Industry (including construction) … current LCU rate annual growth in Bermuda
Bermuda: Industry (including construction) … current LCU rate annual growth was 13.18 % change on previous year in 2024. ◆ Volatile
Industry (including construction), value added (current LCU), annual in Bermuda, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, industry (including construction), value added (current lcu), annual in Bermuda stood at 13.18 % change on previous year.
Compared with earlier readings it is up 432.8% on the previous year and up 308.8% over ten years.
Over the whole period, industry (including construction), value added (current lcu), annual in Bermuda peaked at 42.13 % change on previous year in 1999 and was at its lowest, -18.26 % change on previous year, in 2011.
That places Bermuda 47th out of 207 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction) … current LCU rate annual growth in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 6.19 % change on previous year | — |
| 1998 | -14.34 % change on previous year | -331.7% |
| 1999 | 42.13 % change on previous year | -393.8% |
| 2000 | 33.24 % change on previous year | -21.1% |
| 2001 | -1.55 % change on previous year | -104.7% |
| 2002 | -0.5424 % change on previous year | -64.9% |
| 2003 | 6.16 % change on previous year | -1235.0% |
| 2004 | 7.68 % change on previous year | +24.8% |
| 2005 | 12.31 % change on previous year | +60.2% |
| 2011 | -18.26 % change on previous year | -248.4% |
| 2012 | -8.74 % change on previous year | -52.1% |
| 2013 | 4.94 % change on previous year | -156.5% |
| 2014 | -6.31 % change on previous year | -227.7% |
| 2015 | 6.23 % change on previous year | -198.8% |
| 2016 | 8.25 % change on previous year | +32.3% |
| 2017 | 6.6 % change on previous year | -20.0% |
| 2018 | 4.7 % change on previous year | -28.8% |
| 2019 | 14.8 % change on previous year | +215.1% |
| 2020 | -17.95 % change on previous year | -221.3% |
| 2021 | -0.443 % change on previous year | -97.5% |
| 2022 | 7.2 % change on previous year | -1725.0% |
| 2023 | -3.96 % change on previous year | -155.0% |
| 2024 | 13.18 % change on previous year | -432.8% |
Bermuda compared with similar countries
- Bermuda's 13.18 % change on previous year is above the median for high income countries, which is 3.19 % change on previous year, 4.1× the median. (77 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … current LCU rate annual growth in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +1725.0% | -0.443 % change on previous year | 7.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.33 % change on previous year | -14.34 % change on previous year | 42.13 % change on previous year | 3 |
| 2000s | 9.55 % change on previous year | -1.55 % change on previous year | 33.24 % change on previous year | 6 |
| 2010s | 1.35 % change on previous year | -18.26 % change on previous year | 14.8 % change on previous year | 9 |
| 2020s | -0.3944 % change on previous year | -17.95 % change on previous year | 13.18 % change on previous year | 5 |
Countries ranked near Bermuda
- 44 Yemen 13.57 % change on previous year compare
- 45 Central African Republic 13.3 % change on previous year compare
- 46 Eritrea 13.27 % change on previous year compare
- 48 Curacao 13.15 % change on previous year compare
- 49 Cameroon 13.15 % change on previous year compare
- 50 Tajikistan 13.15 % change on previous year 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 (current lcu), annual in Bermuda?
- Industry (including construction), value added (current lcu), annual in Bermuda was 13.18 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), annual recorded in Bermuda?
- The highest recorded value was 42.13 % change on previous year in 1999.
- What is the lowest industry (including construction), value added (current lcu), annual recorded in Bermuda?
- The lowest recorded value was -18.26 % change on previous year in 2011.
- How does Bermuda rank for industry (including construction), value added (current lcu), annual?
- Bermuda ranks 47th out of 207 countries with data for 2024.
- Is industry (including construction), value added (current lcu), annual rising or falling in Bermuda?
- Over the last ten years it is up 308.8%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.