Industry (including construction), value added … unit GDP LCU in Bahamas
Bahamas: Industry (including construction), value added … unit GDP LCU was 0.0939 constant LCU per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant LCU), per in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Bahamas recorded 0.0939 constant LCU per US$ of GDP for industry (including construction), value added (constant lcu), per in 2024.
That represents a change of up 8.5% on the previous year and down 40.5% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Bahamas peaked at 0.276 constant LCU per US$ of GDP in 1989 and was at its lowest, 0.0865 constant LCU per US$ of GDP, in 2023.
That places Bahamas 184th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Industry (including construction), value added … unit GDP LCU in Bahamas, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1989 | 0.276 constant LCU per US$ of GDP | — |
| 1990 | 0.254 constant LCU per US$ of GDP | -8.0% |
| 1991 | 0.2512 constant LCU per US$ of GDP | -1.1% |
| 1992 | 0.2548 constant LCU per US$ of GDP | +1.4% |
| 1993 | 0.2287 constant LCU per US$ of GDP | -10.2% |
| 1994 | 0.2432 constant LCU per US$ of GDP | +6.3% |
| 1995 | 0.2297 constant LCU per US$ of GDP | -5.6% |
| 1996 | 0.2249 constant LCU per US$ of GDP | -2.1% |
| 1997 | 0.171 constant LCU per US$ of GDP | -24.0% |
| 1998 | 0.1765 constant LCU per US$ of GDP | +3.2% |
| 1999 | 0.1483 constant LCU per US$ of GDP | -16.0% |
| 2000 | 0.1528 constant LCU per US$ of GDP | +3.0% |
| 2001 | 0.1274 constant LCU per US$ of GDP | -16.6% |
| 2002 | 0.1262 constant LCU per US$ of GDP | -0.9% |
| 2003 | 0.1456 constant LCU per US$ of GDP | +15.4% |
| 2004 | 0.1365 constant LCU per US$ of GDP | -6.2% |
| 2005 | 0.1412 constant LCU per US$ of GDP | +3.4% |
| 2006 | 0.1564 constant LCU per US$ of GDP | +10.8% |
| 2007 | 0.1156 constant LCU per US$ of GDP | -26.1% |
| 2008 | 0.1322 constant LCU per US$ of GDP | +14.4% |
| 2009 | 0.1289 constant LCU per US$ of GDP | -2.5% |
| 2010 | 0.1466 constant LCU per US$ of GDP | +13.7% |
| 2011 | 0.1541 constant LCU per US$ of GDP | +5.1% |
| 2012 | 0.1586 constant LCU per US$ of GDP | +2.9% |
| 2013 | 0.152 constant LCU per US$ of GDP | -4.2% |
| 2014 | 0.1577 constant LCU per US$ of GDP | +3.8% |
| 2015 | 0.1326 constant LCU per US$ of GDP | -16.0% |
| 2016 | 0.1563 constant LCU per US$ of GDP | +17.9% |
| 2017 | 0.1372 constant LCU per US$ of GDP | -12.2% |
| 2018 | 0.1226 constant LCU per US$ of GDP | -10.7% |
| 2019 | 0.1206 constant LCU per US$ of GDP | -1.6% |
| 2020 | 0.1158 constant LCU per US$ of GDP | -4.0% |
| 2021 | 0.1055 constant LCU per US$ of GDP | -8.9% |
| 2022 | 0.0875 constant LCU per US$ of GDP | -17.1% |
| 2023 | 0.0865 constant LCU per US$ of GDP | -1.0% |
| 2024 | 0.0939 constant LCU per US$ of GDP | +8.5% |
Bahamas compared with similar countries
- Bahamas's 0.0939 constant LCU per US$ of GDP is below the median for high income countries, which is 0.2163 constant LCU per US$ of GDP, 43% of the median. (70 countries reporting)
- Bahamas's 0.0939 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4062 constant LCU per US$ of GDP, 23% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.276 constant LCU per US$ of GDP | 0.276 constant LCU per US$ of GDP | 0.276 constant LCU per US$ of GDP | 1 |
| 1990s | 0.2183 constant LCU per US$ of GDP | 0.1483 constant LCU per US$ of GDP | 0.2548 constant LCU per US$ of GDP | 10 |
| 2000s | 0.1363 constant LCU per US$ of GDP | 0.1156 constant LCU per US$ of GDP | 0.1564 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1438 constant LCU per US$ of GDP | 0.1206 constant LCU per US$ of GDP | 0.1586 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0978 constant LCU per US$ of GDP | 0.0865 constant LCU per US$ of GDP | 0.1158 constant LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 181 Marshall Islands 0.1002 constant LCU per US$ of GDP compare
- 182 Cuba 0.0986 constant LCU per US$ of GDP compare
- 183 United Kingdom 0.0941 constant LCU per US$ of GDP compare
- 185 Turks and Caicos Islands 0.0913 constant LCU per US$ of GDP compare
- 186 Andorra 0.0886 constant LCU per US$ of GDP compare
- 187 Palau 0.0847 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), per in Bahamas?
- Industry (including construction), value added (constant lcu), per in Bahamas was 0.0939 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Bahamas?
- The highest recorded value was 0.276 constant LCU per US$ of GDP in 1989.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Bahamas?
- The lowest recorded value was 0.0865 constant LCU per US$ of GDP in 2023.
- How does Bahamas rank for industry (including construction), value added (constant lcu), per?
- Bahamas ranks 184th out of 198 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), per rising or falling in Bahamas?
- Over the last ten years it is down 40.5%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added 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
Industry (including construction), value added (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.