Value Added (Total Manufacturing) — Value Standard Local Currency in Bermuda
Bermuda: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.4874 million SLC per square kilometre in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Bermuda, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Bermuda is 0.4874 million SLC per square kilometre, measured in 2023. That is the lowest value across all 54 years on record.
The figure is down 5.6% on the previous year and down 25.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Bermuda peaked at 2.42 million SLC per square kilometre in 2000 and was at its lowest, 0.4874 million SLC per square kilometre, in 2023.
That places Bermuda 107th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Bermuda, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 1.24 million SLC per square kilometre | — |
| 1971 | 1.28 million SLC per square kilometre | +3.4% |
| 1972 | 1.3 million SLC per square kilometre | +1.8% |
| 1973 | 1.32 million SLC per square kilometre | +1.5% |
| 1974 | 1.33 million SLC per square kilometre | +0.9% |
| 1975 | 1.38 million SLC per square kilometre | +3.8% |
| 1976 | 1.51 million SLC per square kilometre | +8.9% |
| 1977 | 1.54 million SLC per square kilometre | +2.5% |
| 1978 | 1.58 million SLC per square kilometre | +2.0% |
| 1979 | 1.68 million SLC per square kilometre | +6.6% |
| 1980 | 1.74 million SLC per square kilometre | +3.8% |
| 1981 | 1.68 million SLC per square kilometre | -3.5% |
| 1982 | 1.68 million SLC per square kilometre | +0.1% |
| 1983 | 1.7 million SLC per square kilometre | +0.9% |
| 1984 | 1.66 million SLC per square kilometre | -2.0% |
| 1985 | 1.73 million SLC per square kilometre | +4.3% |
| 1986 | 1.81 million SLC per square kilometre | +4.4% |
| 1987 | 1.88 million SLC per square kilometre | +3.9% |
| 1988 | 1.91 million SLC per square kilometre | +1.3% |
| 1989 | 1.91 million SLC per square kilometre | +0.2% |
| 1990 | 1.86 million SLC per square kilometre | -2.5% |
| 1991 | 1.86 million SLC per square kilometre | -0.0% |
| 1992 | 1.81 million SLC per square kilometre | -3.0% |
| 1993 | 1.86 million SLC per square kilometre | +2.9% |
| 1994 | 1.9 million SLC per square kilometre | +1.9% |
| 1995 | 2.01 million SLC per square kilometre | +5.8% |
| 1996 | 2.04 million SLC per square kilometre | +1.5% |
| 1997 | 2.13 million SLC per square kilometre | +4.7% |
| 1998 | 2.29 million SLC per square kilometre | +7.5% |
| 1999 | 2.35 million SLC per square kilometre | +2.8% |
| 2000 | 2.42 million SLC per square kilometre | +2.7% |
| 2001 | 2.24 million SLC per square kilometre | -7.5% |
| 2002 | 2.17 million SLC per square kilometre | -2.8% |
| 2003 | 2.07 million SLC per square kilometre | -4.9% |
| 2004 | 1.99 million SLC per square kilometre | -3.7% |
| 2005 | 1.97 million SLC per square kilometre | -1.0% |
| 2006 | 1.92 million SLC per square kilometre | -2.7% |
| 2007 | 1.78 million SLC per square kilometre | -7.2% |
| 2008 | 1.6 million SLC per square kilometre | -10.3% |
| 2009 | 1.49 million SLC per square kilometre | -6.7% |
| 2010 | 1.29 million SLC per square kilometre | -13.6% |
| 2011 | 1.18 million SLC per square kilometre | -8.6% |
| 2012 | 0.9801 million SLC per square kilometre | -16.7% |
| 2013 | 0.6581 million SLC per square kilometre | -32.9% |
| 2014 | 0.6562 million SLC per square kilometre | -0.3% |
| 2015 | 0.6336 million SLC per square kilometre | -3.4% |
| 2016 | 0.6488 million SLC per square kilometre | +2.4% |
| 2017 | 0.6904 million SLC per square kilometre | +6.4% |
| 2018 | 0.6733 million SLC per square kilometre | -2.5% |
| 2019 | 0.6731 million SLC per square kilometre | -0.0% |
| 2020 | 0.5432 million SLC per square kilometre | -19.3% |
| 2021 | 0.5092 million SLC per square kilometre | -6.3% |
| 2022 | 0.5165 million SLC per square kilometre | +1.4% |
| 2023 | 0.4874 million SLC per square kilometre | -5.6% |
Bermuda compared with similar countries
- Bermuda's 0.4874 million SLC per square kilometre is below the median for high income countries, which is 0.7488 million SLC per square kilometre, 65% of the median. (73 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2013 | -32.9% | 0.9801 million SLC per square kilometre | 0.6581 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.42 million SLC per square kilometre | 1.24 million SLC per square kilometre | 1.68 million SLC per square kilometre | 10 |
| 1980s | 1.77 million SLC per square kilometre | 1.66 million SLC per square kilometre | 1.91 million SLC per square kilometre | 10 |
| 1990s | 2.01 million SLC per square kilometre | 1.81 million SLC per square kilometre | 2.35 million SLC per square kilometre | 10 |
| 2000s | 1.96 million SLC per square kilometre | 1.49 million SLC per square kilometre | 2.42 million SLC per square kilometre | 10 |
| 2010s | 0.8078 million SLC per square kilometre | 0.6336 million SLC per square kilometre | 1.29 million SLC per square kilometre | 10 |
| 2020s | 0.5141 million SLC per square kilometre | 0.4874 million SLC per square kilometre | 0.5432 million SLC per square kilometre | 4 |
Countries ranked near Bermuda
- 104 Syria 0.5092 million SLC per square kilometre compare
- 105 Slovenia 0.5019 million SLC per square kilometre compare
- 106 Morocco 0.497 million SLC per square kilometre compare
- 108 Egypt 0.485 million SLC per square kilometre compare
- 109 Niger 0.479 million SLC per square kilometre compare
- 110 Kyrgyzstan 0.4689 million SLC per square kilometre compare
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ 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 capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Bermuda?
- Value added (total manufacturing) — value standard local currency in Bermuda was 0.4874 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Bermuda?
- The highest recorded value was 2.42 million SLC per square kilometre in 2000.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Bermuda?
- The lowest recorded value was 0.4874 million SLC per square kilometre in 2023.
- How does Bermuda rank for value added (total manufacturing) — value standard local currency?
- Bermuda ranks 107th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Bermuda?
- Over the last ten years it is down 25.9%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.