Industry (including construction), value added in Bahamas
Bahamas: Industry (including construction), value added was 1.25 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Bahamas is 1.25 billion constant 2015 US$, measured in 2024.
The figure is up 12.5% on the previous year and down 15.4% over ten years.
Over the whole period, industry (including construction), value added in Bahamas peaked at 1.56 billion constant 2015 US$ in 2016 and was at its lowest, 595.06 million constant 2015 US$, in 1993.
That places Bahamas 153rd out of 195 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 710.90 million constant 2015 US$ | 710.90 million constant 2015 US$ | 710.90 million constant 2015 US$ | 1 |
| 1990s | 749.30 million constant 2015 US$ | 595.06 million constant 2015 US$ | 1.01 billion constant 2015 US$ | 10 |
| 2000s | 1.08 billion constant 2015 US$ | 891.64 million constant 2015 US$ | 1.34 billion constant 2015 US$ | 10 |
| 2010s | 1.38 billion constant 2015 US$ | 1.25 billion constant 2015 US$ | 1.56 billion constant 2015 US$ | 10 |
| 2020s | 1.09 billion constant 2015 US$ | 1.01 billion constant 2015 US$ | 1.25 billion constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 150 Eswatini 1.80 billion constant 2015 US$ compare
- 151 Moldova 1.73 billion constant 2015 US$ compare
- 152 Mauritania 1.58 billion constant 2015 US$ compare
- 154 Suriname 1.13 billion constant 2015 US$ compare
- 155 Bhutan 977.37 million constant 2015 US$ compare
- 156 Liberia 871.67 million 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)
- Services, value added 12.22 billion current US$ (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 industry (including construction), value added in Bahamas?
- Industry (including construction), value added in Bahamas was 1.25 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Bahamas?
- The highest recorded value was 1.56 billion constant 2015 US$ in 2016.
- What is the lowest industry (including construction), value added recorded in Bahamas?
- The lowest recorded value was 595.06 million constant 2015 US$ in 1993.
- How does Bahamas rank for industry (including construction), value added?
- Bahamas ranks 153rd out of 195 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Bahamas?
- Over the last ten years it is down 15.4%. 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 Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.