Manufacturing, value added (constant LCU), per unit of GDP in Bermuda
Bermuda: Manufacturing, value added (constant LCU), per unit of GDP was 0.003 constant LCU per US$ of GDP in 2024. ▼ Falling
Manufacturing, value added (constant LCU), per unit of GDP in Bermuda, 2010–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for manufacturing, value added (constant lcu), per unit of gdp in Bermuda is 0.003 constant LCU per US$ of GDP, measured in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 15.5% on the previous year and down 42.2% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Bermuda peaked at 0.0099 constant LCU per US$ of GDP in 2010 and was at its lowest, 0.003 constant LCU per US$ of GDP, in 2024.
That places Bermuda 188th out of 190 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.
Manufacturing, value added (constant LCU), per unit of GDP in Bermuda, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.0099 constant LCU per US$ of GDP | — |
| 2011 | 0.0095 constant LCU per US$ of GDP | -3.9% |
| 2012 | 0.0078 constant LCU per US$ of GDP | -17.6% |
| 2013 | 0.0052 constant LCU per US$ of GDP | -33.8% |
| 2014 | 0.0052 constant LCU per US$ of GDP | +0.5% |
| 2015 | 0.0048 constant LCU per US$ of GDP | -6.9% |
| 2016 | 0.0048 constant LCU per US$ of GDP | -1.2% |
| 2017 | 0.0049 constant LCU per US$ of GDP | +2.8% |
| 2018 | 0.0047 constant LCU per US$ of GDP | -3.6% |
| 2019 | 0.0046 constant LCU per US$ of GDP | -2.7% |
| 2020 | 0.004 constant LCU per US$ of GDP | -13.0% |
| 2021 | 0.0035 constant LCU per US$ of GDP | -11.4% |
| 2022 | 0.0034 constant LCU per US$ of GDP | -5.3% |
| 2023 | 0.0036 constant LCU per US$ of GDP | +5.9% |
| 2024 | 0.003 constant LCU per US$ of GDP | -15.5% |
Bermuda compared with similar countries
- Bermuda's 0.003 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1012 constant LCU per US$ of GDP, 3% of the median. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0061 constant LCU per US$ of GDP | 0.0046 constant LCU per US$ of GDP | 0.0099 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0035 constant LCU per US$ of GDP | 0.003 constant LCU per US$ of GDP | 0.004 constant LCU per US$ of GDP | 5 |
Countries ranked near Bermuda
- 185 Palau 0.0094 constant LCU per US$ of GDP compare
- 186 Cayman Islands 0.0048 constant LCU per US$ of GDP compare
- 187 Turks and Caicos Islands 0.004 constant LCU per US$ of GDP compare
- 189 Micronesia, Federated States of 0.0027 constant LCU per US$ of GDP compare
- 190 Bahamas 0.0023 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)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (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 manufacturing, value added (constant lcu), per unit of gdp in Bermuda?
- Manufacturing, value added (constant lcu), per unit of gdp in Bermuda was 0.003 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.0099 constant LCU per US$ of GDP in 2010.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.003 constant LCU per US$ of GDP in 2024.
- How does Bermuda rank for manufacturing, value added (constant lcu), per unit of gdp?
- Bermuda ranks 188th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 42.2%. 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 Manufacturing, 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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, 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
Manufacturing, 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.