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Services, value added (constant 2015 US$), per unit of GDP in Bahamas

Bahamas: Services, value added (constant 2015 US$), per unit of GDP was 0.6616 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.6616 constant 2015 US$ per US$ of GDP
Change on year
down 1.6%
World rank
16th
of 195 countries
All-time high
2.67 constant 2015 US$ per US$ of GDP
in 1989
All-time low
0.6616 constant 2015 US$ per US$ of GDP
in 2024
Years of data
36
1989–2024

Services, value added (constant 2015 US$), per unit of GDP in Bahamas, 1989–2024

0.511.522.51989200620241989: 2.7 constant 2015 US$ per US$ of GDP1990: 2.6 constant 2015 US$ per US$ of GDP1991: 2.3 constant 2015 US$ per US$ of GDP1992: 2.4 constant 2015 US$ per US$ of GDP1993: 2.4 constant 2015 US$ per US$ of GDP1994: 2.3 constant 2015 US$ per US$ of GDP1995: 2.3 constant 2015 US$ per US$ of GDP1996: 2.3 constant 2015 US$ per US$ of GDP1997: 1.1 constant 2015 US$ per US$ of GDP1998: 1.1 constant 2015 US$ per US$ of GDP1999: 1 constant 2015 US$ per US$ of GDP2000: 1 constant 2015 US$ per US$ of GDP2001: 1 constant 2015 US$ per US$ of GDP2002: 0.985 constant 2015 US$ per US$ of GDP2003: 0.963 constant 2015 US$ per US$ of GDP2004: 0.969 constant 2015 US$ per US$ of GDP2005: 0.914 constant 2015 US$ per US$ of GDP2006: 0.872 constant 2015 US$ per US$ of GDP2007: 0.884 constant 2015 US$ per US$ of GDP2008: 0.852 constant 2015 US$ per US$ of GDP2009: 0.858 constant 2015 US$ per US$ of GDP2010: 0.853 constant 2015 US$ per US$ of GDP2011: 0.855 constant 2015 US$ per US$ of GDP2012: 0.806 constant 2015 US$ per US$ of GDP2013: 0.817 constant 2015 US$ per US$ of GDP2014: 0.788 constant 2015 US$ per US$ of GDP2015: 0.768 constant 2015 US$ per US$ of GDP2016: 0.754 constant 2015 US$ per US$ of GDP2017: 0.733 constant 2015 US$ per US$ of GDP2018: 0.74 constant 2015 US$ per US$ of GDP2019: 0.729 constant 2015 US$ per US$ of GDP2020: 0.773 constant 2015 US$ per US$ of GDP2021: 0.747 constant 2015 US$ per US$ of GDP2022: 0.728 constant 2015 US$ per US$ of GDP2023: 0.672 constant 2015 US$ per US$ of GDP2024: 0.662 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Bahamas recorded 0.6616 constant 2015 US$ per US$ of GDP for services, value added (constant 2015 us$), per unit of gdp in 2024. That is the lowest value across all 36 years on record.

That represents a change of down 1.6% on the previous year and down 16.0% over ten years.

Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Bahamas peaked at 2.67 constant 2015 US$ per US$ of GDP in 1989 and was at its lowest, 0.6616 constant 2015 US$ per US$ of GDP, in 2024.

Bahamas ranks 16th of 195 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Services, value added (constant 2015 US$), per unit of GDP in Bahamas, year by year

Year constant 2015 US$ per US$ of GDP Change
1989 2.67 constant 2015 US$ per US$ of GDP —
1990 2.56 constant 2015 US$ per US$ of GDP -4.0%
1991 2.29 constant 2015 US$ per US$ of GDP -10.9%
1992 2.35 constant 2015 US$ per US$ of GDP +3.0%
1993 2.44 constant 2015 US$ per US$ of GDP +3.7%
1994 2.34 constant 2015 US$ per US$ of GDP -4.3%
1995 2.34 constant 2015 US$ per US$ of GDP +0.1%
1996 2.31 constant 2015 US$ per US$ of GDP -1.4%
1997 1.11 constant 2015 US$ per US$ of GDP -51.7%
1998 1.07 constant 2015 US$ per US$ of GDP -4.1%
1999 1.05 constant 2015 US$ per US$ of GDP -1.7%
2000 1.01 constant 2015 US$ per US$ of GDP -3.4%
2001 1.03 constant 2015 US$ per US$ of GDP +1.9%
2002 0.9852 constant 2015 US$ per US$ of GDP -4.6%
2003 0.9628 constant 2015 US$ per US$ of GDP -2.3%
2004 0.9692 constant 2015 US$ per US$ of GDP +0.7%
2005 0.914 constant 2015 US$ per US$ of GDP -5.7%
2006 0.8722 constant 2015 US$ per US$ of GDP -4.6%
2007 0.8839 constant 2015 US$ per US$ of GDP +1.3%
2008 0.8518 constant 2015 US$ per US$ of GDP -3.6%
2009 0.8581 constant 2015 US$ per US$ of GDP +0.7%
2010 0.8534 constant 2015 US$ per US$ of GDP -0.5%
2011 0.8545 constant 2015 US$ per US$ of GDP +0.1%
2012 0.8061 constant 2015 US$ per US$ of GDP -5.7%
2013 0.8172 constant 2015 US$ per US$ of GDP +1.4%
2014 0.7876 constant 2015 US$ per US$ of GDP -3.6%
2015 0.7684 constant 2015 US$ per US$ of GDP -2.4%
2016 0.7542 constant 2015 US$ per US$ of GDP -1.8%
2017 0.7333 constant 2015 US$ per US$ of GDP -2.8%
2018 0.7402 constant 2015 US$ per US$ of GDP +0.9%
2019 0.729 constant 2015 US$ per US$ of GDP -1.5%
2020 0.7732 constant 2015 US$ per US$ of GDP +6.1%
2021 0.7469 constant 2015 US$ per US$ of GDP -3.4%
2022 0.7277 constant 2015 US$ per US$ of GDP -2.6%
2023 0.6723 constant 2015 US$ per US$ of GDP -7.6%
2024 0.6616 constant 2015 US$ per US$ of GDP -1.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.67 constant 2015 US$ per US$ of GDP 2.67 constant 2015 US$ per US$ of GDP 2.67 constant 2015 US$ per US$ of GDP 1
1990s 1.99 constant 2015 US$ per US$ of GDP 1.05 constant 2015 US$ per US$ of GDP 2.56 constant 2015 US$ per US$ of GDP 10
2000s 0.9344 constant 2015 US$ per US$ of GDP 0.8518 constant 2015 US$ per US$ of GDP 1.03 constant 2015 US$ per US$ of GDP 10
2010s 0.7844 constant 2015 US$ per US$ of GDP 0.729 constant 2015 US$ per US$ of GDP 0.8545 constant 2015 US$ per US$ of GDP 10
2020s 0.7163 constant 2015 US$ per US$ of GDP 0.6616 constant 2015 US$ per US$ of GDP 0.7732 constant 2015 US$ per US$ of GDP 5

Countries ranked near Bahamas

  1. 13 Cayman Islands 0.7058 constant 2015 US$ per US$ of GDP compare
  2. 14 Maldives 0.6675 constant 2015 US$ per US$ of GDP compare
  3. 15 Australia 0.663 constant 2015 US$ per US$ of GDP compare
  4. 17 Aruba 0.6615 constant 2015 US$ per US$ of GDP compare
  5. 18 Djibouti 0.6609 constant 2015 US$ per US$ of GDP compare
  6. 19 Barbados 0.6429 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

More economy & growth data for Bahamas

All data for Bahamas →

Frequently asked questions

What is services, value added (constant 2015 us$), per unit of gdp in Bahamas?
Services, value added (constant 2015 us$), per unit of gdp in Bahamas was 0.6616 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Bahamas?
The highest recorded value was 2.67 constant 2015 US$ per US$ of GDP in 1989.
What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Bahamas?
The lowest recorded value was 0.6616 constant 2015 US$ per US$ of GDP in 2024.
How does Bahamas rank for services, value added (constant 2015 us$), per unit of gdp?
Bahamas ranks 16th out of 195 countries with data for 2024.
Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Bahamas?
Over the last ten years it is down 16.0%. The long-run trend across the full record is volatile.
Where does this Bahamas data come from?
The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Services, value added (constant 2015 US$), per unit of GDP in Bahamas. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/bahamas-the/

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How this figure is calculated

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Services, value added (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • Services, value added Country official statistics, National Statistical Offices (NSOs)
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Services, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,768 data points, 1960–2025
Last refreshed

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.