Manufacturing, value added in Bermuda
Bermuda: Manufacturing, value added was -9.7% in 2024. ◆ Volatile
Manufacturing, value added in Bermuda, 2011–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Bermuda recorded -9.7% for manufacturing, value added in 2024.
That represents a change of down 156.3% on the previous year and down 3,399.4% over ten years.
Over the whole period, manufacturing, value added in Bermuda peaked at 17.3% in 2023 and was at its lowest, -32.9%, in 2013.
That places Bermuda 185th out of 191 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -6.2% | -32.9% | 6.4% | 9 |
| 2020s | -3.4% | -19.3% | 17.3% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Exports of goods and services 3.99 billion constant 2015 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)
- Exports of goods and services 5.07 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
Frequently asked questions
- What is manufacturing, value added in Bermuda?
- Manufacturing, value added in Bermuda was -9.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Bermuda?
- The highest recorded value was 17.3% in 2023.
- What is the lowest manufacturing, value added recorded in Bermuda?
- The lowest recorded value was -32.9% in 2013.
- How does Bermuda rank for manufacturing, value added?
- Bermuda ranks 185th out of 191 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bermuda?
- Over the last ten years it is down 3,399.4%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.