Manufacturing, value added (constant LCU), per unit of GDP in Bahamas
Bahamas: Manufacturing, value added (constant LCU), per unit of GDP was 0.0023 constant LCU per US$ of GDP in 2024. ◆ Volatile
Manufacturing, value added (constant LCU), per unit of GDP in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, manufacturing, value added (constant lcu), per unit of gdp in Bahamas stood at 0.0023 constant LCU per US$ of GDP. That is the lowest value across all 36 years on record.
That represents a change of down 53.8% on the previous year and down 93.9% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Bahamas peaked at 0.1329 constant LCU per US$ of GDP in 1989 and was at its lowest, 0.0023 constant LCU per US$ of GDP, 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 (constant LCU), per unit of GDP in Bahamas, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1989 | 0.1329 constant LCU per US$ of GDP | — |
| 1990 | 0.1199 constant LCU per US$ of GDP | -9.8% |
| 1991 | 0.1164 constant LCU per US$ of GDP | -2.9% |
| 1992 | 0.1064 constant LCU per US$ of GDP | -8.6% |
| 1993 | 0.1034 constant LCU per US$ of GDP | -2.8% |
| 1994 | 0.1009 constant LCU per US$ of GDP | -2.4% |
| 1995 | 0.1004 constant LCU per US$ of GDP | -0.5% |
| 1996 | 0.1062 constant LCU per US$ of GDP | +5.8% |
| 1997 | 0.0539 constant LCU per US$ of GDP | -49.3% |
| 1998 | 0.0493 constant LCU per US$ of GDP | -8.5% |
| 1999 | 0.0496 constant LCU per US$ of GDP | +0.6% |
| 2000 | 0.0509 constant LCU per US$ of GDP | +2.7% |
| 2001 | 0.0429 constant LCU per US$ of GDP | -15.7% |
| 2002 | 0.0375 constant LCU per US$ of GDP | -12.7% |
| 2003 | 0.0483 constant LCU per US$ of GDP | +28.8% |
| 2004 | 0.0518 constant LCU per US$ of GDP | +7.4% |
| 2005 | 0.045 constant LCU per US$ of GDP | -13.1% |
| 2006 | 0.0482 constant LCU per US$ of GDP | +7.1% |
| 2007 | 0.0404 constant LCU per US$ of GDP | -16.3% |
| 2008 | 0.0378 constant LCU per US$ of GDP | -6.5% |
| 2009 | 0.0374 constant LCU per US$ of GDP | -0.9% |
| 2010 | 0.0404 constant LCU per US$ of GDP | +7.8% |
| 2011 | 0.0406 constant LCU per US$ of GDP | +0.5% |
| 2012 | 0.0425 constant LCU per US$ of GDP | +4.8% |
| 2013 | 0.0382 constant LCU per US$ of GDP | -10.2% |
| 2014 | 0.0382 constant LCU per US$ of GDP | -0.0% |
| 2015 | 0.0315 constant LCU per US$ of GDP | -17.6% |
| 2016 | 0.0327 constant LCU per US$ of GDP | +4.1% |
| 2017 | 0.0264 constant LCU per US$ of GDP | -19.4% |
| 2018 | 0.0218 constant LCU per US$ of GDP | -17.4% |
| 2019 | 0.0216 constant LCU per US$ of GDP | -0.7% |
| 2020 | 0.0213 constant LCU per US$ of GDP | -1.5% |
| 2021 | 0.0098 constant LCU per US$ of GDP | -54.0% |
| 2022 | 0.0072 constant LCU per US$ of GDP | -26.8% |
| 2023 | 0.005 constant LCU per US$ of GDP | -29.7% |
| 2024 | 0.0023 constant LCU per US$ of GDP | -53.8% |
Bahamas compared with similar countries
- Bahamas's 0.0023 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1012 constant LCU per US$ of GDP, 2% of the median. (67 countries reporting)
- Bahamas's 0.0023 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1599 constant LCU per US$ of GDP, 1% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1329 constant LCU per US$ of GDP | 0.1329 constant LCU per US$ of GDP | 0.1329 constant LCU per US$ of GDP | 1 |
| 1990s | 0.0906 constant LCU per US$ of GDP | 0.0493 constant LCU per US$ of GDP | 0.1199 constant LCU per US$ of GDP | 10 |
| 2000s | 0.044 constant LCU per US$ of GDP | 0.0374 constant LCU per US$ of GDP | 0.0518 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0334 constant LCU per US$ of GDP | 0.0216 constant LCU per US$ of GDP | 0.0425 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0091 constant LCU per US$ of GDP | 0.0023 constant LCU per US$ of GDP | 0.0213 constant LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 187 Turks and Caicos Islands 0.004 constant LCU per US$ of GDP compare
- 188 Bermuda 0.003 constant LCU per US$ of GDP compare
- 189 Micronesia, Federated States of 0.0027 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Bahamas?
- Manufacturing, value added (constant lcu), per unit of gdp in Bahamas was 0.0023 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.1329 constant LCU per US$ of GDP in 1989.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.0023 constant LCU per US$ of GDP in 2024.
- How does Bahamas rank for manufacturing, value added (constant lcu), per unit of gdp?
- Bahamas ranks 190th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 93.9%. 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 Manufacturing, 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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, 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
Manufacturing, 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.