Bahamas vs European Union: Services, value added
Services, value added over time
- Bahamas
- European Union
How they compare
Bahamas currently reports 77.2% against 65.9% in European Union, a difference of 11.3%.
That makes Bahamas's figure about 1.2 times European Union's.
Across all 34 years both countries report, Bahamas has been ahead every year.
Bahamas ranks 13th and European Union ranks 10th of 206 countries.
Bahamas has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bahamas | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 71.3% | 61.0% | 10.3% | Bahamas |
| 2000s | 81.2% | 63.6% | 17.6% | Bahamas |
| 2010s | 77.3% | 65.3% | 12.0% | Bahamas |
| 2020s | 77.9% | 65.6% | 12.4% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Bahamas or European Union?
- Bahamas, at 77.2% against 65.9% in European Union as of 2024.
- What is the difference in services, value added between Bahamas and European Union?
- 11.3%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and European Union?
- 34 years are reported by both, from 1991 to 2024.
- How do Bahamas and European Union rank globally for services, value added?
- Bahamas ranks 13th and European Union ranks 10th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.