Gross value added at basic prices (GVA) in Bahamas
Bahamas: Gross value added at basic prices (GVA) was 11.77 billion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Bahamas recorded 11.77 billion constant 2015 US$ for gross value added at basic prices (gva) in 2024. That is the highest value across all 36 years on record.
That represents a change of up 3.3% on the previous year and up 14.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Bahamas peaked at 11.77 billion constant 2015 US$ in 2024 and was at its lowest, 7.87 billion constant 2015 US$, in 1991.
That places Bahamas 138th out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.94 billion constant 2015 US$ | 8.94 billion constant 2015 US$ | 8.94 billion constant 2015 US$ | 1 |
| 1990s | 8.48 billion constant 2015 US$ | 7.87 billion constant 2015 US$ | 9.12 billion constant 2015 US$ | 10 |
| 2000s | 9.95 billion constant 2015 US$ | 9.34 billion constant 2015 US$ | 10.49 billion constant 2015 US$ | 10 |
| 2010s | 10.40 billion constant 2015 US$ | 9.85 billion constant 2015 US$ | 11.08 billion constant 2015 US$ | 10 |
| 2020s | 10.69 billion constant 2015 US$ | 9.08 billion constant 2015 US$ | 11.77 billion constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 135 Mauritius 13.61 billion constant 2015 US$ compare
- 136 Madagascar 13.54 billion constant 2015 US$ compare
- 137 Haiti 12.16 billion constant 2015 US$ compare
- 139 Malawi 11.42 billion constant 2015 US$ compare
- 140 Namibia 11.30 billion constant 2015 US$ compare
- 141 North Macedonia 10.78 billion constant 2015 US$ compare
More economy & growth data for Bahamas
- Exports of goods and services 6.2% (2024)
- Gross national expenditure 16.47 billion current LCU (2024)
- Gross national expenditure 14.30 billion constant 2015 US$ (2024)
- Industry (including construction), value added 9.6% (2024)
- Gross national expenditure 104.0% (2024)
- Exports of goods and services 5.98 billion current US$ (2024)
- Exports of goods and services 5.98 billion current LCU (2024)
- Exports of goods and services 4.81 billion constant 2015 US$ (2024)
- Gross fixed capital formation 3.59 billion constant 2015 US$ (2024)
- Gross fixed capital formation 4.08 billion current LCU (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Bahamas?
- Gross value added at basic prices (gva) in Bahamas was 11.77 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Bahamas?
- The highest recorded value was 11.77 billion constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Bahamas?
- The lowest recorded value was 7.87 billion constant 2015 US$ in 1991.
- How does Bahamas rank for gross value added at basic prices (gva)?
- Bahamas ranks 138th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Bahamas?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.