IvanStat

Mining, Manufacturing, Utilities in Bahamas

Industry of Bahamas, 1970-2015

During 1970-2015 industry of Bahamas in current prices increased by 0.53 billion US dollars (in 15.1 times) to 0.57 billion US dollars; change occurred by 0.048 billion US dollars by increasing of people by 0.22 million, as well as by 0.48 billion US dollars by increasing of industry per capita by 1 241.0 US dollars. The average annual growth of industry of Bahamas was 0.012 billion US dollars or 6.2%. The average annual growth of industry of Bahamas in constant prices was 2.1%. Share in the world dropped by 0.0002%. Share in Americas grew by 0.0031%. Minimal industry was in 1970 (0.038 billion US dollars). Maximal industry was in 2012 (0.67 billion US dollars).

During 1970-2015 industry per capita in Bahamas grew by 1 241.0 US dollars (in 6.6 times) to 1 462.7 US dollars. The average annual growth of industry per capita in current prices was 27.6 US dollars or 4.3%.

Change of industry of Bahamas described by linear regression model: y=0.016x-30.9, where y - estimated value of industry of Bahamas, x - year. Correlation rate = 0.972. Determination rate = 0.946.

Industry of Bahamas, 1970

Industry of Bahamas in 1970 was 0.038 billion US dollars, ranked 129th in the world and was on par with industry of Chad (0.038 bln. US dollars), industry of Guinea-Bissau (0.037 bln. US dollars), industry of Swaziland (0.035 bln. US dollars). Share of Bahamas in the world industry was 0.0037%.

Industry per capita in Bahamas in 1970 was equal to 221.7 US dollars, ranked 56th in the world and was on par with industry per capita in Yugoslavia (226.3 US dollars), industry per capita in Andorra (226.2 US dollars), industry per capita in Guyana (219.1 US dollars), industry per capita in Jamaica (213.1 US dollars), industry per capita in Oman (211.1 US dollars), industry per capita in Angola (210.6 US dollars). Industry per capita in Bahamas was less than industry per capita in the World (274.2 US dollars) by 52.5 US dollars.

Comparison of industry in Bahamas and the neighbors in 1970. Industry of Bahamas was greater than industry of Turks and Caicos Islands (0.0 billion US dollars), but was less than industry of the United States (290.1 billion US dollars), industry of Cuba (0.5 billion US dollars). Industry per capita in Bahamas was greater than industry per capita in Turks and Caicos Islands (164.2 US dollars), industry per capita in Cuba (62.1 US dollars), but was less than industry per capita in the United States (1 384.6 US dollars).

Comparison of industry in Bahamas and leaders in 1970. Industry of Bahamas was less than industry of the United States (290.1 billion US dollars) in 7 726.1 times, industry of Germany (77.5 billion US dollars) in 2 063.1 times, industry of Japan (75.0 billion US dollars) in 1 996.8 times, industry of China (34.0 billion US dollars) in 904.9 times, industry of South Korea (1.8 billion US dollars) in 47.7 times. Industry per capita in Bahamas was greater than industry per capita in South Korea (56.9 US dollars) in 3.9 times, industry per capita in China (42.1 US dollars) in 5.3 times, but was less than industry per capita in the United States (1 384.6 US dollars) in 6.2 times, industry per capita in Germany (988.4 US dollars) in 4.5 times, industry per capita in Japan (723.0 US dollars) in 3.3 times.

Potential industry of Bahamas in 1970. With industry per capita at the level of the United States (1 384.6 US dollars), industry of Bahamas would be 0.23 billion US dollars, it is in 6.2 times more than the actual level. With industry per capita at the level of Americas (707.7 US dollars), industry of Bahamas would be 0.12 billion US dollars, it is in 3.2 times more than the actual level. With industry per capita at the level of the World (274.2 US dollars), industry of Bahamas would be 0.046 billion US dollars, it is by 23.7% more than the actual level.

Industry of Bahamas, 2015

Industry of Bahamas in 2015 was equal to 0.57 billion US dollars, ranked 158th in the world and was on par with industry of Rwanda (0.56 bln. US dollars), industry of Fiji (0.55 bln. US dollars). Share of Bahamas in the world industry was 0.0035%.

Industry per capita in Bahamas in 2015 was worth 1 462.7 US dollars, ranked 83rd in the world and was on par with industry per capita in Iran (1 527.1 US dollars), industry per capita in Turks and Caicos Islands (1 517.5 US dollars), industry per capita in Belarus (1 514.1 US dollars), industry per capita in Botswana (1 504.2 US dollars), industry per capita in Mauritius (1 461.7 US dollars), industry per capita in Peru (1 451.7 US dollars), industry per capita in Sint Maarten (1 423.3 US dollars), industry per capita in Suriname (1 415.1 US dollars). Industry per capita in Bahamas was less than industry per capita in the World (2 181.5 US dollars) by 718.8 US dollars.

Comparison of industry in Bahamas and the neighbors in 2015. Industry of Bahamas was greater than industry of Turks and Caicos Islands (0.1 billion US dollars), but was less than industry of the United States (2 827.5 billion US dollars), industry of Cuba (14.2 billion US dollars). Industry per capita in Bahamas was greater than industry per capita in Cuba (1 244.2 US dollars), but was less than industry per capita in the United States (8 787.3 US dollars), industry per capita in Turks and Caicos Islands (1 517.5 US dollars).

Comparison of industry in Bahamas and leaders in 2015. Industry of Bahamas was less than industry of China (3 776.5 billion US dollars) in 6 654.1 times, industry of the United States (2 827.5 billion US dollars) in 4 981.9 times, industry of Japan (891.9 billion US dollars) in 1 571.5 times, industry of Germany (784.6 billion US dollars) in 1 382.5 times, industry of South Korea (411.7 billion US dollars) in 725.4 times. Industry per capita in Bahamas was less than industry per capita in Germany (9 724.0 US dollars) in 6.6 times, industry per capita in the United States (8 787.3 US dollars) in 6.0 times, industry per capita in South Korea (8 186.2 US dollars) in 5.6 times, industry per capita in Japan (7 046.6 US dollars) in 4.8 times, industry per capita in China (2 744.5 US dollars) by 87.6%.

Potential industry of Bahamas in 2015. With industry per capita at the level of Germany (9 724.0 US dollars), industry of Bahamas would be 3.8 billion US dollars, it is in 6.6 times more than the actual level. With industry per capita at the level of the United States (8 787.3 US dollars), as the best neighbor, industry of Bahamas would be 3.4 billion US dollars, it is in 6.0 times more than the actual level. With industry per capita at the level of Americas (4 310.8 US dollars), industry of Bahamas would be 1.7 billion US dollars, it is in 2.9 times more than the actual level. With industry per capita at the level of Caribbean (2 260.3 US dollars), industry of Bahamas would be 0.88 billion US dollars, it is by 54.5% more than the actual level. With industry per capita at the level of the World (2 181.5 US dollars), industry of Bahamas would be 0.85 billion US dollars, it is by 49.1% more than the actual level.

Size of industry in Bahamas

Mining, Manufacturing, Utilities in Bahamas, bln. US dollars
Prices197019801990200020102015
current prices0.0380.100.240.560.550.57
constant prices19700.0380.0490.0660.0890.100.094
20050.210.280.370.500.580.53
Picture. Bahamas: industry

industry in Bahamas and its neighbors, bln. $
Country197019801990200020102015
United States290.1750.11 293.91 872.22 474.82 827.5
Cuba0.541.92.55.411.114.2
Bahamas0.0380.100.240.560.550.57
Turks and Caicos Islands0.00090.00300.01000.0250.0420.052

industry in Bahamas and leaders, bln. $
Country197019801990200020102015
China34.0134.5144.4486.32 439.03 776.5
United States290.1750.11 293.91 872.22 474.82 827.5
Japan75.0326.0870.81 164.41 247.6891.9
Germany77.5291.8509.0453.7795.2784.6
South Korea1.816.176.0161.8328.4411.7
Bahamas0.0380.100.240.560.550.57
Picture. Bahamas: share of industry in economy

Growth of industry in Bahamas

Picture. Bahamas: industry, growth Picture. Bahamas: industry, growth

industry per capita in Bahamas

Picture. Bahamas: industry per capita Picture. Bahamas: industry per capita

industry per capita in Bahamas and its neighbors, $
Country197019801990200020102015
United States1 384.63 267.15 117.26 617.97 986.38 787.3
Turks and Caicos Islands164.2404.4865.71 309.81 358.41 517.5
Bahamas221.7494.7947.41 888.71 523.81 462.7
Cuba62.1192.4240.7485.8980.21 244.2

industry per capita in Bahamas and leaders, $
Country197019801990200020102015
Germany988.43 733.76 446.35 540.59 886.89 724.0
United States1 384.63 267.15 117.26 617.97 986.38 787.3
South Korea56.9429.11 768.73 501.56 689.08 186.2
Japan723.02 812.77 123.49 262.59 798.77 046.6
China42.1137.4124.9383.11 818.92 744.5
Bahamas221.7494.7947.41 888.71 523.81 462.7

Structure of industry in Bahamas

Picture. Bahamas: structure of industry by sectors, 2015, %