The Bahamas - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in The Bahamas was 2,198,698,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 2,198,698,000 in 2019 and a minimum value of 424,300,000 in 1991.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 438,900,000
1991 424,300,000
1992 479,800,000
1993 476,000,000
1994 544,800,000
1995 594,800,000
1996 615,300,000
1997 658,264,000
1998 681,443,000
1999 793,258,000
2000 862,461,000
2001 820,100,000
2002 799,224,000
2003 823,900,000
2004 853,763,000
2005 983,788,000
2006 1,143,646,000
2007 1,206,123,000
2008 1,275,895,000
2009 1,123,177,000
2010 1,086,537,000
2011 1,310,268,000
2012 1,290,669,000
2013 1,233,121,000
2014 1,257,268,000
2015 1,503,544,000
2016 1,679,252,000
2017 1,840,965,000
2018 1,835,674,000
2019 2,198,698,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in The Bahamas was 16.70 as of 2019. Its highest value over the past 29 years was 17.35 in 1995, while its lowest value was 9.00 in 2002.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 13.86
1991 13.64
1992 15.43
1993 15.39
1994 16.72
1995 17.35
1996 17.05
1997 10.40
1998 9.97
1999 10.32
2000 10.68
2001 9.86
2002 9.00
2003 9.29
2004 9.43
2005 10.00
2006 11.25
2007 11.36
2008 12.12
2009 11.25
2010 10.76
2011 13.01
2012 12.04
2013 11.75
2014 11.28
2015 12.64
2016 14.00
2017 14.89
2018 14.30
2019 16.70

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance