Gross domestic product (GDP) in Bermuda
Bermuda: Gross domestic product (GDP) was 4.02 billion international-$ in 2021 prices in 2023. ▲ Rising
Gross domestic product (GDP) in Bermuda, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Bermuda is 4.02 billion international-$ in 2021 prices, measured in 2023.
The figure is up 6.0% on the previous year and up 17.1% over ten years.
Over the whole period, gross domestic product (gdp) in Bermuda peaked at 4.89 billion international-$ in 2021 prices in 2011 and was at its lowest, 670.05 million international-$ in 2021 prices, in 1970.
Bermuda ranks 171st of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 991.48 million international-$ in 2021 prices | 670.05 million international-$ in 2021 prices | 1.29 billion international-$ in 2021 prices | 10 |
| 2000s | 3.64 billion international-$ in 2021 prices | 2.99 billion international-$ in 2021 prices | 4.39 billion international-$ in 2021 prices | 5 |
| 2010s | 3.69 billion international-$ in 2021 prices | 3.07 billion international-$ in 2021 prices | 4.89 billion international-$ in 2021 prices | 10 |
| 2020s | 3.94 billion international-$ in 2021 prices | 3.79 billion international-$ in 2021 prices | 4.02 billion international-$ in 2021 prices | 4 |
Countries ranked near Bermuda
- 168 Cayman Islands 4.37 billion international-$ in 2021 prices compare
- 169 Saint Lucia 4.16 billion international-$ in 2021 prices compare
- 170 Curacao 4.16 billion international-$ in 2021 prices compare
- 172 Comoros 3.25 billion international-$ in 2021 prices compare
- 173 Barbados 3.06 billion international-$ in 2021 prices compare
- 174 Seychelles 2.87 billion international-$ in 2021 prices compare
More economy & growth data for Bermuda
- External balance on goods and services as a percent of GDP 30.1% (2024)
- GDP per capita 116,514 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.3% (2024)
- Gross domestic product (GDP) 7.53 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 116,514 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -229.00 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -229.00 million current US$ (2024)
- Taxes less subsidies on products 332.49 million current LCU (2024)
- Taxes less subsidies on products 332.49 million current US$ (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Bermuda?
- Gross domestic product (gdp) in Bermuda was 4.02 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Bermuda?
- The highest recorded value was 4.89 billion international-$ in 2021 prices in 2011.
- What is the lowest gross domestic product (gdp) recorded in Bermuda?
- The lowest recorded value was 670.05 million international-$ in 2021 prices in 1970.
- How does Bermuda rank for gross domestic product (gdp)?
- Bermuda ranks 171st out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Bermuda?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.