Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Bahamas
Bahamas: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 0.8733 current LCU per US$ of GDP in 2024. ▬ Flat
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Bahamas, 1979–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (current lcu), per unit of gdp in Bahamas stood at 0.8733 current LCU per US$ of GDP.
That represents a change of down 1.6% on the previous year and down 5.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Bahamas peaked at 0.9407 current LCU per US$ of GDP in 2005 and was at its lowest, 0.8462 current LCU per US$ of GDP, in 1996.
That places Bahamas 168th out of 205 countries with data for 2024, putting it in the bottom quarter.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Bahamas, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.8895 current LCU per US$ of GDP | — |
| 1980 | 0.8902 current LCU per US$ of GDP | +0.1% |
| 1981 | 0.893 current LCU per US$ of GDP | +0.3% |
| 1982 | 0.9005 current LCU per US$ of GDP | +0.8% |
| 1983 | 0.8967 current LCU per US$ of GDP | -0.4% |
| 1984 | 0.8756 current LCU per US$ of GDP | -2.4% |
| 1985 | 0.8694 current LCU per US$ of GDP | -0.7% |
| 1986 | 0.8694 current LCU per US$ of GDP | +0.0% |
| 1987 | 0.8764 current LCU per US$ of GDP | +0.8% |
| 1989 | 0.8586 current LCU per US$ of GDP | -2.0% |
| 1990 | 0.8657 current LCU per US$ of GDP | +0.8% |
| 1991 | 0.8538 current LCU per US$ of GDP | -1.4% |
| 1992 | 0.8469 current LCU per US$ of GDP | -0.8% |
| 1993 | 0.8673 current LCU per US$ of GDP | +2.4% |
| 1994 | 0.8472 current LCU per US$ of GDP | -2.3% |
| 1995 | 0.8473 current LCU per US$ of GDP | +0.0% |
| 1996 | 0.8462 current LCU per US$ of GDP | -0.1% |
| 1997 | 0.9114 current LCU per US$ of GDP | +7.7% |
| 1998 | 0.91 current LCU per US$ of GDP | -0.2% |
| 1999 | 0.9302 current LCU per US$ of GDP | +2.2% |
| 2000 | 0.9119 current LCU per US$ of GDP | -2.0% |
| 2001 | 0.9311 current LCU per US$ of GDP | +2.1% |
| 2002 | 0.931 current LCU per US$ of GDP | -0.0% |
| 2003 | 0.9371 current LCU per US$ of GDP | +0.7% |
| 2004 | 0.9383 current LCU per US$ of GDP | +0.1% |
| 2005 | 0.9407 current LCU per US$ of GDP | +0.3% |
| 2006 | 0.9186 current LCU per US$ of GDP | -2.4% |
| 2007 | 0.9243 current LCU per US$ of GDP | +0.6% |
| 2008 | 0.9263 current LCU per US$ of GDP | +0.2% |
| 2009 | 0.9331 current LCU per US$ of GDP | +0.7% |
| 2010 | 0.9374 current LCU per US$ of GDP | +0.5% |
| 2011 | 0.93 current LCU per US$ of GDP | -0.8% |
| 2012 | 0.9105 current LCU per US$ of GDP | -2.1% |
| 2013 | 0.9291 current LCU per US$ of GDP | +2.0% |
| 2014 | 0.9242 current LCU per US$ of GDP | -0.5% |
| 2015 | 0.8881 current LCU per US$ of GDP | -3.9% |
| 2016 | 0.9055 current LCU per US$ of GDP | +2.0% |
| 2017 | 0.8866 current LCU per US$ of GDP | -2.1% |
| 2018 | 0.8808 current LCU per US$ of GDP | -0.7% |
| 2019 | 0.8789 current LCU per US$ of GDP | -0.2% |
| 2020 | 0.8936 current LCU per US$ of GDP | +1.7% |
| 2021 | 0.8948 current LCU per US$ of GDP | +0.1% |
| 2022 | 0.9023 current LCU per US$ of GDP | +0.8% |
| 2023 | 0.8879 current LCU per US$ of GDP | -1.6% |
| 2024 | 0.8733 current LCU per US$ of GDP | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8895 current LCU per US$ of GDP | 0.8895 current LCU per US$ of GDP | 0.8895 current LCU per US$ of GDP | 1 |
| 1980s | 0.8811 current LCU per US$ of GDP | 0.8586 current LCU per US$ of GDP | 0.9005 current LCU per US$ of GDP | 9 |
| 1990s | 0.8726 current LCU per US$ of GDP | 0.8462 current LCU per US$ of GDP | 0.9302 current LCU per US$ of GDP | 10 |
| 2000s | 0.9293 current LCU per US$ of GDP | 0.9119 current LCU per US$ of GDP | 0.9407 current LCU per US$ of GDP | 10 |
| 2010s | 0.9071 current LCU per US$ of GDP | 0.8789 current LCU per US$ of GDP | 0.9374 current LCU per US$ of GDP | 10 |
| 2020s | 0.8904 current LCU per US$ of GDP | 0.8733 current LCU per US$ of GDP | 0.9023 current LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 165 Micronesia (country) 0.9114 current LCU per US$ of GDP compare
- 166 El Salvador 0.8776 current LCU per US$ of GDP compare
- 167 Palau 0.8752 current LCU per US$ of GDP compare
- 169 Liechtenstein 0.8689 current LCU per US$ of GDP compare
- 170 San Marino 0.8571 current LCU per US$ of GDP compare
- 171 Ireland 0.8456 current 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)
- 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 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 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) (current lcu), per unit of gdp in Bahamas?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Bahamas was 0.8733 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.9407 current LCU per US$ of GDP in 2005.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.8462 current LCU per US$ of GDP in 1996.
- How does Bahamas rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Bahamas ranks 168th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is flat.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current 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) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
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) (current 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.