Value Added (Total Manufacturing) — Value US$, annual growth rate in Bermuda

Bermuda: Value Added (Total Manufacturing) — Value US$, annual growth rate was 0.9383 % change on previous year in 2023. ◆ Volatile

Latest (2023)
0.9383 % change on previous year
Change on year
down 91.2%
World rank
163rd
of 236 countries
All-time high
20.09 % change on previous year
in 1980
All-time low
-39.52 % change on previous year
in 2020
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in Bermuda, 1971–2023

-40-20020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value us$, annual growth rate in Bermuda is 0.9383 % change on previous year, measured in 2023.

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 us$, annual growth rate 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 163rd of 236 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value US$, annual growth rate in Bermuda, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in Bermuda, 1971 to 2023.
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%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate 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.

YearChange FromTo
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

DecadeAverage LowestHighest 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

  1. 160 Fiji 1.64 % change on previous year compare
  2. 161 Bolivia (Plurinational State of) 1.57 % change on previous year compare
  3. 162 Libya 1.28 % change on previous year compare
  4. 164 Uganda 0.5853 % change on previous year compare
  5. 165 Belgium 0.5461 % change on previous year compare
  6. 166 Ghana 0.5246 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Bermuda

All data for Bermuda →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in Bermuda?
Value added (total manufacturing) — value us$, annual growth rate in Bermuda was 0.9383 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Bermuda?
The highest recorded value was 20.09 % change on previous year in 1980.
What is the lowest value added (total manufacturing) — value us$, annual growth rate 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 us$, annual growth rate?
Bermuda ranks 163rd out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate 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 US$, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, annual growth rate in Bermuda. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/bermuda/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.