The National Accounts Section of the Department of Statistics is pleased to release for the first time ever the Gross Domestic Product (GDP) by Island which now includes detailed family Islands and Island groupings. This report shows the GDP for: New Providence, Grand Bahama, Abaco, Andros, Eleuthera, Exuma, Long Island, Bimini and Berry Islands; Mayaguana, Acklins, Crooked Island and Inagua; Cat Island, San Salvador and Rum Cay; and the Other Family Islands. These estimates have been produced by major industrial groupings and covers the years 2015 to 2020.
This inaugural report represents a marked achievement for the Department as it seeks to enhance the provision of economic statistics to assist in both private and public sector decision making. The data now makes possible a more robust and relevant analysis of the various family island economies while seeking to maintain the confidentially and integrity of the data.
Summary Findings for 2020
Of the 2020 GDP of $9.908 billion in nominal (current) dollars, New Providence (NP) represented $7.422 billion (74.9%), Grand Bahama (GB) $1.437 billion (14.5%) and Family Islands (FI), the remaining $1.048 billion (10.6%)
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