THE BAHAMAS: Selected Economic Indicators
|(Annual percentage changes, unless otherwise indicated)|
|Real GDP 1/||0.9||0.3||4.2||3.0|
|Number of stopover visitor days 2/||2.5||2.3||4.7||−0.4|
|Consumer price index (12-month increase)||1.5||1.7||1.1||0.8|
|Unemployment rate (in percent of labor force)||13.3||10.9||11.5||9.8|
|(In percent of GDP at market prices)|
|Nonfinancial public sector overall balance||0.5||−0.2||−1.4||−3.8|
|Nonfinancial public sector savings||2.9||2.4||2.6||2.6|
|Central government overall balance||−1.0||−0.9||−1.5||−3.9|
|Change in broad money (in percent) 3/||7.5||6.1||6.0||11.3|
|Current account balance||−1.4||−4.4||−6.9||−9.4|
|External nonfinancial public sector debt||9.8||8.8||7.8||8.5|
|Debt service ratio 4/||5.2||5.0||4.2||5.5|
|Real effective exchange rate (depreciation -)||−3.9||−3.4||0.5||2.8|
|Gross international reserves (in millions of U.S. dollars)||173.6||170.6||163.0||218.0|
Estimated on the basis of partial indicators.
Calculated as the number of stopover visitors times the estimated average length of stay.
In relation to liabilities of the financial system to the private sector at the beginning of the year.
Public sector debt service in percent of receipts from merchandise exports and tourism.