Food, beverages and tobacco in Bermuda
Bermuda: Food, beverages and tobacco was 16.9% in 2020. ▲ Rising
Food, beverages and tobacco in Bermuda, 1996–2020
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Bermuda recorded 16.9% for food, beverages and tobacco in 2020. That is the highest value across all 25 years on record.
That represents a change of up 19.9% on the previous year and up 71.6% over ten years.
Over the whole period, food, beverages and tobacco in Bermuda peaked at 16.9% in 2020 and was at its lowest, 9.8%, in 2013.
That places Bermuda 112th out of 157 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Food, beverages and tobacco in Bermuda, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1996 | 9.9% | — |
| 1997 | 9.9% | +0.0% |
| 1998 | 9.9% | +0.0% |
| 1999 | 9.8% | -0.1% |
| 2000 | 9.8% | +0.0% |
| 2001 | 9.8% | +0.0% |
| 2002 | 9.8% | +0.0% |
| 2003 | 9.8% | +0.0% |
| 2004 | 9.8% | +0.0% |
| 2005 | 9.8% | +0.0% |
| 2006 | 9.8% | +0.0% |
| 2007 | 9.8% | +0.0% |
| 2008 | 9.8% | +0.0% |
| 2009 | 9.8% | +0.0% |
| 2010 | 9.8% | +0.0% |
| 2011 | 9.8% | +0.0% |
| 2012 | 9.8% | +0.0% |
| 2013 | 9.8% | -0.4% |
| 2014 | 10.7% | +9.4% |
| 2015 | 10.9% | +1.9% |
| 2016 | 12.0% | +9.3% |
| 2017 | 13.0% | +8.5% |
| 2018 | 11.4% | -12.5% |
| 2019 | 14.1% | +24.1% |
| 2020 | 16.9% | +19.9% |
Bermuda compared with similar countries
- Bermuda's 16.9% is above the median for high income countries, which is 13.5%, 1.3× the median. (57 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.9% | 9.8% | 9.9% | 4 |
| 2000s | 9.8% | 9.8% | 9.8% | 10 |
| 2010s | 11.1% | 9.8% | 14.1% | 10 |
| 2020s | 16.9% | 16.9% | 16.9% | 1 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU 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 unit 0.0128 BoP, current US$ per US$ of GDP (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 food, beverages and tobacco in Bermuda?
- Food, beverages and tobacco in Bermuda was 16.9% in 2020, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest food, beverages and tobacco recorded in Bermuda?
- The highest recorded value was 16.9% in 2020.
- What is the lowest food, beverages and tobacco recorded in Bermuda?
- The lowest recorded value was 9.8% in 2013.
- How does Bermuda rank for food, beverages and tobacco?
- Bermuda ranks 112th out of 157 countries with data for 2020.
- Is food, beverages and tobacco rising or falling in Bermuda?
- Over the last ten years it is up 71.6%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Food, beverages and tobacco (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing of food, beverages, and tobacco includes industries classified in ISIC (Rev. 3) divisions 15 and 16. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).