GDP in Bermuda
Bermuda: GDP was 7.10 billion constant LCU in 2024. ▲ Rising
GDP in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Bermuda is 7.10 billion constant LCU, measured in 2024.
That represents a change of up 1.9% on the previous year and up 14.0% over ten years.
Over the whole period, gdp in Bermuda peaked at 7.88 billion constant LCU in 2007 and was at its lowest, 1.59 billion constant LCU, in 1960.
Bermuda ranks 181st of 214 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.12 billion constant LCU | 1.59 billion constant LCU | 2.80 billion constant LCU | 10 |
| 1970s | 3.42 billion constant LCU | 2.97 billion constant LCU | 3.98 billion constant LCU | 10 |
| 1980s | 4.43 billion constant LCU | 4.16 billion constant LCU | 4.83 billion constant LCU | 10 |
| 1990s | 5.09 billion constant LCU | 4.66 billion constant LCU | 5.81 billion constant LCU | 10 |
| 2000s | 7.17 billion constant LCU | 6.36 billion constant LCU | 7.88 billion constant LCU | 10 |
| 2010s | 6.50 billion constant LCU | 6.23 billion constant LCU | 7.11 billion constant LCU | 10 |
| 2020s | 6.61 billion constant LCU | 6.00 billion constant LCU | 7.10 billion constant LCU | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- External balance on goods and services as a percent of GDP 30.1% (2024)
- GDP per capita 116,514 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.3% (2024)
- Gross domestic product (GDP) 7.53 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 116,514 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -229.00 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -229.00 million current US$ (2024)
- Taxes less subsidies on products 332.49 million current LCU (2024)
- Taxes less subsidies on products 332.49 million current US$ (2024)
Frequently asked questions
- What is gdp in Bermuda?
- Gdp in Bermuda was 7.10 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Bermuda?
- The highest recorded value was 7.88 billion constant LCU in 2007.
- What is the lowest gdp recorded in Bermuda?
- The lowest recorded value was 1.59 billion constant LCU in 1960.
- How does Bermuda rank for gdp?
- Bermuda ranks 181st out of 214 countries with data for 2024.
- Is gdp rising or falling in Bermuda?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.