GDP per capita, PPP in Bermuda
Bermuda: GDP per capita, PPP was 118,728 current international $ in 2024. ▲ Rising
GDP per capita, PPP in Bermuda, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Bermuda recorded 118,728 current international $ for gdp per capita, ppp in 2024. That is the highest value across all 35 years on record.
That represents a change of up 4.5% on the previous year and up 64.9% over ten years.
Over the whole period, gdp per capita, ppp in Bermuda peaked at 118,728 current international $ in 2024 and was at its lowest, 35,584 current international $, in 1991.
Bermuda ranks 6th of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per capita, PPP in Bermuda, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 35,944 current international $ | — |
| 1991 | 35,584 current international $ | -1.0% |
| 1992 | 36,110 current international $ | +1.5% |
| 1993 | 37,813 current international $ | +4.7% |
| 1994 | 38,604 current international $ | +2.1% |
| 1995 | 40,918 current international $ | +6.0% |
| 1996 | 42,545 current international $ | +4.0% |
| 1997 | 44,996 current international $ | +5.8% |
| 1998 | 46,916 current international $ | +4.3% |
| 1999 | 48,799 current international $ | +4.0% |
| 2000 | 54,176 current international $ | +11.0% |
| 2001 | 59,093 current international $ | +9.1% |
| 2002 | 58,863 current international $ | -0.4% |
| 2003 | 61,829 current international $ | +5.0% |
| 2004 | 64,790 current international $ | +4.8% |
| 2005 | 67,772 current international $ | +4.6% |
| 2006 | 73,590 current international $ | +8.6% |
| 2007 | 77,894 current international $ | +5.8% |
| 2008 | 77,556 current international $ | -0.4% |
| 2009 | 73,337 current international $ | -5.4% |
| 2010 | 72,189 current international $ | -1.6% |
| 2011 | 70,912 current international $ | -1.8% |
| 2012 | 69,149 current international $ | -2.5% |
| 2013 | 71,520 current international $ | +3.4% |
| 2014 | 71,988 current international $ | +0.7% |
| 2015 | 75,944 current international $ | +5.5% |
| 2016 | 80,412 current international $ | +5.9% |
| 2017 | 85,681 current international $ | +6.6% |
| 2018 | 85,978 current international $ | +0.3% |
| 2019 | 90,984 current international $ | +5.8% |
| 2020 | 85,146 current international $ | -6.4% |
| 2021 | 92,320 current international $ | +8.4% |
| 2022 | 104,909 current international $ | +13.6% |
| 2023 | 113,596 current international $ | +8.3% |
| 2024 | 118,728 current international $ | +4.5% |
Bermuda compared with similar countries
- Bermuda's 118,728 current international $ is above the median for high income countries, which is 60,178 current international $, 2.0× the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40,823 current international $ | 35,584 current international $ | 48,799 current international $ | 10 |
| 2000s | 66,890 current international $ | 54,176 current international $ | 77,894 current international $ | 10 |
| 2010s | 77,476 current international $ | 69,149 current international $ | 90,984 current international $ | 10 |
| 2020s | 102,940 current international $ | 85,146 current international $ | 118,728 current international $ | 5 |
Countries ranked near Bermuda
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 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)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita, ppp in Bermuda?
- Gdp per capita, ppp in Bermuda was 118,728 current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp per capita, ppp recorded in Bermuda?
- The highest recorded value was 118,728 current international $ in 2024.
- What is the lowest gdp per capita, ppp recorded in Bermuda?
- The lowest recorded value was 35,584 current international $ in 1991.
- How does Bermuda rank for gdp per capita, ppp?
- Bermuda ranks 6th out of 204 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Bermuda?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.