Manufacturing, value added in Bahamas
Bahamas: Manufacturing, value added was -52.1% in 2024. ◆ Volatile
Manufacturing, value added in Bahamas, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Bahamas recorded -52.1% for manufacturing, value added in 2024. That is the lowest value across all 35 years on record.
The figure is down 128.7% on the previous year and down 926.6% over ten years.
Over the whole period, manufacturing, value added in Bahamas peaked at 28.6% in 2003 and was at its lowest, -52.1%, in 2024.
That places Bahamas 191st out of 191 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.4% | -11.0% | 13.1% | 10 |
| 2000s | 0.6% | -13.2% | 28.6% | 10 |
| 2010s | -2.1% | -15.6% | 11.6% | 10 |
| 2020s | -32.0% | -52.1% | -15.4% | 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 manufacturing, value added in Bahamas?
- Manufacturing, value added in Bahamas was -52.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Bahamas?
- The highest recorded value was 28.6% in 2003.
- What is the lowest manufacturing, value added recorded in Bahamas?
- The lowest recorded value was -52.1% in 2024.
- How does Bahamas rank for manufacturing, value added?
- Bahamas ranks 191st out of 191 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bahamas?
- Over the last ten years it is down 926.6%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.