Share of manufacturing in gross domestic product (GDP) in Bermuda

Bermuda: Share of manufacturing in gross domestic product (GDP) was 0.3% in 2024. β—† Volatile

Latest (2024)
0.3%
Change on year
down 5.2%
World rank
201st
of 202 countries
All-time high
2.1%
in 2002
All-time low
0.3%
in 2024
Years of data
20
2001–2024

Share of manufacturing in gross domestic product (GDP) in Bermuda, 2001–2024

0.511.522001201220242001: 2.1 % of GDP2002: 2.1 % of GDP2003: 1.7 % of GDP2004: 1.7 % of GDP2005: 1.6 % of GDP2010: 0.855 % of GDP2011: 0.704 % of GDP2012: 0.598 % of GDP2013: 0.517 % of GDP2014: 0.48 % of GDP2015: 0.514 % of GDP2016: 0.431 % of GDP2017: 0.464 % of GDP2018: 0.487 % of GDP2019: 0.516 % of GDP2020: 0.336 % of GDP2021: 0.347 % of GDP2022: 0.354 % of GDP2023: 0.327 % of GDP2024: 0.31 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for share of manufacturing in gross domestic product (gdp) in Bermuda is 0.3%, measured in 2024. That is the lowest value across all 20 years on record.

Compared with earlier readings it is down 5.2% on the previous year and down 35.4% over ten years.

Over the whole period, share of manufacturing in gross domestic product (gdp) in Bermuda peaked at 2.1% in 2002 and was at its lowest, 0.3%, in 2024.

Bermuda ranks 201st 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.9% 1.6% 2.1% 5
2010s 0.6% 0.4% 0.9% 10
2020s 0.3% 0.3% 0.4% 5

Countries ranked near Bermuda

  1. 198 Sao Tome and Principe 0.6% compare
  2. 199 Micronesia (country) 0.5% compare
  3. 200 Turks and Caicos Islands 0.4% compare
  4. 202 Venezuela 0.0% compare

See the full ranking of 202 places β†’

More economy & growth data for Bermuda

All data for Bermuda β†’

Frequently asked questions

What is share of manufacturing in gross domestic product (gdp) in Bermuda?
Share of manufacturing in gross domestic product (gdp) in Bermuda was 0.3% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest share of manufacturing in gross domestic product (gdp) recorded in Bermuda?
The highest recorded value was 2.1% in 2002.
What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Bermuda?
The lowest recorded value was 0.3% in 2024.
How does Bermuda rank for share of manufacturing in gross domestic product (gdp)?
Bermuda ranks 201st out of 202 countries with data for 2024.
Is share of manufacturing in gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of manufacturing in gross domestic product (GDP)
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
202 places, 8,227 data points, 1960–2025
Last refreshed

Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.