GDP in Bermuda
Bermuda: GDP was 9.19 billion current US$ in 2024. ◆ Volatile
GDP in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gdp in Bermuda stood at 9.19 billion current US$. That is the highest value across all 65 years on record.
The figure is up 6.9% on the previous year and up 43.4% over ten years.
Over the whole period, gdp in Bermuda peaked at 9.19 billion current US$ in 2024 and was at its lowest, 72.40 million current US$, in 1960.
That places Bermuda 159th out of 213 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 106.71 million current US$ | 72.40 million current US$ | 164.90 million current US$ | 10 |
| 1970s | 338.62 million current US$ | 186.30 million current US$ | 517.20 million current US$ | 10 |
| 1980s | 1.04 billion current US$ | 613.30 million current US$ | 1.50 billion current US$ | 10 |
| 1990s | 2.27 billion current US$ | 1.59 billion current US$ | 3.32 billion current US$ | 10 |
| 2000s | 5.12 billion current US$ | 3.48 billion current US$ | 6.98 billion current US$ | 10 |
| 2010s | 6.76 billion current US$ | 6.31 billion current US$ | 7.42 billion current US$ | 10 |
| 2020s | 7.95 billion current US$ | 6.89 billion current US$ | 9.19 billion current US$ | 5 |
Countries ranked near Bermuda
- 156 Mauritania 11.68 billion current US$ compare
- 157 Monaco 11.13 billion current US$ compare
- 158 Montenegro 9.23 billion current US$ compare
- 160 Liechtenstein 8.91 billion current US$ compare
- 161 New Caledonia 8.55 billion current US$ compare
- 162 Barbados 8.02 billion current 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 9.19 billion current 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 9.19 billion current US$ in 2024.
- What is the lowest gdp recorded in Bermuda?
- The lowest recorded value was 72.40 million current US$ in 1960.
- How does Bermuda rank for gdp?
- Bermuda ranks 159th out of 213 countries with data for 2024.
- Is gdp rising or falling in Bermuda?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.