Bahamas: Economy and Trade

The Bahamian economy is dominated by tourism and offshore financial services, which together account for the vast majority of GDP and employment. The country's proximity to the United States and its extensive resort infrastructure make it one of the most visited destinations in the Caribbean.

The Bahamian dollar is pegged one-to-one with the US dollar, and both currencies circulate interchangeably. The country has limited agriculture and manufacturing due to its geography, and imports the majority of its food and consumer goods. As a member of CARICOM, the Bahamas participates in regional trade, though it maintains a distinct economic profile shaped by its large expatriate financial sector and vulnerability to hurricanes.