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Basic income cost calculator

What would a basic income cost in the Bahamas?

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Total cost per year

479 million Bahamian dollars

about 479 million US dollars

403,033 people × 99 Bahamian dollars a month × 12 months

Compared with

  • Government expense (central) (2023)14.9%
  • Government revenue (central, excl. grants) (2024)15.6%
  • Tax revenue (central government) (2024)17.5%
  • GDP (nominal) (2024)3%
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The Bahamas in numbers

The Bahamas has a population of 403,033 (2025) and a GDP of 15.8 billion Bahamian dollars (about 15.8 billion US dollars) in 2024.

Paying everyone 99 Bahamian dollars a month would cost 479 million Bahamian dollars a year (about 479 million US dollars), or 3% of GDP. That equals 14.9% of central government expense (2023), 15.6% of its revenue (2024), and 17.5% of its tax revenue (2024).

Children only (under 18: 87,990) would cost 105 million Bahamian dollars a year (0.66% of GDP); adults only (18 and over: 315,043), 374 million Bahamian dollars (2.4%).

Default amount: 99 Bahamian dollars a month is the World Bank's international poverty line of $3.00 a day (2021 PPP), converted into Bahamian dollars with the World Bank's PPP conversion factor for household consumption (2025) and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.

How to read this

This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).

Sources for the figures

Population
World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
GDP
World Bank: GDP in current local currency (NY.GDP.MKTP.CN) and in current US dollars (NY.GDP.MKTP.CD), 2024
Government expense and tax revenue
World Bank: central government expense, revenue excluding grants and tax revenue, % of GDP (GC.XPN.TOTL.GD.ZS, GC.REV.XGRT.GD.ZS, GC.TAX.TOTL.GD.ZS), 2023, 2024
Default amount
World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
World Bank: PPP conversion factor, household final consumption (PA.NUS.PRVT.PP), 2025
Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.

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