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During the month of May, developments in the domestic economy were dominated by the spread of the Novel Coronavirus (COVID-19), which led to a contraction in economic activity. Specifically, globally imposed travel restr...
The Central Bank of The Bahamas is pleased to announce the release of its Quarterly Economic Review for the First Quarter of 2020.
The Novel Coronavirus (COVID-19) pandemic significantly disrupted domestic economic activity during the month of April. Travel restrictions imposed globally negatively affected the tourism sector, as both the high value-...
QSD May 2020 is now available. For complete viewing of monetary, financial, fiscal and economic statistics through March 2020, please click on the document below.
During the review month, developments in the domestic economy were dominated by the Novel Coronavirus (COVID-19) pandemic. Globally imposed travel restrictions related to COVID-19 adversely impacted tourism output, as bo...
Preliminary indications are that the domestic economy exhibited moderated, but slightly positive performance during February, in line with tourism output constraints. Sustained growth in the sea segment contrasted with a...
Preliminary indications are that the domestic economy exhibited mildly expansionary trends during the review month. Gains in the high value-added stopover visitor segment, mainly in New Providence and the Family Islands...
Indications are that the domestic economy sustained its modest growth during the review period. Tourism maintained a positive momentum, bolstered by activity in New Providence markets and the Family Islands unaffected by...
In January 2020, the Central Bank will cease the issuance of the one cent coin, and begin a process of removing the coin from circulation.Decommissioning as legal tender would occur on 31st December 2020.For the remainde...
The Central Bank will introduce a digital version of the Bahamian dollar, starting with a pilot phase in Exuma in December 2019, and extending in the first half of 2020 to Abaco.
Economic indicators suggest that domestic output maintained its upward, albeit modest, trajectory over the review period. In particular, tourism output continued to be supported by activity in the New Providence market,...
The Central Bank of The Bahamas is pleased to announce the release of its Quarterly Economic Review for the third quarter of 2019.