The national gross income per capita in the Bahamas increased by 960 U.S. dollars (+3.09 percent) in 2023 in comparison to the previous year. While the growth is slowing down, with 31,990 U.S. dollars, the national gross income is at its peak in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about the Bahamas with key insights such as share of value added by the services industry to gross domestic product, value added by the services industry to the gross domestic product, and value added by the services industry to the gross domestic product.

Bahamas BS: Wage And Salaried Workers: Modeled ILO Estimate: % of Total Employment data was reported at 84.189 % in 2023. This records an increase from the previous number of 84.178 % for 2022. Bahamas BS: Wage And Salaried Workers: Modeled ILO Estimate: % of Total Employment data is updated yearly, averaging 84.458 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 86.604 % in 1991 and a record low of 81.766 % in 1996. Bahamas BS: Wage And Salaried Workers: Modeled ILO Estimate: % of Total Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.;International Labour Organization. “ILO modelled estimates database” ILOSTAT. Accessed January 07, 2025. https://ilostat.ilo.org/data/.;Weighted average;

In 2023, four Caribbean nations were the countries with the highest gross national income per capita in Latin America and the Caribbean. On average, the national gross income amounted to around 31,990 U.S. dollars per person in the Bahamas, an island country which also had one of the highest gross domestic product per capita in this region. Outside the Caribbean Excluding the Caribbean, the economies with the highest national income per capita are generally located in South America, with the exceptions of Panama, Costa Rica and Mexico. Guyana leads among continental states with a national income of around 20.360 U.S. dollars per person. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. The biggest economies Brazil and Mexico are still miles ahead in the race for the biggest economy of Latin America. As of 2023, both nations exceeded the two trillion U.S. dollars mark in their Gross Domestic Product (GDP). While Argentina's GDP, third place, slightly surpassed the 600 billion U.S. dollars. Nonetheless, both nations also ranked as the most populated by far in the region.