Adjusted savings: gross savings in Bermuda
Bermuda: Adjusted savings: gross savings was 40.4% in 2021. ▲ Rising
Adjusted savings: gross savings in Bermuda, 2010–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Bermuda is 40.4%, measured in 2021. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 12.1% over ten years.
Over the whole period, adjusted savings: gross savings in Bermuda peaked at 40.4% in 2021 and was at its lowest, 36.0%, in 2011.
Bermuda ranks 12th of 178 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Adjusted savings: gross savings in Bermuda, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2010 | 37.7% | — |
| 2011 | 36.0% | -4.3% |
| 2012 | 37.7% | +4.7% |
| 2013 | 38.3% | +1.5% |
| 2014 | 38.2% | -0.3% |
| 2015 | 38.6% | +1.0% |
| 2016 | 38.2% | -0.8% |
| 2017 | 38.9% | +1.7% |
| 2018 | 39.1% | +0.5% |
| 2019 | 37.9% | -2.9% |
| 2020 | 38.1% | +0.6% |
| 2021 | 40.4% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 38.1% | 36.0% | 39.1% | 10 |
| 2020s | 39.3% | 38.1% | 40.4% | 2 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Services, value added (constant 2015 US$), annual growth rate 1.77 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.98 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 4.9 % change on previous year (2024)
- Services, value added (constant LCU), per capita 99,336 constant LCU per person (2024)
- Services, value added (constant 2015 US$), per capita 106,029 constant 2015 US$ per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.7454 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (current LCU), per unit of GDP 0.9131 current LCU per US$ of GDP (2024)
- Services, value added (current US$), per capita 129,888 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Bermuda?
- Adjusted savings: gross savings in Bermuda was 40.4% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Bermuda?
- The highest recorded value was 40.4% in 2021.
- What is the lowest adjusted savings: gross savings recorded in Bermuda?
- The lowest recorded value was 36.0% in 2011.
- How does Bermuda rank for adjusted savings: gross savings?
- Bermuda ranks 12th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Bermuda?
- Over the last ten years it is up 12.1%. 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 Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which 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.