Manufacturing, value added in Bermuda
Bermuda: Manufacturing, value added was 28.52 million current LCU in 2024. ▼ Falling
Manufacturing, value added in Bermuda, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Bermuda recorded 28.52 million current LCU for manufacturing, value added in 2024.
That represents a change of up 1.3% on the previous year and down 7.4% over ten years.
Over the whole period, manufacturing, value added in Bermuda peaked at 84.08 million current LCU in 2002 and was at its lowest, 23.17 million current LCU, in 2020.
That places Bermuda 196th out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.31 million current LCU | 71.56 million current LCU | 84.08 million current LCU | 5 |
| 2010s | 37.41 million current LCU | 29.74 million current LCU | 56.76 million current LCU | 10 |
| 2020s | 26.53 million current LCU | 23.17 million current LCU | 28.52 million current LCU | 5 |
Countries ranked near Bermuda
- 193 Cayman Islands 56.01 million current LCU compare
- 194 Liberia 54.60 million current LCU compare
- 195 East Timor 35.45 million current LCU compare
- 197 Sint Maarten (Dutch part) 28.35 million current LCU compare
- 198 Kiribati 22.07 million current LCU compare
- 199 Marshall Islands 9.04 million current 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 28.52 million current 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 84.08 million current LCU in 2002.
- What is the lowest manufacturing, value added recorded in Bermuda?
- The lowest recorded value was 23.17 million current LCU in 2020.
- How does Bermuda rank for manufacturing, value added?
- Bermuda ranks 196th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Bermuda?
- Over the last ten years it is down 7.4%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.