Value Added (Manufacture of food and beverages) — Value Standard in Bermuda
Bermuda: Value Added (Manufacture of food and beverages) — Value Standard was 3.91 million SLC in 2020. ▼ Falling
Value Added (Manufacture of food and beverages) — Value Standard in Bermuda, 1996–2020
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (manufacture of food and beverages) — value standard in Bermuda is 3.91 million SLC, measured in 2020.
That represents a change of down 27.5% on the previous year and down 30.0% over ten years.
Over the whole period, value added (manufacture of food and beverages) — value standard in Bermuda peaked at 8.86 million SLC in 2006 and was at its lowest, 3.28 million SLC, in 2013.
Bermuda ranks 44th of 44 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Value Added (Manufacture of food and beverages) — Value Standard in Bermuda, year by year
| Year | million SLC | Change |
|---|---|---|
| 1996 | 6.31 million SLC | — |
| 1997 | 6.8 million SLC | +7.8% |
| 1998 | 7.56 million SLC | +11.1% |
| 1999 | 8.01 million SLC | +6.0% |
| 2000 | 8.43 million SLC | +5.2% |
| 2001 | 7.64 million SLC | -9.3% |
| 2002 | 8.28 million SLC | +8.4% |
| 2003 | 7.05 million SLC | -14.9% |
| 2004 | 7.69 million SLC | +9.2% |
| 2005 | 7.9 million SLC | +2.7% |
| 2006 | 8.86 million SLC | +12.2% |
| 2007 | 7.81 million SLC | -11.9% |
| 2008 | 7.72 million SLC | -1.1% |
| 2009 | 6.16 million SLC | -20.3% |
| 2010 | 5.59 million SLC | -9.2% |
| 2011 | 4.37 million SLC | -21.8% |
| 2012 | 3.76 million SLC | -14.2% |
| 2013 | 3.28 million SLC | -12.7% |
| 2014 | 3.3 million SLC | +0.8% |
| 2015 | 3.74 million SLC | +13.3% |
| 2016 | 3.56 million SLC | -4.9% |
| 2017 | 4.3 million SLC | +20.8% |
| 2018 | 4 million SLC | -6.9% |
| 2019 | 5.4 million SLC | +35.0% |
| 2020 | 3.91 million SLC | -27.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.17 million SLC | 6.31 million SLC | 8.01 million SLC | 4 |
| 2000s | 7.75 million SLC | 6.16 million SLC | 8.86 million SLC | 10 |
| 2010s | 4.13 million SLC | 3.28 million SLC | 5.59 million SLC | 10 |
| 2020s | 3.91 million SLC | 3.91 million SLC | 3.91 million SLC | 1 |
Countries ranked near Bermuda
- 41 Oman 173.49 million SLC compare
- 42 Montenegro 68.95 million SLC compare
- 43 Marshall Islands 5.35 million SLC compare
More agriculture & rural data for Bermuda
- Agriculture, forestry, and fishing, value added (current US$), annual -0.8174 % change on previous year (2024)
- Agriculture as a share of GDP vs. GDP per capita 0.2% (2024)
- Share of GDP from agriculture 0.2% (2024)
- Agricultural raw materials exports 0.0% (2024)
- Agricultural raw materials imports 0.6% (2024)
- Rural population 0.0% (2025)
- Rural population 0 (2025)
- Agriculture, forestry, and fishing, value added 0.2% (2024)
- Agriculture, forestry, and fishing, value added 16.38 million current US$ (2024)
- Rural population, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is value added (manufacture of food and beverages) — value standard in Bermuda?
- Value added (manufacture of food and beverages) — value standard in Bermuda was 3.91 million SLC in 2020, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (manufacture of food and beverages) — value standard recorded in Bermuda?
- The highest recorded value was 8.86 million SLC in 2006.
- What is the lowest value added (manufacture of food and beverages) — value standard recorded in Bermuda?
- The lowest recorded value was 3.28 million SLC in 2013.
- How does Bermuda rank for value added (manufacture of food and beverages) — value standard?
- Bermuda ranks 44th out of 44 countries with data for 2020.
- Is value added (manufacture of food and beverages) — value standard rising or falling in Bermuda?
- Over the last ten years it is down 30.0%. The long-run trend across the full record is falling.
- 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 (Manufacture of food and beverages) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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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).