Bahamas, The's medium and high-tech exports (% manufactured exports) was 37.04% in 2024, the latest year in the World Bank's World Development Indicators. That is down 30.92 percentage points from 67.96% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 37.04% | 2024 |
| Five years earlier | 62.61% | 2019 |
| Ten years earlier | 67.96% | 2014 |
| Highest | 74.6% | 2004 |
| Lowest | 4.09% | 2022 |
| Average since 2015 | 43.31% | 2015–2024 |
| First recorded | 18.37% | 1990 |
What the numbers say
In 2024, Bahamas, The's medium and high-tech exports (% manufactured exports) rose 5.11 percentage points on 2023 (from 31.93% to 37.04%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.45 percentage points and a typical year strayed about 11.96 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 28.89 percentage points in 1998 and the biggest yearly fall was 28.71 percentage points in 2022. 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 the straight-line trend is downward, about 4.63 percentage points a year. A straight line explains 57% of the movement over 10 observed years.
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 64th highest value of the 152 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
- Hong Kong SAR, China — 60th of 152: 38.75%
- Argentina — 61st of 152: 38.03%
- Qatar — 62nd of 152: 37.31%
- Colombia — 64th of 152: 36.58%
- Belarus — 65th of 152: 36.22%
- Iran, Islamic Rep. — 66th of 152: 35.92%
What this measures
Share of medium and high-tech manufactured exports in total manufactured exports.
Limitations: Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017).
All 35 values
| Year | Medium and high-tech exports (% manufactured exports) |
|---|---|
| 2024 | 37.04 |
| 2023 | 31.93 |
| 2022 | 4.09 |
| 2021 | 32.81 |
| 2020 | 36.35 |
| 2019 | 62.61 |
| 2018 | 48.82 |
| 2017 | 57.94 |
| 2016 | 58.27 |
| 2015 | 63.23 |
| 2014 |
Medium and high-tech exports (% manufactured exports) in nearby economies
More infrastructure data for Bahamas, The
- Fixed telephone subscriptions — 93,084 (2024)
- Fixed telephone subscriptions (per 100 people) — 23.2 (2024)
- Mobile cellular subscriptions — 387,960 (2024)
- Mobile cellular subscriptions (per 100 people) — 96.68 (2024)
- Air transport, registered carrier departures worldwide — 41,831 (2023)
- Air transport, passengers carried — 1.47 million (2023)
- Air transport, freight (million ton-km) — 18.57 (2023)
- Individuals using the Internet (% of population) — 92.47% (2024)
- Scientific and technical journal articles — 14.98 (2023)
Reading data like this
Questions people ask
- What is Bahamas, The's medium and high-tech exports (% manufactured exports)?
- 37.04% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 18.67 percentage points from 18.37% in 1990. The highest value was 74.6% in 2004 and the lowest 4.09% in 2022.
- How does Bahamas, The rank?
- 64th highest of 152 economies with data for 2024.
- Is the latest change in medium and high-tech exports (% manufactured exports) unusual for Bahamas, The?
- In 2024, Bahamas, The's medium and high-tech exports (% manufactured exports) rose 5.11 percentage points on 2023 (from 31.93% to 37.04%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.45 percentage points and a typical year strayed about 11.96 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.MNF.TECH.ZS.UN, licensed CC BY 4.0. Original source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO) 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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