Value Added (Total Manufacturing) — Value US$ in Bermuda
Bermuda: Value Added (Total Manufacturing) — Value US$ was 28.25 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Bermuda, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Bermuda recorded 28.25 million USD for value added (total manufacturing) — value us$ in 2023.
That represents a change of up 0.9% on the previous year and down 15.5% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Bermuda peaked at 90 million USD in 2006 and was at its lowest, 6.36 million USD, in 1970.
Bermuda ranks 207th of 220 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.42 million USD | 6.36 million USD | 17.99 million USD | 10 |
| 1980s | 33.7 million USD | 21.6 million USD | 47.09 million USD | 10 |
| 1990s | 61.55 million USD | 48.79 million USD | 81.37 million USD | 10 |
| 2000s | 78.74 million USD | 62.53 million USD | 90 million USD | 10 |
| 2010s | 37.42 million USD | 29.74 million USD | 56.77 million USD | 10 |
| 2020s | 26.17 million USD | 23.17 million USD | 28.25 million USD | 4 |
Countries ranked near Bermuda
- 204 Timor-Leste 34.21 million USD compare
- 205 Nauru 34.02 million USD compare
- 206 Vanuatu 30.16 million USD compare
- 208 British Virgin Islands 28.23 million USD compare
- 209 Tonga 22.87 million USD compare
- 210 Sint Maarten (Dutch part) 18.57 million USD compare
More economy & growth data for Bermuda
- External balance on goods and services as a percent of gdp 30.09 (2024)
- Imports of goods and services 1.73 billion constant 2015 US$ (2024)
- External balance on goods and services 2.77 billion current LCU (2024)
- External balance on goods and services 2.77 billion current US$ (2024)
- Imports of goods and services 25.1% (2024)
- Imports of goods and services 4.6% (2024)
- Imports of goods and services 2.30 billion current US$ (2024)
- GNI 9.49 billion current LCU (2024)
- Gross capital formation 11.0% (2024)
- GNI 9.49 billion current US$ (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Bermuda?
- Value added (total manufacturing) — value us$ in Bermuda was 28.25 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Bermuda?
- The highest recorded value was 90 million USD in 2006.
- What is the lowest value added (total manufacturing) — value us$ recorded in Bermuda?
- The lowest recorded value was 6.36 million USD in 1970.
- How does Bermuda rank for value added (total manufacturing) — value us$?
- Bermuda ranks 207th out of 220 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Bermuda?
- Over the last ten years it is down 15.5%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).