Industry (including construction), value added in Bermuda
Bermuda: Industry (including construction), value added was 450.16 million current LCU in 2024. ▲ Rising
Industry (including construction), value added in Bermuda, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for industry (including construction), value added in Bermuda is 450.16 million current LCU, measured in 2024.
Compared with earlier readings it is up 13.2% on the previous year and up 40.2% over ten years.
Over the whole period, industry (including construction), value added in Bermuda peaked at 484.43 million current LCU in 2005 and was at its lowest, 203.50 million current LCU, in 1998.
That places Bermuda 196th out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 238.50 million current LCU | 203.50 million current LCU | 289.23 million current LCU | 4 |
| 2000s | 409.75 million current LCU | 377.35 million current LCU | 484.43 million current LCU | 6 |
| 2010s | 377.41 million current LCU | 321.00 million current LCU | 472.92 million current LCU | 10 |
| 2020s | 407.28 million current LCU | 386.33 million current LCU | 450.16 million current LCU | 5 |
Countries ranked near Bermuda
- 193 Cayman Islands 494.47 million current LCU compare
- 194 Sao Tome and Principe 474.24 million current LCU compare
- 195 Isle of Man 454.88 million current LCU compare
- 197 Samoa 364.45 million current LCU compare
- 198 Dominica 275.84 million current LCU compare
- 199 Tonga 271.66 million current LCU 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 450.16 million current LCU 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 484.43 million current LCU in 2005.
- What is the lowest industry (including construction), value added recorded in Bermuda?
- The lowest recorded value was 203.50 million current LCU in 1998.
- How does Bermuda rank for industry (including construction), value added?
- Bermuda ranks 196th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Bermuda?
- Over the last ten years it is up 40.2%. The long-run trend across the full record is rising.
- 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.