Manufacturing, value added in Bahamas
Bahamas: Manufacturing, value added was 99.70 million current LCU in 2024. ▲ Rising
Manufacturing, value added in Bahamas, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Bahamas stood at 99.70 million current LCU. That is the lowest value across all 36 years on record.
Compared with earlier readings it is down 23.7% on the previous year and down 66.2% over ten years.
Over the whole period, manufacturing, value added in Bahamas peaked at 365.00 million current LCU in 2016 and was at its lowest, 99.70 million current LCU, in 2024.
That places Bahamas 189th out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 131.44 million current LCU | 131.44 million current LCU | 131.44 million current LCU | 1 |
| 1990s | 144.15 million current LCU | 120.44 million current LCU | 210.10 million current LCU | 10 |
| 2000s | 226.39 million current LCU | 184.00 million current LCU | 256.40 million current LCU | 10 |
| 2010s | 286.05 million current LCU | 214.80 million current LCU | 365.00 million current LCU | 10 |
| 2020s | 162.20 million current LCU | 99.70 million current LCU | 229.50 million current LCU | 5 |
Countries ranked near Bahamas
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 99.70 million current 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 365.00 million current LCU in 2016.
- What is the lowest manufacturing, value added recorded in Bahamas?
- The lowest recorded value was 99.70 million current LCU in 2024.
- How does Bahamas rank for manufacturing, value added?
- Bahamas ranks 189th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bahamas?
- Over the last ten years it is down 66.2%. The long-run trend across the full record is rising.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.