Bermuda Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Bermuda's services value added was 92.35% in 2025, ranked 3rd globally. This represents a 1.0% increase from 2024. Data from World Bank, covering 2010–2025.
Overview
Bermuda's services value added stood at 92.35% in 2025, a rise of +0.89% from 2023. Based on recent trends, this figure is projected to reach 92.35% by 2025. Bermuda ranked 3rd globally.
Bermuda’s services value added has risen steadily over the 15‑year span from 88.92 in 2010 to a record 92.35 in 2025, positioning the territory at rank 3 globally according to the World Bank. The all‑time peak of 92.35 coincides with the most recent data point, while the trough of 88.92 marks the earliest observation in the series, illustrating a modest but consistent upward trajectory of roughly 3.43 units. This performance exceeds that of the Channel Islands (90.71) and Macao SAR, China (89.75), yet remains slightly below Hong Kong SAR, China’s 92.56 and the Isle of Man’s 93.89, underscoring Bermuda’s competitive standing among small, service‑oriented economies. The gradual increase reflects the territory’s deepening specialization in international finance and insurance services, sectors that have benefited from regulatory stability and a favorable tax regime. Continued diversification of high‑value services and resilience to external financial shocks will be crucial to sustain the upward trend in the coming years.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 92.84% | - | - |
| 2025* trend | 92.35% | - | - |
| 2025 | 92.35% | +0.89% | #3 |
| 2023 | 91.46% | +0.87% | #192 |
| 2022 | 90.58% | +0.08% | #193 |
| 2021 | 90.50% | +0.16% | #197 |
| 2020 | 90.33% | +1.19% | #199 |
| 2019 | 89.15% | −0.47% | #198 |
| 2018 | 89.62% | −0.09% | #199 |
| 2017 | 89.71% | −0.42% | #200 |
| 2016 | 90.13% | −0.28% | #200 |
| 2015 | 90.41% | −0.40% | #200 |
| 2014 | 90.82% | +0.75% | #199 |
| 2013 | 90.07% | −0.62% | #198 |
| 2012 | 90.69% | +0.94% | #197 |
| 2011 | 89.75% | +0.82% | #196 |
| 2010 | 88.92% | – | #194 |
Analysis
Bermuda's services value added was 92.35% in 2025, a rise of +0.89% from 2024. Based on trends, estimated 92.35% by 2025.
Frequently Asked Questions
Bermuda's services value added was 92.35% in 2025. Ranked 3rd globally. This represents a 1.0% increase from the previous year.
Bermuda's services value added peaked at 92.35% in 2025.
The lowest services value added in Bermuda was 88.92% in 2010.
Bermuda ranks 3rd globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Bermuda's services value added is projected to reach 92.35% by 2025 based on trend extrapolation.
The services value added of Bermuda in 2025 was 92.35%. This ranks 3rd in the world.
Cite this page
@misc{historysaid_bermuda_services-value-added,
title = {Bermuda Services Value Added},
url = {https://historysaid.com/bermuda/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}