GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Bermuda
Bermuda: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.52 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Bermuda, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Bermuda is 2.52 % change on previous year, measured in 2024.
Compared with earlier readings it is down 38.7% on the previous year and down 16.5% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Bermuda peaked at 15.68 % change on previous year in 1980 and was at its lowest, -1.37 % change on previous year, in 2001.
That places Bermuda 148th out of 209 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 — Value Standard Local Currency, 2015 prices, annual in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.55 % change on previous year | — |
| 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 | +16.9% |
| 1975 | 6.36 % change on previous year | -57.6% |
| 1976 | 2.78 % change on previous year | -56.2% |
| 1977 | 5.86 % change on previous year | +110.4% |
| 1978 | 6.02 % change on previous year | +2.8% |
| 1979 | 9.09 % change on previous year | +51.1% |
| 1980 | 15.68 % change on previous year | +72.5% |
| 1981 | 13.36 % change on previous year | -14.8% |
| 1982 | 11.46 % change on previous year | -14.2% |
| 1983 | 10.42 % change on previous year | -9.1% |
| 1984 | 7.46 % change on previous year | -28.4% |
| 1985 | 6.12 % change on previous year | -17.9% |
| 1986 | 6.32 % change on previous year | +3.2% |
| 1987 | 5.27 % change on previous year | -16.6% |
| 1988 | 5.45 % change on previous year | +3.4% |
| 1989 | 5.9 % change on previous year | +8.1% |
| 1990 | 6.3 % change on previous year | +6.9% |
| 1991 | 3.62 % change on previous year | -42.5% |
| 1992 | 4.55 % change on previous year | +25.7% |
| 1993 | 3.99 % change on previous year | -12.3% |
| 1994 | 2.4 % change on previous year | -39.8% |
| 1995 | 1.83 % change on previous year | -23.9% |
| 1996 | 2.19 % change on previous year | +19.8% |
| 1997 | 3.3 % change on previous year | +50.7% |
| 1998 | 2.73 % change on previous year | -17.4% |
| 1999 | 2.73 % change on previous year | +0.1% |
| 2000 | 1.64 % change on previous year | -39.9% |
| 2001 | -1.37 % change on previous year | -183.5% |
| 2002 | 8.58 % change on previous year | -727.2% |
| 2003 | 2.82 % change on previous year | -67.1% |
| 2004 | 4.65 % change on previous year | +64.8% |
| 2005 | 6.76 % change on previous year | +45.3% |
| 2006 | 5.42 % change on previous year | -19.9% |
| 2007 | 6.33 % change on previous year | +16.9% |
| 2008 | 3.59 % change on previous year | -43.3% |
| 2009 | 2.2 % change on previous year | -38.8% |
| 2010 | 1.1 % change on previous year | -49.9% |
| 2011 | -1.15 % change on previous year | -204.6% |
| 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 | -0.4129 % change on previous year | -109.4% |
| 2018 | 1.94 % change on previous year | -568.8% |
| 2019 | 2.42 % change on previous year | +25.0% |
| 2020 | -0.4101 % change on previous year | -116.9% |
| 2021 | 0.4007 % change on previous year | -197.7% |
| 2022 | 0.8986 % change on previous year | +124.3% |
| 2023 | 4.11 % change on previous year | +357.0% |
| 2024 | 2.52 % change on previous year | -38.7% |
Bermuda compared with similar countries
- Bermuda's 2.52 % change on previous year is below the median for high income countries, which is 2.83 % change on previous year, 89% of the median. (68 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2002 | +727.2% | -1.37 % change on previous year | 8.58 % change on previous year |
| 2012 | +681.8% | -1.15 % change on previous year | 6.7 % change on previous year |
| 2018 | +568.8% | -0.4129 % change on previous year | 1.94 % change on previous year |
| 2023 | +357.0% | 0.8986 % change on previous year | 4.11 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.55 % change on previous year | 2.78 % change on previous year | 14.98 % change on previous year | 9 |
| 1980s | 8.74 % change on previous year | 5.27 % change on previous year | 15.68 % change on previous year | 10 |
| 1990s | 3.36 % change on previous year | 1.83 % change on previous year | 6.3 % change on previous year | 10 |
| 2000s | 4.06 % change on previous year | -1.37 % change on previous year | 8.58 % change on previous year | 10 |
| 2010s | 2.26 % change on previous year | -1.15 % change on previous year | 6.7 % change on previous year | 10 |
| 2020s | 1.5 % change on previous year | -0.4101 % change on previous year | 4.11 % change on previous year | 5 |
Countries ranked near Bermuda
- 145 Latvia 2.58 % change on previous year compare
- 146 Côte d'Ivoire 2.55 % change on previous year compare
- 147 Cayman Islands 2.53 % change on previous year compare
- 149 Equatorial Guinea 2.5 % change on previous year compare
- 150 Anguilla 2.5 % change on previous year compare
- 151 Guyana 2.39 % change on previous year compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU 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 unit 0.0128 BoP, current US$ per US$ of GDP (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)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Bermuda?
- Gdp deflator — value standard local currency, 2015 prices, annual in Bermuda was 2.52 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Bermuda?
- The highest recorded value was 15.68 % change on previous year in 1980.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Bermuda?
- The lowest recorded value was -1.37 % change on previous year in 2001.
- How does Bermuda rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Bermuda ranks 148th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Bermuda?
- Over the last ten years it is down 16.5%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.