GDP, PPP (constant 2021 international $), annual growth rate in Bermuda
Bermuda: GDP, PPP (constant 2021 international $), annual growth rate was 1.89 % change on previous year in 2024. ◆ Volatile
GDP, PPP (constant 2021 international $), annual growth rate in Bermuda, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp, ppp (constant 2021 international $), annual growth rate in Bermuda is 1.89 % change on previous year, measured in 2024.
Compared with earlier readings it is down 56.4% on the previous year and up 151.0% over ten years.
Over the whole period, gdp, ppp (constant 2021 international $), annual growth rate in Bermuda peaked at 9.32 % change on previous year in 2000 and was at its lowest, -6.97 % change on previous year, in 2020.
Bermuda ranks 143rd of 200 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, PPP (constant 2021 international $), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -3.53 % change on previous year | — |
| 1992 | -0.0598 % change on previous year | -98.3% |
| 1993 | 3.01 % change on previous year | -5127.5% |
| 1994 | 0.5995 % change on previous year | -80.1% |
| 1995 | 4.4 % change on previous year | +633.8% |
| 1996 | 2.6 % change on previous year | -40.9% |
| 1997 | 4.6 % change on previous year | +76.9% |
| 1998 | 3.9 % change on previous year | -15.2% |
| 1999 | 3.38 % change on previous year | -13.3% |
| 2000 | 9.32 % change on previous year | +175.4% |
| 2001 | 7.22 % change on previous year | -22.5% |
| 2002 | -1.48 % change on previous year | -120.5% |
| 2003 | 3.41 % change on previous year | -330.8% |
| 2004 | 2.32 % change on previous year | -31.9% |
| 2005 | 1.67 % change on previous year | -27.9% |
| 2006 | 5.54 % change on previous year | +231.1% |
| 2007 | 3.35 % change on previous year | -39.7% |
| 2008 | -1.87 % change on previous year | -155.8% |
| 2009 | -5.63 % change on previous year | +201.6% |
| 2010 | -2.5 % change on previous year | -55.5% |
| 2011 | -3.74 % change on previous year | +49.5% |
| 2012 | -5.31 % change on previous year | +41.8% |
| 2013 | -0.2796 % change on previous year | -94.7% |
| 2014 | -3.7 % change on previous year | +1223.8% |
| 2015 | 0.7757 % change on previous year | -121.0% |
| 2016 | -0.6572 % change on previous year | -184.7% |
| 2017 | 3.61 % change on previous year | -649.5% |
| 2018 | -0.4327 % change on previous year | -112.0% |
| 2019 | 0.307 % change on previous year | -170.9% |
| 2020 | -6.97 % change on previous year | -2371.2% |
| 2021 | 4.76 % change on previous year | -168.3% |
| 2022 | 6.26 % change on previous year | +31.3% |
| 2023 | 4.33 % change on previous year | -30.7% |
| 2024 | 1.89 % change on previous year | -56.4% |
Bermuda compared with similar countries
- Bermuda's 1.89 % change on previous year is below the median for high income countries, which is 2.15 % change on previous year, 88% of the median. (74 countries reporting)
Biggest year-on-year movements
Years where GDP, PPP (constant 2021 international $), annual growth rate in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +5127.5% | -0.0598 % change on previous year | 3.01 % change on previous year |
| 2020 | -2371.2% | 0.307 % change on previous year | -6.97 % change on previous year |
| 2014 | -1223.8% | -0.2796 % change on previous year | -3.7 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.1 % change on previous year | -3.53 % change on previous year | 4.6 % change on previous year | 9 |
| 2000s | 2.39 % change on previous year | -5.63 % change on previous year | 9.32 % change on previous year | 10 |
| 2010s | -1.19 % change on previous year | -5.31 % change on previous year | 3.61 % change on previous year | 10 |
| 2020s | 2.05 % change on previous year | -6.97 % change on previous year | 6.26 % change on previous year | 5 |
Countries ranked near Bermuda
- 140 Greece 2.07 % change on previous year compare
- 141 Serbia 2.03 % change on previous year compare
- 142 Lesotho 1.98 % change on previous year compare
- 144 Malawi 1.88 % change on previous year compare
- 145 Afghanistan 1.87 % change on previous year compare
- 146 Portugal 1.86 % change on previous year compare
More economy & growth data for Bermuda
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ 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$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (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 US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 15,245 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gdp, ppp (constant 2021 international $), annual growth rate in Bermuda?
- Gdp, ppp (constant 2021 international $), annual growth rate in Bermuda was 1.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp, ppp (constant 2021 international $), annual growth rate recorded in Bermuda?
- The highest recorded value was 9.32 % change on previous year in 2000.
- What is the lowest gdp, ppp (constant 2021 international $), annual growth rate recorded in Bermuda?
- The lowest recorded value was -6.97 % change on previous year in 2020.
- How does Bermuda rank for gdp, ppp (constant 2021 international $), annual growth rate?
- Bermuda ranks 143rd out of 200 countries with data for 2024.
- Is gdp, ppp (constant 2021 international $), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 151.0%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of GDP, PPP (constant 2021 international $), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP, PPP (constant 2021 international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP, PPP International Comparison Program (ICP), World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP, PPP (constant 2021 international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.