Agriculture, forestry, and fishing, value added in Bermuda
Bermuda: Agriculture, forestry, and fishing, value added was 15.10 million constant 2015 US$ in 2024. ▼ Falling
Agriculture, forestry, and fishing, value added in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, agriculture, forestry, and fishing, value added in Bermuda stood at 15.10 million constant 2015 US$.
Compared with earlier readings it is down 0.2% on the previous year and up 1.7% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Bermuda peaked at 23.06 million constant 2015 US$ in 2021 and was at its lowest, 14.85 million constant 2015 US$, in 2014.
That places Bermuda 188th out of 193 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Agriculture, forestry, and fishing, value added in Bermuda, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2010 | 21.88 million constant 2015 US$ | — |
| 2011 | 22.88 million constant 2015 US$ | +4.6% |
| 2012 | 20.56 million constant 2015 US$ | -10.2% |
| 2013 | 22.40 million constant 2015 US$ | +9.0% |
| 2014 | 14.85 million constant 2015 US$ | -33.7% |
| 2015 | 15.16 million constant 2015 US$ | +2.1% |
| 2016 | 21.99 million constant 2015 US$ | +45.0% |
| 2017 | 20.90 million constant 2015 US$ | -4.9% |
| 2018 | 18.02 million constant 2015 US$ | -13.8% |
| 2019 | 18.25 million constant 2015 US$ | +1.3% |
| 2020 | 18.48 million constant 2015 US$ | +1.3% |
| 2021 | 23.06 million constant 2015 US$ | +24.8% |
| 2022 | 17.00 million constant 2015 US$ | -26.3% |
| 2023 | 15.12 million constant 2015 US$ | -11.0% |
| 2024 | 15.10 million constant 2015 US$ | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 19.69 million constant 2015 US$ | 14.85 million constant 2015 US$ | 22.88 million constant 2015 US$ | 10 |
| 2020s | 17.75 million constant 2015 US$ | 15.10 million constant 2015 US$ | 23.06 million constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 185 Cayman Islands 23.72 million constant 2015 US$ compare
- 186 Antigua and Barbuda 22.43 million constant 2015 US$ compare
- 187 Andorra 16.98 million constant 2015 US$ compare
- 189 Saint Kitts and Nevis 9.02 million constant 2015 US$ compare
- 190 Turks and Caicos Islands 7.96 million constant 2015 US$ compare
- 191 Palau 7.81 million constant 2015 US$ compare
More economy & growth data for Bermuda
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 105,450 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.88 % change on previous year (2024)
- GDP (current US$), per capita 142,250 current US$ per person (2024)
- GDP (current LCU), annual growth rate 6.88 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 142,250 current LCU per person (2024)
- GDP (constant LCU), annual growth rate 1.89 % change on previous year (2024)
- GDP (constant LCU), per capita 109,864 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.7723 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Bermuda?
- Agriculture, forestry, and fishing, value added in Bermuda was 15.10 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Bermuda?
- The highest recorded value was 23.06 million constant 2015 US$ in 2021.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Bermuda?
- The lowest recorded value was 14.85 million constant 2015 US$ in 2014.
- How does Bermuda rank for agriculture, forestry, and fishing, value added?
- Bermuda ranks 188th out of 193 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added rising or falling in Bermuda?
- Over the last ten years it is up 1.7%. 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 Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.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.