Value Added (Total Manufacturing) — Value US$ in Bahamas
Bahamas: Value Added (Total Manufacturing) — Value US$ was 144.5 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Bahamas, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Bahamas recorded 144.5 million USD for value added (total manufacturing) — value us$ in 2023.
That represents a change of up 2.5% on the previous year and down 47.1% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Bahamas peaked at 365.64 million USD in 2016 and was at its lowest, 21.1 million USD, in 1970.
That places Bahamas 196th out of 236 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Bahamas, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 21.1 million USD | — |
| 1971 | 21.83 million USD | +3.4% |
| 1972 | 23.48 million USD | +7.5% |
| 1973 | 26.87 million USD | +14.4% |
| 1974 | 32.55 million USD | +21.2% |
| 1975 | 30.39 million USD | -6.6% |
| 1976 | 33.48 million USD | +10.2% |
| 1977 | 35.61 million USD | +6.4% |
| 1978 | 41.56 million USD | +16.7% |
| 1979 | 50.21 million USD | +20.8% |
| 1980 | 60.35 million USD | +20.2% |
| 1981 | 62.61 million USD | +3.7% |
| 1982 | 71.18 million USD | +13.7% |
| 1983 | 79.11 million USD | +11.1% |
| 1984 | 81.71 million USD | +3.3% |
| 1985 | 89.29 million USD | +9.3% |
| 1986 | 97.28 million USD | +8.9% |
| 1987 | 110.19 million USD | +13.3% |
| 1988 | 106.75 million USD | -3.1% |
| 1989 | 119.98 million USD | +12.4% |
| 1990 | 109.93 million USD | -8.4% |
| 1991 | 136.41 million USD | +24.1% |
| 1992 | 123.72 million USD | -9.3% |
| 1993 | 120.34 million USD | -2.7% |
| 1994 | 122.35 million USD | +1.7% |
| 1995 | 110.57 million USD | -9.6% |
| 1996 | 161.56 million USD | +46.1% |
| 1997 | 148.6 million USD | -8.0% |
| 1998 | 136.4 million USD | -8.2% |
| 1999 | 210.1 million USD | +54.0% |
| 2000 | 233.2 million USD | +11.0% |
| 2001 | 184 million USD | -21.1% |
| 2002 | 224.3 million USD | +21.9% |
| 2003 | 214 million USD | -4.6% |
| 2004 | 243.3 million USD | +13.7% |
| 2005 | 235.2 million USD | -3.3% |
| 2006 | 256.4 million USD | +9.0% |
| 2007 | 243.7 million USD | -5.0% |
| 2008 | 220.9 million USD | -9.4% |
| 2009 | 208.9 million USD | -5.4% |
| 2010 | 214.8 million USD | +2.8% |
| 2011 | 220.7 million USD | +2.7% |
| 2012 | 315.79 million USD | +43.1% |
| 2013 | 272.92 million USD | -13.6% |
| 2014 | 295.18 million USD | +8.2% |
| 2015 | 293.89 million USD | -0.4% |
| 2016 | 365.64 million USD | +24.4% |
| 2017 | 324.25 million USD | -11.3% |
| 2018 | 278.62 million USD | -14.1% |
| 2019 | 277.28 million USD | -0.5% |
| 2020 | 204.75 million USD | -26.2% |
| 2021 | 201 million USD | -1.8% |
| 2022 | 140.97 million USD | -29.9% |
| 2023 | 144.5 million USD | +2.5% |
Bahamas compared with similar countries
- Bahamas's 144.5 million USD is below the median for high income countries, which is 11,780 million USD, 1% of the median. (73 countries reporting)
- Bahamas's 144.5 million USD is below the median for Latin America & Caribbean, which is 3,043 million USD, 5% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.71 million USD | 21.1 million USD | 50.21 million USD | 10 |
| 1980s | 87.84 million USD | 60.35 million USD | 119.98 million USD | 10 |
| 1990s | 138 million USD | 109.93 million USD | 210.1 million USD | 10 |
| 2000s | 226.39 million USD | 184 million USD | 256.4 million USD | 10 |
| 2010s | 285.91 million USD | 214.8 million USD | 365.64 million USD | 10 |
| 2020s | 172.81 million USD | 140.97 million USD | 204.75 million USD | 4 |
Countries ranked near Bahamas
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$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Bahamas?
- Value added (total manufacturing) — value us$ in Bahamas was 144.5 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Bahamas?
- The highest recorded value was 365.64 million USD in 2016.
- What is the lowest value added (total manufacturing) — value us$ recorded in Bahamas?
- The lowest recorded value was 21.1 million USD in 1970.
- How does Bahamas rank for value added (total manufacturing) — value us$?
- Bahamas ranks 196th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Bahamas?
- Over the last ten years it is down 47.1%. The long-run trend across the full record is volatile.
- 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$. 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).