quality:corruption
Post-independence

Shortly after independence, The Bahamas joined the International Monetary Fund and the World Bank on 22 August 1973, and later the United Nations on 18 September 1973.

Politically, the first two decades were dominated by Pindling's PLP, who went on to win a string of electoral victories. Allegations of corruption, links with drug cartels and financial malfeasance within the Bahamian government failed to dent Pindling's popularity. Meanwhile, the economy underwent a dramatic growth period fuelled by the twin pillars of tourism and offshore finance, significantly raising the standard of living on the islands. The Bahamas' booming economy led to it becoming a beacon for immigrants, most notably from Haiti.

In 1992, Pindling was unseated by Hubert Ingraham of the FNM. Ingraham went on to win the 1997 Bahamian general election, before being defeated in 2002, when the PLP returned to power under Perry Christie. Ingraham returned to power from 2007 to 2012, followed by Christie again from 2012 to 2017. With economic growth faltering, Bahamians re-elected the FNM in 2017, with Hubert Minnis becoming the fourth prime minister.

In September 2019, Hurricane Dorian struck the Abaco Islands and Grand Bahama at Category 5 intensity, devastating the northwestern Bahamas. The storm inflicted at least US$ 7 billion in damages and killed more than 50 people, with 1,300 people missing after two weeks.

The COVID-19 pandemic in The Bahamas was a part of the COVID-19 pandemic of coronavirus disease 2019 (COVID-19). The outbreak was identified in Wuhan, Hubei, China, in December 2019, declared to be a Public Health Emergency of International Concern on 30 January 2020, and recognised as a pandemic by the World Health Organization on 11 March 2020. It was confirmed to have reached The Bahamas on 15 March 2020 with the announcement of the first case.

In September 2021, the ruling Free National Movement lost to the opposition Progressive Liberal Party in a snap election, as the economy struggled to recover from its deepest crash since at least 1971. On 17 September 2021, the chairman of the Progressive Liberal Party (PLP) Phillip "Brave" Davis was sworn in as the new Prime Minister of Bahamas to succeed Hubert Minnis.