GDP Deflator — Value US$, 2015 prices in Bermuda
Bermuda: GDP Deflator — Value US$, 2015 prices was 116.84 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Bermuda, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Bermuda stood at 116.84 USD. That is the highest value across all 55 years on record.
The figure is up 2.5% on the previous year and up 20.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Bermuda peaked at 116.84 USD in 2024 and was at its lowest, 8.79 USD, in 1970.
That places Bermuda 124th out of 222 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Bermuda, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 8.79 USD | — |
| 1971 | 9.63 USD | +9.5% |
| 1972 | 10.55 USD | +9.5% |
| 1973 | 11.9 USD | +12.8% |
| 1974 | 13.69 USD | +15.0% |
| 1975 | 14.56 USD | +6.4% |
| 1976 | 14.96 USD | +2.8% |
| 1977 | 15.84 USD | +5.9% |
| 1978 | 16.79 USD | +6.0% |
| 1979 | 18.32 USD | +9.1% |
| 1980 | 21.19 USD | +15.7% |
| 1981 | 24.02 USD | +13.4% |
| 1982 | 26.77 USD | +11.5% |
| 1983 | 29.56 USD | +10.4% |
| 1984 | 31.77 USD | +7.5% |
| 1985 | 33.71 USD | +6.1% |
| 1986 | 35.84 USD | +6.3% |
| 1987 | 37.73 USD | +5.3% |
| 1988 | 39.79 USD | +5.5% |
| 1989 | 42.14 USD | +5.9% |
| 1990 | 44.79 USD | +6.3% |
| 1991 | 46.41 USD | +3.6% |
| 1992 | 48.53 USD | +4.6% |
| 1993 | 50.46 USD | +4.0% |
| 1994 | 51.68 USD | +2.4% |
| 1995 | 52.62 USD | +1.8% |
| 1996 | 53.77 USD | +2.2% |
| 1997 | 55.55 USD | +3.3% |
| 1998 | 57.06 USD | +2.7% |
| 1999 | 58.62 USD | +2.7% |
| 2000 | 59.58 USD | +1.6% |
| 2001 | 58.77 USD | -1.4% |
| 2002 | 63.81 USD | +8.6% |
| 2003 | 65.61 USD | +2.8% |
| 2004 | 68.66 USD | +4.7% |
| 2005 | 73.31 USD | +6.8% |
| 2006 | 77.28 USD | +5.4% |
| 2007 | 82.17 USD | +6.3% |
| 2008 | 85.12 USD | +3.6% |
| 2009 | 86.99 USD | +2.2% |
| 2010 | 87.94 USD | +1.1% |
| 2011 | 86.93 USD | -1.2% |
| 2012 | 92.76 USD | +6.7% |
| 2013 | 94.29 USD | +1.7% |
| 2014 | 97.13 USD | +3.0% |
| 2015 | 100 USD | +3.0% |
| 2016 | 104.37 USD | +4.4% |
| 2017 | 103.94 USD | -0.4% |
| 2018 | 105.95 USD | +1.9% |
| 2019 | 108.52 USD | +2.4% |
| 2020 | 108.07 USD | -0.4% |
| 2021 | 108.51 USD | +0.4% |
| 2022 | 109.48 USD | +0.9% |
| 2023 | 113.98 USD | +4.1% |
| 2024 | 116.84 USD | +2.5% |
Bermuda compared with similar countries
- Bermuda's 116.84 USD is below the median for high income countries, which is 121.8 USD, 96% of the median. (68 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.5 USD | 8.79 USD | 18.32 USD | 10 |
| 1980s | 32.25 USD | 21.19 USD | 42.14 USD | 10 |
| 1990s | 51.95 USD | 44.79 USD | 58.62 USD | 10 |
| 2000s | 72.13 USD | 58.77 USD | 86.99 USD | 10 |
| 2010s | 98.18 USD | 86.93 USD | 108.52 USD | 10 |
| 2020s | 111.38 USD | 108.07 USD | 116.84 USD | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Gross national expenditure (current LCU), per unit of GDP 0.6606 current LCU per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 78,446 current US$ per person (2024)
- Exports of goods and services (current US$), per unit of GDP 0.5515 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), annual growth rate 11.72 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per capita 75,565 constant 2015 US$ per person (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.5312 constant 2015 US$ per US$ of GDP (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.79 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 93,967 current LCU per person (2024)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.4364 constant 2015 US$ per US$ of GDP (2024)
- Final consumption expenditure (constant 2015 US$), per capita 62,072 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Bermuda?
- Gdp deflator — value us$, 2015 prices in Bermuda was 116.84 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Bermuda?
- The highest recorded value was 116.84 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Bermuda?
- The lowest recorded value was 8.79 USD in 1970.
- How does Bermuda rank for gdp deflator — value us$, 2015 prices?
- Bermuda ranks 124th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).