Industry (including construction), value added per worker in Bahamas
Bahamas: Industry (including construction), value added per worker was 38,011 constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added per worker in Bahamas, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added per worker in Bahamas is 38,011 constant 2015 US$, measured in 2024.
That represents a change of up 12.4% on the previous year and down 33.2% over ten years.
Over the whole period, industry (including construction), value added per worker in Bahamas peaked at 57,509 constant 2015 US$ in 2012 and was at its lowest, 31,483 constant 2015 US$, in 2022.
Bahamas ranks 48th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36,549 constant 2015 US$ | 32,144 constant 2015 US$ | 42,760 constant 2015 US$ | 9 |
| 2000s | 37,395 constant 2015 US$ | 31,743 constant 2015 US$ | 42,094 constant 2015 US$ | 10 |
| 2010s | 51,563 constant 2015 US$ | 43,639 constant 2015 US$ | 57,509 constant 2015 US$ | 10 |
| 2020s | 35,262 constant 2015 US$ | 31,483 constant 2015 US$ | 38,011 constant 2015 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 20.7% (2024)
- Gross fixed capital formation 3.59 billion constant 2015 US$ (2024)
Frequently asked questions
- What is industry (including construction), value added per worker in Bahamas?
- Industry (including construction), value added per worker in Bahamas was 38,011 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest industry (including construction), value added per worker recorded in Bahamas?
- The highest recorded value was 57,509 constant 2015 US$ in 2012.
- What is the lowest industry (including construction), value added per worker recorded in Bahamas?
- The lowest recorded value was 31,483 constant 2015 US$ in 2022.
- How does Bahamas rank for industry (including construction), value added per worker?
- Bahamas ranks 48th out of 176 countries with data for 2024.
- Is industry (including construction), value added per worker rising or falling in Bahamas?
- Over the last ten years it is down 33.2%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Industry (including construction), value added per worker (constant 2015 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. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. 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.