Annual growth of the gross capital formation in Bermuda
Bermuda: Annual growth of the gross capital formation was 3.3% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Bermuda, 2015–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Bermuda recorded 3.3% for annual growth of the gross capital formation in 2024.
The figure is up 262.0% on the previous year and up 170.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Bermuda peaked at 15.5% in 2016 and was at its lowest, -24.7%, in 2020.
Bermuda ranks 82nd of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 1.2% | — |
| 2016 | 15.5% | +1160.6% |
| 2017 | 7.4% | -52.2% |
| 2018 | -1.7% | -122.4% |
| 2019 | 11.7% | -806.3% |
| 2020 | -24.7% | -310.8% |
| 2021 | 9.7% | -139.2% |
| 2022 | -3.2% | -133.2% |
| 2023 | -2.0% | -36.3% |
| 2024 | 3.3% | -262.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.8% | -1.7% | 15.5% | 5 |
| 2020s | -3.4% | -24.7% | 9.7% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Manufacturing, value added (constant LCU), per capita 427.72 constant LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 4.66 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 6,965 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.049 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual 13.18 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 6,965 current US$ per person (2024)
- Industry (including construction), value added (current US$), per 0.049 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 13.18 % change on previous year (2024)
- Manufacturing, value added (current US$), per capita 441.32 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0031 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Bermuda?
- Annual growth of the gross capital formation in Bermuda was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Bermuda?
- The highest recorded value was 15.5% in 2016.
- What is the lowest annual growth of the gross capital formation recorded in Bermuda?
- The lowest recorded value was -24.7% in 2020.
- How does Bermuda rank for annual growth of the gross capital formation?
- Bermuda ranks 82nd out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Bermuda?
- Over the last ten years it is up 170.6%. 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 growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under UN SDG Global Database (open, attribution requested).