Industry (including construction), value added in Bermuda
Bermuda: Industry (including construction), value added was 397.09 million constant 2015 US$ in 2024. ▬ Flat
Industry (including construction), value added in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Bermuda recorded 397.09 million constant 2015 US$ for industry (including construction), value added in 2024.
That represents a change of up 4.7% on the previous year and up 15.3% over ten years.
Over the whole period, industry (including construction), value added in Bermuda peaked at 477.75 million constant 2015 US$ in 2010 and was at its lowest, 341.00 million constant 2015 US$, in 2015.
Bermuda ranks 171st of 195 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 383.58 million constant 2015 US$ | 341.00 million constant 2015 US$ | 477.75 million constant 2015 US$ | 10 |
| 2020s | 383.45 million constant 2015 US$ | 372.83 million constant 2015 US$ | 397.09 million constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 168 Cayman Islands 450.52 million constant 2015 US$ compare
- 169 Gambia 448.58 million constant 2015 US$ compare
- 170 Andorra 448.53 million constant 2015 US$ compare
- 172 Belize 390.02 million constant 2015 US$ compare
- 173 Aruba 379.98 million constant 2015 US$ compare
- 174 Antigua and Barbuda 375.86 million constant 2015 US$ compare
More economy & growth data for Bermuda
- Exports of goods and services 5.07 billion current LCU (2024)
- Services, value added 8.40 billion current US$ (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 4.9% (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 industry (including construction), value added in Bermuda?
- Industry (including construction), value added in Bermuda was 397.09 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Bermuda?
- The highest recorded value was 477.75 million constant 2015 US$ in 2010.
- What is the lowest industry (including construction), value added recorded in Bermuda?
- The lowest recorded value was 341.00 million constant 2015 US$ in 2015.
- How does Bermuda rank for industry (including construction), value added?
- Bermuda ranks 171st out of 195 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Bermuda?
- Over the last ten years it is up 15.3%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 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.