Bahamas 10-Year Forecast

• Over the next decade, Fitch analysts expect the Bahamian economy will expand at a slow, but stable pace driven by rising tourism receipts. Economic growth will be capped by weak private consumption as well as the winding down of fixed investment in the tourism sector.

 

• The Bahamian government's fiscal position will improve over the next 10 years as a result of fiscal consolidation and improved tax collections.

 

• The current account deficit will narrow over our 10-year forecast period driven by service exports and lower global fuel prices.

 

(Source: Fitch Solutions)