Wage bill as a percentage of GDP in Bahamas
Bahamas: Wage bill as a percentage of GDP was 5.7% in 2022. ▲ Rising
Latest (2022)
5.7%
Change on year
down 8.6%
World rank
134th
of 190 countries
All-time high
7.9%
in 2020
All-time low
4.4%
in 2002
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Bahamas, 2000–2022
Source: World Bank.
Analysis
The most recent figure for wage bill as a percentage of gdp in Bahamas is 5.7%, measured in 2022.
The figure is down 8.6% on the previous year and up 0.7% over ten years.
Over the whole period, wage bill as a percentage of gdp in Bahamas peaked at 7.9% in 2020 and was at its lowest, 4.4%, in 2002.
That places Bahamas 134th out of 190 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Wage bill as a percentage of GDP in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.6% | — |
| 2001 | 4.5% | -2.3% |
| 2002 | 4.4% | -0.3% |
| 2003 | 4.7% | +4.7% |
| 2004 | 5.0% | +6.8% |
| 2005 | 4.8% | -3.8% |
| 2006 | 5.1% | +5.7% |
| 2007 | 5.1% | +0.1% |
| 2008 | 5.2% | +3.8% |
| 2009 | 5.7% | +9.5% |
| 2010 | 5.7% | +0.1% |
| 2011 | 5.8% | +0.5% |
| 2012 | 5.7% | -1.8% |
| 2013 | 5.6% | -0.9% |
| 2014 | 5.6% | -0.7% |
| 2015 | 5.4% | -3.3% |
| 2016 | 5.6% | +4.2% |
| 2017 | 5.9% | +4.6% |
| 2018 | 5.7% | -2.8% |
| 2019 | 5.4% | -5.5% |
| 2020 | 7.9% | +45.5% |
| 2021 | 6.3% | -20.4% |
| 2022 | 5.7% | -8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 4.4% | 5.7% | 10 |
| 2010s | 5.6% | 5.4% | 5.9% | 10 |
| 2020s | 6.6% | 5.7% | 7.9% | 3 |
Countries ranked near Bahamas
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 wage bill as a percentage of gdp in Bahamas?
- Wage bill as a percentage of gdp in Bahamas was 5.7% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Bahamas?
- The highest recorded value was 7.9% in 2020.
- What is the lowest wage bill as a percentage of gdp recorded in Bahamas?
- The lowest recorded value was 4.4% in 2002.
- How does Bahamas rank for wage bill as a percentage of gdp?
- Bahamas ranks 134th out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Bahamas?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).