Industry (including construction), value added per worker (constant) in Bahamas
Bahamas: Industry (including construction), value added per worker (constant) was 38,011 constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added per worker in Bahamas, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added per worker in Bahamas is 38,011 constant 2015 US$, measured in 2024.
That represents a change of up 12.4% on the previous year and down 33.2% over ten years.
Over the whole period, industry (including construction), value added per worker in Bahamas peaked at 57,509 constant 2015 US$ in 2012 and was at its lowest, 31,483 constant 2015 US$, in 2022.
Bahamas ranks 48th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Industry (including construction), value added per worker (constant) in Bahamas, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 33,790 constant 2015 US$ | — |
| 1992 | 34,431 constant 2015 US$ | +1.9% |
| 1993 | 36,552 constant 2015 US$ | +6.2% |
| 1994 | 38,441 constant 2015 US$ | +5.2% |
| 1995 | 32,800 constant 2015 US$ | -14.7% |
| 1996 | 32,144 constant 2015 US$ | -2.0% |
| 1997 | 41,754 constant 2015 US$ | +29.9% |
| 1998 | 42,760 constant 2015 US$ | +2.4% |
| 1999 | 36,266 constant 2015 US$ | -15.2% |
| 2000 | 37,796 constant 2015 US$ | +4.2% |
| 2001 | 31,782 constant 2015 US$ | -15.9% |
| 2002 | 34,588 constant 2015 US$ | +8.8% |
| 2003 | 42,094 constant 2015 US$ | +21.7% |
| 2004 | 38,765 constant 2015 US$ | -7.9% |
| 2005 | 38,587 constant 2015 US$ | -0.5% |
| 2006 | 41,035 constant 2015 US$ | +6.3% |
| 2007 | 31,743 constant 2015 US$ | -22.6% |
| 2008 | 39,102 constant 2015 US$ | +23.2% |
| 2009 | 38,457 constant 2015 US$ | -1.6% |
| 2010 | 47,931 constant 2015 US$ | +24.6% |
| 2011 | 54,942 constant 2015 US$ | +14.6% |
| 2012 | 57,509 constant 2015 US$ | +4.7% |
| 2013 | 54,686 constant 2015 US$ | -4.9% |
| 2014 | 56,939 constant 2015 US$ | +4.1% |
| 2015 | 49,317 constant 2015 US$ | -13.4% |
| 2016 | 57,355 constant 2015 US$ | +16.3% |
| 2017 | 49,073 constant 2015 US$ | -14.4% |
| 2018 | 44,244 constant 2015 US$ | -9.8% |
| 2019 | 43,639 constant 2015 US$ | -1.4% |
| 2020 | 36,876 constant 2015 US$ | -15.5% |
| 2021 | 36,130 constant 2015 US$ | -2.0% |
| 2022 | 31,483 constant 2015 US$ | -12.9% |
| 2023 | 33,809 constant 2015 US$ | +7.4% |
| 2024 | 38,011 constant 2015 US$ | +12.4% |
Bahamas compared with similar countries
- Bahamas's 38,011 constant 2015 US$ is below the median for high income countries, which is 65,514 constant 2015 US$, 58% of the median. (56 countries reporting)
- Bahamas's 38,011 constant 2015 US$ is above the median for Latin America & Caribbean, which is 18,545 constant 2015 US$, 2.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36,549 constant 2015 US$ | 32,144 constant 2015 US$ | 42,760 constant 2015 US$ | 9 |
| 2000s | 37,395 constant 2015 US$ | 31,743 constant 2015 US$ | 42,094 constant 2015 US$ | 10 |
| 2010s | 51,563 constant 2015 US$ | 43,639 constant 2015 US$ | 57,509 constant 2015 US$ | 10 |
| 2020s | 35,262 constant 2015 US$ | 31,483 constant 2015 US$ | 38,011 constant 2015 US$ | 5 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- 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)
Frequently asked questions
- What is industry (including construction), value added per worker in Bahamas?
- Industry (including construction), value added per worker in Bahamas was 38,011 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest industry (including construction), value added per worker recorded in Bahamas?
- The highest recorded value was 57,509 constant 2015 US$ in 2012.
- What is the lowest industry (including construction), value added per worker recorded in Bahamas?
- The lowest recorded value was 31,483 constant 2015 US$ in 2022.
- How does Bahamas rank for industry (including construction), value added per worker?
- Bahamas ranks 48th out of 176 countries with data for 2024.
- Is industry (including construction), value added per worker rising or falling in Bahamas?
- Over the last ten years it is down 33.2%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Industry (including construction), value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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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. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. 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.