Annual growth rate of real GDP per capita (%) in Bermuda
Bermuda: Annual growth rate of real GDP per capita (%) was 1.1% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Bermuda, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth rate of real gdp per capita in Bermuda stood at 1.1%.
The figure is down 78.0% on the previous year and up 130.6% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Bermuda peaked at 6.7% in 2001 and was at its lowest, -7.2%, in 2020.
That places Bermuda 146th out of 228 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.3% | — |
| 2001 | 6.7% | +191.3% |
| 2002 | -1.9% | -128.4% |
| 2003 | 3.0% | -257.9% |
| 2004 | 2.1% | -30.0% |
| 2005 | 1.4% | -33.3% |
| 2006 | 4.4% | +214.3% |
| 2007 | 6.3% | +43.2% |
| 2008 | 3.9% | -38.1% |
| 2009 | -3.4% | -187.2% |
| 2010 | 0.3% | -108.8% |
| 2011 | -3.8% | -1366.7% |
| 2012 | -5.2% | +36.8% |
| 2013 | -0.2% | -96.2% |
| 2014 | -3.6% | +1700.0% |
| 2015 | 0.9% | -125.0% |
| 2016 | -0.6% | -166.7% |
| 2017 | 3.4% | -666.7% |
| 2018 | -0.8% | -123.5% |
| 2019 | -0.1% | -87.5% |
| 2020 | -7.2% | +7100.0% |
| 2021 | 4.2% | -158.3% |
| 2022 | 6.3% | +50.0% |
| 2023 | 5.0% | -20.6% |
| 2024 | 1.1% | -78.0% |
Bermuda compared with similar countries
- Bermuda's 1.1% is below the median for high income countries, which is 1.4%, 76% of the median. (74 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -7100.0% | -0.1% | -7.2% |
| 2014 | -1700.0% | -0.2% | -3.6% |
| 2011 | -1366.7% | 0.3% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -3.4% | 6.7% | 10 |
| 2010s | -1.0% | -5.2% | 3.4% | 10 |
| 2020s | 1.9% | -7.2% | 6.3% | 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 rate of real gdp per capita in Bermuda?
- Annual growth rate of real gdp per capita in Bermuda was 1.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Bermuda?
- The highest recorded value was 6.7% in 2001.
- What is the lowest annual growth rate of real gdp per capita recorded in Bermuda?
- The lowest recorded value was -7.2% in 2020.
- How does Bermuda rank for annual growth rate of real gdp per capita?
- Bermuda ranks 146th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Bermuda?
- Over the last ten years it is up 130.6%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).