GDP (constant LCU), annual growth rate in Bermuda
Bermuda: GDP (constant LCU), 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
147th
of 213 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 LCU), annual growth rate in Bermuda, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (constant lcu), annual growth rate in Bermuda stood at 1.89 % change on previous year.
That represents a change of down 56.4% on the previous year and up 151.0% over ten years.
Over the whole period, gdp (constant lcu), 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 147th of 213 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 LCU), 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 | +938.6% |
| 1965 | 4.76 % change on previous year | -57.2% |
| 1966 | 14.36 % change on previous year | +201.8% |
| 1967 | 13.27 % 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 | 0.8771 % 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 | 0.4813 % 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 | -43.7% |
| 1988 | 4.06 % change on previous year | +8.2% |
| 1989 | 0.4438 % change on previous year | -89.1% |
| 1990 | 0.0192 % change on previous year | -95.7% |
| 1991 | -3.53 % change on previous year | -18472.8% |
| 1992 | -0.0598 % change on previous year | -98.3% |
| 1993 | 3.01 % change on previous year | -5129.9% |
| 1994 | 0.5996 % change on previous year | -80.1% |
| 1995 | 4.4 % change on previous year | +633.7% |
| 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 | -0.2796 % change on previous year | -94.7% |
| 2014 | -3.7 % change on previous year | +1223.7% |
| 2015 | 0.7756 % change on previous year | -121.0% |
| 2016 | -0.6572 % change on previous year | -184.7% |
| 2017 | 3.61 % change on previous year | -649.5% |
| 2018 | -0.4328 % change on previous year | -112.0% |
| 2019 | 0.3071 % change on previous year | -171.0% |
| 2020 | -6.97 % change on previous year | -2370.0% |
| 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 | 0.8771 % 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
- 144 Greece 2.07 % change on previous year compare
- 145 Serbia 2.03 % change on previous year compare
- 146 Lesotho 1.98 % change on previous year compare
- 148 Malawi 1.89 % change on previous year compare
- 149 Afghanistan 1.87 % change on previous year compare
- 150 Portugal 1.86 % change on previous year compare
More economy & growth data for Bermuda
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
- GNI, Atlas method (current US$), 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)
- 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 lcu), annual growth rate in Bermuda?
- Gdp (constant lcu), annual growth rate in Bermuda was 1.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), 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 lcu), 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 lcu), annual growth rate?
- Bermuda ranks 147th out of 213 countries with data for 2024.
- Is gdp (constant lcu), 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 LCU), 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 LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.