Manufacturing share of GDP — all countries

Manufacturing share of GDP — Bahamas

Manufacturing share of GDP in the Bahamas in 2024 — 0.6%. Ranked 175 in the world out of 178. Since 1989, the indicator has fallen by 3.7 pp.

2024 0.6% −0.2 pp vs 2023
World rank 175of 178
Period maximum 4.8%1991
Period minimum 0.6%2024

Trend over time

1989–2024 · % of GDP

Manufacturing share of GDP — Bahamas, 1989–2024024619891993199720012005200920132017202120241989: 4.3%1990: 3.8%1991: 4.8%1992: 4.4%1993: 4.3%1994: 4.1%1995: 3.5%1996: 4.3%1997: 2.3%1998: 2%1999: 2.7%2000: 2.9%2001: 2.2%2002: 2.5%2003: 2.4%2004: 2.7%2005: 2.4%2006: 2.5%2007: 2.3%2008: 2.1%2009: 2.1%2010: 2.1%2011: 2.2%2012: 2.9%2013: 2.6%2014: 2.7%2015: 2.5%2016: 3.1%2017: 2.6%2018: 2.2%2019: 2.1%2020: 1.9%2021: 1.9%2022: 1.1%2023: 0.9%2024: 0.6%
Change over the period: −3.7 pp Annual average: -0.1 pp

Comparison, 2024

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

Bahamas 0.6%
World 14.9%
High-income countries computed 14.1%
Manufacturing share of GDP — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2024 0.6 −0.2 pp
2023 0.9 −0.2 pp
2022 1.1 −0.8 pp
2021 1.9 −0 pp
2020 1.9 −0.2 pp
2019 2.1 −0.1 pp
2018 2.2 −0.4 pp
2017 2.6 −0.5 pp
2016 3.1 +0.6 pp
2015 2.5 −0.2 pp
2014 2.7 +0 pp
2013 2.6 −0.3 pp
2012 2.9 +0.8 pp
2011 2.2 +0.1 pp
2010 2.1 +0 pp
2009 2.1 −0 pp
2008 2.1 −0.2 pp
2007 2.3 −0.2 pp
2006 2.5 +0.1 pp
2005 2.4 −0.3 pp
2004 2.7 +0.3 pp
2003 2.4 −0.1 pp
2002 2.5 +0.3 pp
2001 2.2 −0.7 pp
2000 2.9 +0.2 pp
1999 2.7 +0.7 pp
1998 2 −0.4 pp
1997 2.3 −1.9 pp
1996 4.3 +0.7 pp
1995 3.5 −0.6 pp
1994 4.1 −0.2 pp
1993 4.3 −0.1 pp
1992 4.4 −0.4 pp
1991 4.8 +1 pp
1990 3.8 −0.5 pp
1989 4.3

About the indicator

The share of manufacturing value added in GDP. This is the cleanest indicator of an industrial base: unlike the share of industry as a whole it excludes mining and construction. A rising share usually accompanies industrialization, while its decline in advanced countries marks the shift to a service economy.

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