Services, value added (current US$), per unit of GDP in Bermuda
Bermuda: Services, value added (current US$), per unit of GDP was 0.9131 current US$ per US$ of GDP in 2024. ▬ Flat
Services, value added (current US$), per unit of GDP in Bermuda, 2010–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, services, value added (current us$), per unit of gdp in Bermuda stood at 0.9131 current US$ per US$ of GDP.
The figure is down 0.2% on the previous year and up 0.5% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Bermuda peaked at 0.9148 current US$ per US$ of GDP in 2023 and was at its lowest, 0.8892 current US$ per US$ of GDP, in 2010.
Bermuda ranks 4th of 204 countries on this measure, in the top 10%.
Services, value added (current US$), per unit of GDP in Bermuda, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.8892 current US$ per US$ of GDP | — |
| 2011 | 0.8975 current US$ per US$ of GDP | +0.9% |
| 2012 | 0.9069 current US$ per US$ of GDP | +1.0% |
| 2013 | 0.9007 current US$ per US$ of GDP | -0.7% |
| 2014 | 0.9082 current US$ per US$ of GDP | +0.8% |
| 2015 | 0.9041 current US$ per US$ of GDP | -0.4% |
| 2016 | 0.9013 current US$ per US$ of GDP | -0.3% |
| 2017 | 0.8971 current US$ per US$ of GDP | -0.5% |
| 2018 | 0.8962 current US$ per US$ of GDP | -0.1% |
| 2019 | 0.8915 current US$ per US$ of GDP | -0.5% |
| 2020 | 0.9033 current US$ per US$ of GDP | +1.3% |
| 2021 | 0.905 current US$ per US$ of GDP | +0.2% |
| 2022 | 0.9052 current US$ per US$ of GDP | +0.0% |
| 2023 | 0.9148 current US$ per US$ of GDP | +1.1% |
| 2024 | 0.9131 current US$ per US$ of GDP | -0.2% |
Bermuda compared with similar countries
- Bermuda's 0.9131 current US$ per US$ of GDP is above the median for high income countries, which is 0.6616 current US$ per US$ of GDP, 1.4× the median. (77 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8993 current US$ per US$ of GDP | 0.8892 current US$ per US$ of GDP | 0.9082 current US$ per US$ of GDP | 10 |
| 2020s | 0.9083 current US$ per US$ of GDP | 0.9033 current US$ per US$ of GDP | 0.9148 current US$ per US$ of GDP | 5 |
Countries ranked near Bermuda
- 1 Isle of Man 0.9517 current US$ per US$ of GDP compare
- 2 Macao 0.9203 current US$ per US$ of GDP compare
- 3 Hong Kong 0.9145 current US$ per US$ of GDP compare
- 5 Sint Maarten (Dutch part) 0.8934 current US$ per US$ of GDP compare
- 6 Monaco 0.872 current US$ per US$ of GDP compare
- 7 Cayman Islands 0.8654 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 services, value added (current us$), per unit of gdp in Bermuda?
- Services, value added (current us$), per unit of gdp in Bermuda was 0.9131 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.9148 current US$ per US$ of GDP in 2023.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.8892 current US$ per US$ of GDP in 2010.
- How does Bermuda rank for services, value added (current us$), per unit of gdp?
- Bermuda ranks 4th out of 204 countries with data for 2024.
- Is services, value added (current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.