Industry (including construction), value added in Bermuda
Bermuda: Industry (including construction), value added was 450.16 million current US$ in 2024. ▲ Rising
Industry (including construction), value added in Bermuda, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, industry (including construction), value added in Bermuda stood at 450.16 million current US$.
The figure 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 US$ in 2005 and was at its lowest, 203.50 million current US$, in 1998.
That places Bermuda 179th out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 238.50 million current US$ | 203.50 million current US$ | 289.23 million current US$ | 4 |
| 2000s | 409.75 million current US$ | 377.35 million current US$ | 484.43 million current US$ | 6 |
| 2010s | 377.41 million current US$ | 321.00 million current US$ | 472.92 million current US$ | 10 |
| 2020s | 407.28 million current US$ | 386.33 million current US$ | 450.16 million current US$ | 5 |
Countries ranked near Bermuda
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 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 484.43 million current US$ in 2005.
- What is the lowest industry (including construction), value added recorded in Bermuda?
- The lowest recorded value was 203.50 million current US$ in 1998.
- How does Bermuda rank for industry (including construction), value added?
- Bermuda ranks 179th 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.