Manufacturing, value added in Bahamas
Bahamas: Manufacturing, value added was 29.13 million constant 2015 US$ in 2024. ▼ Falling
Manufacturing, value added in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, manufacturing, value added in Bahamas stood at 29.13 million constant 2015 US$. That is the lowest value across all 36 years on record.
The figure is down 52.1% on the previous year and down 91.3% over ten years.
Over the whole period, manufacturing, value added in Bahamas peaked at 387.21 million constant 2015 US$ in 2006 and was at its lowest, 29.13 million constant 2015 US$, in 2024.
Bahamas ranks 177th of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 321.27 million constant 2015 US$ | 321.27 million constant 2015 US$ | 321.27 million constant 2015 US$ | 1 |
| 1990s | 276.90 million constant 2015 US$ | 252.46 million constant 2015 US$ | 302.69 million constant 2015 US$ | 10 |
| 2000s | 326.11 million constant 2015 US$ | 262.64 million constant 2015 US$ | 387.21 million constant 2015 US$ | 10 |
| 2010s | 296.32 million constant 2015 US$ | 220.64 million constant 2015 US$ | 359.82 million constant 2015 US$ | 10 |
| 2020s | 87.21 million constant 2015 US$ | 29.13 million constant 2015 US$ | 174.38 million constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 174 Sint Maarten (Dutch part) 35.81 million constant 2015 US$ compare
- 175 Tonga 29.94 million constant 2015 US$ compare
- 176 Bermuda 29.38 million constant 2015 US$ compare
- 178 East Timor 29.00 million constant 2015 US$ compare
- 179 Dominica 27.07 million constant 2015 US$ compare
- 180 Kiribati 12.39 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 manufacturing, value added in Bahamas?
- Manufacturing, value added in Bahamas was 29.13 million constant 2015 US$ 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 387.21 million constant 2015 US$ in 2006.
- What is the lowest manufacturing, value added recorded in Bahamas?
- The lowest recorded value was 29.13 million constant 2015 US$ in 2024.
- How does Bahamas rank for manufacturing, value added?
- Bahamas ranks 177th out of 185 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bahamas?
- Over the last ten years it is down 91.3%. The long-run trend across the full record is falling.
- 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 (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
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 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.