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 190th out of 205 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.
Manufacturing, value added in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1989 | 131.44 million current LCU | — |
| 1990 | 120.44 million current LCU | -8.4% |
| 1991 | 149.36 million current LCU | +24.0% |
| 1992 | 135.53 million current LCU | -9.3% |
| 1993 | 131.81 million current LCU | -2.8% |
| 1994 | 133.97 million current LCU | +1.6% |
| 1995 | 121.14 million current LCU | -9.6% |
| 1996 | 154.17 million current LCU | +27.3% |
| 1997 | 148.60 million current LCU | -3.6% |
| 1998 | 136.40 million current LCU | -8.2% |
| 1999 | 210.10 million current LCU | +54.0% |
| 2000 | 233.20 million current LCU | +11.0% |
| 2001 | 184.00 million current LCU | -21.1% |
| 2002 | 224.30 million current LCU | +21.9% |
| 2003 | 214.00 million current LCU | -4.6% |
| 2004 | 243.30 million current LCU | +13.7% |
| 2005 | 235.20 million current LCU | -3.3% |
| 2006 | 256.40 million current LCU | +9.0% |
| 2007 | 243.70 million current LCU | -5.0% |
| 2008 | 220.90 million current LCU | -9.4% |
| 2009 | 208.90 million current LCU | -5.4% |
| 2010 | 214.80 million current LCU | +2.8% |
| 2011 | 220.70 million current LCU | +2.7% |
| 2012 | 315.80 million current LCU | +43.1% |
| 2013 | 272.90 million current LCU | -13.6% |
| 2014 | 295.20 million current LCU | +8.2% |
| 2015 | 293.90 million current LCU | -0.4% |
| 2016 | 365.00 million current LCU | +24.2% |
| 2017 | 324.60 million current LCU | -11.1% |
| 2018 | 279.50 million current LCU | -13.9% |
| 2019 | 278.10 million current LCU | -0.5% |
| 2020 | 201.30 million current LCU | -27.6% |
| 2021 | 229.50 million current LCU | +14.0% |
| 2022 | 149.90 million current LCU | -34.7% |
| 2023 | 130.60 million current LCU | -12.9% |
| 2024 | 99.70 million current LCU | -23.7% |
Bahamas compared with similar countries
- Bahamas's 99.70 million current LCU is below the median for high income countries, which is 34.51 billion current LCU, 0% of the median. (75 countries reporting)
- Bahamas's 99.70 million current LCU is below the median for Latin America & Caribbean, which is 29.06 billion current LCU, 0% of the median. (39 countries reporting)
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
- 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 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 190th out of 205 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.
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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 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.