Mobile Money Transactions Statistics in Bahamas (2026)
In 2024, mobile money transaction volume in the Bahamas stood at 2,150 per year per 1,000 adults, according to IMF Financial Access Survey data. Down from 2,280.3 per year per 1,000 adults in 2023 to 2,150 per year per 1,000 adults in 2024. Bahamas ranks #5 of 9 economies in Latin America & Caribbean on this measure, and #57 of 72 globally.
Key Statistics
- Latest value (2024)
- 2,150 per year per 1,000 adults (2024)
- Mobile Money Transactions in the Bahamas as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- −5.7% (2024)
- Down from 2,280.3 per year per 1,000 adults in 2023 to 2,150 per year per 1,000 adults in 2024.
- CAGR 2021–2024
- +50.9% per year (2024)
- Compound annual growth rate from 625.4 per year per 1,000 adults in 2021 to 2,150 per year per 1,000 adults in 2024.
- Earliest value in this dataset (2021)
- 625.4 per year per 1,000 adults (2021)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 625.4 per year per 1,000 adults in 2021 to 2,150 per year per 1,000 adults in 2024.
- Peak value (2023)
- 2,280.3 per year per 1,000 adults (2023)
- Highest value in the available series; the 2024 value is 2,150 per year per 1,000 adults.
- Rank in Latin America & Caribbean
- #5 of 9 (2024)
- The Bahamas ranks 5 of 9 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #57 of 72 (2024)
- The Bahamas ranks 57 of 72 countries with data globally.
- Latin America & Caribbean average
- 9,770.4 per year per 1,000 adults (2024)
- The Bahamas (2,150 per year per 1,000 adults) is below the average of 9,770.4 per year per 1,000 adults across the 9 countries in Latin America & Caribbean with data.
- Projected 2026 value
- 2,843.4 per year per 1,000 adults (2026)
- Projection applies a capped growth rate of 15%/yr — the observed 3-year trend (50.9%/yr) exceeds our ±15%/yr cap; not an official figure.
- Mobile money transactions during the reference year (number) (2024)
- 708,211 per year (count) (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in the Bahamas (2024)
- 92.5% (2024)
- 92.5% of the population in the Bahamas used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 401,283 (2024)
- The Bahamas had a population of 401,283 in 2024 (World Bank); shown for scale only.
Trend, 2021–2024
| Year | transactions per year per 1,000 adults | Change |
|---|---|---|
| 2024 | 2,150 | −5.7% |
| 2023 | 2,280 | +103.4% |
| 2022 | 1,121 | +79.2% |
| 2021 | 625 | — |
Frequently asked questions
What is the latest figure for mobile money transaction volume in the Bahamas?
Mobile money transaction volume in the Bahamas stood at 2,150 per year per 1,000 adults in 2024, according to IMF Financial Access Survey data.
How does the Bahamas compare with other countries in Latin America & Caribbean?
The Bahamas ranks 5 of 9 countries in Latin America & Caribbean with data, with 2,150 per year per 1,000 adults versus a regional average of 9,770.4 per year per 1,000 adults (latest values per country).
Where does the Bahamas rank globally on mobile money transactions?
The Bahamas ranks 57 of 72 countries with data globally, based on the latest IMF Financial Access Survey value for each country.
Source & methodology
Source: IMF Financial Access Survey, indicator
FA66N.PTADLT_NUM, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .