NASSAU, BAHAMAS- The Bahamian economy continued its upward trajectory in the first half of 2025, with real Gross Domestic Product rising 4.7 percent compared to the same period a year earlier, according to new data released by the National Accounts Section of the Bahamas National Statistical Institute.
The latest Quarterly GDP by the Production Approach — covering the first quarter of 2015 through the second quarter of 2025 — highlights broad-based gains across key industries including construction; electricity, gas, water and sewerage; wholesale and retail trade; and accommodation and food services.
Real GDP for the half-year stood at 7.4 billion dollars as of June 30, reflecting solid momentum driven largely by a strong start to the year. The first quarter posted 3.7 billion dollars in economic output, a 6.9 percent increase over the first quarter of 2024 and a 3.4 percent rise from the fourth quarter of 2024. The second quarter recorded 3.69 billion dollars in real GDP, a 2.6 percent year-over-year increase, though slightly below the first quarter’s level with a 0.6 percent decline.
Nominal GDP — which measures economic output before adjusting for inflation — also strengthened. For the half-year ending the second quarter, nominal GDP increased 6.1 percent compared to the same period in 2024, representing a rise of 495 million dollars.
The National Accounts Section noted that the Production Approach provides a detailed look at economic activity across industries such as agriculture and fisheries, construction, and retail trade, offering policymakers and businesses a clearer view of the country’s economic trajectory.
