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 209 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: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. 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.
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 132,595 constant 2015 US$ in 2007 and was at its lowest, 39,906 constant 2015 US$, in 1960.
Bermuda ranks 2nd of 209 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
GDP per capita in Bermuda, year by year
| Year | constant 2015 US$ | 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- 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 209 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Average economic output per person in a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.