GDP (constant 2015 US$), annual growth rate in Bermuda
Bermuda: GDP (constant 2015 US$), annual growth rate was 1.89 % change on previous year in 2024. ◆ Volatile
Latest (2024)
1.89 % change on previous year
Change on year
down 56.4%
World rank
146th
of 210 countries
All-time high
14.36 % change on previous year
in 1966
All-time low
-6.97 % change on previous year
in 2020
Years of data
64
1961–2024
GDP (constant 2015 US$), annual growth rate in Bermuda, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant 2015 us$), annual growth rate in Bermuda is 1.89 % change on previous year, measured in 2024.
The figure is down 56.4% on the previous year and up 151.0% over ten years.
Over the whole period, gdp (constant 2015 us$), annual growth rate in Bermuda peaked at 14.36 % change on previous year in 1966 and was at its lowest, -6.97 % change on previous year, in 2020.
Bermuda ranks 146th of 210 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant 2015 US$), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.68 % change on previous year | — |
| 1962 | 4.47 % change on previous year | -4.5% |
| 1963 | 1.07 % change on previous year | -76.1% |
| 1964 | 11.11 % change on previous year | +938.8% |
| 1965 | 4.76 % change on previous year | -57.2% |
| 1966 | 14.36 % change on previous year | +201.8% |
| 1967 | 13.28 % change on previous year | -7.6% |
| 1968 | 2.11 % change on previous year | -84.1% |
| 1969 | 3.44 % change on previous year | +63.2% |
| 1970 | 6.31 % change on previous year | +83.7% |
| 1971 | 3.44 % change on previous year | -45.5% |
| 1972 | 1.81 % change on previous year | -47.3% |
| 1973 | 1.48 % change on previous year | -18.2% |
| 1974 | 0.8772 % change on previous year | -40.9% |
| 1975 | 3.77 % change on previous year | +329.6% |
| 1976 | 8.94 % change on previous year | +137.2% |
| 1977 | 5.9 % change on previous year | -34.0% |
| 1978 | 1.45 % change on previous year | -75.4% |
| 1979 | 2.15 % change on previous year | +47.9% |
| 1980 | 7.94 % change on previous year | +269.8% |
| 1981 | 2.38 % change on previous year | -70.0% |
| 1982 | -5.29 % change on previous year | -322.0% |
| 1983 | 2.01 % change on previous year | -138.0% |
| 1984 | 0.4814 % change on previous year | -76.0% |
| 1985 | -2 % change on previous year | -516.2% |
| 1986 | 6.67 % change on previous year | -432.8% |
| 1987 | 3.75 % change on previous year | -43.8% |
| 1988 | 4.06 % change on previous year | +8.2% |
| 1989 | 0.4437 % change on previous year | -89.1% |
| 1990 | 0.0193 % change on previous year | -95.6% |
| 1991 | -3.53 % change on previous year | -18403.6% |
| 1992 | -0.0598 % change on previous year | -98.3% |
| 1993 | 3.01 % change on previous year | -5128.0% |
| 1994 | 0.5995 % change on previous year | -80.1% |
| 1995 | 4.4 % change on previous year | +633.8% |
| 1996 | 2.6 % change on previous year | -40.9% |
| 1997 | 4.6 % change on previous year | +76.9% |
| 1998 | 3.9 % change on previous year | -15.2% |
| 1999 | 3.38 % change on previous year | -13.3% |
| 2000 | 9.32 % change on previous year | +175.4% |
| 2001 | 7.22 % change on previous year | -22.5% |
| 2002 | -1.48 % change on previous year | -120.5% |
| 2003 | 3.41 % change on previous year | -330.8% |
| 2004 | 2.32 % change on previous year | -31.9% |
| 2005 | 1.67 % change on previous year | -27.9% |
| 2006 | 5.54 % change on previous year | +231.1% |
| 2007 | 3.35 % change on previous year | -39.7% |
| 2008 | -1.87 % change on previous year | -155.8% |
| 2009 | -5.63 % change on previous year | +201.5% |
| 2010 | -2.5 % change on previous year | -55.5% |
| 2011 | -3.74 % change on previous year | +49.5% |
| 2012 | -5.31 % change on previous year | +41.7% |
| 2013 | -0.2797 % change on previous year | -94.7% |
| 2014 | -3.7 % change on previous year | +1223.5% |
| 2015 | 0.7755 % change on previous year | -121.0% |
| 2016 | -0.6571 % change on previous year | -184.7% |
| 2017 | 3.61 % change on previous year | -649.6% |
| 2018 | -0.4327 % change on previous year | -112.0% |
| 2019 | 0.307 % change on previous year | -171.0% |
| 2020 | -6.97 % change on previous year | -2370.6% |
| 2021 | 4.76 % change on previous year | -168.3% |
| 2022 | 6.26 % change on previous year | +31.3% |
| 2023 | 4.33 % change on previous year | -30.7% |
| 2024 | 1.89 % change on previous year | -56.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.59 % change on previous year | 1.07 % change on previous year | 14.36 % change on previous year | 9 |
| 1970s | 3.61 % change on previous year | 0.8772 % change on previous year | 8.94 % change on previous year | 10 |
| 1980s | 2.04 % change on previous year | -5.29 % change on previous year | 7.94 % change on previous year | 10 |
| 1990s | 1.89 % change on previous year | -3.53 % change on previous year | 4.6 % change on previous year | 10 |
| 2000s | 2.39 % change on previous year | -5.63 % change on previous year | 9.32 % change on previous year | 10 |
| 2010s | -1.19 % change on previous year | -5.31 % change on previous year | 3.61 % change on previous year | 10 |
| 2020s | 2.05 % change on previous year | -6.97 % change on previous year | 6.26 % change on previous year | 5 |
Countries ranked near Bermuda
- 143 Greece 2.07 % change on previous year compare
- 144 Serbia 2.03 % change on previous year compare
- 145 Lesotho 1.98 % change on previous year compare
- 147 Malawi 1.88 % change on previous year compare
- 148 Afghanistan 1.87 % change on previous year compare
- 149 Portugal 1.86 % change on previous year compare
More economy & growth data for Bermuda
- GNI, Atlas method (current US$), annual growth rate 4.33 % change on previous year (2024)
- Gross domestic savings (current LCU), per capita 63,986 current LCU per person (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.4498 current LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8191 constant 2015 US$ per US$ of GDP (2024)
- Gross domestic savings (current LCU), annual growth rate 10.52 % change on previous year (2024)
- Gross domestic savings (current US$), per capita 63,986 current US$ per person (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4498 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9798 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 10.52 % change on previous year (2024)
- GDP (constant LCU), per capita 109,864 constant LCU per person (2024)
Frequently asked questions
- What is gdp (constant 2015 us$), annual growth rate in Bermuda?
- Gdp (constant 2015 us$), annual growth rate in Bermuda was 1.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant 2015 us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 14.36 % change on previous year in 1966.
- What is the lowest gdp (constant 2015 us$), annual growth rate recorded in Bermuda?
- The lowest recorded value was -6.97 % change on previous year in 2020.
- How does Bermuda rank for gdp (constant 2015 us$), annual growth rate?
- Bermuda ranks 146th out of 210 countries with data for 2024.
- Is gdp (constant 2015 us$), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 151.0%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.