Manufacturing, value added in Bahamas
Bahamas: Manufacturing, value added was -52.1% in 2024. ◆ Volatile
Manufacturing, value added in Bahamas, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Bahamas recorded -52.1% for manufacturing, value added in 2024. That is the lowest value across all 35 years on record.
The figure is down 128.7% on the previous year and down 926.6% over ten years.
Over the whole period, manufacturing, value added in Bahamas peaked at 28.6% in 2003 and was at its lowest, -52.1%, in 2024.
That places Bahamas 190th out of 190 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Bahamas, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1990 | -6.7% | — |
| 1991 | -4.6% | -31.7% |
| 1992 | -8.7% | +89.1% |
| 1993 | -3.3% | -61.6% |
| 1994 | 2.8% | -185.3% |
| 1995 | 4.7% | +65.1% |
| 1996 | 11.4% | +142.7% |
| 1997 | -11.0% | -197.1% |
| 1998 | -1.3% | -88.3% |
| 1999 | 13.1% | -1115.4% |
| 2000 | 7.9% | -39.4% |
| 2001 | -13.2% | -266.0% |
| 2002 | -6.8% | -48.5% |
| 2003 | 28.6% | -522.4% |
| 2004 | 9.6% | -66.3% |
| 2005 | -5.6% | -158.3% |
| 2006 | 10.7% | -291.0% |
| 2007 | -12.6% | -217.2% |
| 2008 | -7.3% | -42.1% |
| 2009 | -6.0% | -18.0% |
| 2010 | 9.1% | -251.5% |
| 2011 | 0.3% | -97.0% |
| 2012 | 11.6% | +4179.3% |
| 2013 | -12.2% | -206.0% |
| 2014 | 6.3% | -151.5% |
| 2015 | -12.4% | -297.5% |
| 2016 | 4.5% | -135.8% |
| 2017 | -15.6% | -448.9% |
| 2018 | -14.9% | -4.3% |
| 2019 | 2.8% | -119.0% |
| 2020 | -23.1% | -918.6% |
| 2021 | -46.6% | +101.5% |
| 2022 | -15.4% | -66.9% |
| 2023 | -22.8% | +47.5% |
| 2024 | -52.1% | +128.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.4% | -11.0% | 13.1% | 10 |
| 2000s | 0.6% | -13.2% | 28.6% | 10 |
| 2010s | -2.1% | -15.6% | 11.6% | 10 |
| 2020s | -32.0% | -52.1% | -15.4% | 5 |
Countries ranked near Bahamas
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)
- GDP (current US$), annual growth rate 3.68 % change on previous year (2024)
- GDP (current US$), per capita 39,455 current US$ per person (2024)
- GDP (current LCU), annual growth rate 3.68 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 39,455 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 3.38 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8609 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 33,968 constant 2015 US$ per person (2024)
Frequently asked questions
- What is manufacturing, value added in Bahamas?
- Manufacturing, value added in Bahamas was -52.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Bahamas?
- The highest recorded value was 28.6% in 2003.
- What is the lowest manufacturing, value added recorded in Bahamas?
- The lowest recorded value was -52.1% in 2024.
- How does Bahamas rank for manufacturing, value added?
- Bahamas ranks 190th out of 190 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bahamas?
- Over the last ten years it is down 926.6%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.