Manufacturing, value added in Bermuda
Bermuda: Manufacturing, value added was 27.65 million constant LCU in 2024. ▼ Falling
Manufacturing, value added in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, manufacturing, value added in Bermuda stood at 27.65 million constant LCU.
Compared with earlier readings it is down 9.7% on the previous year and down 17.1% over ten years.
Over the whole period, manufacturing, value added in Bermuda peaked at 65.42 million constant LCU in 2010 and was at its lowest, 25.87 million constant LCU, in 2021.
That places Bermuda 186th out of 191 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 41.04 million constant LCU | 32.20 million constant LCU | 65.42 million constant LCU | 10 |
| 2020s | 27.57 million constant LCU | 25.87 million constant LCU | 30.63 million constant LCU | 5 |
Countries ranked near Bermuda
- 183 Bahamas 36.90 million constant LCU compare
- 184 Sint Maarten (Dutch part) 33.09 million constant LCU compare
- 185 East Timor 29.00 million constant LCU compare
- 187 Kiribati 16.53 million constant LCU compare
- 188 Turks and Caicos Islands 7.01 million constant LCU compare
- 189 Marshall Islands 3.33 million constant LCU compare
More economy & growth data for Bermuda
- External balance on goods and services as a percent of GDP 30.1% (2024)
- GDP per capita 116,514 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.3% (2024)
- Gross domestic product (GDP) 7.53 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 116,514 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -229.00 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -229.00 million current US$ (2024)
- Taxes less subsidies on products 332.49 million current LCU (2024)
- Taxes less subsidies on products 332.49 million current US$ (2024)
Frequently asked questions
- What is manufacturing, value added in Bermuda?
- Manufacturing, value added in Bermuda was 27.65 million constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Bermuda?
- The highest recorded value was 65.42 million constant LCU in 2010.
- What is the lowest manufacturing, value added recorded in Bermuda?
- The lowest recorded value was 25.87 million constant LCU in 2021.
- How does Bermuda rank for manufacturing, value added?
- Bermuda ranks 186th out of 191 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bermuda?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.