Although the Bahamas remains an import-oriented economy, income from tourism and financial services is a vital offsetting factor in the country's balance-of-payments position.
The US Central Intelligence Agency (CIA) reports that in 2000 the purchasing power parity of The Bahamas's exports was $535.8 million while imports totaled $1.88 billion resulting in a trade deficit of $1.3442 billion.
The International Monetary Fund (IMF) reports that in 2001 The Bahamas had exports of goods totaling $614 million and imports totaling $1.77 billion. The services credit totaled $1.89 billion and debit $939 million. The following table summarizes The Bahamas's balance of payments as reported by the IMF for 2001 in millions of US dollars.
|Balance on goods||-1,151|
|Balance on services||951|
|Balance on income||-190|
|Direct investment abroad||…|
|Direct investment in The Bahamas||101|
|Portfolio investment assets||…|
|Portfolio investment liabilities||…|
|Other investment assets||-25,412|
|Other investment liabilities||25,591|
|Net Errors and Omissions||59|
|Reserves and Related Items||30|