Services value added — all countries

Services value added — Bermuda

Services value added in Bermuda in 2024 — 8,395,473,000 US$. Ranked 132 in the world out of 188. Since 2010, the indicator has risen by 42.3%.

2024 8.4B US$ +6.68% vs 2023
World rank 132of 188
Period maximum 8.4B US$2024
Period minimum 5.67B US$2011

Trend over time

2010–2024 · US$

Services value added — Bermuda, 2010–20245B6B7B8B9B201020122014201620182020202220242010: 5,899,476,000 US$2011: 5,665,332,000 US$2012: 5,784,193,000 US$2013: 5,823,723,000 US$2014: 5,824,886,000 US$2015: 6,016,445,000 US$2016: 6,219,047,000 US$2017: 6,407,248,000 US$2018: 6,475,693,000 US$2019: 6,617,661,000 US$2020: 6,221,630,000 US$2021: 6,597,237,000 US$2022: 7,031,740,000 US$2023: 7,869,629,000 US$2024: 8,395,473,000 US$
Change over the period: +2.5B (+42.31%) Average annual rate: 2.55 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Bermuda

Bermuda 8.4B US$
World 70.69T US$
High-income countries computed 25.79T US$
Services value added — Bermuda, by year Bermuda All countries CSV XLSX
Year US$ Change Change, %
2024 8.4B +526M +6.68%
2023 7.87B +838M +11.92%
2022 7.03B +435M +6.59%
2021 6.6B +376M +6.04%
2020 6.22B −396M −5.98%
2019 6.62B +142M +2.19%
2018 6.48B +68.45M +1.07%
2017 6.41B +188M +3.03%
2016 6.22B +203M +3.37%
2015 6.02B +192M +3.29%
2014 5.82B +1.16M +0.02%
2013 5.82B +39.53M +0.68%
2012 5.78B +119M +2.1%
2011 5.67B −234M −3.97%
2010 5.9B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.