Industry (including construction), value added (constant LCU), annual in Bahamas

Bahamas: Industry (including construction), value added (constant LCU), annual was 12.48 % change on previous year in 2024. ◆ Volatile

Latest (2024)
12.48 % change on previous year
Change on year
up 42.5%
World rank
13th
of 197 countries
All-time high
33.42 % change on previous year
in 1997
All-time low
-25.04 % change on previous year
in 2020
Years of data
35
1990–2024

Industry (including construction), value added (constant LCU), annual in Bahamas, 1990–2024

-20020401990200720241990: -4.8 % change on previous year1991: -2.8 % change on previous year1992: 1.4 % change on previous year1993: -10.7 % change on previous year1994: 12.1 % change on previous year1995: -0.635 % change on previous year1996: 3.1 % change on previous year1997: 33.4 % change on previous year1998: 11.4 % change on previous year1999: -5.5 % change on previous year2000: 8.3 % change on previous year2001: -14.1 % change on previous year2002: 5.8 % change on previous year2003: 15.2 % change on previous year2004: -4.3 % change on previous year2005: 12.3 % change on previous year2006: 14.5 % change on previous year2007: -22.8 % change on previous year2008: 13.4 % change on previous year2009: -7.5 % change on previous year2010: 15 % change on previous year2011: 4.8 % change on previous year2012: 9.6 % change on previous year2013: -6.3 % change on previous year2014: 10.3 % change on previous year2015: -10.7 % change on previous year2016: 18.4 % change on previous year2017: -8 % change on previous year2018: -8 % change on previous year2019: 1.9 % change on previous year2020: -25 % change on previous year2021: 5.8 % change on previous year2022: -4.3 % change on previous year2023: 8.8 % change on previous year2024: 12.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Bahamas recorded 12.48 % change on previous year for industry (including construction), value added (constant lcu), annual in 2024.

Compared with earlier readings it 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 lcu), annual 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.

That places Bahamas 13th out of 197 countries with data for 2024, putting it 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 LCU), annual in Bahamas, year by year

Annual values for Industry (including construction), value added (constant LCU), annual growth rate in Bahamas, 1990 to 2024.
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 +995.0%
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 -1443.2%
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

DecadeAverage LowestHighest 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 -0.4616 % change on previous year -25.04 % change on previous year 12.48 % change on previous year 5

Countries ranked near Bahamas

  1. 10 Kyrgyzstan 13.96 % change on previous year compare
  2. 11 Ethiopia 13.01 % change on previous year compare
  3. 12 Seychelles 12.99 % change on previous year compare
  4. 14 Bhutan 11.33 % change on previous year compare
  5. 15 Rwanda 11.15 % change on previous year compare
  6. 16 Vanuatu 11.01 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Bahamas

All data for Bahamas →

Frequently asked questions

What is industry (including construction), value added (constant lcu), annual in Bahamas?
Industry (including construction), value added (constant lcu), annual 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 lcu), annual 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 lcu), annual 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 lcu), annual?
Bahamas ranks 13th out of 197 countries with data for 2024.
Is industry (including construction), value added (constant lcu), annual 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (constant LCU), annual in Bahamas. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-constant-lcu-annual-growth-rate/bahamas-the/

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How this figure is calculated

The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Industry (including construction), value added (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,086 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.