Value Added (Total Manufacturing) — Value Standard Local Currency in Bermuda
Bermuda: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.9383 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Bermuda, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Bermuda stood at 0.9383 % change on previous year.
That represents a change of down 91.2% on the previous year and up 107.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Bermuda peaked at 20.09 % change on previous year in 1980 and was at its lowest, -39.52 % change on previous year, in 2020.
Bermuda ranks 177th of 231 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.31 % change on previous year | — |
| 1972 | 11.51 % change on previous year | -13.5% |
| 1973 | 14.49 % change on previous year | +25.8% |
| 1974 | 15.99 % change on previous year | +10.4% |
| 1975 | 10.37 % change on previous year | -35.2% |
| 1976 | 11.97 % change on previous year | +15.5% |
| 1977 | 8.54 % change on previous year | -28.6% |
| 1978 | 8.16 % change on previous year | -4.4% |
| 1979 | 16.26 % change on previous year | +99.1% |
| 1980 | 20.09 % change on previous year | +23.6% |
| 1981 | 9.37 % change on previous year | -53.4% |
| 1982 | 11.55 % change on previous year | +23.3% |
| 1983 | 11.37 % change on previous year | -1.6% |
| 1984 | 5.28 % change on previous year | -53.6% |
| 1985 | 10.66 % change on previous year | +101.9% |
| 1986 | 11.01 % change on previous year | +3.2% |
| 1987 | 9.39 % change on previous year | -14.7% |
| 1988 | 6.87 % change on previous year | -26.8% |
| 1989 | 6.11 % change on previous year | -11.0% |
| 1990 | 3.62 % change on previous year | -40.7% |
| 1991 | 3.61 % change on previous year | -0.4% |
| 1992 | 1.43 % change on previous year | -60.3% |
| 1993 | 6.99 % change on previous year | +388.5% |
| 1994 | 4.4 % change on previous year | -37.1% |
| 1995 | 7.73 % change on previous year | +75.9% |
| 1996 | 3.72 % change on previous year | -51.8% |
| 1997 | 7.81 % change on previous year | +109.9% |
| 1998 | 11.13 % change on previous year | +42.5% |
| 1999 | 6.12 % change on previous year | -45.0% |
| 2000 | 5.17 % change on previous year | -15.5% |
| 2001 | -9.34 % change on previous year | -280.7% |
| 2002 | 8.37 % change on previous year | -189.6% |
| 2003 | -14.88 % change on previous year | -277.9% |
| 2004 | 9.18 % change on previous year | -161.7% |
| 2005 | 2.66 % change on previous year | -71.1% |
| 2006 | 12.21 % change on previous year | +359.6% |
| 2007 | -11.88 % change on previous year | -197.3% |
| 2008 | -1.11 % change on previous year | -90.7% |
| 2009 | -20.27 % change on previous year | +1732.9% |
| 2010 | -9.21 % change on previous year | -54.6% |
| 2011 | -21.75 % change on previous year | +136.2% |
| 2012 | -14.15 % change on previous year | -34.9% |
| 2013 | -12.33 % change on previous year | -12.9% |
| 2014 | -7.91 % change on previous year | -35.9% |
| 2015 | 11.12 % change on previous year | -240.6% |
| 2016 | -13.07 % change on previous year | -217.6% |
| 2017 | 11.34 % change on previous year | -186.7% |
| 2018 | 6.32 % change on previous year | -44.2% |
| 2019 | 8.8 % change on previous year | +39.1% |
| 2020 | -39.52 % change on previous year | -549.2% |
| 2021 | 9.19 % change on previous year | -123.2% |
| 2022 | 10.64 % change on previous year | +15.8% |
| 2023 | 0.9383 % change on previous year | -91.2% |
Bermuda compared with similar countries
- Bermuda's 0.9383 % change on previous year is below the median for high income countries, which is 4.06 % change on previous year, 23% 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 |
|---|---|---|---|
| 2009 | -1732.9% | -1.11 % change on previous year | -20.27 % change on previous year |
| 2020 | -549.2% | 8.8 % change on previous year | -39.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.29 % change on previous year | 8.16 % change on previous year | 16.26 % change on previous year | 9 |
| 1980s | 10.17 % change on previous year | 5.28 % change on previous year | 20.09 % change on previous year | 10 |
| 1990s | 5.66 % change on previous year | 1.43 % change on previous year | 11.13 % change on previous year | 10 |
| 2000s | -1.99 % change on previous year | -20.27 % change on previous year | 12.21 % change on previous year | 10 |
| 2010s | -4.08 % change on previous year | -21.75 % change on previous year | 11.34 % change on previous year | 10 |
| 2020s | -4.69 % change on previous year | -39.52 % change on previous year | 10.64 % change on previous year | 4 |
Countries ranked near Bermuda
- 174 Libya 1.28 % change on previous year compare
- 175 Bosnia and Herzegovina 1.14 % change on previous year compare
- 176 China, mainland 1.08 % change on previous year compare
- 178 Bhutan 0.925 % change on previous year compare
- 179 Gabon 0.7919 % change on previous year compare
- 180 Azerbaijan 0.4182 % change on previous year 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 0.9383 % change on previous year 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 20.09 % change on previous year in 1980.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Bermuda?
- The lowest recorded value was -39.52 % change on previous year in 2020.
- How does Bermuda rank for value added (total manufacturing) — value standard local currency?
- Bermuda ranks 177th out of 231 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 up 107.6%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.