Agriculture, forestry, and fishing, value added in Bahamas
Bahamas: Agriculture, forestry, and fishing, value added was 0.5% in 2024. ◆ Volatile
Agriculture, forestry, and fishing, value added in Bahamas, 1984–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Bahamas recorded 0.5% for agriculture, forestry, and fishing, value added in 2024.
That represents a change of up 13.3% on the previous year and down 38.6% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Bahamas peaked at 2.8% in 1995 and was at its lowest, 0.4%, in 2022.
That places Bahamas 190th out of 206 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing, value added in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 2.0% | — |
| 1985 | 1.9% | -6.8% |
| 1986 | 1.8% | -4.9% |
| 1987 | 1.8% | +0.9% |
| 1989 | 2.0% | +10.1% |
| 1990 | 2.2% | +9.7% |
| 1991 | 2.8% | +28.3% |
| 1992 | 2.7% | -6.0% |
| 1993 | 2.5% | -7.6% |
| 1994 | 2.7% | +8.7% |
| 1995 | 2.8% | +5.9% |
| 1996 | 2.6% | -6.6% |
| 1997 | 1.6% | -41.0% |
| 1998 | 1.4% | -11.7% |
| 1999 | 1.3% | -8.0% |
| 2000 | 1.3% | +6.1% |
| 2001 | 1.2% | -10.9% |
| 2002 | 1.5% | +26.3% |
| 2003 | 1.3% | -11.0% |
| 2004 | 1.2% | -13.8% |
| 2005 | 1.1% | -8.4% |
| 2006 | 1.2% | +10.0% |
| 2007 | 1.1% | -6.6% |
| 2008 | 1.0% | -4.6% |
| 2009 | 0.9% | -12.8% |
| 2010 | 1.1% | +20.7% |
| 2011 | 1.1% | -0.5% |
| 2012 | 1.1% | -1.8% |
| 2013 | 0.9% | -13.5% |
| 2014 | 0.8% | -9.6% |
| 2015 | 0.8% | -2.8% |
| 2016 | 0.9% | +7.6% |
| 2017 | 0.8% | -12.2% |
| 2018 | 0.7% | -12.1% |
| 2019 | 0.5% | -21.0% |
| 2020 | 0.8% | +45.1% |
| 2021 | 0.5% | -41.4% |
| 2022 | 0.4% | -8.8% |
| 2023 | 0.5% | +9.6% |
| 2024 | 0.5% | +13.3% |
Bahamas compared with similar countries
- Bahamas's 0.5% is below the median for high income countries, which is 1.5%, 34% of the median. (74 countries reporting)
- Bahamas's 0.5% is below the median for Latin America & Caribbean, which is 4.1%, 12% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.9% | 1.8% | 2.0% | 5 |
| 1990s | 2.3% | 1.3% | 2.8% | 10 |
| 2000s | 1.2% | 0.9% | 1.5% | 10 |
| 2010s | 0.9% | 0.5% | 1.1% | 10 |
| 2020s | 0.5% | 0.4% | 0.8% | 5 |
Countries ranked near Bahamas
- 187 United Kingdom of Great Britain and Northern Ireland 0.6% compare
- 188 Channel Islands 0.6% compare
- 189 Kuwait 0.5% compare
- 191 Andorra 0.5% compare
- 192 Malta 0.5% compare
- 193 Cayman Islands 0.5% compare
More agriculture & rural data for Bahamas
- Agriculture, forestry, and fishing, value added (current US$), annual 17.44 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0051 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 203.1 current US$ per person (2024)
- Rural population, annual growth rate 0.4043 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2024)
- Rural population, per capita 0.1867 units per person (2025)
- Share of GDP from agriculture 0.5% (2024)
- Agriculture as a share of GDP vs. GDP per capita 0.5% (2024)
- Agricultural raw materials exports 0.6% (2024)
- Agricultural raw materials imports 1.9% (2024)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Bahamas?
- Agriculture, forestry, and fishing, value added in Bahamas was 0.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Bahamas?
- The highest recorded value was 2.8% in 1995.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Bahamas?
- The lowest recorded value was 0.4% in 2022.
- How does Bahamas rank for agriculture, forestry, and fishing, value added?
- Bahamas ranks 190th out of 206 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added rising or falling in Bahamas?
- Over the last ten years it is down 38.6%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Note: For VAB countries, gross value added at factor cost is used as the denominator.