Services sector's value added to GDP per worker Bahamas| Statista

In 2023, the value added by the services industry to the gross domestic product in the Bahamas remained nearly unchanged at around 54,801.17 U.S. dollars per worker. However, 2023 marked the third consecutive increase of the value added.
Value added per worker is a widely used method to measure labor productivity. It is calculated by dividing value added of a sector by the number of employed in the sector. Value added means the value of the gross output of producers less the value of intermediate goods and services consumer in production.

Find more statistics on other topics about the Bahamas with key insights such as value added by the agriculture, forestry and fishing sector to the gross domestic product, share of value added by the services industry to gross domestic product, and share of value added by the manufacturing industry to the gross domestic product.

Value added by the services industry to the gross domestic product (GDP) per worker in the Bahamas from 2014 to 2023 (in U.S. dollars)

Characteristic	Value in U.S. dollars
2023	54,801.17
2022	54,789.14
2021	52,450.38
2020	48,655.02
2019	53,935.08
2018	54,391.99
2017	53,034.99
2016	54,863.46
2015	55,539.28
2014	55,532.33

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Release date

March 2025

More information

Region

Bahamas

Survey time period

2014 to 2023

Special properties

Values in constant U.S. dollars based on 2010 prices

Supplementary notes

Data represents the value added in wholesale and retail trade (including hotels and restaurants), transport, government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.

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