GDP per capita in Bermuda
Bermuda: GDP per capita was 142,250 current US$ in 2024. ◆ Volatile
GDP per capita in Bermuda, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Bermuda recorded 142,250 current US$ for gdp per capita in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it 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 US$ in 2024 and was at its lowest, 1,715 current US$, in 1960.
That places Bermuda 4th out of 214 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 1,715 current US$ | — |
| 1961 | 1,774 current US$ | +3.4% |
| 1962 | 1,824 current US$ | +2.8% |
| 1963 | 1,822 current US$ | -0.1% |
| 1964 | 1,987 current US$ | +9.0% |
| 1965 | 2,065 current US$ | +3.9% |
| 1966 | 2,369 current US$ | +14.8% |
| 1967 | 2,722 current US$ | +14.9% |
| 1968 | 2,976 current US$ | +9.3% |
| 1969 | 3,214 current US$ | +8.0% |
| 1970 | 3,574 current US$ | +11.2% |
| 1971 | 4,013 current US$ | +12.3% |
| 1972 | 4,458 current US$ | +11.1% |
| 1973 | 5,090 current US$ | +14.2% |
| 1974 | 5,892 current US$ | +15.8% |
| 1975 | 6,494 current US$ | +10.2% |
| 1976 | 7,260 current US$ | +11.8% |
| 1977 | 8,383 current US$ | +15.5% |
| 1978 | 8,905 current US$ | +6.2% |
| 1979 | 9,664 current US$ | +8.5% |
| 1980 | 11,427 current US$ | +18.2% |
| 1981 | 13,688 current US$ | +19.8% |
| 1982 | 14,443 current US$ | +5.5% |
| 1983 | 16,237 current US$ | +12.4% |
| 1984 | 17,867 current US$ | +10.0% |
| 1985 | 18,714 current US$ | +4.7% |
| 1986 | 20,997 current US$ | +12.2% |
| 1987 | 23,043 current US$ | +9.7% |
| 1988 | 24,958 current US$ | +8.3% |
| 1989 | 26,283 current US$ | +5.3% |
| 1990 | 27,666 current US$ | +5.3% |
| 1991 | 28,196 current US$ | +1.9% |
| 1992 | 28,762 current US$ | +2.0% |
| 1993 | 30,950 current US$ | +7.6% |
| 1994 | 31,543 current US$ | +1.9% |
| 1995 | 34,115 current US$ | +8.2% |
| 1996 | 45,064 current US$ | +32.1% |
| 1997 | 48,737 current US$ | +8.2% |
| 1998 | 51,629 current US$ | +5.9% |
| 1999 | 54,388 current US$ | +5.3% |
| 2000 | 56,543 current US$ | +4.0% |
| 2001 | 59,490 current US$ | +5.2% |
| 2002 | 63,359 current US$ | +6.5% |
| 2003 | 67,107 current US$ | +5.9% |
| 2004 | 71,692 current US$ | +6.8% |
| 2005 | 77,628 current US$ | +8.3% |
| 2006 | 97,782 current US$ | +26.0% |
| 2007 | 107,396 current US$ | +9.8% |
| 2008 | 110,269 current US$ | +2.7% |
| 2009 | 104,712 current US$ | -5.0% |
| 2010 | 104,112 current US$ | -0.6% |
| 2011 | 99,049 current US$ | -4.9% |
| 2012 | 100,213 current US$ | +1.2% |
| 2013 | 101,704 current US$ | +1.5% |
| 2014 | 100,962 current US$ | -0.7% |
| 2015 | 104,855 current US$ | +3.9% |
| 2016 | 108,747 current US$ | +3.7% |
| 2017 | 112,339 current US$ | +3.3% |
| 2018 | 113,205 current US$ | +0.8% |
| 2019 | 115,798 current US$ | +2.3% |
| 2020 | 106,977 current US$ | -7.6% |
| 2021 | 112,765 current US$ | +5.4% |
| 2022 | 119,969 current US$ | +6.4% |
| 2023 | 132,962 current US$ | +10.8% |
| 2024 | 142,250 current US$ | +7.0% |
Bermuda compared with similar countries
- Bermuda's 142,250 current US$ is above the median for high income countries, which is 39,041 current US$, 3.6× the median. (82 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,247 current US$ | 1,715 current US$ | 3,214 current US$ | 10 |
| 1970s | 6,373 current US$ | 3,574 current US$ | 9,664 current US$ | 10 |
| 1980s | 18,766 current US$ | 11,427 current US$ | 26,283 current US$ | 10 |
| 1990s | 38,105 current US$ | 27,666 current US$ | 54,388 current US$ | 10 |
| 2000s | 81,598 current US$ | 56,543 current US$ | 110,269 current US$ | 10 |
| 2010s | 106,098 current US$ | 99,049 current US$ | 115,798 current US$ | 10 |
| 2020s | 122,985 current US$ | 106,977 current US$ | 142,250 current US$ | 5 |
Countries ranked near Bermuda
- 1 Monaco 288,002 current US$ compare
- 2 Liechtenstein 220,167 current US$ compare
- 3 Luxembourg 147,252 current US$ compare
- 5 Ireland 131,592 current US$ compare
- 6 Switzerland 114,769 current US$ compare
- 7 Cayman Islands 104,293 current 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 142,250 current 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 142,250 current US$ in 2024.
- What is the lowest gdp per capita recorded in Bermuda?
- The lowest recorded value was 1,715 current US$ in 1960.
- How does Bermuda rank for gdp per capita?
- Bermuda ranks 4th 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 US$). 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 indicator is expressed in United States dollars.