Industry (including construction), value added in Bahamas
Bahamas: Industry (including construction), value added was 1.52 billion current US$ in 2024. ▲ Rising
Industry (including construction), value added in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Bahamas recorded 1.52 billion current US$ for industry (including construction), value added in 2024.
That represents a change of up 2.1% on the previous year and up 3.8% over ten years.
Over the whole period, industry (including construction), value added in Bahamas peaked at 1.72 billion current US$ in 2019 and was at its lowest, 404.74 million current US$, in 1993.
Bahamas ranks 156th of 206 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 470.51 million current US$ | 470.51 million current US$ | 470.51 million current US$ | 1 |
| 1990s | 583.90 million current US$ | 404.74 million current US$ | 891.80 million current US$ | 10 |
| 2000s | 995.03 million current US$ | 793.20 million current US$ | 1.19 billion current US$ | 10 |
| 2010s | 1.44 billion current US$ | 1.16 billion current US$ | 1.72 billion current US$ | 10 |
| 2020s | 1.40 billion current US$ | 1.26 billion current US$ | 1.52 billion current US$ | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- External balance on goods and services as a percent of GDP -3.7% (2024)
- Inflation of consumer prices 0.4% (2024)
- GDP per capita 33,968 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.6% (2024)
- Gross domestic product (GDP) 13.63 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 33,968 constant 2015 US$ (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 1.52 billion current 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 1.72 billion current US$ in 2019.
- What is the lowest industry (including construction), value added recorded in Bahamas?
- The lowest recorded value was 404.74 million current US$ in 1993.
- How does Bahamas rank for industry (including construction), value added?
- Bahamas ranks 156th out of 206 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Bahamas?
- Over the last ten years it is up 3.8%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.