Services, value added (constant 2015 US$), per unit of GDP in Bermuda
Bermuda: Services, value added (constant 2015 US$), per unit of GDP was 0.7454 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Services, value added (constant 2015 US$), per unit of GDP in Bermuda, 2010–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, services, value added (constant 2015 us$), per unit of gdp in Bermuda stood at 0.7454 constant 2015 US$ per US$ of GDP. That is the lowest value across all 15 years on record.
That represents a change of down 4.8% on the previous year and down 20.4% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Bermuda peaked at 1.04 constant 2015 US$ per US$ of GDP in 2011 and was at its lowest, 0.7454 constant 2015 US$ per US$ of GDP, in 2024.
That places Bermuda 9th out of 195 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 15 years of available data.
Services, value added (constant 2015 US$), per unit of GDP in Bermuda, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2010 | 1.02 constant 2015 US$ per US$ of GDP | — |
| 2011 | 1.04 constant 2015 US$ per US$ of GDP | +1.5% |
| 2012 | 0.9771 constant 2015 US$ per US$ of GDP | -5.9% |
| 2013 | 0.9614 constant 2015 US$ per US$ of GDP | -1.6% |
| 2014 | 0.9358 constant 2015 US$ per US$ of GDP | -2.7% |
| 2015 | 0.9041 constant 2015 US$ per US$ of GDP | -3.4% |
| 2016 | 0.8647 constant 2015 US$ per US$ of GDP | -4.4% |
| 2017 | 0.8652 constant 2015 US$ per US$ of GDP | +0.1% |
| 2018 | 0.8494 constant 2015 US$ per US$ of GDP | -1.8% |
| 2019 | 0.8229 constant 2015 US$ per US$ of GDP | -3.1% |
| 2020 | 0.8272 constant 2015 US$ per US$ of GDP | +0.5% |
| 2021 | 0.8233 constant 2015 US$ per US$ of GDP | -0.5% |
| 2022 | 0.8264 constant 2015 US$ per US$ of GDP | +0.4% |
| 2023 | 0.7828 constant 2015 US$ per US$ of GDP | -5.3% |
| 2024 | 0.7454 constant 2015 US$ per US$ of GDP | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.9243 constant 2015 US$ per US$ of GDP | 0.8229 constant 2015 US$ per US$ of GDP | 1.04 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.801 constant 2015 US$ per US$ of GDP | 0.7454 constant 2015 US$ per US$ of GDP | 0.8272 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Bermuda
- 6 Sint Maarten (Dutch part) 0.8074 constant 2015 US$ per US$ of GDP compare
- 7 Japan 0.8012 constant 2015 US$ per US$ of GDP compare
- 8 Egypt 0.7515 constant 2015 US$ per US$ of GDP compare
- 10 Iran, Islamic Republic of 0.7451 constant 2015 US$ per US$ of GDP compare
- 11 Hong Kong 0.7355 constant 2015 US$ per US$ of GDP compare
- 12 Yemen 0.7119 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Bermuda
- GDP (current US$), annual growth rate 6.88 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.92 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7902 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 112,409 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.92 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7413 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 105,450 constant LCU per person (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8191 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
Frequently asked questions
- What is services, value added (constant 2015 us$), per unit of gdp in Bermuda?
- Services, value added (constant 2015 us$), per unit of gdp in Bermuda was 0.7454 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 1.04 constant 2015 US$ per US$ of GDP in 2011.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.7454 constant 2015 US$ per US$ of GDP in 2024.
- How does Bermuda rank for services, value added (constant 2015 us$), per unit of gdp?
- Bermuda ranks 9th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.