Value Added (Total Manufacturing) — Value Standard Local Currency in Bahamas
Bahamas: Value Added (Total Manufacturing) — Value Standard Local Currency was 2.51 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Bahamas, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Bahamas stood at 2.51 % change on previous year.
That represents a change of up 108.4% on the previous year and up 118.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Bahamas peaked at 54.03 % change on previous year in 1999 and was at its lowest, -29.87 % change on previous year, in 2022.
That places Bahamas 162nd out of 231 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.43 % change on previous year | — |
| 1972 | 7.55 % change on previous year | +120.0% |
| 1973 | 14.44 % change on previous year | +91.3% |
| 1974 | 21.18 % change on previous year | +46.6% |
| 1975 | -6.64 % change on previous year | -131.4% |
| 1976 | 10.16 % change on previous year | -252.9% |
| 1977 | 6.36 % change on previous year | -37.4% |
| 1978 | 16.72 % change on previous year | +163.0% |
| 1979 | 20.82 % change on previous year | +24.5% |
| 1980 | 20.18 % change on previous year | -3.0% |
| 1981 | 3.74 % change on previous year | -81.5% |
| 1982 | 13.69 % change on previous year | +266.1% |
| 1983 | 11.15 % change on previous year | -18.6% |
| 1984 | 3.28 % change on previous year | -70.6% |
| 1985 | 9.28 % change on previous year | +182.6% |
| 1986 | 8.95 % change on previous year | -3.6% |
| 1987 | 13.28 % change on previous year | +48.4% |
| 1988 | -3.13 % change on previous year | -123.6% |
| 1989 | 12.39 % change on previous year | -496.1% |
| 1990 | -8.37 % change on previous year | -167.6% |
| 1991 | 24.09 % change on previous year | -387.7% |
| 1992 | -9.3 % change on previous year | -138.6% |
| 1993 | -2.73 % change on previous year | -70.7% |
| 1994 | 1.67 % change on previous year | -161.1% |
| 1995 | -9.63 % change on previous year | -676.7% |
| 1996 | 46.11 % change on previous year | -579.0% |
| 1997 | -8.02 % change on previous year | -117.4% |
| 1998 | -8.21 % change on previous year | +2.4% |
| 1999 | 54.03 % change on previous year | -758.1% |
| 2000 | 10.99 % change on previous year | -79.7% |
| 2001 | -21.1 % change on previous year | -291.9% |
| 2002 | 21.9 % change on previous year | -203.8% |
| 2003 | -4.59 % change on previous year | -121.0% |
| 2004 | 13.69 % change on previous year | -398.2% |
| 2005 | -3.33 % change on previous year | -124.3% |
| 2006 | 9.01 % change on previous year | -370.7% |
| 2007 | -4.95 % change on previous year | -155.0% |
| 2008 | -9.36 % change on previous year | +88.9% |
| 2009 | -5.43 % change on previous year | -41.9% |
| 2010 | 2.82 % change on previous year | -152.0% |
| 2011 | 2.75 % change on previous year | -2.7% |
| 2012 | 43.08 % change on previous year | +1468.6% |
| 2013 | -13.57 % change on previous year | -131.5% |
| 2014 | 8.15 % change on previous year | -160.1% |
| 2015 | -0.4347 % change on previous year | -105.3% |
| 2016 | 24.41 % change on previous year | -5716.4% |
| 2017 | -11.32 % change on previous year | -146.4% |
| 2018 | -14.07 % change on previous year | +24.3% |
| 2019 | -0.4838 % change on previous year | -96.6% |
| 2020 | -26.16 % change on previous year | +5306.2% |
| 2021 | -1.83 % change on previous year | -93.0% |
| 2022 | -29.87 % change on previous year | +1529.8% |
| 2023 | 2.51 % change on previous year | -108.4% |
Bahamas compared with similar countries
- Bahamas's 2.51 % change on previous year is below the median for high income countries, which is 4.06 % change on previous year, 62% of the median. (73 countries reporting)
- Bahamas's 2.51 % change on previous year is below the median for Latin America & Caribbean, which is 5.11 % change on previous year, 49% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +5716.4% | -0.4347 % change on previous year | 24.41 % change on previous year |
| 2020 | -5306.2% | -0.4838 % change on previous year | -26.16 % change on previous year |
| 2022 | -1529.8% | -1.83 % change on previous year | -29.87 % change on previous year |
| 2012 | +1468.6% | 2.75 % change on previous year | 43.08 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.45 % change on previous year | -6.64 % change on previous year | 21.18 % change on previous year | 9 |
| 1980s | 9.28 % change on previous year | -3.13 % change on previous year | 20.18 % change on previous year | 10 |
| 1990s | 7.96 % change on previous year | -9.63 % change on previous year | 54.03 % change on previous year | 10 |
| 2000s | 0.6842 % change on previous year | -21.1 % change on previous year | 21.9 % change on previous year | 10 |
| 2010s | 4.13 % change on previous year | -14.07 % change on previous year | 43.08 % change on previous year | 10 |
| 2020s | -13.84 % change on previous year | -29.87 % change on previous year | 2.51 % change on previous year | 4 |
Countries ranked near Bahamas
- 159 Canada 2.57 % change on previous year compare
- 160 Cambodia 2.56 % change on previous year compare
- 161 Ethiopia PDR 2.54 % change on previous year compare
- 163 New Caledonia 2.44 % change on previous year compare
- 164 Netherlands Antilles (former) 2.36 % change on previous year compare
- 165 Central African Republic 2.08 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (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 2.51 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Bahamas?
- The highest recorded value was 54.03 % change on previous year in 1999.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Bahamas?
- The lowest recorded value was -29.87 % change on previous year in 2022.
- How does Bahamas rank for value added (total manufacturing) — value standard local currency?
- Bahamas ranks 162nd out of 231 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 up 118.5%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.