Services, value added (current LCU), per unit of GDP in Bahamas
Bahamas: Services, value added (current LCU), per unit of GDP was 0.7719 current LCU per US$ of GDP in 2024. ▲ Rising
Services, value added (current LCU), per unit of GDP in Bahamas, 1984–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, services, value added (current lcu), per unit of gdp in Bahamas stood at 0.7719 current LCU per US$ of GDP.
That represents a change of down 1.7% on the previous year and down 1.5% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Bahamas peaked at 0.8239 current LCU per US$ of GDP in 2009 and was at its lowest, 0.6661 current LCU per US$ of GDP, in 1992.
Bahamas ranks 154th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 40 years of available data.
Services, value added (current LCU), per unit of GDP in Bahamas, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.7343 current LCU per US$ of GDP | — |
| 1985 | 0.7299 current LCU per US$ of GDP | -0.6% |
| 1986 | 0.7296 current LCU per US$ of GDP | -0.0% |
| 1987 | 0.7312 current LCU per US$ of GDP | +0.2% |
| 1989 | 0.6848 current LCU per US$ of GDP | -6.3% |
| 1990 | 0.7016 current LCU per US$ of GDP | +2.4% |
| 1991 | 0.6685 current LCU per US$ of GDP | -4.7% |
| 1992 | 0.6661 current LCU per US$ of GDP | -0.4% |
| 1993 | 0.7117 current LCU per US$ of GDP | +6.9% |
| 1994 | 0.6746 current LCU per US$ of GDP | -5.2% |
| 1995 | 0.6814 current LCU per US$ of GDP | +1.0% |
| 1996 | 0.6793 current LCU per US$ of GDP | -0.3% |
| 1997 | 0.7687 current LCU per US$ of GDP | +13.2% |
| 1998 | 0.7694 current LCU per US$ of GDP | +0.1% |
| 1999 | 0.8014 current LCU per US$ of GDP | +4.2% |
| 2000 | 0.777 current LCU per US$ of GDP | -3.0% |
| 2001 | 0.8238 current LCU per US$ of GDP | +6.0% |
| 2002 | 0.8097 current LCU per US$ of GDP | -1.7% |
| 2003 | 0.815 current LCU per US$ of GDP | +0.6% |
| 2004 | 0.8233 current LCU per US$ of GDP | +1.0% |
| 2005 | 0.822 current LCU per US$ of GDP | -0.2% |
| 2006 | 0.7895 current LCU per US$ of GDP | -3.9% |
| 2007 | 0.8208 current LCU per US$ of GDP | +4.0% |
| 2008 | 0.812 current LCU per US$ of GDP | -1.1% |
| 2009 | 0.8239 current LCU per US$ of GDP | +1.5% |
| 2010 | 0.8114 current LCU per US$ of GDP | -1.5% |
| 2011 | 0.7986 current LCU per US$ of GDP | -1.6% |
| 2012 | 0.7694 current LCU per US$ of GDP | -3.7% |
| 2013 | 0.7904 current LCU per US$ of GDP | +2.7% |
| 2014 | 0.7839 current LCU per US$ of GDP | -0.8% |
| 2015 | 0.7684 current LCU per US$ of GDP | -2.0% |
| 2016 | 0.7649 current LCU per US$ of GDP | -0.5% |
| 2017 | 0.7496 current LCU per US$ of GDP | -2.0% |
| 2018 | 0.7514 current LCU per US$ of GDP | +0.2% |
| 2019 | 0.7437 current LCU per US$ of GDP | -1.0% |
| 2020 | 0.7647 current LCU per US$ of GDP | +2.8% |
| 2021 | 0.7718 current LCU per US$ of GDP | +0.9% |
| 2022 | 0.8031 current LCU per US$ of GDP | +4.1% |
| 2023 | 0.7856 current LCU per US$ of GDP | -2.2% |
| 2024 | 0.7719 current LCU per US$ of GDP | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.722 current LCU per US$ of GDP | 0.6848 current LCU per US$ of GDP | 0.7343 current LCU per US$ of GDP | 5 |
| 1990s | 0.7123 current LCU per US$ of GDP | 0.6661 current LCU per US$ of GDP | 0.8014 current LCU per US$ of GDP | 10 |
| 2000s | 0.8117 current LCU per US$ of GDP | 0.777 current LCU per US$ of GDP | 0.8239 current LCU per US$ of GDP | 10 |
| 2010s | 0.7732 current LCU per US$ of GDP | 0.7437 current LCU per US$ of GDP | 0.8114 current LCU per US$ of GDP | 10 |
| 2020s | 0.7794 current LCU per US$ of GDP | 0.7647 current LCU per US$ of GDP | 0.8031 current LCU per US$ of GDP | 5 |
Countries ranked near Bahamas
- 151 Bermuda 0.9131 current LCU per US$ of GDP compare
- 152 Canada 0.8344 current LCU per US$ of GDP compare
- 153 Monaco 0.8057 current LCU per US$ of GDP compare
- 155 Azerbaijan 0.77 current LCU per US$ of GDP compare
- 156 Isle of Man 0.7656 current LCU per US$ of GDP compare
- 157 United States of America 0.7626 current 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)
- Services, value added (current US$), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7719 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 30,454 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 1.87 % change on previous year (2024)
- Services, value added (current LCU), per capita 30,454 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.04 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.6616 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 26,105 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in Bahamas?
- Services, value added (current lcu), per unit of gdp in Bahamas was 0.7719 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.8239 current LCU per US$ of GDP in 2009.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.6661 current LCU per US$ of GDP in 1992.
- How does Bahamas rank for services, value added (current lcu), per unit of gdp?
- Bahamas ranks 154th out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
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 (current 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.