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 175 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% |
Bermuda compared with similar countries
- Bermuda's 3.3% is above the median for high income countries, which is -0.2%. (55 countries reporting)
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
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (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 175 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.
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