Industry (including construction), value added in Bahamas
Bahamas: Industry (including construction), value added was 1.25 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Bahamas is 1.25 billion constant 2015 US$, measured in 2024.
The figure is up 12.5% on the previous year and down 15.4% over ten years.
Over the whole period, industry (including construction), value added in Bahamas peaked at 1.56 billion constant 2015 US$ in 2016 and was at its lowest, 595.06 million constant 2015 US$, in 1993.
That places Bahamas 152nd out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 710.90 million constant 2015 US$ | 710.90 million constant 2015 US$ | 710.90 million constant 2015 US$ | 1 |
| 1990s | 749.30 million constant 2015 US$ | 595.06 million constant 2015 US$ | 1.01 billion constant 2015 US$ | 10 |
| 2000s | 1.08 billion constant 2015 US$ | 891.64 million constant 2015 US$ | 1.34 billion constant 2015 US$ | 10 |
| 2010s | 1.38 billion constant 2015 US$ | 1.25 billion constant 2015 US$ | 1.56 billion constant 2015 US$ | 10 |
| 2020s | 1.09 billion constant 2015 US$ | 1.01 billion constant 2015 US$ | 1.25 billion constant 2015 US$ | 5 |
Countries ranked near Bahamas
- 149 Eswatini 1.80 billion constant 2015 US$ compare
- 150 Moldova 1.73 billion constant 2015 US$ compare
- 151 Mauritania 1.58 billion constant 2015 US$ compare
- 153 Suriname 1.13 billion constant 2015 US$ compare
- 154 Bhutan 977.37 million constant 2015 US$ compare
- 155 Liberia 871.67 million constant 2015 US$ compare
More economy & growth data for Bahamas
- External balance on goods and services as a percent of gdp -3.68 (2024)
- Inflation of consumer prices 0.4092 (2024)
- Gdp per capita worldbank constant usd 33,968 (2024)
- Manufacturing value added to gdp 0.6297 (2024)
- Gdp worldbank constant usd 13.63 billion (2024)
- Gdp per capita in international and market dollars 33,968 (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -29.90 million current US$ (2024)
- Taxes less subsidies on products 1.95 billion current LCU (2024)
Frequently asked questions
- What is industry (including construction), value added in Bahamas?
- Industry (including construction), value added in Bahamas was 1.25 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Bahamas?
- The highest recorded value was 1.56 billion constant 2015 US$ in 2016.
- What is the lowest industry (including construction), value added recorded in Bahamas?
- The lowest recorded value was 595.06 million constant 2015 US$ in 1993.
- How does Bahamas rank for industry (including construction), value added?
- Bahamas ranks 152nd out of 194 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Bahamas?
- Over the last ten years it is down 15.4%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.