Services, value added (constant LCU), per unit of GDP in Bahamas
Bahamas: Services, value added (constant LCU), per unit of GDP was 0.6717 constant LCU per US$ of GDP in 2024. ◆ Volatile
Services, value added (constant LCU), per unit of GDP in Bahamas, 1989–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for services, value added (constant lcu), per unit of gdp in Bahamas is 0.6717 constant LCU per US$ of GDP, measured 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 lcu), per unit of gdp in Bahamas peaked at 2.71 constant LCU per US$ of GDP in 1989 and was at its lowest, 0.6717 constant LCU per US$ of GDP, in 2024.
Bahamas ranks 148th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), per unit of GDP in Bahamas, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1989 | 2.71 constant LCU per US$ of GDP | — |
| 1990 | 2.6 constant LCU per US$ of GDP | -4.0% |
| 1991 | 2.32 constant LCU per US$ of GDP | -10.9% |
| 1992 | 2.39 constant LCU per US$ of GDP | +3.0% |
| 1993 | 2.48 constant LCU per US$ of GDP | +3.7% |
| 1994 | 2.37 constant LCU per US$ of GDP | -4.3% |
| 1995 | 2.37 constant LCU per US$ of GDP | +0.1% |
| 1996 | 2.34 constant LCU per US$ of GDP | -1.4% |
| 1997 | 1.13 constant LCU per US$ of GDP | -51.7% |
| 1998 | 1.08 constant LCU per US$ of GDP | -4.1% |
| 1999 | 1.07 constant LCU per US$ of GDP | -1.7% |
| 2000 | 1.03 constant LCU per US$ of GDP | -3.4% |
| 2001 | 1.05 constant LCU per US$ of GDP | +1.9% |
| 2002 | 1 constant LCU per US$ of GDP | -4.6% |
| 2003 | 0.9774 constant LCU per US$ of GDP | -2.3% |
| 2004 | 0.9838 constant LCU per US$ of GDP | +0.7% |
| 2005 | 0.9278 constant LCU per US$ of GDP | -5.7% |
| 2006 | 0.8854 constant LCU per US$ of GDP | -4.6% |
| 2007 | 0.8973 constant LCU per US$ of GDP | +1.3% |
| 2008 | 0.8647 constant LCU per US$ of GDP | -3.6% |
| 2009 | 0.8711 constant LCU per US$ of GDP | +0.7% |
| 2010 | 0.8663 constant LCU per US$ of GDP | -0.5% |
| 2011 | 0.8675 constant LCU per US$ of GDP | +0.1% |
| 2012 | 0.8183 constant LCU per US$ of GDP | -5.7% |
| 2013 | 0.8295 constant LCU per US$ of GDP | +1.4% |
| 2014 | 0.7995 constant LCU per US$ of GDP | -3.6% |
| 2015 | 0.78 constant LCU per US$ of GDP | -2.4% |
| 2016 | 0.7656 constant LCU per US$ of GDP | -1.8% |
| 2017 | 0.7444 constant LCU per US$ of GDP | -2.8% |
| 2018 | 0.7514 constant LCU per US$ of GDP | +0.9% |
| 2019 | 0.74 constant LCU per US$ of GDP | -1.5% |
| 2020 | 0.7849 constant LCU per US$ of GDP | +6.1% |
| 2021 | 0.7582 constant LCU per US$ of GDP | -3.4% |
| 2022 | 0.7388 constant LCU per US$ of GDP | -2.6% |
| 2023 | 0.6824 constant LCU per US$ of GDP | -7.6% |
| 2024 | 0.6717 constant LCU per US$ of GDP | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.71 constant LCU per US$ of GDP | 2.71 constant LCU per US$ of GDP | 2.71 constant LCU per US$ of GDP | 1 |
| 1990s | 2.02 constant LCU per US$ of GDP | 1.07 constant LCU per US$ of GDP | 2.6 constant LCU per US$ of GDP | 10 |
| 2000s | 0.9486 constant LCU per US$ of GDP | 0.8647 constant LCU per US$ of GDP | 1.05 constant LCU per US$ of GDP | 10 |
| 2010s | 0.7963 constant LCU per US$ of GDP | 0.74 constant LCU per US$ of GDP | 0.8675 constant LCU per US$ of GDP | 10 |
| 2020s | 0.7272 constant LCU per US$ of GDP | 0.6717 constant LCU per US$ of GDP | 0.7849 constant LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 145 Bermuda 0.6983 constant LCU per US$ of GDP compare
- 146 Romania 0.6819 constant LCU per US$ of GDP compare
- 147 Singapore 0.6775 constant LCU per US$ of GDP compare
- 149 Panama 0.6619 constant LCU per US$ of GDP compare
- 150 Palau 0.6334 constant LCU per US$ of GDP compare
- 151 Timor-Leste 0.6289 constant LCU per US$ of GDP compare
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)
- Exports of goods and services (current LCU), annual growth rate 3.6 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.3778 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 14,908 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.18 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3039 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 11,991 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 22.61 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (constant lcu), per unit of gdp in Bahamas?
- Services, value added (constant lcu), per unit of gdp in Bahamas was 0.6717 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 2.71 constant LCU per US$ of GDP in 1989.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.6717 constant LCU per US$ of GDP in 2024.
- How does Bahamas rank for services, value added (constant lcu), per unit of gdp?
- Bahamas ranks 148th out of 197 countries with data for 2024.
- Is services, value added (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
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
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.