Gross value added at basic prices (GVA) (constant LCU), per unit of in Bahamas
Bahamas: Gross value added at basic prices (GVA) (constant LCU), per unit of was 0.771 constant LCU per US$ of GDP in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), per unit of in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant lcu), per unit of in Bahamas stood at 0.771 constant LCU per US$ of GDP. That is the lowest value across all 36 years on record.
The figure is 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 lcu), per unit of in Bahamas peaked at 3.03 constant LCU per US$ of GDP in 1989 and was at its lowest, 0.771 constant LCU per US$ of GDP, in 2024.
That places Bahamas 151st out of 196 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), per unit of in Bahamas, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1989 | 3.03 constant LCU per US$ of GDP | — |
| 1990 | 2.9 constant LCU per US$ of GDP | -4.3% |
| 1991 | 2.62 constant LCU per US$ of GDP | -9.5% |
| 1992 | 2.69 constant LCU per US$ of GDP | +2.5% |
| 1993 | 2.76 constant LCU per US$ of GDP | +2.5% |
| 1994 | 2.66 constant LCU per US$ of GDP | -3.4% |
| 1995 | 2.65 constant LCU per US$ of GDP | -0.5% |
| 1996 | 2.61 constant LCU per US$ of GDP | -1.4% |
| 1997 | 1.32 constant LCU per US$ of GDP | -49.3% |
| 1998 | 1.28 constant LCU per US$ of GDP | -3.4% |
| 1999 | 1.23 constant LCU per US$ of GDP | -3.9% |
| 2000 | 1.2 constant LCU per US$ of GDP | -2.5% |
| 2001 | 1.19 constant LCU per US$ of GDP | -0.5% |
| 2002 | 1.14 constant LCU per US$ of GDP | -4.1% |
| 2003 | 1.14 constant LCU per US$ of GDP | -0.1% |
| 2004 | 1.14 constant LCU per US$ of GDP | -0.4% |
| 2005 | 1.08 constant LCU per US$ of GDP | -4.8% |
| 2006 | 1.05 constant LCU per US$ of GDP | -2.7% |
| 2007 | 1.02 constant LCU per US$ of GDP | -2.9% |
| 2008 | 1.01 constant LCU per US$ of GDP | -1.5% |
| 2009 | 1.01 constant LCU per US$ of GDP | +0.4% |
| 2010 | 1.03 constant LCU per US$ of GDP | +1.3% |
| 2011 | 1.03 constant LCU per US$ of GDP | +0.7% |
| 2012 | 0.971 constant LCU per US$ of GDP | -6.1% |
| 2013 | 0.9751 constant LCU per US$ of GDP | +0.4% |
| 2014 | 0.9551 constant LCU per US$ of GDP | -2.1% |
| 2015 | 0.921 constant LCU per US$ of GDP | -3.6% |
| 2016 | 0.9307 constant LCU per US$ of GDP | +1.1% |
| 2017 | 0.8896 constant LCU per US$ of GDP | -4.4% |
| 2018 | 0.8808 constant LCU per US$ of GDP | -1.0% |
| 2019 | 0.8657 constant LCU per US$ of GDP | -1.7% |
| 2020 | 0.9083 constant LCU per US$ of GDP | +4.9% |
| 2021 | 0.8681 constant LCU per US$ of GDP | -4.4% |
| 2022 | 0.83 constant LCU per US$ of GDP | -4.4% |
| 2023 | 0.7736 constant LCU per US$ of GDP | -6.8% |
| 2024 | 0.771 constant LCU per US$ of GDP | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.03 constant LCU per US$ of GDP | 3.03 constant LCU per US$ of GDP | 3.03 constant LCU per US$ of GDP | 1 |
| 1990s | 2.27 constant LCU per US$ of GDP | 1.23 constant LCU per US$ of GDP | 2.9 constant LCU per US$ of GDP | 10 |
| 2000s | 1.1 constant LCU per US$ of GDP | 1.01 constant LCU per US$ of GDP | 1.2 constant LCU per US$ of GDP | 10 |
| 2010s | 0.9449 constant LCU per US$ of GDP | 0.8657 constant LCU per US$ of GDP | 1.03 constant LCU per US$ of GDP | 10 |
| 2020s | 0.8302 constant LCU per US$ of GDP | 0.771 constant LCU per US$ of GDP | 0.9083 constant LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 148 Ecuador 0.8529 constant LCU per US$ of GDP compare
- 149 Monaco 0.8111 constant LCU per US$ of GDP compare
- 150 Turks and Caicos Islands 0.7953 constant LCU per US$ of GDP compare
- 152 Liberia 0.7606 constant LCU per US$ of GDP compare
- 153 Switzerland 0.7549 constant LCU per US$ of GDP compare
- 154 Bermuda 0.7413 constant LCU 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 lcu), per unit of in Bahamas?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Bahamas was 0.771 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Bahamas?
- The highest recorded value was 3.03 constant LCU per US$ of GDP in 1989.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Bahamas?
- The lowest recorded value was 0.771 constant LCU per US$ of GDP in 2024.
- How does Bahamas rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Bahamas ranks 151st out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.