GDP: linked series (current LCU), annual growth rate in Bermuda
Bermuda: GDP: linked series (current LCU), annual growth rate was 6.88 % change on previous year in 2024. ◆ Volatile
GDP: linked series (current LCU), annual growth rate in Bermuda, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp: linked series (current lcu), annual growth rate in Bermuda is 6.88 % change on previous year, measured in 2024.
The figure is down 35.9% on the previous year and up 959.7% over ten years.
Over the whole period, gdp: linked series (current lcu), annual growth rate in Bermuda peaked at 32.73 % change on previous year in 1996 and was at its lowest, -7.22 % change on previous year, in 2020.
That places Bermuda 107th out of 214 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: linked series (current LCU), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 2.67 % change on previous year | — |
| 1992 | 2.75 % change on previous year | +3.1% |
| 1993 | 8.36 % change on previous year | +203.8% |
| 1994 | 2.57 % change on previous year | -69.3% |
| 1995 | 8.76 % change on previous year | +240.8% |
| 1996 | 32.73 % change on previous year | +273.5% |
| 1997 | 8.81 % change on previous year | -73.1% |
| 1998 | 6.75 % change on previous year | -23.4% |
| 1999 | 6.19 % change on previous year | -8.3% |
| 2000 | 4.69 % change on previous year | -24.3% |
| 2001 | 5.75 % change on previous year | +22.8% |
| 2002 | 6.98 % change on previous year | +21.2% |
| 2003 | 6.33 % change on previous year | -9.2% |
| 2004 | 7.12 % change on previous year | +12.5% |
| 2005 | 8.55 % change on previous year | +20.0% |
| 2006 | 11.22 % change on previous year | +31.2% |
| 2007 | 10.14 % change on previous year | -9.6% |
| 2008 | 3.15 % change on previous year | -69.0% |
| 2009 | -4.64 % change on previous year | -247.5% |
| 2010 | -0.3226 % change on previous year | -93.1% |
| 2011 | -4.85 % change on previous year | +1403.9% |
| 2012 | 1.04 % change on previous year | -121.4% |
| 2013 | 1.37 % change on previous year | +32.3% |
| 2014 | -0.8007 % change on previous year | -158.3% |
| 2015 | 3.75 % change on previous year | -568.4% |
| 2016 | 3.69 % change on previous year | -1.7% |
| 2017 | 3.51 % change on previous year | -4.7% |
| 2018 | 1.17 % change on previous year | -66.7% |
| 2019 | 2.73 % change on previous year | +133.3% |
| 2020 | -7.22 % change on previous year | -364.2% |
| 2021 | 5.85 % change on previous year | -181.0% |
| 2022 | 6.55 % change on previous year | +12.1% |
| 2023 | 10.74 % change on previous year | +63.9% |
| 2024 | 6.88 % change on previous year | -35.9% |
Bermuda compared with similar countries
- Bermuda's 6.88 % change on previous year is above the median for high income countries, which is 5.01 % change on previous year, 1.4× the median. (82 countries reporting)
Biggest year-on-year movements
Years where GDP: linked series (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2011 | -1403.9% | -0.3226 % change on previous year | -4.85 % change on previous year |
| 2015 | +568.4% | -0.8007 % change on previous year | 3.75 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.84 % change on previous year | 2.57 % change on previous year | 32.73 % change on previous year | 9 |
| 2000s | 5.93 % change on previous year | -4.64 % change on previous year | 11.22 % change on previous year | 10 |
| 2010s | 1.13 % change on previous year | -4.85 % change on previous year | 3.75 % change on previous year | 10 |
| 2020s | 4.56 % change on previous year | -7.22 % change on previous year | 10.74 % change on previous year | 5 |
Countries ranked near Bermuda
- 104 Palestine 7.18 % change on previous year compare
- 105 Central African Republic 6.95 % change on previous year compare
- 106 Montenegro 6.88 % change on previous year compare
- 108 Hungary 6.81 % change on previous year compare
- 109 Morocco 6.79 % change on previous year compare
- 110 Dominican Republic 6.68 % change on previous year 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: linked series (current lcu), annual growth rate in Bermuda?
- Gdp: linked series (current lcu), annual growth rate in Bermuda was 6.88 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp: linked series (current lcu), annual growth rate recorded in Bermuda?
- The highest recorded value was 32.73 % change on previous year in 1996.
- What is the lowest gdp: linked series (current lcu), annual growth rate recorded in Bermuda?
- The lowest recorded value was -7.22 % change on previous year in 2020.
- How does Bermuda rank for gdp: linked series (current lcu), annual growth rate?
- Bermuda ranks 107th out of 214 countries with data for 2024.
- Is gdp: linked series (current lcu), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 959.7%. 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: linked series (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP: linked series Staff estimates, World Bank (WB)
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: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.