Inflation Bahamas 2020

Average inflation: 0.1%

Current Inflation

Inflation is very low at 0.1%, well below the ECB target.

Peak and Trough

The highest inflation was in January at 2.0%. The lowest inflation was in July at -1.2%.

Highest month
January: 2.0%
Lowest month
July: -1.2%
Difference
3.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of -0.7%. The lowest price increase was in Energy with an average of -0.7%.

Highest increase
Energy: -0.7%
Lowest increase
Energy: -0.7%

Historical Context

Current inflation is 1.1% lower than the 5-year average of 1.2%.

5-year average
1.2%
10-year average
1.5%
All-time high (2011)
3.2%
All-time low (2016)
-0.3%

Trend

Inflation shows a downward trend. Compared to 2019, inflation has fallen by +2.4 percentage point.

Change vs. previous year
-2.4 percentage points
Largest monthly swing
April: -4.9 percentage points

ECB Target

Inflation is 1.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Month overview

Month Inflation Difference vs. 2019
January 2.0% -0.7
February 0.2% -3.4
March 0.2% -3.8
April -0.9% -4.9
May 0.0% -3.3
June -0.4% -3.3
July -1.2% -3.0
August -0.3% -1.7
September -0.7% -2.5
October 0.3% -1.0
November 0.2% -1.5
December 1.2% -0.2
Average 0.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also