Industry (including construction), value added in Bermuda
Bermuda: Industry (including construction), value added was 380.83 million constant LCU in 2024. ▬ Flat
Industry (including construction), value added in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for industry (including construction), value added in Bermuda is 380.83 million constant LCU, measured in 2024.
The figure is up 4.7% on the previous year and up 15.3% over ten years.
Over the whole period, industry (including construction), value added in Bermuda peaked at 458.19 million constant LCU in 2010 and was at its lowest, 327.04 million constant LCU, in 2015.
That places Bermuda 188th out of 200 countries with data for 2024, putting it in the bottom quarter.
Industry (including construction), value added in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 458.19 million constant LCU | — |
| 2011 | 392.49 million constant LCU | -14.3% |
| 2012 | 355.82 million constant LCU | -9.3% |
| 2013 | 342.62 million constant LCU | -3.7% |
| 2014 | 330.43 million constant LCU | -3.6% |
| 2015 | 327.04 million constant LCU | -1.0% |
| 2016 | 329.62 million constant LCU | +0.8% |
| 2017 | 343.41 million constant LCU | +4.2% |
| 2018 | 370.57 million constant LCU | +7.9% |
| 2019 | 428.55 million constant LCU | +15.6% |
| 2020 | 357.56 million constant LCU | -16.6% |
| 2021 | 358.69 million constant LCU | +0.3% |
| 2022 | 377.80 million constant LCU | +5.3% |
| 2023 | 363.86 million constant LCU | -3.7% |
| 2024 | 380.83 million constant LCU | +4.7% |
Bermuda compared with similar countries
- Bermuda's 380.83 million constant LCU is below the median for high income countries, which is 57.24 billion constant LCU, 1% of the median. (70 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 367.87 million constant LCU | 327.04 million constant LCU | 458.19 million constant LCU | 10 |
| 2020s | 367.75 million constant LCU | 357.56 million constant LCU | 380.83 million constant LCU | 5 |
Countries ranked near Bermuda
- 185 Saint Kitts and Nevis 415.42 million constant LCU compare
- 186 Saint Vincent and the Grenadines 403.14 million constant LCU compare
- 187 Andorra 398.67 million constant LCU compare
- 189 Cayman Islands 375.43 million constant LCU compare
- 190 Isle of Man 346.02 million constant LCU compare
- 191 Samoa 256.95 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 industry (including construction), value added in Bermuda?
- Industry (including construction), value added in Bermuda was 380.83 million constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Bermuda?
- The highest recorded value was 458.19 million constant LCU in 2010.
- What is the lowest industry (including construction), value added recorded in Bermuda?
- The lowest recorded value was 327.04 million constant LCU in 2015.
- How does Bermuda rank for industry (including construction), value added?
- Bermuda ranks 188th out of 200 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Bermuda?
- Over the last ten years it is up 15.3%. 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 Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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.