Bahamas: Manufacturing value added

The latest value from 2024 is 0.1 billion U.S. dollars, a decline from 0.13 billion U.S. dollars in 2023. In comparison, the world average is 113.41 billion U.S. dollars, based on data from 126 countries. Historically, the average for the Bahamas from 1989 to 2024 is 0.21 billion U.S. dollars. The minimum value, 0.1 billion U.S. dollars, was reached in 2024 while the maximum of 0.37 billion U.S. dollars was recorded in 2016. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.