit of gdp?: Bahamas ranks 127th out of 170 countries with data for 2020.
Is military spending, per unit of gdp rising or falling in Bahamas?: Over the last ten years it is up 99.3%. The long-run trend across the full record is volatile.
Where does this Bahamas data come from?: The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Bahamas. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/bahamas-the/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Military spending, per unit of GDP
Unit: constant 2022 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 170 places, 9,064 data points, 1960–2023
Last refreshed: 16 September 2026

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.