GNI growth in Bermuda
Bermuda: GNI growth was 2.2% in 2024. ◆ Volatile
GNI growth in Bermuda, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2024, gni growth in Bermuda stood at 2.2%.
That represents a change of down 68.5% on the previous year and up 469.6% over ten years.
Over the whole period, gni growth in Bermuda peaked at 6.9% in 2023 and was at its lowest, -10.5%, in 2020.
That places Bermuda 109th out of 163 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 |
|---|---|---|---|---|
| 2010s | 0.4% | -2.9% | 6.8% | 5 |
| 2020s | 2.0% | -10.5% | 6.9% | 5 |
Countries ranked near Bermuda
- 106 Saudi Arabia 2.4% compare
- 107 Israel 2.4% compare
- 108 Brazil 2.2% compare
- 110 Tunisia 2.1% compare
- 111 South Africa 2.1% compare
- 112 South Korea 2.1% compare
More economy & growth data for Bermuda
- Exports of goods and services 3.99 billion constant 2015 US$ (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 4.9% (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
- Exports of goods and services 5.07 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
Frequently asked questions
- What is gni growth in Bermuda?
- Gni growth in Bermuda was 2.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Bermuda?
- The highest recorded value was 6.9% in 2023.
- What is the lowest gni growth recorded in Bermuda?
- The lowest recorded value was -10.5% in 2020.
- How does Bermuda rank for gni growth?
- Bermuda ranks 109th out of 163 countries with data for 2024.
- Is gni growth rising or falling in Bermuda?
- Over the last ten years it is up 469.6%. 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 GNI growth (annual %). Statizoid updates them automatically from the source API.
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CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.