Manufacturing, value added in Bahamas
Bahamas: Manufacturing, value added was 36.90 million constant LCU in 2024. ▼ Falling
Manufacturing, value added in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Bahamas recorded 36.90 million constant LCU for manufacturing, value added in 2024. That is the lowest value across all 36 years on record.
Compared with earlier readings it is down 52.1% on the previous year and down 91.3% over ten years.
Over the whole period, manufacturing, value added in Bahamas peaked at 490.50 million constant LCU in 2006 and was at its lowest, 36.90 million constant LCU, in 2024.
Bahamas ranks 184th of 192 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Manufacturing, value added in Bahamas, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1989 | 406.96 million constant LCU | — |
| 1990 | 379.64 million constant LCU | -6.7% |
| 1991 | 362.23 million constant LCU | -4.6% |
| 1992 | 330.81 million constant LCU | -8.7% |
| 1993 | 319.81 million constant LCU | -3.3% |
| 1994 | 328.89 million constant LCU | +2.8% |
| 1995 | 344.29 million constant LCU | +4.7% |
| 1996 | 383.43 million constant LCU | +11.4% |
| 1997 | 341.10 million constant LCU | -11.0% |
| 1998 | 336.70 million constant LCU | -1.3% |
| 1999 | 380.80 million constant LCU | +13.1% |
| 2000 | 411.00 million constant LCU | +7.9% |
| 2001 | 356.90 million constant LCU | -13.2% |
| 2002 | 332.70 million constant LCU | -6.8% |
| 2003 | 428.00 million constant LCU | +28.6% |
| 2004 | 469.30 million constant LCU | +9.6% |
| 2005 | 442.90 million constant LCU | -5.6% |
| 2006 | 490.50 million constant LCU | +10.7% |
| 2007 | 428.70 million constant LCU | -12.6% |
| 2008 | 397.40 million constant LCU | -7.3% |
| 2009 | 373.60 million constant LCU | -6.0% |
| 2010 | 407.50 million constant LCU | +9.1% |
| 2011 | 408.60 million constant LCU | +0.3% |
| 2012 | 455.80 million constant LCU | +11.6% |
| 2013 | 400.00 million constant LCU | -12.2% |
| 2014 | 425.20 million constant LCU | +6.3% |
| 2015 | 372.30 million constant LCU | -12.4% |
| 2016 | 388.90 million constant LCU | +4.5% |
| 2017 | 328.40 million constant LCU | -15.6% |
| 2018 | 279.50 million constant LCU | -14.9% |
| 2019 | 287.40 million constant LCU | +2.8% |
| 2020 | 220.90 million constant LCU | -23.1% |
| 2021 | 117.90 million constant LCU | -46.6% |
| 2022 | 99.70 million constant LCU | -15.4% |
| 2023 | 77.00 million constant LCU | -22.8% |
| 2024 | 36.90 million constant LCU | -52.1% |
Bahamas compared with similar countries
- Bahamas's 36.90 million constant LCU is below the median for high income countries, which is 29.35 billion constant LCU, 0% of the median. (67 countries reporting)
- Bahamas's 36.90 million constant LCU is below the median for Latin America & Caribbean, which is 15.63 billion constant LCU, 0% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 406.96 million constant LCU | 406.96 million constant LCU | 406.96 million constant LCU | 1 |
| 1990s | 350.77 million constant LCU | 319.81 million constant LCU | 383.43 million constant LCU | 10 |
| 2000s | 413.10 million constant LCU | 332.70 million constant LCU | 490.50 million constant LCU | 10 |
| 2010s | 375.36 million constant LCU | 279.50 million constant LCU | 455.80 million constant LCU | 10 |
| 2020s | 110.48 million constant LCU | 36.90 million constant LCU | 220.90 million constant LCU | 5 |
Countries ranked near Bahamas
- 181 Saint Kitts and Nevis 65.33 million constant LCU compare
- 182 Tonga 63.22 million constant LCU compare
- 183 Cayman Islands 37.20 million constant LCU compare
- 185 Sint Maarten (Dutch part) 33.09 million constant LCU compare
- 186 East Timor 29.00 million constant LCU compare
- 187 Bermuda 27.65 million constant LCU 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 in Bahamas?
- Manufacturing, value added in Bahamas was 36.90 million constant LCU 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 490.50 million constant LCU in 2006.
- What is the lowest manufacturing, value added recorded in Bahamas?
- The lowest recorded value was 36.90 million constant LCU in 2024.
- How does Bahamas rank for manufacturing, value added?
- Bahamas ranks 184th out of 192 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bahamas?
- Over the last ten years it is down 91.3%. The long-run trend across the full record is falling.
- 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 (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.