Gross value added at basic prices (GVA) in Bermuda
Bermuda: Gross value added at basic prices (GVA) was 7.27 billion constant 2015 US$ in 2024. ▬ Flat
Gross value added at basic prices (GVA) in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Bermuda is 7.27 billion constant 2015 US$, measured in 2024.
The figure is up 1.9% on the previous year and up 14.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Bermuda peaked at 7.29 billion constant 2015 US$ in 2010 and was at its lowest, 6.09 billion constant 2015 US$, in 2020.
That places Bermuda 151st out of 193 countries with data for 2024, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.62 billion constant 2015 US$ | 6.33 billion constant 2015 US$ | 7.29 billion constant 2015 US$ | 10 |
| 2020s | 6.74 billion constant 2015 US$ | 6.09 billion constant 2015 US$ | 7.27 billion constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 148 Moldova 8.40 billion constant 2015 US$ compare
- 149 Mauritania 7.88 billion constant 2015 US$ compare
- 152 Isle of Man 7.06 billion constant 2015 US$ compare
- 153 Maldives 5.98 billion constant 2015 US$ compare
- 154 Cayman Islands 5.96 billion constant 2015 US$ compare
More economy & growth data for Bermuda
- Exports of goods and services 5.07 billion current LCU (2024)
- Industry (including construction), value added 4.9% (2024)
- Gross national expenditure 6.07 billion current US$ (2024)
- Gross national expenditure 6.07 billion current LCU (2024)
- Gross national expenditure 4.88 billion constant 2015 US$ (2024)
- Industry (including construction), value added 380.83 million constant LCU (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
- Exports of goods and services 55.1% (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Bermuda?
- Gross value added at basic prices (gva) in Bermuda was 7.27 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Bermuda?
- The highest recorded value was 7.29 billion constant 2015 US$ in 2010.
- What is the lowest gross value added at basic prices (gva) recorded in Bermuda?
- The lowest recorded value was 6.09 billion constant 2015 US$ in 2020.
- How does Bermuda rank for gross value added at basic prices (gva)?
- Bermuda ranks 151st out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Bermuda?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is flat.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.