Natural resource rents in Bahamas
Bahamas: Natural resource rents was 0.0148 in 2021. ◆ Volatile
Latest (2021)
0.0148
Change on year
down 23.2%
World rank
173rd
of 211 countries
All-time high
0.907
in 1970
All-time low
0.0063
in 2005
Years of data
52
1970–2021
Natural resource rents in Bahamas, 1970–2021
Source: Our World in Data.
Analysis
In 2021, natural resource rents in Bahamas stood at 0.0148.
The figure is down 23.2% on the previous year and up 10.4% over ten years.
Over the whole period, natural resource rents in Bahamas peaked at 0.907 in 1970 and was at its lowest, 0.0063, in 2005.
Bahamas ranks 173rd of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Natural resource rents in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.907 | — |
| 1971 | 0.8473 | -6.6% |
| 1972 | 0.8936 | +5.5% |
| 1973 | 0.8478 | -5.1% |
| 1974 | 0.7474 | -11.8% |
| 1975 | 0.4446 | -40.5% |
| 1976 | 0.2709 | -39.1% |
| 1977 | 0.2936 | +8.4% |
| 1978 | 0.297 | +1.2% |
| 1979 | 0.2002 | -32.6% |
| 1980 | 0.2262 | +13.0% |
| 1981 | 0.1872 | -17.2% |
| 1982 | 0.1853 | -1.0% |
| 1983 | 0.1409 | -24.0% |
| 1984 | 0.1149 | -18.4% |
| 1985 | 0.0408 | -64.5% |
| 1986 | 0.0404 | -1.0% |
| 1987 | 0.043 | +6.5% |
| 1988 | 0.0661 | +53.7% |
| 1989 | 0.0584 | -11.8% |
| 1990 | 0.1175 | +101.3% |
| 1991 | 0.0985 | -16.2% |
| 1992 | 0.0847 | -14.0% |
| 1993 | 0.1067 | +26.0% |
| 1994 | 0.0824 | -22.8% |
| 1995 | 0.094 | +14.1% |
| 1996 | 0.0801 | -14.8% |
| 1997 | 0.0407 | -49.2% |
| 1998 | 0.0098 | -75.9% |
| 1999 | 0.0089 | -8.9% |
| 2000 | 0.0065 | -26.8% |
| 2001 | 0.0067 | +2.7% |
| 2002 | 0.008 | +19.4% |
| 2003 | 0.0071 | -11.3% |
| 2004 | 0.0063 | -11.2% |
| 2005 | 0.0063 | -1.1% |
| 2006 | 0.0074 | +18.4% |
| 2007 | 0.0079 | +6.2% |
| 2008 | 0.0088 | +12.1% |
| 2009 | 0.0086 | -2.2% |
| 2010 | 0.0153 | +77.3% |
| 2011 | 0.0134 | -12.6% |
| 2012 | 0.0124 | -7.6% |
| 2013 | 0.0157 | +27.3% |
| 2014 | 0.0178 | +12.9% |
| 2015 | 0.0143 | -19.6% |
| 2016 | 0.0174 | +22.2% |
| 2017 | 0.0172 | -1.3% |
| 2018 | 0.0131 | -23.7% |
| 2019 | 0.0122 | -7.1% |
| 2020 | 0.0192 | +57.5% |
| 2021 | 0.0148 | -23.2% |
Bahamas compared with similar countries
- Bahamas's 0.0148 is below the median for high income countries, which is 0.1193, 12% of the median. (82 countries reporting)
- Bahamas's 0.0148 is below the median for Latin America & Caribbean, which is 0.6644, 2% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5749 | 0.2002 | 0.907 | 10 |
| 1980s | 0.1103 | 0.0404 | 0.2262 | 10 |
| 1990s | 0.0723 | 0.0089 | 0.1175 | 10 |
| 2000s | 0.0074 | 0.0063 | 0.0088 | 10 |
| 2010s | 0.0149 | 0.0122 | 0.0178 | 10 |
| 2020s | 0.017 | 0.0148 | 0.0192 | 2 |
Countries ranked near Bahamas
- 170 France 0.0325 compare
- 171 Saint Vincent and the Grenadines 0.0193 compare
- 172 Micronesia (country) 0.0178 compare
- 174 Saint Lucia 0.0134 compare
- 175 Cyprus 0.0128 compare
- 176 Switzerland 0.0091 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 natural resource rents in Bahamas?
- Natural resource rents in Bahamas was 0.0148 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Bahamas?
- The highest recorded value was 0.907 in 1970.
- What is the lowest natural resource rents recorded in Bahamas?
- The lowest recorded value was 0.0063 in 2005.
- How does Bahamas rank for natural resource rents?
- Bahamas ranks 173rd out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in Bahamas?
- Over the last ten years it is up 10.4%. 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 Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).