Services, value added (current US$), per unit of GDP in Bahamas
Bahamas: Services, value added (current US$), per unit of GDP was 0.7719 current US$ per US$ of GDP in 2024. ▲ Rising
Services, value added (current US$), per unit of GDP in Bahamas, 1984–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, services, value added (current us$), per unit of gdp in Bahamas stood at 0.7719 current US$ 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 us$), per unit of gdp in Bahamas peaked at 0.8239 current US$ per US$ of GDP in 2009 and was at its lowest, 0.6661 current US$ per US$ of GDP, in 1992.
That places Bahamas 12th out of 204 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Services, value added (current US$), per unit of GDP in Bahamas, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.7343 current US$ per US$ of GDP | — |
| 1985 | 0.7299 current US$ per US$ of GDP | -0.6% |
| 1986 | 0.7296 current US$ per US$ of GDP | -0.0% |
| 1987 | 0.7312 current US$ per US$ of GDP | +0.2% |
| 1989 | 0.6848 current US$ per US$ of GDP | -6.3% |
| 1990 | 0.7016 current US$ per US$ of GDP | +2.4% |
| 1991 | 0.6685 current US$ per US$ of GDP | -4.7% |
| 1992 | 0.6661 current US$ per US$ of GDP | -0.4% |
| 1993 | 0.7117 current US$ per US$ of GDP | +6.9% |
| 1994 | 0.6746 current US$ per US$ of GDP | -5.2% |
| 1995 | 0.6814 current US$ per US$ of GDP | +1.0% |
| 1996 | 0.6793 current US$ per US$ of GDP | -0.3% |
| 1997 | 0.7687 current US$ per US$ of GDP | +13.2% |
| 1998 | 0.7694 current US$ per US$ of GDP | +0.1% |
| 1999 | 0.8014 current US$ per US$ of GDP | +4.2% |
| 2000 | 0.777 current US$ per US$ of GDP | -3.0% |
| 2001 | 0.8238 current US$ per US$ of GDP | +6.0% |
| 2002 | 0.8097 current US$ per US$ of GDP | -1.7% |
| 2003 | 0.815 current US$ per US$ of GDP | +0.6% |
| 2004 | 0.8233 current US$ per US$ of GDP | +1.0% |
| 2005 | 0.822 current US$ per US$ of GDP | -0.2% |
| 2006 | 0.7895 current US$ per US$ of GDP | -3.9% |
| 2007 | 0.8208 current US$ per US$ of GDP | +4.0% |
| 2008 | 0.812 current US$ per US$ of GDP | -1.1% |
| 2009 | 0.8239 current US$ per US$ of GDP | +1.5% |
| 2010 | 0.8114 current US$ per US$ of GDP | -1.5% |
| 2011 | 0.7986 current US$ per US$ of GDP | -1.6% |
| 2012 | 0.7694 current US$ per US$ of GDP | -3.7% |
| 2013 | 0.7904 current US$ per US$ of GDP | +2.7% |
| 2014 | 0.7839 current US$ per US$ of GDP | -0.8% |
| 2015 | 0.7684 current US$ per US$ of GDP | -2.0% |
| 2016 | 0.7649 current US$ per US$ of GDP | -0.5% |
| 2017 | 0.7496 current US$ per US$ of GDP | -2.0% |
| 2018 | 0.7514 current US$ per US$ of GDP | +0.2% |
| 2019 | 0.7437 current US$ per US$ of GDP | -1.0% |
| 2020 | 0.7647 current US$ per US$ of GDP | +2.8% |
| 2021 | 0.7718 current US$ per US$ of GDP | +0.9% |
| 2022 | 0.8031 current US$ per US$ of GDP | +4.1% |
| 2023 | 0.7856 current US$ per US$ of GDP | -2.2% |
| 2024 | 0.7719 current US$ per US$ of GDP | -1.7% |
Bahamas compared with similar countries
- Bahamas's 0.7719 current US$ per US$ of GDP is above the median for high income countries, which is 0.6616 current US$ per US$ of GDP, 1.2× the median. (77 countries reporting)
- Bahamas's 0.7719 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.5984 current US$ per US$ of GDP, 1.3× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.722 current US$ per US$ of GDP | 0.6848 current US$ per US$ of GDP | 0.7343 current US$ per US$ of GDP | 5 |
| 1990s | 0.7123 current US$ per US$ of GDP | 0.6661 current US$ per US$ of GDP | 0.8014 current US$ per US$ of GDP | 10 |
| 2000s | 0.8117 current US$ per US$ of GDP | 0.777 current US$ per US$ of GDP | 0.8239 current US$ per US$ of GDP | 10 |
| 2010s | 0.7732 current US$ per US$ of GDP | 0.7437 current US$ per US$ of GDP | 0.8114 current US$ per US$ of GDP | 10 |
| 2020s | 0.7794 current US$ per US$ of GDP | 0.7647 current US$ per US$ of GDP | 0.8031 current US$ per US$ of GDP | 5 |
Countries ranked near Bahamas
- 9 Sao Tome and Principe 0.8139 current US$ per US$ of GDP compare
- 10 Malta 0.8133 current US$ per US$ of GDP compare
- 11 Andorra 0.7779 current US$ per US$ of GDP compare
- 13 Cyprus 0.7685 current US$ per US$ of GDP compare
- 14 Aruba 0.7628 current US$ per US$ of GDP compare
- 15 United States 0.7626 current US$ 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)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Bahamas?
- Services, value added (current us$), per unit of gdp in Bahamas was 0.7719 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.8239 current US$ per US$ of GDP in 2009.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.6661 current US$ per US$ of GDP in 1992.
- How does Bahamas rank for services, value added (current us$), per unit of gdp?
- Bahamas ranks 12th out of 204 countries with data for 2024.
- Is services, value added (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.