Manufacturing value added to gdp, annual growth rate in Bermuda
Bermuda: Manufacturing value added to gdp, annual growth rate was -5.19 % change on previous year in 2024. ◆ Volatile
Manufacturing value added to gdp, annual growth rate in Bermuda, 2002–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing value added to gdp, annual growth rate in Bermuda is -5.19 % change on previous year, measured in 2024.
The figure is up 31.7% on the previous year and up 27.6% over ten years.
Over the whole period, manufacturing value added to gdp, annual growth rate in Bermuda peaked at 7.56 % change on previous year in 2017 and was at its lowest, -34.81 % change on previous year, in 2020.
Bermuda ranks 157th of 202 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 to gdp, annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 1.3 % change on previous year | — |
| 2003 | -19.95 % change on previous year | -1634.9% |
| 2004 | 1.92 % change on previous year | -109.6% |
| 2005 | -5.43 % change on previous year | -382.7% |
| 2011 | -17.73 % change on previous year | +226.6% |
| 2012 | -15.03 % change on previous year | -15.2% |
| 2013 | -13.52 % change on previous year | -10.1% |
| 2014 | -7.16 % change on previous year | -47.0% |
| 2015 | 7.1 % change on previous year | -199.1% |
| 2016 | -16.16 % change on previous year | -327.6% |
| 2017 | 7.56 % change on previous year | -146.8% |
| 2018 | 5.09 % change on previous year | -32.7% |
| 2019 | 5.9 % change on previous year | +15.9% |
| 2020 | -34.81 % change on previous year | -689.7% |
| 2021 | 3.18 % change on previous year | -109.1% |
| 2022 | 2.03 % change on previous year | -36.2% |
| 2023 | -7.6 % change on previous year | -474.7% |
| 2024 | -5.19 % change on previous year | -31.7% |
Bermuda compared with similar countries
- Bermuda's -5.19 % change on previous year is below the median for high income countries, which is -2.19 % change on previous year, 2.4× the median. (75 countries reporting)
Biggest year-on-year movements
Years where Manufacturing value added to gdp, annual growth rate 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 |
|---|---|---|---|
| 2003 | -1634.9% | 1.3 % change on previous year | -19.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.54 % change on previous year | -19.95 % change on previous year | 1.92 % change on previous year | 4 |
| 2010s | -4.88 % change on previous year | -17.73 % change on previous year | 7.56 % change on previous year | 9 |
| 2020s | -8.48 % change on previous year | -34.81 % change on previous year | 3.18 % change on previous year | 5 |
Countries ranked near Bermuda
- 154 Cote d'Ivoire -4.89 % change on previous year compare
- 155 Vanuatu -5.12 % change on previous year compare
- 156 New Caledonia -5.17 % change on previous year compare
- 158 Bosnia and Herzegovina -5.28 % change on previous year compare
- 159 Georgia -5.34 % change on previous year compare
- 160 San Marino -5.55 % change on previous year compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (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$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
Frequently asked questions
- What is manufacturing value added to gdp, annual growth rate in Bermuda?
- Manufacturing value added to gdp, annual growth rate in Bermuda was -5.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing value added to gdp, annual growth rate recorded in Bermuda?
- The highest recorded value was 7.56 % change on previous year in 2017.
- What is the lowest manufacturing value added to gdp, annual growth rate recorded in Bermuda?
- The lowest recorded value was -34.81 % change on previous year in 2020.
- How does Bermuda rank for manufacturing value added to gdp, annual growth rate?
- Bermuda ranks 157th out of 202 countries with data for 2024.
- Is manufacturing value added to gdp, annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 27.6%. 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 to gdp, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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 Manufacturing value added to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Share of manufacturing in gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
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 Manufacturing value added to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.