Gross value added at basic prices (GVA) in Bermuda
Bermuda: Gross value added at basic prices (GVA) was 6.82 billion constant LCU in 2024. ▬ Flat
Gross value added at basic prices (GVA) in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Bermuda is 6.82 billion constant LCU, measured in 2024.
Compared with earlier readings it 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 6.84 billion constant LCU in 2010 and was at its lowest, 5.71 billion constant LCU, in 2020.
Bermuda ranks 171st of 197 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.21 billion constant LCU | 5.94 billion constant LCU | 6.84 billion constant LCU | 10 |
| 2020s | 6.33 billion constant LCU | 5.71 billion constant LCU | 6.82 billion constant LCU | 5 |
Countries ranked near Bermuda
- 169 Tajikistan 10.00 billion constant LCU compare
- 170 Eritrea 7.16 billion constant LCU compare
- 173 Monaco 5.73 billion constant LCU compare
- 174 Saint Lucia 5.26 billion constant LCU 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 6.82 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Bermuda?
- The highest recorded value was 6.84 billion constant LCU in 2010.
- What is the lowest gross value added at basic prices (gva) recorded in Bermuda?
- The lowest recorded value was 5.71 billion constant LCU in 2020.
- How does Bermuda rank for gross value added at basic prices (gva)?
- Bermuda ranks 171st out of 197 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.