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
Share of manufacturing in gross domestic product (GDP) in Bahamas, 1989–2024
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
| Decade | Average | Lowest | Highest | 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
- 194 Hong Kong 0.9% compare
- 195 Cayman Islands 0.9% compare
- 196 Macao 0.6% compare
- 198 Sao Tome and Principe 0.6% compare
- 199 Micronesia (country) 0.5% compare
- 200 Turks and Caicos Islands 0.4% 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)
- 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)
- Taxes less subsidies on products 1.95 billion current US$ (2024)
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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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.