Bermuda - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Bermuda was $477,873,000 as of 2019. Over the past 23 years, the value for this indicator has fluctuated between $484,434,000 in 2005 and $203,498,600 in 1998.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 $223,717,400
1997 $237,559,000
1998 $203,498,600
1999 $289,225,700
2000 $385,365,000
2001 $379,403,000
2002 $377,345,000
2003 $400,577,000
2004 $431,355,000
2005 $484,434,000
2010 $437,715,000
2011 $357,767,000
2012 $326,483,000
2013 $342,621,000
2014 $320,997,000
2015 $341,004,000
2016 $369,131,000
2017 $393,492,000
2018 $411,970,000
2019 $477,873,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Bermuda was 477,873,000 as of 2019. As the graph below shows, over the past 23 years this indicator reached a maximum value of 484,434,000 in 2005 and a minimum value of 203,498,600 in 1998.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1996 223,717,400
1997 237,559,000
1998 203,498,600
1999 289,225,700
2000 385,365,000
2001 379,403,000
2002 377,345,000
2003 400,577,000
2004 431,355,000
2005 484,434,000
2010 437,715,000
2011 357,767,000
2012 326,483,000
2013 342,621,000
2014 320,997,000
2015 341,004,000
2016 369,131,000
2017 393,492,000
2018 411,970,000
2019 477,873,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Bermuda was 445,555,000 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 477,752,400 in 2010 and 341,004,000 in 2015.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 477,752,400
2011 409,246,300
2012 371,008,600
2013 357,249,200
2014 344,534,600
2015 341,004,000
2016 343,694,100
2017 358,067,700
2018 386,395,600
2019 445,555,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Bermuda was 15.31 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 15.31 in 2019 and a minimum value of -14.34 in 2011.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 -14.34
2012 -9.34
2013 -3.71
2014 -3.56
2015 -1.02
2016 0.79
2017 4.18
2018 7.91
2019 15.31

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Bermuda was 427,311,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 458,190,000 in 2010 and a minimum value of 327,041,000 in 2015.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 458,190,000
2011 392,489,000
2012 355,817,000
2013 342,621,000
2014 330,427,000
2015 327,041,000
2016 329,621,000
2017 343,406,000
2018 370,574,000
2019 427,311,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Bermuda was 6.39 as of 2019. Its highest value over the past 23 years was 11.07 in 2000, while its lowest value was 5.00 in 2014.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 8.30
1997 8.10
1998 6.50
1999 8.70
2000 11.07
2001 10.31
2002 9.58
2003 9.57
2004 9.62
2005 9.95
2010 6.60
2011 5.67
2012 5.12
2013 5.30
2014 5.00
2015 5.12
2016 5.35
2017 5.51
2018 5.70
2019 6.39

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts