Annual GDP growth in Bermuda
Bermuda: Annual GDP growth was 6.0% in 2024. β Volatile
Latest (2024)
6.0%
Change on year
up 21.5%
World rank
23rd
of 197 countries
All-time high
9.3%
in 2000
All-time low
-6.8%
in 2020
Years of data
25
2000β2024
Annual GDP growth in Bermuda, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Bermuda recorded 6.0% for annual gdp growth in 2024.
That represents a change of up 21.5% on the previous year and up 261.4% over ten years.
Over the whole period, annual gdp growth in Bermuda peaked at 9.3% in 2000 and was at its lowest, -6.8%, in 2020.
Bermuda ranks 23rd of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4% | -5.6% | 9.3% | 10 |
| 2010s | -1.2% | -5.3% | 3.6% | 10 |
| 2020s | 3.0% | -6.8% | 6.5% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Gdp worldbank constant usd, annual growth rate 1.89 % change on previous year (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per capita 116,514 units per person (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 4.4 % change on previous year (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8191 units per US$ of GDP (2024)
Frequently asked questions
- What is annual gdp growth in Bermuda?
- Annual gdp growth in Bermuda was 6.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Bermuda?
- The highest recorded value was 9.3% in 2000.
- What is the lowest annual gdp growth recorded in Bermuda?
- The lowest recorded value was -6.8% in 2020.
- How does Bermuda rank for annual gdp growth?
- Bermuda ranks 23rd out of 197 countries with data for 2024.
- Is annual gdp growth rising or falling in Bermuda?
- Over the last ten years it is up 261.4%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).