GDP in Bermuda
Bermuda: GDP was 7.53 billion constant 2015 US$ in 2024. ▲ Rising
GDP in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Bermuda is 7.53 billion constant 2015 US$, measured in 2024.
The figure is up 1.9% on the previous year and up 14.0% over ten years.
Over the whole period, gdp in Bermuda peaked at 8.35 billion constant 2015 US$ in 2007 and was at its lowest, 1.68 billion constant 2015 US$, in 1960.
That places Bermuda 159th out of 211 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.25 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 2.96 billion constant 2015 US$ | 10 |
| 1970s | 3.63 billion constant 2015 US$ | 3.15 billion constant 2015 US$ | 4.22 billion constant 2015 US$ | 10 |
| 1980s | 4.69 billion constant 2015 US$ | 4.41 billion constant 2015 US$ | 5.13 billion constant 2015 US$ | 10 |
| 1990s | 5.39 billion constant 2015 US$ | 4.94 billion constant 2015 US$ | 6.17 billion constant 2015 US$ | 10 |
| 2000s | 7.60 billion constant 2015 US$ | 6.74 billion constant 2015 US$ | 8.35 billion constant 2015 US$ | 10 |
| 2010s | 6.89 billion constant 2015 US$ | 6.60 billion constant 2015 US$ | 7.54 billion constant 2015 US$ | 10 |
| 2020s | 7.01 billion constant 2015 US$ | 6.36 billion constant 2015 US$ | 7.53 billion constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 156 Somalia 9.15 billion constant 2015 US$ compare
- 157 Mauritania 9.10 billion constant 2015 US$ compare
- 158 Equatorial Guinea 8.72 billion constant 2015 US$ compare
- 160 Isle of Man 7.10 billion constant 2015 US$ compare
- 161 Maldives 6.62 billion constant 2015 US$ compare
- 162 Barbados 6.50 billion constant 2015 US$ compare
More economy & growth data for Bermuda
- Exports of goods and services 5.07 billion current LCU (2024)
- Industry (including construction), value added 4.9% (2024)
- Gross national expenditure 6.07 billion current US$ (2024)
- Gross national expenditure 6.07 billion current LCU (2024)
- Gross national expenditure 4.88 billion constant 2015 US$ (2024)
- Industry (including construction), value added 380.83 million constant LCU (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
- Exports of goods and services 55.1% (2024)
Frequently asked questions
- What is gdp in Bermuda?
- Gdp in Bermuda was 7.53 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Bermuda?
- The highest recorded value was 8.35 billion constant 2015 US$ in 2007.
- What is the lowest gdp recorded in Bermuda?
- The lowest recorded value was 1.68 billion constant 2015 US$ in 1960.
- How does Bermuda rank for gdp?
- Bermuda ranks 159th out of 211 countries with data for 2024.
- Is gdp rising or falling in Bermuda?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.