GDP Deflator — Value Standard Local Currency, 2015 prices in Bermuda
Bermuda: GDP Deflator — Value Standard Local Currency, 2015 prices was 116.84 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Bermuda, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Bermuda recorded 116.84 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.5% on the previous year and up 20.3% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Bermuda peaked at 116.84 SLC in 2024 and was at its lowest, 8.79 SLC, in 1970.
Bermuda ranks 174th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Bermuda, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 8.79 SLC | — |
| 1971 | 9.63 SLC | +9.5% |
| 1972 | 10.55 SLC | +9.5% |
| 1973 | 11.9 SLC | +12.8% |
| 1974 | 13.69 SLC | +15.0% |
| 1975 | 14.56 SLC | +6.4% |
| 1976 | 14.96 SLC | +2.8% |
| 1977 | 15.84 SLC | +5.9% |
| 1978 | 16.79 SLC | +6.0% |
| 1979 | 18.32 SLC | +9.1% |
| 1980 | 21.19 SLC | +15.7% |
| 1981 | 24.02 SLC | +13.4% |
| 1982 | 26.77 SLC | +11.5% |
| 1983 | 29.56 SLC | +10.4% |
| 1984 | 31.77 SLC | +7.5% |
| 1985 | 33.71 SLC | +6.1% |
| 1986 | 35.84 SLC | +6.3% |
| 1987 | 37.73 SLC | +5.3% |
| 1988 | 39.79 SLC | +5.5% |
| 1989 | 42.14 SLC | +5.9% |
| 1990 | 44.79 SLC | +6.3% |
| 1991 | 46.41 SLC | +3.6% |
| 1992 | 48.53 SLC | +4.6% |
| 1993 | 50.46 SLC | +4.0% |
| 1994 | 51.68 SLC | +2.4% |
| 1995 | 52.62 SLC | +1.8% |
| 1996 | 53.77 SLC | +2.2% |
| 1997 | 55.55 SLC | +3.3% |
| 1998 | 57.06 SLC | +2.7% |
| 1999 | 58.62 SLC | +2.7% |
| 2000 | 59.58 SLC | +1.6% |
| 2001 | 58.77 SLC | -1.4% |
| 2002 | 63.81 SLC | +8.6% |
| 2003 | 65.61 SLC | +2.8% |
| 2004 | 68.66 SLC | +4.7% |
| 2005 | 73.31 SLC | +6.8% |
| 2006 | 77.28 SLC | +5.4% |
| 2007 | 82.17 SLC | +6.3% |
| 2008 | 85.12 SLC | +3.6% |
| 2009 | 86.99 SLC | +2.2% |
| 2010 | 87.94 SLC | +1.1% |
| 2011 | 86.93 SLC | -1.2% |
| 2012 | 92.76 SLC | +6.7% |
| 2013 | 94.29 SLC | +1.7% |
| 2014 | 97.13 SLC | +3.0% |
| 2015 | 100 SLC | +3.0% |
| 2016 | 104.37 SLC | +4.4% |
| 2017 | 103.94 SLC | -0.4% |
| 2018 | 105.95 SLC | +1.9% |
| 2019 | 108.52 SLC | +2.4% |
| 2020 | 108.07 SLC | -0.4% |
| 2021 | 108.51 SLC | +0.4% |
| 2022 | 109.48 SLC | +0.9% |
| 2023 | 113.98 SLC | +4.1% |
| 2024 | 116.84 SLC | +2.5% |
Bermuda compared with similar countries
- Bermuda's 116.84 SLC is below the median for high income countries, which is 126.04 SLC, 93% of the median. (68 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.5 SLC | 8.79 SLC | 18.32 SLC | 10 |
| 1980s | 32.25 SLC | 21.19 SLC | 42.14 SLC | 10 |
| 1990s | 51.95 SLC | 44.79 SLC | 58.62 SLC | 10 |
| 2000s | 72.13 SLC | 58.77 SLC | 86.99 SLC | 10 |
| 2010s | 98.18 SLC | 86.93 SLC | 108.52 SLC | 10 |
| 2020s | 111.38 SLC | 108.07 SLC | 116.84 SLC | 5 |
Countries ranked near Bermuda
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 — value standard local currency, 2015 prices in Bermuda?
- Gdp deflator — value standard local currency, 2015 prices in Bermuda was 116.84 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Bermuda?
- The highest recorded value was 116.84 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Bermuda?
- The lowest recorded value was 8.79 SLC in 1970.
- How does Bermuda rank for gdp deflator — value standard local currency, 2015 prices?
- Bermuda ranks 174th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Bermuda?
- Over the last ten years it is up 20.3%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).