The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016).

The Bahamas is officially classified by the World Bank as a high-income country, making it one of the wealthiest nations in the Caribbean region. It boasts the third-highest GDP per capita in the Americas, trailing only the United States and Canada. Its economy is robustly supported by two main pillars: tourism, which accounts for about 50% of the GDP, and offshore financial services, which contribute roughly 15%. However, this national "wealth" is often characterized by significant income inequality. While the tourism hubs like Nassau and Paradise Island feature immense luxury and modern infrastructure, rural "Out Islands" can have much less access to services. Furthermore, the country's economy is highly vulnerable to external shocks, particularly devastating hurricanes like Dorian, which can cause billions in damage and set back economic growth. So, while the Bahamas is "rich" on paper and provides a high standard of living for many, it still faces challenges common to developing island nations, including a high cost of living (since most goods are imported) and a reliance on the economic health of the United States for its tourist influx.