Employee compensation as share of government spending in Bahamas
Bahamas: Employee compensation as share of government spending was 25.9% in 2023. ▼ Falling
Employee compensation as share of government spending in Bahamas, 1990–2023
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of expense.
Analysis
The most recent figure for employee compensation as share of government spending in Bahamas is 25.9%, measured in 2023.
That represents a change of up 8.9% on the previous year and down 41.0% over ten years.
Over the whole period, employee compensation as share of government spending in Bahamas peaked at 57.5% in 1994 and was at its lowest, 23.6%, in 2021.
Bahamas ranks 76th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Employee compensation as share of government spending in Bahamas, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 55.0% | — |
| 1991 | 53.7% | -2.3% |
| 1992 | 52.6% | -2.0% |
| 1993 | 55.9% | +6.3% |
| 1994 | 57.5% | +2.8% |
| 1995 | 54.9% | -4.4% |
| 1996 | 50.6% | -7.8% |
| 1997 | 51.6% | +1.8% |
| 1998 | 52.5% | +1.7% |
| 1999 | 47.8% | -8.8% |
| 2000 | 42.5% | -11.1% |
| 2001 | 42.9% | +0.9% |
| 2002 | 43.4% | +1.1% |
| 2003 | 42.2% | -2.8% |
| 2004 | 44.1% | +4.5% |
| 2005 | 42.1% | -4.5% |
| 2006 | 43.3% | +2.9% |
| 2007 | 42.6% | -1.7% |
| 2008 | 41.0% | -3.6% |
| 2009 | 40.3% | -1.8% |
| 2010 | 48.0% | +19.1% |
| 2011 | 44.4% | -7.5% |
| 2012 | 44.3% | -0.2% |
| 2013 | 44.0% | -0.8% |
| 2014 | 45.0% | +2.4% |
| 2015 | 34.7% | -22.9% |
| 2016 | 32.2% | -7.1% |
| 2017 | 29.6% | -8.3% |
| 2018 | 32.7% | +10.6% |
| 2019 | 29.0% | -11.2% |
| 2020 | 28.4% | -2.2% |
| 2021 | 23.6% | -16.9% |
| 2022 | 23.8% | +0.8% |
| 2023 | 25.9% | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.2% | 47.8% | 57.5% | 10 |
| 2000s | 42.4% | 40.3% | 44.1% | 10 |
| 2010s | 38.4% | 29.0% | 48.0% | 10 |
| 2020s | 25.4% | 23.6% | 28.4% | 4 |
Countries ranked near Bahamas
- 73 Mauritius 26.6% compare
- 74 Ireland 26.6% compare
- 75 Micronesia (country) 26.2% compare
- 77 Congo 25.9% compare
- 78 Bosnia and Herzegovina 25.8% compare
- 79 Tajikistan 24.8% compare
More work & labour data for Bahamas
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.2501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2148 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2821 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.22 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.4187 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 419.94 1000 No (2050)
- Population - Est. & Proj. — Rural population 54.95 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 200.05 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 184.9 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 384.95 1000 No (2100)
Frequently asked questions
- What is employee compensation as share of government spending in Bahamas?
- Employee compensation as share of government spending in Bahamas was 25.9% in 2023, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest employee compensation as share of government spending recorded in Bahamas?
- The highest recorded value was 57.5% in 1994.
- What is the lowest employee compensation as share of government spending recorded in Bahamas?
- The lowest recorded value was 23.6% in 2021.
- How does Bahamas rank for employee compensation as share of government spending?
- Bahamas ranks 76th out of 155 countries with data for 2023.
- Is employee compensation as share of government spending rising or falling in Bahamas?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Employee compensation as share of government spending. Statizoid updates them automatically from the source API.
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About this data
Employee compensation includes wages, in-kind payments, and government contributions to social insurance schemes such as social security and pensions.