Manufacturing, value added in Bermuda
Bermuda: Manufacturing, value added was 28.52 million current US$ in 2024. ▼ Falling
Manufacturing, value added in Bermuda, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Bermuda stood at 28.52 million current US$.
The figure is up 1.3% on the previous year and down 7.4% over ten years.
Over the whole period, manufacturing, value added in Bermuda peaked at 84.08 million current US$ in 2002 and was at its lowest, 23.17 million current US$, in 2020.
Bermuda ranks 195th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.31 million current US$ | 71.56 million current US$ | 84.08 million current US$ | 5 |
| 2010s | 37.41 million current US$ | 29.74 million current US$ | 56.76 million current US$ | 10 |
| 2020s | 26.53 million current US$ | 23.17 million current US$ | 28.52 million current US$ | 5 |
Countries ranked near Bermuda
- 192 East Timor 35.45 million current US$ compare
- 193 Gambia 34.97 million current US$ compare
- 194 Dominica 34.60 million current US$ compare
- 196 Sint Maarten (Dutch part) 15.84 million current US$ compare
- 197 Kiribati 14.57 million current US$ compare
- 198 Marshall Islands 9.04 million current 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 28.52 million current 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 84.08 million current US$ in 2002.
- What is the lowest manufacturing, value added recorded in Bermuda?
- The lowest recorded value was 23.17 million current US$ in 2020.
- How does Bermuda rank for manufacturing, value added?
- Bermuda ranks 195th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bermuda?
- Over the last ten years it is down 7.4%. 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 (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.