GDP in Bermuda
Bermuda: GDP was 9.19 billion current LCU in 2024. ◆ Volatile
GDP in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gdp in Bermuda is 9.19 billion current LCU, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 43.4% over ten years.
Over the whole period, gdp in Bermuda peaked at 9.19 billion current LCU in 2024 and was at its lowest, 72.40 million current LCU, in 1960.
That places Bermuda 182nd out of 213 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 106.71 million current LCU | 72.40 million current LCU | 164.90 million current LCU | 10 |
| 1970s | 338.62 million current LCU | 186.30 million current LCU | 517.20 million current LCU | 10 |
| 1980s | 1.04 billion current LCU | 613.30 million current LCU | 1.50 billion current LCU | 10 |
| 1990s | 2.27 billion current LCU | 1.59 billion current LCU | 3.32 billion current LCU | 10 |
| 2000s | 5.12 billion current LCU | 3.48 billion current LCU | 6.98 billion current LCU | 10 |
| 2010s | 6.76 billion current LCU | 6.31 billion current LCU | 7.42 billion current LCU | 10 |
| 2020s | 7.95 billion current LCU | 6.89 billion current LCU | 9.19 billion current 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 9.19 billion current 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 9.19 billion current LCU in 2024.
- What is the lowest gdp recorded in Bermuda?
- The lowest recorded value was 72.40 million current LCU in 1960.
- How does Bermuda rank for gdp?
- Bermuda ranks 182nd out of 213 countries with data for 2024.
- Is gdp rising or falling in Bermuda?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.