Services, value added (current US$), annual growth rate in Bermuda
Bermuda: Services, value added (current US$), annual growth rate was 6.68 % change on previous year in 2024. ◆ Volatile
Services, value added (current US$), annual growth rate in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Bermuda is 6.68 % change on previous year, measured in 2024.
The figure is down 43.9% on the previous year and up 33,159.4% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Bermuda peaked at 11.92 % change on previous year in 2023 and was at its lowest, -5.98 % change on previous year, in 2020.
That places Bermuda 129th out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -3.97 % change on previous year | — |
| 2012 | 2.1 % change on previous year | -152.9% |
| 2013 | 0.6834 % change on previous year | -67.4% |
| 2014 | 0.0201 % change on previous year | -97.1% |
| 2015 | 3.29 % change on previous year | +16268.4% |
| 2016 | 3.37 % change on previous year | +2.4% |
| 2017 | 3.03 % change on previous year | -10.1% |
| 2018 | 1.07 % change on previous year | -64.7% |
| 2019 | 2.19 % change on previous year | +105.2% |
| 2020 | -5.98 % change on previous year | -373.0% |
| 2021 | 6.04 % change on previous year | -200.9% |
| 2022 | 6.59 % change on previous year | +9.1% |
| 2023 | 11.92 % change on previous year | +80.9% |
| 2024 | 6.68 % change on previous year | -43.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.31 % change on previous year | -3.97 % change on previous year | 3.37 % change on previous year | 9 |
| 2020s | 5.05 % change on previous year | -5.98 % change on previous year | 11.92 % change on previous year | 5 |
Countries ranked near Bermuda
- 126 Vanuatu 6.95 % change on previous year compare
- 127 Italy 6.79 % change on previous year compare
- 128 Costa Rica 6.71 % change on previous year compare
- 130 Mongolia 6.62 % change on previous year compare
- 131 South Africa 6.62 % change on previous year compare
- 132 Cayman Islands 6.48 % change on previous year compare
More economy & growth data for Bermuda
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 105,450 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.88 % change on previous year (2024)
- GDP (current US$), per capita 142,250 current US$ per person (2024)
- GDP (current LCU), annual growth rate 6.88 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 142,250 current LCU per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.7454 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant LCU), annual growth rate 1.89 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 116,514 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Bermuda?
- Services, value added (current us$), annual growth rate in Bermuda was 6.68 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 11.92 % change on previous year in 2023.
- What is the lowest services, value added (current us$), annual growth rate recorded in Bermuda?
- The lowest recorded value was -5.98 % change on previous year in 2020.
- How does Bermuda rank for services, value added (current us$), annual growth rate?
- Bermuda ranks 129th out of 204 countries with data for 2024.
- Is services, value added (current us$), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 33,159.4%. 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 Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.