PPP conversion factor, GDP in Bermuda
Bermuda: PPP conversion factor, GDP was 1.2 LCU per international $ in 2024. ▲ Rising
PPP conversion factor, GDP in Bermuda, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2024, ppp conversion factor, gdp in Bermuda stood at 1.2 LCU per international $.
Compared with earlier readings it is up 2.4% on the previous year and down 14.6% over ten years.
Over the whole period, ppp conversion factor, gdp in Bermuda peaked at 1.45 LCU per international $ in 2012 and was at its lowest, 0.8734 LCU per international $, in 1990.
That places Bermuda 145th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.04 LCU per international $ | 0.8734 LCU per international $ | 1.26 LCU per international $ | 10 |
| 2000s | 1.29 LCU per international $ | 1.14 LCU per international $ | 1.43 LCU per international $ | 10 |
| 2010s | 1.37 LCU per international $ | 1.27 LCU per international $ | 1.45 LCU per international $ | 10 |
| 2020s | 1.2 LCU per international $ | 1.14 LCU per international $ | 1.26 LCU per international $ | 5 |
Countries ranked near Bermuda
- 142 Aruba 1.34 LCU per international $ compare
- 143 Dominica 1.31 LCU per international $ compare
- 144 Curacao 1.25 LCU per international $ compare
- 146 Canada 1.17 LCU per international $ compare
- 147 Belize 1.05 LCU per international $ compare
- 148 British Virgin Islands 1.02 LCU per international $ 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 ppp conversion factor, gdp in Bermuda?
- Ppp conversion factor, gdp in Bermuda was 1.2 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Bermuda?
- The highest recorded value was 1.45 LCU per international $ in 2012.
- What is the lowest ppp conversion factor, gdp recorded in Bermuda?
- The lowest recorded value was 0.8734 LCU per international $ in 1990.
- How does Bermuda rank for ppp conversion factor, gdp?
- Bermuda ranks 145th out of 204 countries with data for 2024.
- Is ppp conversion factor, gdp rising or falling in Bermuda?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.