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Bahamas, The Taxes less subsidies on products (current US$)
What is Bahamas, The's taxes less subsidies on products (current us$)? As of 2023, it's 1.9B current US$, up from 709.3M current US$ in 2014.
| Label | Taxes less subsidies on products (current US$) |
|---|---|
| 2014 | 709300000 current US$ |
| 2015 | 1130700000 current US$ |
| 2016 | 1192600000 current US$ |
| 2017 | 1298700000 current US$ |
| 2018 | 1357600000 current US$ |
| 2019 | 1661600000 current US$ |
| 2020 | 986500000 current US$ |
| 2021 | 1449300000 current US$ |
| 2022 | 1711000000 current US$ |
| 2023 | 1949400000 current US$ |
Data Source: World Bank and Wantstats Repository
Bahamas, The Taxes less subsidies on products (current US$): Key Points
- The 2014-2023 run puts Bahamas, The's taxes less subsidies on products at 1.95B current US$ by the end, up from 709.30M current US$ at the start — a rise of some 175%.
- 2015: surges to 1.13B current US$ (+59%).
- 2016-2019: leaps to 1.66B current US$ (+47%).
- 2020: caves in to 986.50M current US$ (-41%).
- 2021: shoots up to 1.45B current US$ (+47%).
- 2023: Ends the series at 1.95B current US$ — 174.8% above the 2014 baseline.
How To Read This Chart
This is a series to read year by year, not to summarize with a single trend line. Doing the latter would flatten out real, meaningful movement.
The 2020 dip lands in the one year that disrupted almost every kind of economic activity worldwide — 2020. That doesn't prove COVID-19 caused this specific move, but it's a reasonable first place to look before assuming something else did.
This series reflects Bahamas, The's official reporting via the linked source. Statistics of this kind are typically benchmarked against periodic censuses or surveys, with intervening years estimated.
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