GDP per capita in Bermuda
Bermuda: GDP per capita was 142,250 current LCU in 2024. ◆ Volatile
GDP per capita in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gdp per capita in Bermuda stood at 142,250 current LCU. That is the highest value across all 65 years on record.
The figure is up 7.0% on the previous year and up 40.9% over ten years.
Over the whole period, gdp per capita in Bermuda peaked at 142,250 current LCU in 2024 and was at its lowest, 1,715 current LCU, in 1960.
Bermuda ranks 99th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Bermuda, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 1,715 current LCU | — |
| 1961 | 1,774 current LCU | +3.4% |
| 1962 | 1,824 current LCU | +2.8% |
| 1963 | 1,822 current LCU | -0.1% |
| 1964 | 1,987 current LCU | +9.0% |
| 1965 | 2,065 current LCU | +3.9% |
| 1966 | 2,369 current LCU | +14.8% |
| 1967 | 2,722 current LCU | +14.9% |
| 1968 | 2,976 current LCU | +9.3% |
| 1969 | 3,214 current LCU | +8.0% |
| 1970 | 3,574 current LCU | +11.2% |
| 1971 | 4,013 current LCU | +12.3% |
| 1972 | 4,458 current LCU | +11.1% |
| 1973 | 5,090 current LCU | +14.2% |
| 1974 | 5,892 current LCU | +15.8% |
| 1975 | 6,494 current LCU | +10.2% |
| 1976 | 7,260 current LCU | +11.8% |
| 1977 | 8,383 current LCU | +15.5% |
| 1978 | 8,905 current LCU | +6.2% |
| 1979 | 9,664 current LCU | +8.5% |
| 1980 | 11,427 current LCU | +18.2% |
| 1981 | 13,688 current LCU | +19.8% |
| 1982 | 14,443 current LCU | +5.5% |
| 1983 | 16,237 current LCU | +12.4% |
| 1984 | 17,867 current LCU | +10.0% |
| 1985 | 18,714 current LCU | +4.7% |
| 1986 | 20,997 current LCU | +12.2% |
| 1987 | 23,043 current LCU | +9.7% |
| 1988 | 24,958 current LCU | +8.3% |
| 1989 | 26,283 current LCU | +5.3% |
| 1990 | 27,666 current LCU | +5.3% |
| 1991 | 28,196 current LCU | +1.9% |
| 1992 | 28,762 current LCU | +2.0% |
| 1993 | 30,950 current LCU | +7.6% |
| 1994 | 31,543 current LCU | +1.9% |
| 1995 | 34,115 current LCU | +8.2% |
| 1996 | 45,064 current LCU | +32.1% |
| 1997 | 48,737 current LCU | +8.2% |
| 1998 | 51,629 current LCU | +5.9% |
| 1999 | 54,388 current LCU | +5.3% |
| 2000 | 56,543 current LCU | +4.0% |
| 2001 | 59,490 current LCU | +5.2% |
| 2002 | 63,359 current LCU | +6.5% |
| 2003 | 67,107 current LCU | +5.9% |
| 2004 | 71,692 current LCU | +6.8% |
| 2005 | 77,628 current LCU | +8.3% |
| 2006 | 97,782 current LCU | +26.0% |
| 2007 | 107,396 current LCU | +9.8% |
| 2008 | 110,269 current LCU | +2.7% |
| 2009 | 104,712 current LCU | -5.0% |
| 2010 | 104,112 current LCU | -0.6% |
| 2011 | 99,049 current LCU | -4.9% |
| 2012 | 100,213 current LCU | +1.2% |
| 2013 | 101,704 current LCU | +1.5% |
| 2014 | 100,962 current LCU | -0.7% |
| 2015 | 104,855 current LCU | +3.9% |
| 2016 | 108,747 current LCU | +3.7% |
| 2017 | 112,339 current LCU | +3.3% |
| 2018 | 113,205 current LCU | +0.8% |
| 2019 | 115,798 current LCU | +2.3% |
| 2020 | 106,977 current LCU | -7.6% |
| 2021 | 112,765 current LCU | +5.4% |
| 2022 | 119,969 current LCU | +6.4% |
| 2023 | 132,962 current LCU | +10.8% |
| 2024 | 142,250 current LCU | +7.0% |
Bermuda compared with similar countries
- Bermuda's 142,250 current LCU is above the median for high income countries, which is 70,749 current LCU, 2.0× the median. (82 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,247 current LCU | 1,715 current LCU | 3,214 current LCU | 10 |
| 1970s | 6,373 current LCU | 3,574 current LCU | 9,664 current LCU | 10 |
| 1980s | 18,766 current LCU | 11,427 current LCU | 26,283 current LCU | 10 |
| 1990s | 38,105 current LCU | 27,666 current LCU | 54,388 current LCU | 10 |
| 2000s | 81,598 current LCU | 56,543 current LCU | 110,269 current LCU | 10 |
| 2010s | 106,098 current LCU | 99,049 current LCU | 115,798 current LCU | 10 |
| 2020s | 122,985 current LCU | 106,977 current LCU | 142,250 current LCU | 5 |
Countries ranked near Bermuda
- 96 United Arab Emirates 184,629 current LCU compare
- 97 Egypt 153,221 current LCU compare
- 98 Moldova 149,764 current LCU compare
- 100 Luxembourg 130,314 current LCU compare
- 101 Saudi Arabia 129,512 current LCU compare
- 102 Singapore 129,194 current LCU 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 per capita in Bermuda?
- Gdp per capita in Bermuda was 142,250 current 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 142,250 current LCU in 2024.
- What is the lowest gdp per capita recorded in Bermuda?
- The lowest recorded value was 1,715 current LCU in 1960.
- How does Bermuda rank for gdp per capita?
- Bermuda ranks 99th out of 214 countries with data for 2024.
- Is gdp per capita rising or falling in Bermuda?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.