GDP per capita in Bermuda
Bermuda: GDP per capita was 109,864 constant LCU in 2024. ▲ Rising
GDP per capita in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gdp per capita in Bermuda stood at 109,864 constant LCU.
The figure is 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 125,028 constant LCU in 2007 and was at its lowest, 37,628 constant LCU, in 1960.
Bermuda ranks 89th of 215 countries on this measure, in the middle of the range.
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 LCU | Change |
|---|---|---|
| 1960 | 37,628 constant LCU | — |
| 1961 | 38,554 constant LCU | +2.5% |
| 1962 | 39,261 constant LCU | +1.8% |
| 1963 | 38,718 constant LCU | -1.4% |
| 1964 | 42,027 constant LCU | +8.5% |
| 1965 | 43,053 constant LCU | +2.4% |
| 1966 | 48,148 constant LCU | +11.8% |
| 1967 | 53,460 constant LCU | +11.0% |
| 1968 | 53,622 constant LCU | +0.3% |
| 1969 | 54,490 constant LCU | +1.6% |
| 1970 | 57,020 constant LCU | +4.6% |
| 1971 | 58,438 constant LCU | +2.5% |
| 1972 | 59,277 constant LCU | +1.4% |
| 1973 | 59,994 constant LCU | +1.2% |
| 1974 | 60,395 constant LCU | +0.7% |
| 1975 | 62,584 constant LCU | +3.6% |
| 1976 | 68,075 constant LCU | +8.8% |
| 1977 | 71,938 constant LCU | +5.7% |
| 1978 | 72,834 constant LCU | +1.2% |
| 1979 | 74,279 constant LCU | +2.0% |
| 1980 | 79,947 constant LCU | +7.6% |
| 1981 | 81,359 constant LCU | +1.8% |
| 1982 | 76,506 constant LCU | -6.0% |
| 1983 | 77,488 constant LCU | +1.3% |
| 1984 | 77,307 constant LCU | -0.2% |
| 1985 | 75,243 constant LCU | -2.7% |
| 1986 | 79,768 constant LCU | +6.0% |
| 1987 | 82,206 constant LCU | +3.1% |
| 1988 | 84,886 constant LCU | +3.3% |
| 1989 | 84,621 constant LCU | -0.3% |
| 1990 | 84,005 constant LCU | -0.7% |
| 1991 | 80,442 constant LCU | -4.2% |
| 1992 | 79,812 constant LCU | -0.8% |
| 1993 | 81,641 constant LCU | +2.3% |
| 1994 | 81,606 constant LCU | -0.0% |
| 1995 | 84,721 constant LCU | +3.8% |
| 1996 | 86,507 constant LCU | +2.1% |
| 1997 | 89,939 constant LCU | +4.0% |
| 1998 | 92,735 constant LCU | +3.1% |
| 1999 | 95,111 constant LCU | +2.6% |
| 2000 | 103,253 constant LCU | +8.6% |
| 2001 | 110,143 constant LCU | +6.7% |
| 2002 | 108,035 constant LCU | -1.9% |
| 2003 | 111,283 constant LCU | +3.0% |
| 2004 | 113,559 constant LCU | +2.0% |
| 2005 | 115,173 constant LCU | +1.4% |
| 2006 | 121,320 constant LCU | +5.3% |
| 2007 | 125,028 constant LCU | +3.1% |
| 2008 | 122,133 constant LCU | -2.3% |
| 2009 | 114,780 constant LCU | -6.0% |
| 2010 | 111,626 constant LCU | -2.7% |
| 2011 | 107,435 constant LCU | -3.8% |
| 2012 | 101,874 constant LCU | -5.2% |
| 2013 | 101,704 constant LCU | -0.2% |
| 2014 | 98,010 constant LCU | -3.6% |
| 2015 | 98,871 constant LCU | +0.9% |
| 2016 | 98,244 constant LCU | -0.6% |
| 2017 | 101,586 constant LCU | +3.4% |
| 2018 | 100,745 constant LCU | -0.8% |
| 2019 | 100,620 constant LCU | -0.1% |
| 2020 | 93,205 constant LCU | -7.4% |
| 2021 | 97,244 constant LCU | +4.3% |
| 2022 | 103,168 constant LCU | +6.1% |
| 2023 | 107,724 constant LCU | +4.4% |
| 2024 | 109,864 constant LCU | +2.0% |
Bermuda compared with similar countries
- Bermuda's 109,864 constant LCU is above the median for high income countries, which is 54,263 constant LCU, 2.0× the median. (83 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44,896 constant LCU | 37,628 constant LCU | 54,490 constant LCU | 10 |
| 1970s | 64,483 constant LCU | 57,020 constant LCU | 74,279 constant LCU | 10 |
| 1980s | 79,933 constant LCU | 75,243 constant LCU | 84,886 constant LCU | 10 |
| 1990s | 85,652 constant LCU | 79,812 constant LCU | 95,111 constant LCU | 10 |
| 2000s | 114,471 constant LCU | 103,253 constant LCU | 125,028 constant LCU | 10 |
| 2010s | 102,071 constant LCU | 98,010 constant LCU | 111,626 constant LCU | 10 |
| 2020s | 102,241 constant LCU | 93,205 constant LCU | 109,864 constant LCU | 5 |
Countries ranked near Bermuda
- 86 Saudi Arabia 132,580 constant LCU compare
- 87 Kyrgyzstan 128,435 constant LCU compare
- 88 Trinidad and Tobago 112,370 constant LCU compare
- 90 Luxembourg 100,385 constant LCU compare
- 91 Australia 98,362 constant LCU compare
- 92 Ireland 97,728 constant LCU 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 109,864 constant LCU 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 125,028 constant LCU in 2007.
- What is the lowest gdp per capita recorded in Bermuda?
- The lowest recorded value was 37,628 constant LCU in 1960.
- How does Bermuda rank for gdp per capita?
- Bermuda ranks 89th out of 215 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.