Services, value added per worker in Bahamas
Bahamas: Services, value added per worker was 56,014 constant 2015 US$ in 2024. ▼ Falling
Services, value added per worker in Bahamas, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added per worker in Bahamas is 56,014 constant 2015 US$, measured in 2024.
The figure is up 1.6% on the previous year and up 2.5% over ten years.
Over the whole period, services, value added per worker in Bahamas peaked at 72,821 constant 2015 US$ in 1992 and was at its lowest, 49,536 constant 2015 US$, in 2020.
Bahamas ranks 28th of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 67,080 constant 2015 US$ | 57,902 constant 2015 US$ | 72,821 constant 2015 US$ | 9 |
| 2000s | 64,431 constant 2015 US$ | 60,234 constant 2015 US$ | 67,307 constant 2015 US$ | 10 |
| 2010s | 54,951 constant 2015 US$ | 52,021 constant 2015 US$ | 58,918 constant 2015 US$ | 10 |
| 2020s | 53,948 constant 2015 US$ | 49,536 constant 2015 US$ | 56,014 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 services, value added per worker in Bahamas?
- Services, value added per worker in Bahamas was 56,014 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Bahamas?
- The highest recorded value was 72,821 constant 2015 US$ in 1992.
- What is the lowest services, value added per worker recorded in Bahamas?
- The lowest recorded value was 49,536 constant 2015 US$ in 2020.
- How does Bahamas rank for services, value added per worker?
- Bahamas ranks 28th out of 176 countries with data for 2024.
- Is services, value added per worker rising or falling in Bahamas?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 the economy 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.