Country profile · Issue No. 01 · May 2026
The Bahamas.
BHSThe Bahamas’s row in the Caribbean Debt Tracker. Five metrics, the stated fiscal anchor, current IMF engagement, and the primary sources behind every figure. Last verified 2026-05-25.
- Debt to GDP
- 74.0%
- Primary balance
- +3.9%
- Real GDP growth
- 2.8%
as of 2025
% of GDP
2025 projection
Fiscal anchor
Central government debt to 50% of GDP by FY2030/31 (Fiscal Responsibility Act).
IMF programme status
No active programme; Article IV surveillance
Notes
Central government debt remains elevated at roughly 74% of GDP. The primary surplus was 3.9% of GDP (US$586.9m) in FY2024/25, the third consecutive fiscal year of primary surplus; the overall fiscal deficit narrowed to 0.5% of GDP. The FY2025/26 budget targets an overall fiscal surplus, supported by the Domestic Minimum Top-Up Tax on large multinationals. Growth projected at 2.8% in 2025 on construction and cruise tourism. Achieving the 50% of GDP debt anchor by FY2030/31 would require further measures.
Sources
Last verified · 2026-05-25
- IMF Country Report 2026/031, The Bahamas 2025 Article IV Consultation Press Release and Staff Report, 6 February 2026
- IMF Staff Concluding Statement, The Bahamas Article IV, 12 December 2025
- IMF Country Report, The Bahamas 2024 Article IV, January 2025
- Ministry of Finance, The Bahamas, Fiscal Strategy Report
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