Gross value added at basic prices (GVA) (constant LCU) in Bermuda
Bermuda: Gross value added at basic prices (GVA) (constant LCU) was 6.82 billion constant LCU in 2024. ▬ Flat
Gross value added at basic prices (GVA) in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Bermuda is 6.82 billion constant LCU, measured in 2024.
Compared with earlier readings it is up 1.9% on the previous year and up 14.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Bermuda peaked at 6.84 billion constant LCU in 2010 and was at its lowest, 5.71 billion constant LCU, in 2020.
Bermuda ranks 171st of 198 countries on this measure, in the bottom quarter.
Gross value added at basic prices (GVA) (constant LCU) in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 6.84 billion constant LCU | — |
| 2011 | 6.56 billion constant LCU | -4.1% |
| 2012 | 6.21 billion constant LCU | -5.3% |
| 2013 | 6.19 billion constant LCU | -0.4% |
| 2014 | 5.97 billion constant LCU | -3.5% |
| 2015 | 5.98 billion constant LCU | +0.2% |
| 2016 | 5.94 billion constant LCU | -0.6% |
| 2017 | 6.15 billion constant LCU | +3.6% |
| 2018 | 6.14 billion constant LCU | -0.2% |
| 2019 | 6.17 billion constant LCU | +0.5% |
| 2020 | 5.71 billion constant LCU | -7.4% |
| 2021 | 6.00 billion constant LCU | +5.1% |
| 2022 | 6.41 billion constant LCU | +6.7% |
| 2023 | 6.69 billion constant LCU | +4.4% |
| 2024 | 6.82 billion constant LCU | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.21 billion constant LCU | 5.94 billion constant LCU | 6.84 billion constant LCU | 10 |
| 2020s | 6.33 billion constant LCU | 5.71 billion constant LCU | 6.82 billion constant LCU | 5 |
Countries ranked near Bermuda
- 168 Channel Islands 10.06 billion constant LCU compare
- 169 Tajikistan 10.00 billion constant LCU compare
- 170 Eritrea 7.16 billion constant LCU
- 172 Kosovo 5.77 billion constant LCU compare
- 172 Kosovo (UNSCR 1244) 5.77 billion constant LCU compare
- 174 Monaco 5.73 billion constant LCU compare
More economy & growth data for Bermuda
- Gross national expenditure (current LCU), per unit of GDP 0.6606 current LCU per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 78,446 current US$ per person (2024)
- Exports of goods and services (current US$), per unit of GDP 0.5515 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), annual growth rate 11.72 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per capita 75,565 constant 2015 US$ per person (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.5312 constant 2015 US$ per US$ of GDP (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.79 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 93,967 current LCU per person (2024)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.4364 constant 2015 US$ per US$ of GDP (2024)
- Final consumption expenditure (constant 2015 US$), per capita 62,072 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Bermuda?
- Gross value added at basic prices (gva) in Bermuda was 6.82 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Bermuda?
- The highest recorded value was 6.84 billion constant LCU in 2010.
- What is the lowest gross value added at basic prices (gva) recorded in Bermuda?
- The lowest recorded value was 5.71 billion constant LCU in 2020.
- How does Bermuda rank for gross value added at basic prices (gva)?
- Bermuda ranks 171st out of 198 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Bermuda?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is flat.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.