GDP deflator (base year varies by country), annual growth rate in Bermuda
Bermuda: GDP deflator (base year varies by country), annual growth rate was 4.9 % change on previous year in 2024. ◆ Volatile
Latest (2024)
4.9 % change on previous year
Change on year
down 20.2%
World rank
65th
of 212 countries
All-time high
29.36 % change on previous year
in 1996
All-time low
-4.24 % change on previous year
in 2000
Years of data
64
1961–2024
GDP deflator (base year varies by country), annual growth rate in Bermuda, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator (base year varies by country), annual growth rate in Bermuda stood at 4.9 % change on previous year.
The figure is down 20.2% on the previous year and up 62.8% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Bermuda peaked at 29.36 % change on previous year in 1996 and was at its lowest, -4.24 % change on previous year, in 2000.
That places Bermuda 65th out of 212 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.
GDP deflator (base year varies by country), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 0.9391 % change on previous year | — |
| 1962 | 0.9764 % change on previous year | +4.0% |
| 1963 | 1.27 % change on previous year | +30.2% |
| 1964 | 0.461 % change on previous year | -63.7% |
| 1965 | 1.46 % change on previous year | +217.0% |
| 1966 | 2.61 % change on previous year | +78.5% |
| 1967 | 3.48 % change on previous year | +33.4% |
| 1968 | 8.98 % change on previous year | +158.1% |
| 1969 | 6.28 % change on previous year | -30.1% |
| 1970 | 6.27 % change on previous year | -0.2% |
| 1971 | 9.55 % change on previous year | +52.3% |
| 1972 | 9.53 % change on previous year | -0.2% |
| 1973 | 12.81 % change on previous year | +34.5% |
| 1974 | 14.98 % change on previous year | +17.0% |
| 1975 | 6.36 % change on previous year | -57.6% |
| 1976 | 2.78 % change on previous year | -56.2% |
| 1977 | 9.27 % change on previous year | +233.0% |
| 1978 | 4.92 % change on previous year | -46.9% |
| 1979 | 6.42 % change on previous year | +30.4% |
| 1980 | 9.85 % change on previous year | +53.6% |
| 1981 | 17.71 % change on previous year | +79.7% |
| 1982 | 12.21 % change on previous year | -31.1% |
| 1983 | 11 % change on previous year | -9.9% |
| 1984 | 10.3 % change on previous year | -6.4% |
| 1985 | 7.61 % change on previous year | -26.1% |
| 1986 | 5.84 % change on previous year | -23.4% |
| 1987 | 6.49 % change on previous year | +11.2% |
| 1988 | 4.89 % change on previous year | -24.6% |
| 1989 | 5.64 % change on previous year | +15.2% |
| 1990 | 6.03 % change on previous year | +7.0% |
| 1991 | 6.43 % change on previous year | +6.6% |
| 1992 | 2.81 % change on previous year | -56.2% |
| 1993 | 5.2 % change on previous year | +84.7% |
| 1994 | 1.96 % change on previous year | -62.3% |
| 1995 | 4.18 % change on previous year | +113.3% |
| 1996 | 29.36 % change on previous year | +602.8% |
| 1997 | 4.02 % change on previous year | -86.3% |
| 1998 | 2.74 % change on previous year | -31.9% |
| 1999 | 2.71 % change on previous year | -1.1% |
| 2000 | -4.24 % change on previous year | -256.2% |
| 2001 | -1.37 % change on previous year | -67.7% |
| 2002 | 8.58 % change on previous year | -726.7% |
| 2003 | 2.82 % change on previous year | -67.1% |
| 2004 | 4.69 % change on previous year | +66.1% |
| 2005 | 6.76 % change on previous year | +44.1% |
| 2006 | 19.58 % change on previous year | +189.5% |
| 2007 | 6.57 % change on previous year | -66.4% |
| 2008 | 5.11 % change on previous year | -22.3% |
| 2009 | 1.04 % change on previous year | -79.6% |
| 2010 | 2.24 % change on previous year | +114.3% |
| 2011 | -1.15 % change on previous year | -151.5% |
| 2012 | 6.7 % change on previous year | -681.8% |
| 2013 | 1.66 % change on previous year | -75.3% |
| 2014 | 3.01 % change on previous year | +81.7% |
| 2015 | 2.95 % change on previous year | -2.0% |
| 2016 | 4.37 % change on previous year | +48.1% |
| 2017 | -0.0949 % change on previous year | -102.2% |
| 2018 | 1.61 % change on previous year | -1797.8% |
| 2019 | 2.42 % change on previous year | +50.2% |
| 2020 | -0.2685 % change on previous year | -111.1% |
| 2021 | 1.03 % change on previous year | -484.5% |
| 2022 | 0.2803 % change on previous year | -72.9% |
| 2023 | 6.14 % change on previous year | +2091.4% |
| 2024 | 4.9 % change on previous year | -20.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.94 % change on previous year | 0.461 % change on previous year | 8.98 % change on previous year | 9 |
| 1970s | 8.29 % change on previous year | 2.78 % change on previous year | 14.98 % change on previous year | 10 |
| 1980s | 9.15 % change on previous year | 4.89 % change on previous year | 17.71 % change on previous year | 10 |
| 1990s | 6.55 % change on previous year | 1.96 % change on previous year | 29.36 % change on previous year | 10 |
| 2000s | 4.96 % change on previous year | -4.24 % change on previous year | 19.58 % change on previous year | 10 |
| 2010s | 2.37 % change on previous year | -1.15 % change on previous year | 6.7 % change on previous year | 10 |
| 2020s | 2.42 % change on previous year | -0.2685 % change on previous year | 6.14 % change on previous year | 5 |
Countries ranked near Bermuda
- 62 United States Virgin Islands 5.04 % change on previous year compare
- 63 Solomon Islands 4.99 % change on previous year compare
- 64 Saint Vincent and the Grenadines 4.91 % change on previous year compare
- 66 Russian Federation 4.85 % change on previous year compare
- 67 Jamaica 4.8 % change on previous year compare
- 68 Tajikistan 4.77 % change on previous year compare
More economy & growth data for Bermuda
- Services, value added (constant 2015 US$), annual growth rate 1.77 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.98 % change on previous year (2024)
- Services, value added (constant LCU), per capita 99,336 constant LCU per person (2024)
- Services, value added (constant 2015 US$), per capita 106,029 constant 2015 US$ per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.7454 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (current LCU), per unit of GDP 0.9131 current LCU per US$ of GDP (2024)
- Services, value added (current US$), per capita 129,888 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 137,106 current US$ per person (2024)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Bermuda?
- Gdp deflator (base year varies by country), annual growth rate in Bermuda was 4.9 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Bermuda?
- The highest recorded value was 29.36 % change on previous year in 1996.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Bermuda?
- The lowest recorded value was -4.24 % change on previous year in 2000.
- How does Bermuda rank for gdp deflator (base year varies by country), annual growth rate?
- Bermuda ranks 65th out of 212 countries with data for 2024.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 62.8%. 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 deflator (base year varies by country), 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 deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator 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 deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.