Chart: Bahamas - Government debt

Take a look at some interesting facts, charts and figures on the theme Bahamas - Government debt here. Government debt (also known as public debt and national debt) is the debt owed by a central government. (In the U.S. and other federal states, "government debt" may also refer to the debt of a state or provincial government, municipal or local government.) By contrast, the annual "government deficit" refers to the difference between government receipts and spending in a single year, that is, the increase of debt over a particular year. (Source: Wikipedia.org) Take a look at the evolution of the debt over time, at the debt share per person and at the debt/GDP ratio.

How to read this chart: This chart shows the selected variables and their relationships. What can that mean? Division: If we, for example, divide a financial sum by the number of people, then the resulting figure tells how much of the amount falls on one person. Percent: The percentages say, what part of the whole is the given value. For example, 25% is a quarter of the whole, 50% means a half of the whole, 100% means a whole. Here you can see the definition of other variables used in the chart above:

Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period of time. GDP per capita is often considered an indicator of a country's standard of living; GDP per capita is not a measure of personal income (See Standard of living and GDP). Under economic theory, GDP per capita exactly equals the gross domestic income (GDI) per capita (See Gross domestic income).

A population is all the organisms of the same group or species who live in the same geographical area and are capable of interbreeding. In ecology the population of a certain species in a certain area is estimated using the Lincoln Index. The area that is used to define a sexual population is such that inter-breeding is possible between any pair within the area and more probable than cross-breeding with individuals from other areas. Normally breeding is substantially more common within the area than across the border. (Source: Wikipedia.org)

On the chart below you can see more details on the same topic: Government debt - Gross domestic product - Population. In this case, you can see the development of these quantities with different parameters and over a longer period of time (where data are available).

Main sources of data: TreasuryDirect.gov, Worldbank.org, Wikipedia.org. Read more about data sources.