Value Added (Total Manufacturing) — Value US$, 2015 prices in Bahamas
Bahamas: Value Added (Total Manufacturing) — Value US$, 2015 prices was 52.1 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Bahamas, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Bahamas recorded 52.1 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023.
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 us$, 2015 prices in Bahamas peaked at 387.2 million USD in 2006 and was at its lowest, 49.71 million USD, in 2022.
That places Bahamas 180th out of 200 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 112.2 million USD | 87.98 million USD | 145.5 million USD | 10 |
| 1980s | 176.71 million USD | 140.74 million USD | 223.69 million USD | 10 |
| 1990s | 218.19 million USD | 175.83 million USD | 300.59 million USD | 10 |
| 2000s | 326.08 million USD | 262.61 million USD | 387.2 million USD | 10 |
| 2010s | 296.18 million USD | 219.94 million USD | 359.76 million USD | 10 |
| 2020s | 84.61 million USD | 49.71 million USD | 177.07 million USD | 4 |
Countries ranked near Bahamas
- 177 Curaçao 72.72 million USD compare
- 178 Greenland 72.46 million USD compare
- 179 Saint Lucia 69.36 million USD compare
- 181 Grenada 49.59 million USD compare
- 182 Cayman Islands 49.5 million USD compare
- 183 Saint Kitts and Nevis 42.28 million USD compare
More economy & growth data for Bahamas
- External balance on goods and services as a percent of gdp -3.68 (2024)
- Inflation of consumer prices 0.4092 (2024)
- Gdp per capita worldbank constant usd 33,968 (2024)
- Manufacturing value added to gdp 0.6297 (2024)
- Gdp worldbank constant usd 13.63 billion (2024)
- Gdp per capita in international and market dollars 33,968 (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -29.90 million current US$ (2024)
- Taxes less subsidies on products 1.95 billion current LCU (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Bahamas?
- Value added (total manufacturing) — value us$, 2015 prices in Bahamas was 52.1 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Bahamas?
- The highest recorded value was 387.2 million USD in 2006.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Bahamas?
- The lowest recorded value was 49.71 million USD in 2022.
- How does Bahamas rank for value added (total manufacturing) — value us$, 2015 prices?
- Bahamas ranks 180th out of 200 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).