GDP per capita in Bermuda
Bermuda: GDP per capita was 104,300 international-$ in 2021 prices in 2024. ▲ Rising
Latest (2024)
104,300 international-$ in 2021 prices
Change on year
up 2.0%
World rank
6th
of 198 countries
All-time high
118,696 international-$ in 2021 prices
in 2007
All-time low
75,770 international-$ in 2021 prices
in 1992
Years of data
35
1990–2024
GDP per capita in Bermuda, 1990–2024
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Bermuda recorded 104,300 international-$ in 2021 prices for gdp per capita in 2024.
Compared with earlier readings it 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 118,696 international-$ in 2021 prices in 2007 and was at its lowest, 75,770 international-$ in 2021 prices, in 1992.
That places Bermuda 6th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per capita in Bermuda, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 79,751 international-$ in 2021 prices | — |
| 1991 | 76,368 international-$ in 2021 prices | -4.2% |
| 1992 | 75,770 international-$ in 2021 prices | -0.8% |
| 1993 | 77,507 international-$ in 2021 prices | +2.3% |
| 1994 | 77,474 international-$ in 2021 prices | -0.0% |
| 1995 | 80,431 international-$ in 2021 prices | +3.8% |
| 1996 | 82,126 international-$ in 2021 prices | +2.1% |
| 1997 | 85,384 international-$ in 2021 prices | +4.0% |
| 1998 | 88,038 international-$ in 2021 prices | +3.1% |
| 1999 | 90,294 international-$ in 2021 prices | +2.6% |
| 2000 | 98,024 international-$ in 2021 prices | +8.6% |
| 2001 | 104,565 international-$ in 2021 prices | +6.7% |
| 2002 | 102,564 international-$ in 2021 prices | -1.9% |
| 2003 | 105,647 international-$ in 2021 prices | +3.0% |
| 2004 | 107,808 international-$ in 2021 prices | +2.0% |
| 2005 | 109,340 international-$ in 2021 prices | +1.4% |
| 2006 | 115,176 international-$ in 2021 prices | +5.3% |
| 2007 | 118,696 international-$ in 2021 prices | +3.1% |
| 2008 | 115,948 international-$ in 2021 prices | -2.3% |
| 2009 | 108,967 international-$ in 2021 prices | -6.0% |
| 2010 | 105,973 international-$ in 2021 prices | -2.7% |
| 2011 | 101,994 international-$ in 2021 prices | -3.8% |
| 2012 | 96,715 international-$ in 2021 prices | -5.2% |
| 2013 | 96,554 international-$ in 2021 prices | -0.2% |
| 2014 | 93,046 international-$ in 2021 prices | -3.6% |
| 2015 | 93,864 international-$ in 2021 prices | +0.9% |
| 2016 | 93,269 international-$ in 2021 prices | -0.6% |
| 2017 | 96,441 international-$ in 2021 prices | +3.4% |
| 2018 | 95,643 international-$ in 2021 prices | -0.8% |
| 2019 | 95,524 international-$ in 2021 prices | -0.1% |
| 2020 | 88,485 international-$ in 2021 prices | -7.4% |
| 2021 | 92,320 international-$ in 2021 prices | +4.3% |
| 2022 | 97,943 international-$ in 2021 prices | +6.1% |
| 2023 | 102,269 international-$ in 2021 prices | +4.4% |
| 2024 | 104,300 international-$ in 2021 prices | +2.0% |
Bermuda compared with similar countries
- Bermuda's 104,300 international-$ in 2021 prices is above the median for high income countries, which is 49,305 international-$ in 2021 prices, 2.1× the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 81,314 international-$ in 2021 prices | 75,770 international-$ in 2021 prices | 90,294 international-$ in 2021 prices | 10 |
| 2000s | 108,674 international-$ in 2021 prices | 98,024 international-$ in 2021 prices | 118,696 international-$ in 2021 prices | 10 |
| 2010s | 96,902 international-$ in 2021 prices | 93,046 international-$ in 2021 prices | 105,973 international-$ in 2021 prices | 10 |
| 2020s | 97,063 international-$ in 2021 prices | 88,485 international-$ in 2021 prices | 104,300 international-$ in 2021 prices | 5 |
Countries ranked near Bermuda
- 3 Luxembourg 127,421 international-$ in 2021 prices compare
- 4 Macao 117,098 international-$ in 2021 prices compare
- 5 Qatar 110,136 international-$ in 2021 prices compare
- 7 Norway 95,173 international-$ in 2021 prices compare
- 8 Switzerland 85,732 international-$ in 2021 prices compare
- 9 Guyana 83,659 international-$ in 2021 prices 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 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$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita in Bermuda?
- Gdp per capita in Bermuda was 104,300 international-$ in 2021 prices in 2024, according to Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data.
- What is the highest gdp per capita recorded in Bermuda?
- The highest recorded value was 118,696 international-$ in 2021 prices in 2007.
- What is the lowest gdp per capita recorded in Bermuda?
- The lowest recorded value was 75,770 international-$ in 2021 prices in 1992.
- How does Bermuda rank for gdp per capita?
- Bermuda ranks 6th out of 198 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 Eurostat, OECD, IMF, and World Bank (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 — 35 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 for inflation and differences in living costs between countries.