Share of manufacturing in gross domestic product (GDP) in Bahamas

Bahamas: Share of manufacturing in gross domestic product (GDP) was 0.6% in 2024. ▼ Falling

Latest (2024)
0.6%
Change on year
down 26.4%
World rank
197th
of 202 countries
All-time high
4.8%
in 1991
All-time low
0.6%
in 2024
Years of data
36
1989–2024

Share of manufacturing in gross domestic product (GDP) in Bahamas, 1989–2024

123451989200620241989: 4.3 % of GDP1990: 3.8 % of GDP1991: 4.8 % of GDP1992: 4.4 % of GDP1993: 4.3 % of GDP1994: 4.1 % of GDP1995: 3.5 % of GDP1996: 4.3 % of GDP1997: 2.3 % of GDP1998: 2 % of GDP1999: 2.7 % of GDP2000: 2.9 % of GDP2001: 2.2 % of GDP2002: 2.5 % of GDP2003: 2.4 % of GDP2004: 2.7 % of GDP2005: 2.4 % of GDP2006: 2.5 % of GDP2007: 2.3 % of GDP2008: 2.1 % of GDP2009: 2.1 % of GDP2010: 2.1 % of GDP2011: 2.2 % of GDP2012: 2.9 % of GDP2013: 2.6 % of GDP2014: 2.7 % of GDP2015: 2.5 % of GDP2016: 3.1 % of GDP2017: 2.6 % of GDP2018: 2.2 % of GDP2019: 2.1 % of GDP2020: 1.9 % of GDP2021: 1.9 % of GDP2022: 1.1 % of GDP2023: 0.855 % of GDP2024: 0.63 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for share of manufacturing in gross domestic product (gdp) in Bahamas is 0.6%, measured in 2024. That is the lowest value across all 36 years on record.

That represents a change of down 26.4% on the previous year and down 76.2% over ten years.

Over the whole period, share of manufacturing in gross domestic product (gdp) in Bahamas peaked at 4.8% in 1991 and was at its lowest, 0.6%, in 2024.

That places Bahamas 197th out of 202 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 36 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.3% 4.3% 4.3% 1
1990s 3.6% 2.0% 4.8% 10
2000s 2.4% 2.1% 2.9% 10
2010s 2.5% 2.1% 3.1% 10
2020s 1.3% 0.6% 1.9% 5

Countries ranked near Bahamas

  1. 194 Hong Kong 0.9% compare
  2. 195 Cayman Islands 0.9% compare
  3. 196 Macao 0.6% compare
  4. 198 Sao Tome and Principe 0.6% compare
  5. 199 Micronesia (country) 0.5% compare
  6. 200 Turks and Caicos Islands 0.4% compare

See the full ranking of 202 places →

More economy & growth data for Bahamas

All data for Bahamas →

Frequently asked questions

What is share of manufacturing in gross domestic product (gdp) in Bahamas?
Share of manufacturing in gross domestic product (gdp) in Bahamas was 0.6% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest share of manufacturing in gross domestic product (gdp) recorded in Bahamas?
The highest recorded value was 4.8% in 1991.
What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Bahamas?
The lowest recorded value was 0.6% in 2024.
How does Bahamas rank for share of manufacturing in gross domestic product (gdp)?
Bahamas ranks 197th out of 202 countries with data for 2024.
Is share of manufacturing in gross domestic product (gdp) rising or falling in Bahamas?
Over the last ten years it is down 76.2%. The long-run trend across the full record is falling.
Where does this Bahamas data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of manufacturing in gross domestic product (GDP)
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
202 places, 8,227 data points, 1960–2025
Last refreshed

Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.