GDP per capita in Bermuda
Bermuda: GDP per capita was 116,514 constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
116,514 constant 2015 US$
Change on year
up 2.0%
World rank
2nd
of 212 countries
All-time high
132,595 constant 2015 US$
in 2007
All-time low
39,906 constant 2015 US$
in 1960
Years of data
65
1960–2024
GDP per capita in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp per capita in Bermuda is 116,514 constant 2015 US$, measured in 2024.
That represents a change of up 2.0% on the previous year and up 12.1% over ten years.
Over the whole period, gdp per capita in Bermuda peaked at 132,595 constant 2015 US$ in 2007 and was at its lowest, 39,906 constant 2015 US$, in 1960.
Bermuda ranks 2nd of 212 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
GDP per capita in Bermuda, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 39,906 constant 2015 US$ | — |
| 1961 | 40,887 constant 2015 US$ | +2.5% |
| 1962 | 41,637 constant 2015 US$ | +1.8% |
| 1963 | 41,061 constant 2015 US$ | -1.4% |
| 1964 | 44,571 constant 2015 US$ | +8.5% |
| 1965 | 45,659 constant 2015 US$ | +2.4% |
| 1966 | 51,062 constant 2015 US$ | +11.8% |
| 1967 | 56,696 constant 2015 US$ | +11.0% |
| 1968 | 56,868 constant 2015 US$ | +0.3% |
| 1969 | 57,788 constant 2015 US$ | +1.6% |
| 1970 | 60,471 constant 2015 US$ | +4.6% |
| 1971 | 61,976 constant 2015 US$ | +2.5% |
| 1972 | 62,865 constant 2015 US$ | +1.4% |
| 1973 | 63,625 constant 2015 US$ | +1.2% |
| 1974 | 64,050 constant 2015 US$ | +0.7% |
| 1975 | 66,372 constant 2015 US$ | +3.6% |
| 1976 | 72,195 constant 2015 US$ | +8.8% |
| 1977 | 76,292 constant 2015 US$ | +5.7% |
| 1978 | 77,243 constant 2015 US$ | +1.2% |
| 1979 | 78,775 constant 2015 US$ | +2.0% |
| 1980 | 84,786 constant 2015 US$ | +7.6% |
| 1981 | 86,284 constant 2015 US$ | +1.8% |
| 1982 | 81,137 constant 2015 US$ | -6.0% |
| 1983 | 82,178 constant 2015 US$ | +1.3% |
| 1984 | 81,987 constant 2015 US$ | -0.2% |
| 1985 | 79,797 constant 2015 US$ | -2.7% |
| 1986 | 84,596 constant 2015 US$ | +6.0% |
| 1987 | 87,182 constant 2015 US$ | +3.1% |
| 1988 | 90,024 constant 2015 US$ | +3.3% |
| 1989 | 89,743 constant 2015 US$ | -0.3% |
| 1990 | 89,090 constant 2015 US$ | -0.7% |
| 1991 | 85,311 constant 2015 US$ | -4.2% |
| 1992 | 84,643 constant 2015 US$ | -0.8% |
| 1993 | 86,583 constant 2015 US$ | +2.3% |
| 1994 | 86,546 constant 2015 US$ | -0.0% |
| 1995 | 89,849 constant 2015 US$ | +3.8% |
| 1996 | 91,743 constant 2015 US$ | +2.1% |
| 1997 | 95,383 constant 2015 US$ | +4.0% |
| 1998 | 98,348 constant 2015 US$ | +3.1% |
| 1999 | 100,868 constant 2015 US$ | +2.6% |
| 2000 | 109,503 constant 2015 US$ | +8.6% |
| 2001 | 116,810 constant 2015 US$ | +6.7% |
| 2002 | 114,574 constant 2015 US$ | -1.9% |
| 2003 | 118,019 constant 2015 US$ | +3.0% |
| 2004 | 120,432 constant 2015 US$ | +2.0% |
| 2005 | 122,144 constant 2015 US$ | +1.4% |
| 2006 | 128,663 constant 2015 US$ | +5.3% |
| 2007 | 132,595 constant 2015 US$ | +3.1% |
| 2008 | 129,525 constant 2015 US$ | -2.3% |
| 2009 | 121,728 constant 2015 US$ | -6.0% |
| 2010 | 118,383 constant 2015 US$ | -2.7% |
| 2011 | 113,938 constant 2015 US$ | -3.8% |
| 2012 | 108,041 constant 2015 US$ | -5.2% |
| 2013 | 107,860 constant 2015 US$ | -0.2% |
| 2014 | 103,942 constant 2015 US$ | -3.6% |
| 2015 | 104,855 constant 2015 US$ | +0.9% |
| 2016 | 104,191 constant 2015 US$ | -0.6% |
| 2017 | 107,735 constant 2015 US$ | +3.4% |
| 2018 | 106,843 constant 2015 US$ | -0.8% |
| 2019 | 106,710 constant 2015 US$ | -0.1% |
| 2020 | 98,846 constant 2015 US$ | -7.4% |
| 2021 | 103,130 constant 2015 US$ | +4.3% |
| 2022 | 109,412 constant 2015 US$ | +6.1% |
| 2023 | 114,245 constant 2015 US$ | +4.4% |
| 2024 | 116,514 constant 2015 US$ | +2.0% |
Bermuda compared with similar countries
- Bermuda's 116,514 constant 2015 US$ is above the median for high income countries, which is 34,672 constant 2015 US$, 3.4× the median. (80 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47,614 constant 2015 US$ | 39,906 constant 2015 US$ | 57,788 constant 2015 US$ | 10 |
| 1970s | 68,387 constant 2015 US$ | 60,471 constant 2015 US$ | 78,775 constant 2015 US$ | 10 |
| 1980s | 84,771 constant 2015 US$ | 79,797 constant 2015 US$ | 90,024 constant 2015 US$ | 10 |
| 1990s | 90,836 constant 2015 US$ | 84,643 constant 2015 US$ | 100,868 constant 2015 US$ | 10 |
| 2000s | 121,399 constant 2015 US$ | 109,503 constant 2015 US$ | 132,595 constant 2015 US$ | 10 |
| 2010s | 108,250 constant 2015 US$ | 103,942 constant 2015 US$ | 118,383 constant 2015 US$ | 10 |
| 2020s | 108,429 constant 2015 US$ | 98,846 constant 2015 US$ | 116,514 constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 1 Monaco 247,170 constant 2015 US$ compare
- 3 Ireland 104,417 constant 2015 US$ compare
- 4 Luxembourg 103,292 constant 2015 US$ compare
- 5 Switzerland 93,328 constant 2015 US$ 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 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 per capita in Bermuda?
- Gdp per capita in Bermuda was 116,514 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Bermuda?
- The highest recorded value was 132,595 constant 2015 US$ in 2007.
- What is the lowest gdp per capita recorded in Bermuda?
- The lowest recorded value was 39,906 constant 2015 US$ in 1960.
- How does Bermuda rank for gdp per capita?
- Bermuda ranks 2nd out of 212 countries with data for 2024.
- Is gdp per capita rising or falling in Bermuda?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.