GDP deflator (base year varies by country) (GDP Country official) in Bermuda
Bermuda: GDP deflator was 129.48 base year varies by country in 2024. ◆ Volatile
Latest (2024)
129.48 base year varies by country
Change on year
up 4.9%
World rank
124th
of 214 countries
All-time high
129.48 base year varies by country
in 2024
All-time low
4.56 base year varies by country
in 1960
Years of data
65
1960–2024
GDP deflator in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
Bermuda recorded 129.48 base year varies by country for gdp deflator in 2024. That is the highest value across all 65 years on record.
The figure is up 4.9% on the previous year and up 25.7% over ten years.
Over the whole period, gdp deflator in Bermuda peaked at 129.48 base year varies by country in 2024 and was at its lowest, 4.56 base year varies by country, in 1960.
Bermuda ranks 124th of 214 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 deflator in Bermuda, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1960 | 4.56 base year varies by country | — |
| 1961 | 4.6 base year varies by country | +0.9% |
| 1962 | 4.65 base year varies by country | +1.0% |
| 1963 | 4.71 base year varies by country | +1.3% |
| 1964 | 4.73 base year varies by country | +0.5% |
| 1965 | 4.8 base year varies by country | +1.5% |
| 1966 | 4.92 base year varies by country | +2.6% |
| 1967 | 5.09 base year varies by country | +3.5% |
| 1968 | 5.55 base year varies by country | +9.0% |
| 1969 | 5.9 base year varies by country | +6.3% |
| 1970 | 6.27 base year varies by country | +6.3% |
| 1971 | 6.87 base year varies by country | +9.5% |
| 1972 | 7.52 base year varies by country | +9.5% |
| 1973 | 8.48 base year varies by country | +12.8% |
| 1974 | 9.76 base year varies by country | +15.0% |
| 1975 | 10.38 base year varies by country | +6.4% |
| 1976 | 10.66 base year varies by country | +2.8% |
| 1977 | 11.65 base year varies by country | +9.3% |
| 1978 | 12.23 base year varies by country | +4.9% |
| 1979 | 13.01 base year varies by country | +6.4% |
| 1980 | 14.29 base year varies by country | +9.9% |
| 1981 | 16.82 base year varies by country | +17.7% |
| 1982 | 18.88 base year varies by country | +12.2% |
| 1983 | 20.95 base year varies by country | +11.0% |
| 1984 | 23.11 base year varies by country | +10.3% |
| 1985 | 24.87 base year varies by country | +7.6% |
| 1986 | 26.32 base year varies by country | +5.8% |
| 1987 | 28.03 base year varies by country | +6.5% |
| 1988 | 29.4 base year varies by country | +4.9% |
| 1989 | 31.06 base year varies by country | +5.6% |
| 1990 | 32.93 base year varies by country | +6.0% |
| 1991 | 35.05 base year varies by country | +6.4% |
| 1992 | 36.04 base year varies by country | +2.8% |
| 1993 | 37.91 base year varies by country | +5.2% |
| 1994 | 38.65 base year varies by country | +2.0% |
| 1995 | 40.27 base year varies by country | +4.2% |
| 1996 | 52.09 base year varies by country | +29.4% |
| 1997 | 54.19 base year varies by country | +4.0% |
| 1998 | 55.67 base year varies by country | +2.7% |
| 1999 | 57.18 base year varies by country | +2.7% |
| 2000 | 54.76 base year varies by country | -4.2% |
| 2001 | 54.01 base year varies by country | -1.4% |
| 2002 | 58.65 base year varies by country | +8.6% |
| 2003 | 60.3 base year varies by country | +2.8% |
| 2004 | 63.13 base year varies by country | +4.7% |
| 2005 | 67.4 base year varies by country | +6.8% |
| 2006 | 80.6 base year varies by country | +19.6% |
| 2007 | 85.9 base year varies by country | +6.6% |
| 2008 | 90.29 base year varies by country | +5.1% |
| 2009 | 91.23 base year varies by country | +1.0% |
| 2010 | 93.27 base year varies by country | +2.2% |
| 2011 | 92.19 base year varies by country | -1.2% |
| 2012 | 98.37 base year varies by country | +6.7% |
| 2013 | 100 base year varies by country | +1.7% |
| 2014 | 103.01 base year varies by country | +3.0% |
| 2015 | 106.05 base year varies by country | +3.0% |
| 2016 | 110.69 base year varies by country | +4.4% |
| 2017 | 110.59 base year varies by country | -0.1% |
| 2018 | 112.37 base year varies by country | +1.6% |
| 2019 | 115.08 base year varies by country | +2.4% |
| 2020 | 114.78 base year varies by country | -0.3% |
| 2021 | 115.96 base year varies by country | +1.0% |
| 2022 | 116.29 base year varies by country | +0.3% |
| 2023 | 123.43 base year varies by country | +6.1% |
| 2024 | 129.48 base year varies by country | +4.9% |
Bermuda compared with similar countries
- Bermuda's 129.48 base year varies by country is above the median for high income countries, which is 122.45 base year varies by country, 1.1× the median. (82 countries reporting)
Biggest year-on-year movements
Years where GDP deflator in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +29.4% | 40.27 base year varies by country | 52.09 base year varies by country |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.95 base year varies by country | 4.56 base year varies by country | 5.9 base year varies by country | 10 |
| 1970s | 9.68 base year varies by country | 6.27 base year varies by country | 13.01 base year varies by country | 10 |
| 1980s | 23.37 base year varies by country | 14.29 base year varies by country | 31.06 base year varies by country | 10 |
| 1990s | 44 base year varies by country | 32.93 base year varies by country | 57.18 base year varies by country | 10 |
| 2000s | 70.63 base year varies by country | 54.01 base year varies by country | 91.23 base year varies by country | 10 |
| 2010s | 104.16 base year varies by country | 92.19 base year varies by country | 115.08 base year varies by country | 10 |
| 2020s | 119.99 base year varies by country | 114.78 base year varies by country | 129.48 base year varies by country | 5 |
Countries ranked near Bermuda
- 121 Slovakia 130.07 base year varies by country compare
- 122 Luxembourg 129.81 base year varies by country compare
- 123 Cameroon 129.49 base year varies by country compare
- 125 Bosnia and Herzegovina 128.9 base year varies by country compare
- 126 Slovenia 128.72 base year varies by country compare
- 127 Cambodia 128.49 base year varies by country compare
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gdp deflator in Bermuda?
- Gdp deflator in Bermuda was 129.48 base year varies by country in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Bermuda?
- The highest recorded value was 129.48 base year varies by country in 2024.
- What is the lowest gdp deflator recorded in Bermuda?
- The lowest recorded value was 4.56 base year varies by country in 1960.
- How does Bermuda rank for gdp deflator?
- Bermuda ranks 124th out of 214 countries with data for 2024.
- Is gdp deflator rising or falling in Bermuda?
- Over the last ten years it is up 25.7%. 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 deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).