Industry (including construction), value added … unit GDP LCU in Bermuda
Bermuda: Industry (including construction), value added … unit GDP LCU was 0.0414 constant LCU per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant LCU), per in Bermuda, 2010–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Bermuda recorded 0.0414 constant LCU per US$ of GDP for industry (including construction), value added (constant lcu), per in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 2.1% on the previous year and down 19.6% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Bermuda peaked at 0.0691 constant LCU per US$ of GDP in 2010 and was at its lowest, 0.0414 constant LCU per US$ of GDP, in 2024.
That places Bermuda 197th out of 198 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.
Industry (including construction), value added … unit GDP LCU in Bermuda, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.0691 constant LCU per US$ of GDP | — |
| 2011 | 0.0622 constant LCU per US$ of GDP | -10.0% |
| 2012 | 0.0558 constant LCU per US$ of GDP | -10.3% |
| 2013 | 0.053 constant LCU per US$ of GDP | -5.0% |
| 2014 | 0.0515 constant LCU per US$ of GDP | -2.8% |
| 2015 | 0.0491 constant LCU per US$ of GDP | -4.6% |
| 2016 | 0.0478 constant LCU per US$ of GDP | -2.8% |
| 2017 | 0.0481 constant LCU per US$ of GDP | +0.6% |
| 2018 | 0.0513 constant LCU per US$ of GDP | +6.7% |
| 2019 | 0.0577 constant LCU per US$ of GDP | +12.6% |
| 2020 | 0.0519 constant LCU per US$ of GDP | -10.1% |
| 2021 | 0.0492 constant LCU per US$ of GDP | -5.2% |
| 2022 | 0.0486 constant LCU per US$ of GDP | -1.2% |
| 2023 | 0.0423 constant LCU per US$ of GDP | -13.0% |
| 2024 | 0.0414 constant LCU per US$ of GDP | -2.1% |
Bermuda compared with similar countries
- Bermuda's 0.0414 constant LCU per US$ of GDP is below the median for high income countries, which is 0.2163 constant LCU per US$ of GDP, 19% of the median. (70 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0546 constant LCU per US$ of GDP | 0.0478 constant LCU per US$ of GDP | 0.0691 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0467 constant LCU per US$ of GDP | 0.0414 constant LCU per US$ of GDP | 0.0519 constant LCU per US$ of GDP | 5 |
Countries ranked near Bermuda
- 194 Sudan 0.0609 constant LCU per US$ of GDP compare
- 195 Cayman Islands 0.0483 constant LCU per US$ of GDP compare
- 196 Isle of Man 0.0457 constant LCU per US$ of GDP compare
- 198 Micronesia (country) 0.0219 constant LCU per US$ of GDP compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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 US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), per in Bermuda?
- Industry (including construction), value added (constant lcu), per in Bermuda was 0.0414 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Bermuda?
- The highest recorded value was 0.0691 constant LCU per US$ of GDP in 2010.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Bermuda?
- The lowest recorded value was 0.0414 constant LCU per US$ of GDP in 2024.
- How does Bermuda rank for industry (including construction), value added (constant lcu), per?
- Bermuda ranks 197th out of 198 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), per rising or falling in Bermuda?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.