Gross value added at basic prices (GVA) (constant 2015 US$), per in Bahamas
Bahamas: Gross value added at basic prices (GVA) (constant 2015 US$), per was 29,331 constant 2015 US$ per person in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per in Bahamas stood at 29,331 constant 2015 US$ per person.
Compared with earlier readings it is up 2.8% on the previous year and up 9.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Bahamas peaked at 32,978 constant 2015 US$ per person in 1989 and was at its lowest, 22,928 constant 2015 US$ per person, in 2020.
That places Bahamas 37th out of 193 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Bahamas, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1989 | 32,978 constant 2015 US$ per person | — |
| 1990 | 32,055 constant 2015 US$ per person | -2.8% |
| 1991 | 28,026 constant 2015 US$ per person | -12.6% |
| 1992 | 28,196 constant 2015 US$ per person | +0.6% |
| 1993 | 28,197 constant 2015 US$ per person | +0.0% |
| 1994 | 28,214 constant 2015 US$ per person | +0.1% |
| 1995 | 29,044 constant 2015 US$ per person | +2.9% |
| 1996 | 29,672 constant 2015 US$ per person | +2.2% |
| 1997 | 26,009 constant 2015 US$ per person | -12.3% |
| 1998 | 26,739 constant 2015 US$ per person | +2.8% |
| 1999 | 28,519 constant 2015 US$ per person | +6.7% |
| 2000 | 28,842 constant 2015 US$ per person | +1.1% |
| 2001 | 29,191 constant 2015 US$ per person | +1.2% |
| 2002 | 29,552 constant 2015 US$ per person | +1.2% |
| 2003 | 29,122 constant 2015 US$ per person | -1.5% |
| 2004 | 29,254 constant 2015 US$ per person | +0.5% |
| 2005 | 29,897 constant 2015 US$ per person | +2.2% |
| 2006 | 29,688 constant 2015 US$ per person | -0.7% |
| 2007 | 29,691 constant 2015 US$ per person | +0.0% |
| 2008 | 28,602 constant 2015 US$ per person | -3.7% |
| 2009 | 26,884 constant 2015 US$ per person | -6.0% |
| 2010 | 27,189 constant 2015 US$ per person | +1.1% |
| 2011 | 27,010 constant 2015 US$ per person | -0.7% |
| 2012 | 26,734 constant 2015 US$ per person | -1.0% |
| 2013 | 25,992 constant 2015 US$ per person | -2.8% |
| 2014 | 26,835 constant 2015 US$ per person | +3.2% |
| 2015 | 27,281 constant 2015 US$ per person | +1.7% |
| 2016 | 27,477 constant 2015 US$ per person | +0.7% |
| 2017 | 27,344 constant 2015 US$ per person | -0.5% |
| 2018 | 27,724 constant 2015 US$ per person | +1.4% |
| 2019 | 28,081 constant 2015 US$ per person | +1.3% |
| 2020 | 22,928 constant 2015 US$ per person | -18.4% |
| 2021 | 25,420 constant 2015 US$ per person | +10.9% |
| 2022 | 27,979 constant 2015 US$ per person | +10.1% |
| 2023 | 28,520 constant 2015 US$ per person | +1.9% |
| 2024 | 29,331 constant 2015 US$ per person | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32,978 constant 2015 US$ per person | 32,978 constant 2015 US$ per person | 32,978 constant 2015 US$ per person | 1 |
| 1990s | 28,467 constant 2015 US$ per person | 26,009 constant 2015 US$ per person | 32,055 constant 2015 US$ per person | 10 |
| 2000s | 29,072 constant 2015 US$ per person | 26,884 constant 2015 US$ per person | 29,897 constant 2015 US$ per person | 10 |
| 2010s | 27,167 constant 2015 US$ per person | 25,992 constant 2015 US$ per person | 28,081 constant 2015 US$ per person | 10 |
| 2020s | 26,836 constant 2015 US$ per person | 22,928 constant 2015 US$ per person | 29,331 constant 2015 US$ per person | 5 |
Countries ranked near Bahamas
- 34 South Korea 34,925 constant 2015 US$ per person compare
- 35 Italy 31,252 constant 2015 US$ per person compare
- 36 Brunei 30,092 constant 2015 US$ per person compare
- 38 Sint Maarten (Dutch part) 27,784 constant 2015 US$ per person compare
- 39 Kuwait 27,652 constant 2015 US$ per person compare
- 40 Spain 27,365 constant 2015 US$ per person 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$), annual 3.32 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7434 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 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$), per in Bahamas?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Bahamas was 29,331 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Bahamas?
- The highest recorded value was 32,978 constant 2015 US$ per person in 1989.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Bahamas?
- The lowest recorded value was 22,928 constant 2015 US$ per person in 2020.
- How does Bahamas rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Bahamas ranks 37th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Bahamas?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is falling.
- 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$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.