Bermuda vs Cayman Islands: Manufacturing, value added
Manufacturing, value added over time
- Bermuda
- Cayman Islands
How they compare
Cayman Islands currently reports 56.01 million current LCU against 28.52 million current LCU in Bermuda, a difference of 27.48 million current LCU.
That makes Cayman Islands's figure about 2.0 times Bermuda's.
The two have swapped places 3 times across 15 shared years of data; in 2010 it was Bermuda ahead.
Globally, Bermuda ranks 196th and Cayman Islands ranks 193rd of 204 countries.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.