Domestic material consumption per unit of GDP, by type of raw material in Bahamas
Bahamas: Domestic material consumption per unit of GDP, by type of raw material was 0.3593 in 2024. ▲ Rising
Latest (2024)
0.3593
Change on year
down 6.5%
World rank
183rd
of 224 countries
All-time high
0.4239
in 2020
All-time low
0.1718
in 2010
Years of data
25
2000–2024
Domestic material consumption per unit of GDP, by type of raw material in Bahamas, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Bahamas recorded 0.3593 for domestic material consumption per unit of gdp, by type of raw material in 2024.
That represents a change of down 6.5% on the previous year and up 78.6% over ten years.
Over the whole period, domestic material consumption per unit of gdp, by type of raw material in Bahamas peaked at 0.4239 in 2020 and was at its lowest, 0.1718, in 2010.
Bahamas ranks 183rd of 224 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Domestic material consumption per unit of GDP, by type of raw material in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2566 | — |
| 2001 | 0.2478 | -3.4% |
| 2002 | 0.2737 | +10.5% |
| 2003 | 0.2324 | -15.1% |
| 2004 | 0.1804 | -22.3% |
| 2005 | 0.2912 | +61.4% |
| 2006 | 0.1843 | -36.7% |
| 2007 | 0.1868 | +1.4% |
| 2008 | 0.1753 | -6.2% |
| 2009 | 0.1962 | +11.9% |
| 2010 | 0.1718 | -12.4% |
| 2011 | 0.1923 | +11.9% |
| 2012 | 0.208 | +8.2% |
| 2013 | 0.2774 | +33.4% |
| 2014 | 0.3162 | +14.0% |
| 2015 | 0.2138 | -32.4% |
| 2016 | 0.2032 | -5.0% |
| 2017 | 0.3228 | +58.8% |
| 2018 | 0.385 | +19.3% |
| 2019 | 0.3603 | -6.4% |
| 2020 | 0.4239 | +17.7% |
| 2021 | 0.3971 | -6.3% |
| 2022 | 0.3715 | -6.5% |
| 2023 | 0.3707 | -0.2% |
| 2024 | 0.3593 | -3.1% |
Bahamas compared with similar countries
- Bahamas's 0.3593 is below the median for high income countries, which is 0.4679, 79% of the median. (74 countries reporting)
- Bahamas's 0.3593 is below the median for Latin America & Caribbean, which is 1.08, 34% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2225 | 0.1753 | 0.2912 | 10 |
| 2010s | 0.2651 | 0.1718 | 0.385 | 10 |
| 2020s | 0.3845 | 0.3593 | 0.4239 | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is domestic material consumption per unit of gdp, by type of raw material in Bahamas?
- Domestic material consumption per unit of gdp, by type of raw material in Bahamas was 0.3593 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest domestic material consumption per unit of gdp, by type of raw material recorded in Bahamas?
- The highest recorded value was 0.4239 in 2020.
- What is the lowest domestic material consumption per unit of gdp, by type of raw material recorded in Bahamas?
- The lowest recorded value was 0.1718 in 2010.
- How does Bahamas rank for domestic material consumption per unit of gdp, by type of raw material?
- Bahamas ranks 183rd out of 224 countries with data for 2024.
- Is domestic material consumption per unit of gdp, by type of raw material rising or falling in Bahamas?
- Over the last ten years it is up 78.6%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Domestic material consumption per unit of GDP, by type of raw material (kilograms per constant 2020 United States dollars). Statizoid updates them automatically from the source API.
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