Agriculture, forestry, and fishing, value added (constant LCU) in Bermuda
Bermuda: Agriculture, forestry, and fishing, value added (constant LCU) was 14.31 million constant LCU 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 LCU.
Analysis
Bermuda recorded 14.31 million constant LCU for agriculture, forestry, and fishing, value added in 2024.
That represents a change of 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 21.86 million constant LCU in 2021 and was at its lowest, 14.07 million constant LCU, in 2014.
That places Bermuda 193rd out of 197 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 (constant LCU) in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 20.74 million constant LCU | — |
| 2011 | 21.68 million constant LCU | +4.6% |
| 2012 | 19.48 million constant LCU | -10.2% |
| 2013 | 21.23 million constant LCU | +9.0% |
| 2014 | 14.07 million constant LCU | -33.7% |
| 2015 | 14.37 million constant LCU | +2.1% |
| 2016 | 20.84 million constant LCU | +45.0% |
| 2017 | 19.81 million constant LCU | -4.9% |
| 2018 | 17.07 million constant LCU | -13.8% |
| 2019 | 17.29 million constant LCU | +1.3% |
| 2020 | 17.52 million constant LCU | +1.3% |
| 2021 | 21.86 million constant LCU | +24.8% |
| 2022 | 16.11 million constant LCU | -26.3% |
| 2023 | 14.33 million constant LCU | -11.0% |
| 2024 | 14.31 million constant LCU | -0.2% |
Bermuda compared with similar countries
- Bermuda's 14.31 million constant LCU is below the median for high income countries, which is 3.54 billion constant LCU, 0% of the median. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.66 million constant LCU | 14.07 million constant LCU | 21.68 million constant LCU | 10 |
| 2020s | 16.82 million constant LCU | 14.31 million constant LCU | 21.86 million constant LCU | 5 |
Countries ranked near Bermuda
- 190 Cayman Islands 19.77 million constant LCU compare
- 191 Isle of Man 17.28 million constant LCU compare
- 192 Andorra 15.09 million constant LCU compare
- 194 Palau 8.12 million constant LCU compare
- 195 Turks and Caicos Islands 5.48 million constant LCU compare
- 196 Aruba 2.05 million constant LCU compare
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ 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 14.31 million constant LCU 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 21.86 million constant LCU in 2021.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Bermuda?
- The lowest recorded value was 14.07 million constant LCU in 2014.
- How does Bermuda rank for agriculture, forestry, and fishing, value added?
- Bermuda ranks 193rd out of 197 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 LCU). 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 varies by country. This series is expressed in local currency units.