Macro - Country Economic Forecasts - Bahamas, The
Following two years of double-digit growth, we expect that real GDP growth in the Bahamas will slow to 3.8% y/y in 2023. Record inflation has constrained domestic consumption. However, an encouraging recovery in tourism has boosted economic activity and narrowed the current account deficit. We forecast that GDP growth will dip to 1.2% y/y in 2024 and 1.4% y/y 2025 as the economy completes its post-pandemic recovery.
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