Industry (including construction), value added in Bahamas
Bahamas: Industry (including construction), value added was 1.52 billion current US$ in 2024. ▲ Rising
Industry (including construction), value added in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Bahamas recorded 1.52 billion current US$ for industry (including construction), value added in 2024.
That represents a change of up 2.1% on the previous year and up 3.8% over ten years.
Over the whole period, industry (including construction), value added in Bahamas peaked at 1.72 billion current US$ in 2019 and was at its lowest, 404.74 million current US$, in 1993.
Bahamas ranks 157th of 208 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 470.51 million current US$ | 470.51 million current US$ | 470.51 million current US$ | 1 |
| 1990s | 583.90 million current US$ | 404.74 million current US$ | 891.80 million current US$ | 10 |
| 2000s | 995.03 million current US$ | 793.20 million current US$ | 1.19 billion current US$ | 10 |
| 2010s | 1.44 billion current US$ | 1.16 billion current US$ | 1.72 billion current US$ | 10 |
| 2020s | 1.40 billion current US$ | 1.26 billion current US$ | 1.52 billion current US$ | 5 |
Countries ranked near Bahamas
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 1.52 billion current 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 1.72 billion current US$ in 2019.
- What is the lowest industry (including construction), value added recorded in Bahamas?
- The lowest recorded value was 404.74 million current US$ in 1993.
- How does Bahamas rank for industry (including construction), value added?
- Bahamas ranks 157th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Bahamas?
- Over the last ten years it is up 3.8%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.