Bahamas Inflation Rate 1967-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Bahamas inflation rate for 2023 was 3.05%, a 2.55% decline from 2022.
  • Bahamas inflation rate for 2022 was 5.61%, a 2.7% increase from 2021.
  • Bahamas inflation rate for 2021 was 2.90%, a 2.87% increase from 2020.
  • Bahamas inflation rate for 2020 was 0.04%, a 2.45% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Hungary 17.13%
Palau 12.80%
Poland 11.53%
Czech Republic 10.66%
Slovak Republic 10.53%
Barbados 9.79%
Estonia 9.16%
Lithuania 9.12%
Latvia 8.94%
Iceland 8.74%
Sweden 8.55%
Croatia 7.94%
Austria 7.81%
Chile 7.58%
Slovenia 7.45%
United Kingdom 6.79%
Ireland 6.30%
Finland 6.25%
Germany 5.95%
Uruguay 5.87%
New Zealand 5.73%
Italy 5.62%
Australia 5.60%
Norway 5.52%
Malta 5.09%
Antigua and Barbuda 5.07%
France 4.88%
Singapore 4.82%
Trinidad and Tobago 4.63%
Portugal 4.31%
Israel 4.23%
United States 4.12%
Belgium 4.05%
Canada 3.88%
Netherlands 3.84%
Luxembourg 3.74%
Kuwait 3.64%
South Korea 3.60%
St. Kitts and Nevis 3.56%
Cyprus 3.54%
Spain 3.53%
Greece 3.46%
Denmark 3.31%
Japan 3.27%
Bahamas 3.05%
Qatar 3.03%
Saudi Arabia 2.33%
Switzerland 2.14%
Hong Kong 2.10%
Panama 1.49%
Oman 0.94%
Brunei 0.36%
Bahrain 0.07%
Seychelles -1.04%
Bahamas Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 3.05% -2.55%
2022 5.61% 2.70%
2021 2.90% 2.87%
2020 0.04% -2.45%
2019 2.49% 0.23%
2018 2.27% 0.75%
2017 1.52% 1.86%
2016 -0.35% -2.21%
2015 1.86% 0.35%
2014 1.51% 0.79%
2013 0.72% -1.25%
2012 1.97% -1.23%
2011 3.20% 1.85%
2010 1.34% -0.72%
2009 2.06% -2.43%
2008 4.49% 2.00%
2007 2.49% 0.10%
2006 2.39% 0.80%
2005 1.59% 0.61%
2004 0.98% -2.04%
2003 3.03% 0.85%
2002 2.17% 0.13%
2001 2.05% 0.44%
2000 1.61% 0.35%
1999 1.25% -0.08%
1998 1.34% 0.79%
1997 0.54% -0.83%
1996 1.38% -0.69%
1995 2.07% 0.67%
1994 1.40% -1.32%
1993 2.72% -3.02%
1992 5.74% -1.38%
1991 7.11% 2.45%
1990 4.67% -0.72%
1989 5.39% 0.99%
1988 4.40% -1.35%
1987 5.76% 0.32%
1986 5.43% 0.83%
1985 4.61% 0.64%
1984 3.97% -0.03%
1983 4.00% -2.01%
1982 6.01% -5.10%
1981 11.11% -0.98%
1980 12.10% 3.01%
1979 9.09% 2.98%
1978 6.11% 2.92%
1977 3.19% -1.07%
1976 4.26% -6.10%
1975 10.36% -2.71%
1974 13.07% 7.59%
1973 5.48% -1.35%
1972 6.83% 2.22%
1971 4.62% -1.54%
1970 6.15% -2.78%
1969 8.94% 4.39%
1968 4.54% -0.90%
1967 5.44% -0.90%