Medium and high-tech manufacturing value added in Bermuda
Bermuda: Medium and high-tech manufacturing value added was 7.7% in 2022. ▼ Falling
Medium and high-tech manufacturing value added in Bermuda, 1990–2022
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufacturing value added.
Analysis
The most recent figure for medium and high-tech manufacturing value added in Bermuda is 7.7%, measured in 2022.
Compared with earlier readings it is down 54.8% over ten years.
Over the whole period, medium and high-tech manufacturing value added in Bermuda peaked at 17.1% in 1990 and was at its lowest, 6.0%, in 2015.
That places Bermuda 123rd out of 153 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.1% | 17.0% | 17.1% | 10 |
| 2000s | 16.9% | 15.7% | 17.0% | 10 |
| 2010s | 10.2% | 6.0% | 17.0% | 10 |
| 2020s | 7.7% | 7.7% | 7.7% | 3 |
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 medium and high-tech manufacturing value added in Bermuda?
- Medium and high-tech manufacturing value added in Bermuda was 7.7% in 2022, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech manufacturing value added recorded in Bermuda?
- The highest recorded value was 17.1% in 1990.
- What is the lowest medium and high-tech manufacturing value added recorded in Bermuda?
- The lowest recorded value was 6.0% in 2015.
- How does Bermuda rank for medium and high-tech manufacturing value added?
- Bermuda ranks 123rd out of 153 countries with data for 2022.
- Is medium and high-tech manufacturing value added rising or falling in Bermuda?
- Over the last ten years it is down 54.8%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech manufacturing value added (% manufacturing value added). Statizoid updates them automatically from the source API.
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About this data
The proportion of medium and high-tech industry value added in total value added of manufacturing