## The Bahamas: 2018 Article IV Consultation-Press Release and Staff Report

_IMF Staff Country Reports, May 14, 2018_

## Source details

**Canonical URL:** [The Bahamas: 2018 Article IV Consultation-Press Release and Staff Report](https://www.imf.org/en/publications/cr/issues/2018/05/14/the-bahamas-2018-article-iv-consultation-press-release-and-staff-report-45874)

## Other formats

- [Markdown version](/en/publications/cr/issues/2018/05/14/the-bahamas-2018-article-iv-consultation-press-release-and-staff-report-45874/index.md)
- [Structured JSON version](/en/publications/cr/issues/2018/05/14/the-bahamas-2018-article-iv-consultation-press-release-and-staff-report-45874/index.json)
- [Bundle manifest](/en/publications/cr/issues/2018/05/14/the-bahamas-2018-article-iv-consultation-press-release-and-staff-report-45874/bundle-manifest.json)

## Bibliographic details
- Published: May 14, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484355084.002

---

### Recent performance and drivers of activity
- Real GDP is estimated to have expanded by 1.3 percent in 2017.
- Economic activity was supported by:
  - completion of Baha Mar;
  - new foreign direct investment-financed projects;
  - post-hurricane reconstruction activity.
- Air tourist arrivals declined 4 percent in 2017, reflecting the impact of Hurricane Matthew on hotel infrastructure in the Grand Bahama Island.

### Growth projections
- Real GDP growth is projected at 2.5 percent in 2018.
- Real GDP growth is projected at 2.25 percent in 2019.
- Medium-term growth is projected to remain at 1.5 percent.

### Drivers of projected growth
- Stronger growth in the United States.
- The phased opening of Baha Mar.
- A pickup in foreign direct investment.

### Structural concerns and constraints
- Medium-term growth is constrained by significant structural impediments.

*Source: The Bahamas: 2018 Article IV Consultation-Press Release and Staff Report (May 14, 2018).*

---

## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2018/cr18118.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2018/cr18118.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2018/05/14/the-bahamas-2018-article-iv-consultation-press-release-and-staff-report-45874_