Gross value added at basic prices (GVA) (constant 2015 US$), annual in Bahamas
Bahamas: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 3.32 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Bahamas, 1990–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), annual in Bahamas stood at 3.32 % change on previous year.
That represents a change of up 37.1% on the previous year and down 20.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Bahamas peaked at 11.01 % change on previous year in 2021 and was at its lowest, -18.11 % change on previous year, in 2020.
That places Bahamas 91st out of 193 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1990 | -1.09 % change on previous year | — |
| 1991 | -11.05 % change on previous year | +914.8% |
| 1992 | 2.47 % change on previous year | -122.3% |
| 1993 | 1.9 % change on previous year | -23.1% |
| 1994 | 1.83 % change on previous year | -3.3% |
| 1995 | 4.66 % change on previous year | +154.1% |
| 1996 | 3.79 % change on previous year | -18.7% |
| 1997 | -11.02 % change on previous year | -390.7% |
| 1998 | 4.28 % change on previous year | -138.9% |
| 1999 | 8.1 % change on previous year | +89.1% |
| 2000 | 2.47 % change on previous year | -69.5% |
| 2001 | 2.46 % change on previous year | -0.3% |
| 2002 | 2.4 % change on previous year | -2.4% |
| 2003 | -0.2627 % change on previous year | -110.9% |
| 2004 | 1.7 % change on previous year | -746.8% |
| 2005 | 3.44 % change on previous year | +102.2% |
| 2006 | 0.5923 % change on previous year | -82.8% |
| 2007 | 1.44 % change on previous year | +142.4% |
| 2008 | -2.36 % change on previous year | -264.7% |
| 2009 | -4.77 % change on previous year | +101.9% |
| 2010 | 2.43 % change on previous year | -151.0% |
| 2011 | 0.4932 % change on previous year | -79.7% |
| 2012 | -0.0289 % change on previous year | -105.9% |
| 2013 | -1.87 % change on previous year | +6382.2% |
| 2014 | 4.16 % change on previous year | -322.0% |
| 2015 | 2.47 % change on previous year | -40.6% |
| 2016 | 1.43 % change on previous year | -42.2% |
| 2017 | 0.1379 % change on previous year | -90.4% |
| 2018 | 1.97 % change on previous year | +1327.3% |
| 2019 | 1.8 % change on previous year | -8.7% |
| 2020 | -18.11 % change on previous year | -1108.4% |
| 2021 | 11.01 % change on previous year | -160.8% |
| 2022 | 10.39 % change on previous year | -5.7% |
| 2023 | 2.42 % change on previous year | -76.7% |
| 2024 | 3.32 % change on previous year | +37.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.387 % change on previous year | -11.05 % change on previous year | 8.1 % change on previous year | 10 |
| 2000s | 0.709 % change on previous year | -4.77 % change on previous year | 3.44 % change on previous year | 10 |
| 2010s | 1.3 % change on previous year | -1.87 % change on previous year | 4.16 % change on previous year | 10 |
| 2020s | 1.81 % change on previous year | -18.11 % change on previous year | 11.01 % change on previous year | 5 |
Countries ranked near Bahamas
- 88 Bahrain 3.53 % change on previous year compare
- 89 Argentina 3.48 % change on previous year compare
- 90 North Macedonia 3.46 % change on previous year compare
- 92 Peru 3.21 % change on previous year compare
- 93 Fiji 3.19 % change on previous year compare
- 94 Turkey 3.19 % change on previous year compare
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8733 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,455 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7434 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 29,331 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.32 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.771 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 30,419 constant LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in Bahamas?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Bahamas was 3.32 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Bahamas?
- The highest recorded value was 11.01 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Bahamas?
- The lowest recorded value was -18.11 % change on previous year in 2020.
- How does Bahamas rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Bahamas ranks 91st out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Bahamas?
- Over the last ten years it is down 20.1%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.