Industry (including construction), value added (constant 2015 US$) in Bahamas
Bahamas: Industry (including construction), value added (constant 2015 US$) was 12.48 % change on previous year in 2024. ◆ Volatile
Industry (including construction), value added (constant 2015 US$) in Bahamas, 1990–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, industry (including construction), value added (constant 2015 us$) in Bahamas stood at 12.48 % change on previous year.
The figure is up 42.5% on the previous year and up 20.7% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Bahamas peaked at 33.42 % change on previous year in 1997 and was at its lowest, -25.04 % change on previous year, in 2020.
Bahamas ranks 13th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (constant 2015 US$) in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1990 | -4.85 % change on previous year | — |
| 1991 | -2.78 % change on previous year | -42.6% |
| 1992 | 1.36 % change on previous year | -148.8% |
| 1993 | -10.73 % change on previous year | -890.7% |
| 1994 | 12.08 % change on previous year | -212.6% |
| 1995 | -0.6351 % change on previous year | -105.3% |
| 1996 | 3.05 % change on previous year | -580.5% |
| 1997 | 33.42 % change on previous year | +994.9% |
| 1998 | 11.36 % change on previous year | -66.0% |
| 1999 | -5.49 % change on previous year | -148.3% |
| 2000 | 8.26 % change on previous year | -250.4% |
| 2001 | -14.11 % change on previous year | -270.9% |
| 2002 | 5.77 % change on previous year | -140.9% |
| 2003 | 15.21 % change on previous year | +163.4% |
| 2004 | -4.27 % change on previous year | -128.1% |
| 2005 | 12.33 % change on previous year | -388.4% |
| 2006 | 14.5 % change on previous year | +17.6% |
| 2007 | -22.83 % change on previous year | -257.4% |
| 2008 | 13.4 % change on previous year | -158.7% |
| 2009 | -7.53 % change on previous year | -156.2% |
| 2010 | 15.04 % change on previous year | -299.7% |
| 2011 | 4.83 % change on previous year | -67.9% |
| 2012 | 9.58 % change on previous year | +98.4% |
| 2013 | -6.35 % change on previous year | -166.2% |
| 2014 | 10.34 % change on previous year | -262.9% |
| 2015 | -10.69 % change on previous year | -203.4% |
| 2016 | 18.36 % change on previous year | -271.8% |
| 2017 | -8.03 % change on previous year | -143.7% |
| 2018 | -7.98 % change on previous year | -0.5% |
| 2019 | 1.86 % change on previous year | -123.3% |
| 2020 | -25.04 % change on previous year | -1443.3% |
| 2021 | 5.79 % change on previous year | -123.1% |
| 2022 | -4.29 % change on previous year | -174.1% |
| 2023 | 8.76 % change on previous year | -304.0% |
| 2024 | 12.48 % change on previous year | +42.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.68 % change on previous year | -10.73 % change on previous year | 33.42 % change on previous year | 10 |
| 2000s | 2.07 % change on previous year | -22.83 % change on previous year | 15.21 % change on previous year | 10 |
| 2010s | 2.7 % change on previous year | -10.69 % change on previous year | 18.36 % change on previous year | 10 |
| 2020s | -0.4617 % change on previous year | -25.04 % change on previous year | 12.48 % change on previous year | 5 |
Countries ranked near Bahamas
- 10 Kyrgyzstan 13.96 % change on previous year compare
- 11 Ethiopia 13.01 % change on previous year compare
- 12 Seychelles 12.99 % change on previous year compare
- 14 Bhutan 11.33 % change on previous year compare
- 15 Rwanda 11.15 % change on previous year compare
- 16 Vanuatu 11.01 % 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)
- Industry (including construction), value added (constant 2015 US$) 0.079 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 3,117 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 12.48 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0939 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 3,705 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7719 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 30,454 current US$ per person (2024)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Bahamas?
- Industry (including construction), value added (constant 2015 us$) in Bahamas was 12.48 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Bahamas?
- The highest recorded value was 33.42 % change on previous year in 1997.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Bahamas?
- The lowest recorded value was -25.04 % change on previous year in 2020.
- How does Bahamas rank for industry (including construction), value added (constant 2015 us$)?
- Bahamas ranks 13th out of 195 countries with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Bahamas?
- Over the last ten years it is up 20.7%. 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 Industry (including construction), value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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 Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.