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 183rd of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
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
- 180 Saint Kitts and Nevis 65.33 million constant LCU compare
- 181 Tonga 63.22 million constant LCU compare
- 182 Cayman Islands 37.20 million constant LCU compare
- 184 Sint Maarten (Dutch part) 33.09 million constant LCU compare
- 185 East Timor 29.00 million constant LCU compare
- 186 Bermuda 27.65 million constant LCU compare
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 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 183rd out of 191 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.