IvanStat

Construction in Bahamas

Construction of Bahamas, 1970-2015

During 1970-2015 construction of Bahamas in current prices rose by 0.52 billion US dollars (in 17.0 times) to 0.56 billion US dollars; change occurred by 0.042 billion US dollars by increasing of people by 0.22 million, as well as by 0.48 billion US dollars by increasing of construction per capita by 1 239.9 US dollars. The average annual growth of construction of Bahamas was 0.012 billion US dollars or 6.5%. The average annual growth of construction of Bahamas in constant prices was 2.4%. Share in the world declined by 0.0015%. Share in Americas dropped by 0.0002%. Minimal construction was in 1970 (0.033 billion US dollars). Maximal construction was in 2014 (0.92 billion US dollars).

During 1970-2015 construction per capita in Bahamas rose by 1 239.9 US dollars (in 7.4 times) to 1 433.1 US dollars. The average annual growth of construction per capita in current prices was 27.6 US dollars or 4.6%.

Change of construction of Bahamas described by linear regression model: y=0.017x-33.5, where y - estimated value of construction of Bahamas, x - year. Correlation rate = 0.921. Determination rate = 0.849.

Construction of Bahamas, 1970

Construction of Bahamas in 1970 was 0.033 billion US dollars, ranked 103rd in the world and was on par with construction of Jordan (0.032 bln. US dollars), construction of Uganda (0.031 bln. US dollars), construction of Namibia (0.031 bln. US dollars). Share of Bahamas in the world construction was 0.015%.

Construction per capita in Bahamas in 1970 was worth 193.2 US dollars, ranked 23rd in the world and was on par with construction per capita in Luxembourg (201.8 US dollars), construction per capita in France (200.5 US dollars), construction per capita in Finland (198.1 US dollars), construction per capita in Bahrain (194.9 US dollars), construction per capita in Aruba (194.1 US dollars), construction per capita in Norway (185.7 US dollars), construction per capita in Israel (184.9 US dollars), construction per capita in Belgium (181.4 US dollars). Construction per capita in Bahamas was greater than construction per capita in the World (58.4 US dollars) by 134.7 US dollars.

Comparison of construction in Bahamas and the neighbors in 1970. Construction of Bahamas was greater than construction of Turks and Caicos Islands (0.0 billion US dollars), but was less than construction of the United States (51.8 billion US dollars), construction of Cuba (0.4 billion US dollars). Construction per capita in Bahamas was greater than construction per capita in Turks and Caicos Islands (133.6 US dollars), construction per capita in Cuba (48.5 US dollars), but was less than construction per capita in the United States (247.5 US dollars).

Comparison of construction in Bahamas and leaders in 1970. Construction of Bahamas was less than construction of the United States (51.8 billion US dollars) in 1 584.6 times, construction of Japan (15.4 billion US dollars) in 469.8 times, construction of the United Kingdom (8.4 billion US dollars) in 256.2 times, construction of China (3.4 billion US dollars) in 104.9 times, construction of India (2.8 billion US dollars) in 86.2 times. Construction per capita in Bahamas was greater than construction per capita in the United Kingdom (150.7 US dollars) by 28.2%, construction per capita in Japan (148.2 US dollars) by 30.3%, construction per capita in India (5.1 US dollars) in 37.8 times, construction per capita in China (4.2 US dollars) in 45.5 times, but was less than construction per capita in the United States (247.5 US dollars) by 28.1%.

Potential construction of Bahamas in 1970. With construction per capita at the level of the United States (247.5 US dollars), construction of Bahamas would be 0.042 billion US dollars, it is by 28.1% more than the actual level.

Construction of Bahamas, 2015

Construction of Bahamas in 2015 was worth 0.56 billion US dollars, ranked 137th in the world and was on par with construction of Rwanda (0.59 bln. US dollars), construction of Mali (0.58 bln. US dollars), construction of Benin (0.58 bln. US dollars), construction of Senegal (0.56 bln. US dollars), construction of Burkina Faso (0.56 bln. US dollars), construction of Kyrgyzstan (0.55 bln. US dollars), construction of Monaco (0.54 bln. US dollars), construction of Congo (0.54 bln. US dollars). Share of Bahamas in the world construction was 0.014%.

Construction per capita in Bahamas in 2015 was worth 1 433.1 US dollars, ranked 41st in the world and was on par with construction per capita in Uruguay (1 483.5 US dollars), construction per capita in Ireland (1 425.2 US dollars), construction per capita in Saudi Arabia (1 393.3 US dollars), construction per capita in Maldives (1 355.5 US dollars), construction per capita in Aruba (1 335.6 US dollars). Construction per capita in Bahamas was greater than construction per capita in the World (550.1 US dollars) by 883.0 US dollars.

Comparison of construction in Bahamas and the neighbors in 2015. Construction of Bahamas was greater than construction of Turks and Caicos Islands (0.0 billion US dollars), but was less than construction of the United States (732.1 billion US dollars), construction of Cuba (4.7 billion US dollars). Construction per capita in Bahamas was greater than construction per capita in Turks and Caicos Islands (845.0 US dollars), construction per capita in Cuba (412.8 US dollars), but was less than construction per capita in the United States (2 275.2 US dollars).

Comparison of construction in Bahamas and leaders in 2015. Construction of Bahamas was less than construction of China (747.4 billion US dollars) in 1 344.1 times, construction of the United States (732.1 billion US dollars) in 1 316.5 times, construction of Japan (257.6 billion US dollars) in 463.3 times, construction of India (158.5 billion US dollars) in 285.0 times, construction of the United Kingdom (155.7 billion US dollars) in 280.1 times. Construction per capita in Bahamas was greater than construction per capita in China (543.2 US dollars) in 2.6 times, construction per capita in India (120.9 US dollars) in 11.9 times, but was less than construction per capita in the United Kingdom (2 406.5 US dollars) by 67.9%, construction per capita in the United States (2 275.2 US dollars) by 58.8%, construction per capita in Japan (2 035.5 US dollars) by 42%.

Potential construction of Bahamas in 2015. With construction per capita at the level of the United Kingdom (2 406.5 US dollars), construction of Bahamas would be 0.93 billion US dollars, it is by 67.9% more than the actual level. With construction per capita at the level of the United States (2 275.2 US dollars), as the best neighbor, construction of Bahamas would be 0.88 billion US dollars, it is by 58.8% more than the actual level.

Size of construction in Bahamas

Construction in Bahamas, bln. US dollars
Prices197019801990200020102015
current prices0.0330.0910.230.460.650.56
constant prices19700.0330.0430.0570.0870.110.094
20050.180.240.310.470.600.52
Picture. Bahamas: construction

construction in Bahamas and its neighbors, bln. $
Country197019801990200020102015
United States51.8130.8250.5462.3541.6732.1
Cuba0.421.52.41.83.24.7
Bahamas0.0330.0910.230.460.650.56
Turks and Caicos Islands0.00080.00250.00820.0230.0400.029

construction in Bahamas and leaders, bln. $
Country197019801990200020102015
China3.413.118.066.8402.6747.4
United States51.8130.8250.5462.3541.6732.1
Japan15.497.2297.2348.3309.4257.6
India2.88.417.727.9140.9158.5
United Kingdom8.436.171.887.0124.8155.7
Bahamas0.0330.0910.230.460.650.56
Picture. Bahamas: share of construction in economy

Growth of construction in Bahamas

Picture. Bahamas: construction, growth Picture. Bahamas: construction, growth

construction per capita in Bahamas

Picture. Bahamas: construction per capita Picture. Bahamas: construction per capita

construction per capita in Bahamas and its neighbors, $
Country197019801990200020102015
United States247.5569.7990.91 634.21 747.82 275.2
Bahamas193.2431.1915.81 535.11 794.31 433.1
Turks and Caicos Islands133.6329.0706.31 231.21 286.5845.0
Cuba48.5151.0229.1160.4284.0412.8

construction per capita in Bahamas and leaders, $
Country197019801990200020102015
United Kingdom150.7642.21 257.91 477.31 989.32 406.5
United States247.5569.7990.91 634.21 747.82 275.2
Japan148.2838.42 431.12 770.42 429.92 035.5
Bahamas193.2431.1915.81 535.11 794.31 433.1
China4.213.415.652.7300.3543.2
India5.112.120.426.5114.5120.9

© Ivan Kushnir

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