Industry value added — all countries

Industry value added — Bahamas

Industry value added in the Bahamas in 2024 — 1,524,000,000 US$. Ranked 148 in the world out of 188. Since 1989, the indicator has risen by 223.9%.

2024 1.52B US$ +2.07% vs 2023
World rank 148of 188
Period maximum 1.72B US$2019
Period minimum 405M US$1993

Trend over time

1989–2024 · US$

Industry value added — Bahamas, 1989–20240500M1B1.5B2B19891993199720012005200920132017202120241989: 470,507,000 US$1990: 449,708,000 US$1991: 488,428,000 US$1992: 479,323,000 US$1993: 404,739,000 US$1994: 475,257,000 US$1995: 471,998,000 US$1996: 506,618,000 US$1997: 804,800,000 US$1998: 866,300,000 US$1999: 891,800,000 US$2000: 981,200,000 US$2001: 793,200,000 US$2002: 942,900,000 US$2003: 964,200,000 US$2004: 936,600,000 US$2005: 1,063,200,000 US$2006: 1,193,000,000 US$2007: 983,200,000 US$2008: 1,093,600,000 US$2009: 999,200,000 US$2010: 1,161,000,000 US$2011: 1,213,000,000 US$2012: 1,397,300,000 US$2013: 1,355,500,000 US$2014: 1,468,600,000 US$2015: 1,320,300,000 US$2016: 1,566,400,000 US$2017: 1,608,800,000 US$2018: 1,571,900,000 US$2019: 1,724,600,000 US$2020: 1,255,700,000 US$2021: 1,426,400,000 US$2022: 1,320,800,000 US$2023: 1,493,100,000 US$2024: 1,524,000,000 US$
Change over the period: +1.05B (+223.91%) Average annual rate: 3.41 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Bahamas

Bahamas 1.52B US$
World 28.4T US$
High-income countries computed 9.88T US$
Industry value added — Bahamas, by year Bahamas All countries CSV XLSX
Year US$ Change Change, %
2024 1.52B +30.9M +2.07%
2023 1.49B +172M +13.05%
2022 1.32B −106M −7.4%
2021 1.43B +171M +13.59%
2020 1.26B −469M −27.19%
2019 1.72B +153M +9.71%
2018 1.57B −36.9M −2.29%
2017 1.61B +42.4M +2.71%
2016 1.57B +246M +18.64%
2015 1.32B −148M −10.1%
2014 1.47B +113M +8.34%
2013 1.36B −41.8M −2.99%
2012 1.4B +184M +15.19%
2011 1.21B +52M +4.48%
2010 1.16B +162M +16.19%
2009 999M −94.4M −8.63%
2008 1.09B +110M +11.23%
2007 983M −210M −17.59%
2006 1.19B +130M +12.21%
2005 1.06B +127M +13.52%
2004 937M −27.6M −2.86%
2003 964M +21.3M +2.26%
2002 943M +150M +18.87%
2001 793M −188M −19.16%
2000 981M +89.4M +10.02%
1999 892M +25.5M +2.94%
1998 866M +61.5M +7.64%
1997 805M +298M +58.86%
1996 507M +34.62M +7.33%
1995 472M −3.26M −0.69%
1994 475M +70.52M +17.42%
1993 405M −74.58M −15.56%
1992 479M −9.11M −1.86%
1991 488M +38.72M +8.61%
1990 450M −20.8M −4.42%
1989 471M

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.