Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bahamas
Bahamas: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.7434 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Bahamas recorded 0.7434 constant 2015 US$ per US$ of GDP for gross value added at basic prices (gva) (constant 2015 us$), per unit in 2024. That is the lowest value across all 36 years on record.
That represents a change of down 0.3% on the previous year and down 19.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Bahamas peaked at 2.92 constant 2015 US$ per US$ of GDP in 1989 and was at its lowest, 0.7434 constant 2015 US$ per US$ of GDP, in 2024.
Bahamas ranks 95th of 193 countries on this measure, 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$), per unit in Bahamas, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1989 | 2.92 constant 2015 US$ per US$ of GDP | — |
| 1990 | 2.79 constant 2015 US$ per US$ of GDP | -4.3% |
| 1991 | 2.53 constant 2015 US$ per US$ of GDP | -9.5% |
| 1992 | 2.59 constant 2015 US$ per US$ of GDP | +2.5% |
| 1993 | 2.66 constant 2015 US$ per US$ of GDP | +2.5% |
| 1994 | 2.57 constant 2015 US$ per US$ of GDP | -3.4% |
| 1995 | 2.55 constant 2015 US$ per US$ of GDP | -0.5% |
| 1996 | 2.52 constant 2015 US$ per US$ of GDP | -1.4% |
| 1997 | 1.28 constant 2015 US$ per US$ of GDP | -49.3% |
| 1998 | 1.23 constant 2015 US$ per US$ of GDP | -3.4% |
| 1999 | 1.19 constant 2015 US$ per US$ of GDP | -3.9% |
| 2000 | 1.16 constant 2015 US$ per US$ of GDP | -2.5% |
| 2001 | 1.15 constant 2015 US$ per US$ of GDP | -0.5% |
| 2002 | 1.1 constant 2015 US$ per US$ of GDP | -4.1% |
| 2003 | 1.1 constant 2015 US$ per US$ of GDP | -0.1% |
| 2004 | 1.1 constant 2015 US$ per US$ of GDP | -0.4% |
| 2005 | 1.05 constant 2015 US$ per US$ of GDP | -4.8% |
| 2006 | 1.02 constant 2015 US$ per US$ of GDP | -2.7% |
| 2007 | 0.988 constant 2015 US$ per US$ of GDP | -2.9% |
| 2008 | 0.9731 constant 2015 US$ per US$ of GDP | -1.5% |
| 2009 | 0.9771 constant 2015 US$ per US$ of GDP | +0.4% |
| 2010 | 0.9896 constant 2015 US$ per US$ of GDP | +1.3% |
| 2011 | 0.997 constant 2015 US$ per US$ of GDP | +0.7% |
| 2012 | 0.9363 constant 2015 US$ per US$ of GDP | -6.1% |
| 2013 | 0.9403 constant 2015 US$ per US$ of GDP | +0.4% |
| 2014 | 0.921 constant 2015 US$ per US$ of GDP | -2.1% |
| 2015 | 0.8881 constant 2015 US$ per US$ of GDP | -3.6% |
| 2016 | 0.8975 constant 2015 US$ per US$ of GDP | +1.1% |
| 2017 | 0.8578 constant 2015 US$ per US$ of GDP | -4.4% |
| 2018 | 0.8493 constant 2015 US$ per US$ of GDP | -1.0% |
| 2019 | 0.8348 constant 2015 US$ per US$ of GDP | -1.7% |
| 2020 | 0.8758 constant 2015 US$ per US$ of GDP | +4.9% |
| 2021 | 0.8371 constant 2015 US$ per US$ of GDP | -4.4% |
| 2022 | 0.8004 constant 2015 US$ per US$ of GDP | -4.4% |
| 2023 | 0.746 constant 2015 US$ per US$ of GDP | -6.8% |
| 2024 | 0.7434 constant 2015 US$ per US$ of GDP | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.92 constant 2015 US$ per US$ of GDP | 2.92 constant 2015 US$ per US$ of GDP | 2.92 constant 2015 US$ per US$ of GDP | 1 |
| 1990s | 2.19 constant 2015 US$ per US$ of GDP | 1.19 constant 2015 US$ per US$ of GDP | 2.79 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.06 constant 2015 US$ per US$ of GDP | 0.9731 constant 2015 US$ per US$ of GDP | 1.16 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9112 constant 2015 US$ per US$ of GDP | 0.8348 constant 2015 US$ per US$ of GDP | 0.997 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8005 constant 2015 US$ per US$ of GDP | 0.7434 constant 2015 US$ per US$ of GDP | 0.8758 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Bahamas
- 92 Seychelles 0.7461 constant 2015 US$ per US$ of GDP compare
- 93 Chile 0.7458 constant 2015 US$ per US$ of GDP compare
- 94 Kenya 0.7436 constant 2015 US$ per US$ of GDP compare
- 96 Cambodia 0.7428 constant 2015 US$ per US$ of GDP compare
- 97 Marshall Islands 0.741 constant 2015 US$ per US$ of GDP compare
- 98 Iraq 0.7403 constant 2015 US$ per US$ of GDP 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)
- Services, value added (constant LCU), per capita 26,500 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 0.2887 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8733 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 34,455 current US$ per person (2024)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Bahamas?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Bahamas was 0.7434 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Bahamas?
- The highest recorded value was 2.92 constant 2015 US$ per US$ of GDP in 1989.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Bahamas?
- The lowest recorded value was 0.7434 constant 2015 US$ per US$ of GDP in 2024.
- How does Bahamas rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Bahamas ranks 95th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Bahamas?
- Over the last ten years it is down 19.3%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.