Analysis by Region - Emerging Markets - Bahamas
The Bahamas continues to rebound from the coronavirus pandemic with strong growth of 7.7% expected for 2022. Our forecast reflects a recovery in tourism and foreign direct investment, as well as a 33% jump in exports this year. Unemployment continues to recover after job losses during the pandemic, falling by around 4ppts from 2021 to 14%. While we think the growth outlook will remain positive for 2023 (3.7%) and 2024 (3.2%), our forecast is subject to downside risk relating to geopolitical tensions and international uncertainties, particularly around inflation.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook