Bahamas, The: Agriculture, forestry, and fishing, value added per worker (constant 2015 US$)

Key figures

What the numbers say

In 2024, Bahamas, The's agriculture, forestry, and fishing, value added per worker (constant 2015 US$) rose US$9,391 on 2023 (from US$37,510 to US$46,901).

Across the 30 yearly changes before that (1994 to 2023), the average change was +US$573.02 and a typical year strayed about US$5,654 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$10,002 in 2023 and the biggest yearly fall was US$14,614 in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 21% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Bahamas, The had the 4th highest value of the 17 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Bahamas, The in the 2024 ranking

• Israel — 1st of 17: US$118,493
• New Zealand — 2nd of 17: US$55,088
• Barbados — 3rd of 17: US$50,018
• United Arab Emirates — 5th of 17: US$37,801
• Japan — 6th of 17: US$20,324
• Suriname — 7th of 17: US$16,083

What this measures

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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: For comparability of individual sectors labor productivity is estimated according to national accounts conventions. However, there are still significant limitations on the availability of reliable data. Information on consistent series of output is not easily available, especially in low- and middle-income countries, because the definition, coverage, and methodology are not always consistent across countries. For more details, see Agriculture, forestry, and fishing, value added (constant 2015 US$) [NV.AGR.TOTL.KD], Industry (including construction), value added (constant 2015 US$) [NV.IND.TOTL.KD], and Services, value added (constant 2015 US$) [NV.SRV.TOTL.KD].

Regional and income-group figures are computed by the World Bank as a weighted average.

All 34 values

Agriculture, forestry, and fishing, value added per worker (constant 2015 US$) in nearby economies

• Argentina — US$20,489 (2025)
• Barbados — US$50,018 (2024)
• Belize — US$9,344 (2025)
• Bolivia — US$2,732 (2024)
• Brazil — US$14,204 (2025)
• Chile — US$20,488 (2025)
• Colombia — US$6,622 (2025)
• Costa Rica — US$11,286 (2025)

More economic policy & debt data for Bahamas, The

• GDP (current US$) — US$15.83 billion (2024)
• GDP (current LCU) — 15.83 billion (2024)
• GDP (constant 2015 US$) — US$13.63 billion (2024)
• GDP (constant LCU) — 14.11 billion (2024)
• GDP per capita (current US$) — US$39,455 (2024)
• GDP per capita (current LCU) — 39,455 (2024)
• GDP per capita (constant 2015 US$) — US$33,968 (2024)
• GDP per capita (constant LCU) — 35,159 (2024)
• GNI (current US$) — US$15.2 billion (2024)
• GNI (current LCU) — 15.2 billion (2024)
• GNI per capita (current LCU)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Bahamas, The's agriculture, forestry, and fishing, value added per worker (constant 2015 US$)?

US$46,901 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1991?

It is up 102.5% from US$23,161 in 1991 (2.16% a year on average, compounded). The highest value was US$46,901 in 2024 and the lowest US$17,931 in 2011.

How does Bahamas, The rank?

4th highest of 17 economies with data for 2024.

Is the latest change in agriculture, forestry, and fishing, value added per worker (constant 2015 US$) unusual for Bahamas, The?

In 2024, Bahamas, The's agriculture, forestry, and fishing, value added per worker (constant 2015 US$) rose US$9,391 on 2023 (from US$37,510 to US$46,901). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$573.02 and a typical year strayed about US$5,654 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NV.AGR.EMPL.KD, licensed CC BY 4.0. Original source: World Development Indicators database, World Bank (WB); ILOSTAT database, International Labour Organization (ILO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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