The minimum monthly wage in the Bahamas is $662. When it comes to consumer prices, the inflation rate in the Bahamas is 1%. The currency of the Bahamas is the Bahamian Dollar. The plural form of the word Bahamian dollar is dollars. The symbol used for this currency is $ and is abbreviated as BSD. The Bahamian Dollar is divided into cents; there are 100 in a dollar. Consumers spend around $4,874 million every year. The ratio of consumer spending to GDP in the Bahamas is 60.60% and the ratio of consumer spending to world consumer market is 1.41%. Corporate income tax in the Bahamas is 0%. Personal income tax ranges from 0% to 0% depending on your specific situation and income level. Sales tax in the Bahamas is 7.5%.

Gross domestic product
The total Gross Domestic Product (GDP) measured at Purchasing Power Parity (PPP) in the Bahamas is US$11 billion. Gross Domestic Product (GDP) per capita, calculated as Purchasing Power Parity (PPP), was last seen at $27,687 in the Bahamas. PPP in the Bahamas is considered good compared to other countries. Good PPP shows that citizens in this country rarely find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with good PPP are relatively safe places to invest. The total gross domestic product (GDP) in Bahamas is 8 billion. Based on this statistic, the Bahamas is believed to have a small economy. Countries with small economies generally support fewer industries and investment opportunities. However, worthwhile investment opportunities can be found. Gross domestic product (GDP) per capita in the Bahamas was last seen at $20,144. The average citizen of the Bahamas is wealthy. Countries with high per capita wealth employ highly skilled workers with competitive wages. Working in countries with high levels of prosperity is expensive compared to countries with lower GDP per capita. However, it is easy to find highly qualified employees in the Bahamas. The annual GDP growth rate in the Bahamas averaged 1.2% in 2014. According to this percentage, Bahamas is currently experiencing modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will increase accordingly.