Manufacturing, value added in Bermuda
Bermuda: Manufacturing, value added was 29.38 million constant 2015 US$ in 2024. ▼ Falling
Manufacturing, value added in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for manufacturing, value added in Bermuda is 29.38 million constant 2015 US$, measured in 2024.
Compared with earlier readings it is down 9.7% on the previous year and down 17.1% over ten years.
Over the whole period, manufacturing, value added in Bermuda peaked at 69.52 million constant 2015 US$ in 2010 and was at its lowest, 27.50 million constant 2015 US$, in 2021.
That places Bermuda 176th out of 185 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 43.62 million constant 2015 US$ | 34.22 million constant 2015 US$ | 69.52 million constant 2015 US$ | 10 |
| 2020s | 29.30 million constant 2015 US$ | 27.50 million constant 2015 US$ | 32.55 million constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 173 Saint Vincent and the Grenadines 39.37 million constant 2015 US$ compare
- 174 Sint Maarten (Dutch part) 35.81 million constant 2015 US$ compare
- 175 Tonga 29.94 million constant 2015 US$ compare
- 177 Bahamas 29.13 million constant 2015 US$ compare
- 178 East Timor 29.00 million constant 2015 US$ compare
- 179 Dominica 27.07 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 manufacturing, value added in Bermuda?
- Manufacturing, value added in Bermuda was 29.38 million constant 2015 US$ 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 69.52 million constant 2015 US$ in 2010.
- What is the lowest manufacturing, value added recorded in Bermuda?
- The lowest recorded value was 27.50 million constant 2015 US$ in 2021.
- How does Bermuda rank for manufacturing, value added?
- Bermuda ranks 176th out of 185 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bermuda?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is falling.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.