Value Added (Total Manufacturing) — Value Standard Local Currency in Bahamas
Bahamas: Value Added (Total Manufacturing) — Value Standard Local Currency was 52.1 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Bahamas, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Bahamas stood at 52.1 million SLC.
Compared with earlier readings it is up 4.8% on the previous year and down 83.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Bahamas peaked at 387.2 million SLC in 2006 and was at its lowest, 49.71 million SLC, in 2022.
Bahamas ranks 180th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Bahamas, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 117.58 million SLC | — |
| 1971 | 119.5 million SLC | +1.6% |
| 1972 | 115.32 million SLC | -3.5% |
| 1973 | 124.03 million SLC | +7.6% |
| 1974 | 103.25 million SLC | -16.8% |
| 1975 | 87.98 million SLC | -14.8% |
| 1976 | 92.55 million SLC | +5.2% |
| 1977 | 101.01 million SLC | +9.1% |
| 1978 | 115.24 million SLC | +14.1% |
| 1979 | 145.5 million SLC | +26.3% |
| 1980 | 155.03 million SLC | +6.5% |
| 1981 | 140.74 million SLC | -9.2% |
| 1982 | 149.93 million SLC | +6.5% |
| 1983 | 154.76 million SLC | +3.2% |
| 1984 | 178.31 million SLC | +15.2% |
| 1985 | 186.63 million SLC | +4.7% |
| 1986 | 189.63 million SLC | +1.6% |
| 1987 | 193.35 million SLC | +2.0% |
| 1988 | 195.03 million SLC | +0.9% |
| 1989 | 223.69 million SLC | +14.7% |
| 1990 | 208.63 million SLC | -6.7% |
| 1991 | 199.16 million SLC | -4.5% |
| 1992 | 181.83 million SLC | -8.7% |
| 1993 | 175.83 million SLC | -3.3% |
| 1994 | 180.77 million SLC | +2.8% |
| 1995 | 189.3 million SLC | +4.7% |
| 1996 | 210.76 million SLC | +11.3% |
| 1997 | 269.32 million SLC | +27.8% |
| 1998 | 265.73 million SLC | -1.3% |
| 1999 | 300.59 million SLC | +13.1% |
| 2000 | 324.44 million SLC | +7.9% |
| 2001 | 281.71 million SLC | -13.2% |
| 2002 | 262.61 million SLC | -6.8% |
| 2003 | 337.87 million SLC | +28.7% |
| 2004 | 370.41 million SLC | +9.6% |
| 2005 | 349.56 million SLC | -5.6% |
| 2006 | 387.2 million SLC | +10.8% |
| 2007 | 338.45 million SLC | -12.6% |
| 2008 | 313.67 million SLC | -7.3% |
| 2009 | 294.91 million SLC | -6.0% |
| 2010 | 321.66 million SLC | +9.1% |
| 2011 | 322.59 million SLC | +0.3% |
| 2012 | 359.76 million SLC | +11.5% |
| 2013 | 315.78 million SLC | -12.2% |
| 2014 | 335.63 million SLC | +6.3% |
| 2015 | 293.89 million SLC | -12.4% |
| 2016 | 307.43 million SLC | +4.6% |
| 2017 | 258.95 million SLC | -15.8% |
| 2018 | 219.94 million SLC | -15.1% |
| 2019 | 226.17 million SLC | +2.8% |
| 2020 | 177.07 million SLC | -21.7% |
| 2021 | 59.58 million SLC | -66.4% |
| 2022 | 49.71 million SLC | -16.6% |
| 2023 | 52.1 million SLC | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 112.2 million SLC | 87.98 million SLC | 145.5 million SLC | 10 |
| 1980s | 176.71 million SLC | 140.74 million SLC | 223.69 million SLC | 10 |
| 1990s | 218.19 million SLC | 175.83 million SLC | 300.59 million SLC | 10 |
| 2000s | 326.08 million SLC | 262.61 million SLC | 387.2 million SLC | 10 |
| 2010s | 296.18 million SLC | 219.94 million SLC | 359.76 million SLC | 10 |
| 2020s | 84.61 million SLC | 49.71 million SLC | 177.07 million SLC | 4 |
Countries ranked near Bahamas
- 177 Saint Vincent and the Grenadines 92.49 million SLC compare
- 178 Samoa 84.54 million SLC compare
- 179 Sint Maarten (Dutch part) 54.62 million SLC compare
- 181 Dominica 45.59 million SLC compare
- 182 Cayman Islands 41.25 million SLC compare
- 183 Tonga 40.35 million SLC 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 (constant LCU), per capita 26,500 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 0.2887 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8733 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 34,455 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.97 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8733 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,455 current LCU per person (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Bahamas?
- Value added (total manufacturing) — value standard local currency in Bahamas was 52.1 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Bahamas?
- The highest recorded value was 387.2 million SLC in 2006.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Bahamas?
- The lowest recorded value was 49.71 million SLC in 2022.
- How does Bahamas rank for value added (total manufacturing) — value standard local currency?
- Bahamas ranks 180th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Bahamas?
- Over the last ten years it is down 83.5%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).