Manufacturing, value added (current US$), per unit of GDP (unit GDP) in Bermuda
Bermuda: Manufacturing, value added (current US$), per unit of GDP (unit GDP) was 0.0031 current US$ per US$ of GDP in 2024. ◆ Volatile
Manufacturing, value added (current US$), per unit of GDP in Bermuda, 2001–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Bermuda recorded 0.0031 current US$ per US$ of GDP for manufacturing, value added (current us$), per unit of gdp in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 5.2% on the previous year and down 35.4% over ten years.
Over the whole period, manufacturing, value added (current us$), per unit of gdp in Bermuda peaked at 0.0214 current US$ per US$ of GDP in 2002 and was at its lowest, 0.0031 current US$ per US$ of GDP, in 2024.
Bermuda ranks 202nd of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current US$), per unit of GDP (unit GDP) in Bermuda, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2001 | 0.0211 current US$ per US$ of GDP | — |
| 2002 | 0.0214 current US$ per US$ of GDP | +1.3% |
| 2003 | 0.0171 current US$ per US$ of GDP | -19.9% |
| 2004 | 0.0174 current US$ per US$ of GDP | +1.9% |
| 2005 | 0.0165 current US$ per US$ of GDP | -5.4% |
| 2010 | 0.0086 current US$ per US$ of GDP | -48.1% |
| 2011 | 0.007 current US$ per US$ of GDP | -17.7% |
| 2012 | 0.006 current US$ per US$ of GDP | -15.0% |
| 2013 | 0.0052 current US$ per US$ of GDP | -13.5% |
| 2014 | 0.0048 current US$ per US$ of GDP | -7.2% |
| 2015 | 0.0051 current US$ per US$ of GDP | +7.1% |
| 2016 | 0.0043 current US$ per US$ of GDP | -16.2% |
| 2017 | 0.0046 current US$ per US$ of GDP | +7.6% |
| 2018 | 0.0049 current US$ per US$ of GDP | +5.1% |
| 2019 | 0.0052 current US$ per US$ of GDP | +5.9% |
| 2020 | 0.0034 current US$ per US$ of GDP | -34.8% |
| 2021 | 0.0035 current US$ per US$ of GDP | +3.2% |
| 2022 | 0.0035 current US$ per US$ of GDP | +2.0% |
| 2023 | 0.0033 current US$ per US$ of GDP | -7.6% |
| 2024 | 0.0031 current US$ per US$ of GDP | -5.2% |
Bermuda compared with similar countries
- Bermuda's 0.0031 current US$ per US$ of GDP is below the median for high income countries, which is 0.0949 current US$ per US$ of GDP, 3% of the median. (75 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0187 current US$ per US$ of GDP | 0.0165 current US$ per US$ of GDP | 0.0214 current US$ per US$ of GDP | 5 |
| 2010s | 0.0056 current US$ per US$ of GDP | 0.0043 current US$ per US$ of GDP | 0.0086 current US$ per US$ of GDP | 10 |
| 2020s | 0.0034 current US$ per US$ of GDP | 0.0031 current US$ per US$ of GDP | 0.0035 current US$ per US$ of GDP | 5 |
Countries ranked near Bermuda
- 199 Sao Tome and Principe 0.0059 current US$ per US$ of GDP compare
- 200 Micronesia (country) 0.0048 current US$ per US$ of GDP compare
- 201 Turks and Caicos Islands 0.0045 current US$ per US$ of GDP compare
- 203 Venezuela 0 current US$ 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)
- 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 manufacturing, value added (current us$), per unit of gdp in Bermuda?
- Manufacturing, value added (current us$), per unit of gdp in Bermuda was 0.0031 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.0214 current US$ per US$ of GDP in 2002.
- What is the lowest manufacturing, value added (current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.0031 current US$ per US$ of GDP in 2024.
- How does Bermuda rank for manufacturing, value added (current us$), per unit of gdp?
- Bermuda ranks 202nd out of 203 countries with data for 2024.
- Is manufacturing, value added (current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 35.4%. 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 Manufacturing, value added (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current US$) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.