GDP in Bermuda
Bermuda: GDP was 9.19 billion current US$ in 2024. ◆ Volatile
GDP in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gdp in Bermuda stood at 9.19 billion current US$. That is the highest value across all 65 years on record.
The figure 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 US$ in 2024 and was at its lowest, 72.40 million current US$, in 1960.
That places Bermuda 157th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 106.71 million current US$ | 72.40 million current US$ | 164.90 million current US$ | 10 |
| 1970s | 338.62 million current US$ | 186.30 million current US$ | 517.20 million current US$ | 10 |
| 1980s | 1.04 billion current US$ | 613.30 million current US$ | 1.50 billion current US$ | 10 |
| 1990s | 2.27 billion current US$ | 1.59 billion current US$ | 3.32 billion current US$ | 10 |
| 2000s | 5.12 billion current US$ | 3.48 billion current US$ | 6.98 billion current US$ | 10 |
| 2010s | 6.76 billion current US$ | 6.31 billion current US$ | 7.42 billion current US$ | 10 |
| 2020s | 7.95 billion current US$ | 6.89 billion current US$ | 9.19 billion current US$ | 5 |
Countries ranked near Bermuda
- 154 Mauritania 11.68 billion current US$ compare
- 155 Monaco 11.13 billion current US$ compare
- 156 Montenegro 9.23 billion current US$ compare
- 159 New Caledonia 8.55 billion current US$ compare
- 160 Barbados 8.02 billion current US$ compare
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 US$ 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 US$ in 2024.
- What is the lowest gdp recorded in Bermuda?
- The lowest recorded value was 72.40 million current US$ in 1960.
- How does Bermuda rank for gdp?
- Bermuda ranks 157th out of 211 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 US$). 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 indicator is expressed in United States dollars.