Inflation Bahamas 2021
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in November at 4.2%. The lowest inflation was in January at 0.8%.
- Highest month
- November: 4.2%
- Lowest month
- January: 0.8%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.0%. The lowest price increase was in Energy with an average of 3.0%.
- Highest increase
- Energy: 3.0%
- Lowest increase
- Energy: 3.0%
Historical Context
Current inflation is 1.0% higher than the 5-year average of 1.9%. This approaches the highest level since records began (3.2% in 2011).
- 5-year average
- 1.9%
- 10-year average
- 1.5%
- All-time high (2011)
- 3.2%
- All-time low (2016)
- -0.3%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+2.8 percentage point).
- Change vs. previous year
- +2.8 percentage points
- Largest monthly swing
- September: +4.8 percentage points
ECB Target
Inflation is 0.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 0.8% | -1.2 |
| February | 1.4% | +1.2 |
| March | 1.4% | +1.2 |
| April | 2.7% | +3.6 |
| May | 2.4% | +2.4 |
| June | 2.7% | +3.1 |
| July | 3.4% | +4.6 |
| August | 3.8% | +4.1 |
| September | 4.1% | +4.8 |
| October | 3.8% | +3.5 |
| November | 4.2% | +4.0 |
| December | 4.1% | +2.9 |
| Average | 2.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.