GDP, PPP in Bermuda
Bermuda: GDP, PPP was 7.67 billion current international $ in 2024. ▲ Rising
GDP, PPP in Bermuda, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Bermuda recorded 7.67 billion current international $ for gdp, ppp in 2024. That is the highest value across all 35 years on record.
That represents a change of up 4.4% on the previous year and up 67.8% over ten years.
Over the whole period, gdp, ppp in Bermuda peaked at 7.67 billion current international $ in 2024 and was at its lowest, 2.06 billion current international $, in 1991.
Bermuda ranks 167th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP, PPP in Bermuda, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 2.07 billion current international $ | — |
| 1991 | 2.06 billion current international $ | -0.3% |
| 1992 | 2.11 billion current international $ | +2.2% |
| 1993 | 2.22 billion current international $ | +5.5% |
| 1994 | 2.29 billion current international $ | +2.7% |
| 1995 | 2.44 billion current international $ | +6.6% |
| 1996 | 2.54 billion current international $ | +4.5% |
| 1997 | 2.71 billion current international $ | +6.4% |
| 1998 | 2.84 billion current international $ | +5.1% |
| 1999 | 2.98 billion current international $ | +4.8% |
| 2000 | 3.33 billion current international $ | +11.8% |
| 2001 | 3.66 billion current international $ | +9.6% |
| 2002 | 3.66 billion current international $ | +0.1% |
| 2003 | 3.86 billion current international $ | +5.5% |
| 2004 | 4.05 billion current international $ | +5.1% |
| 2005 | 4.25 billion current international $ | +4.9% |
| 2006 | 4.62 billion current international $ | +8.8% |
| 2007 | 4.91 billion current international $ | +6.1% |
| 2008 | 4.91 billion current international $ | +0.0% |
| 2009 | 4.66 billion current international $ | -5.0% |
| 2010 | 4.60 billion current international $ | -1.3% |
| 2011 | 4.52 billion current international $ | -1.8% |
| 2012 | 4.40 billion current international $ | -2.6% |
| 2013 | 4.55 billion current international $ | +3.3% |
| 2014 | 4.57 billion current international $ | +0.6% |
| 2015 | 4.82 billion current international $ | +5.4% |
| 2016 | 5.10 billion current international $ | +5.9% |
| 2017 | 5.45 billion current international $ | +6.8% |
| 2018 | 5.49 billion current international $ | +0.7% |
| 2019 | 5.83 billion current international $ | +6.3% |
| 2020 | 5.48 billion current international $ | -6.0% |
| 2021 | 5.97 billion current international $ | +8.9% |
| 2022 | 6.79 billion current international $ | +13.8% |
| 2023 | 7.35 billion current international $ | +8.2% |
| 2024 | 7.67 billion current international $ | +4.4% |
Bermuda compared with similar countries
- Bermuda's 7.67 billion current international $ is below the median for high income countries, which is 249.67 billion current international $, 3% of the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.43 billion current international $ | 2.06 billion current international $ | 2.98 billion current international $ | 10 |
| 2000s | 4.19 billion current international $ | 3.33 billion current international $ | 4.91 billion current international $ | 10 |
| 2010s | 4.93 billion current international $ | 4.40 billion current international $ | 5.83 billion current international $ | 10 |
| 2020s | 6.65 billion current international $ | 5.48 billion current international $ | 7.67 billion current international $ | 5 |
Countries ranked near Bermuda
- 164 Liberia 11.35 billion current international $ compare
- 165 Gambia 10.46 billion current international $ compare
- 166 Djibouti 10.01 billion current international $ compare
- 168 Lesotho 7.53 billion current international $ compare
- 169 Guinea-Bissau 7.41 billion current international $ compare
- 170 Barbados 7.32 billion current international $ 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 in Bermuda?
- Gdp, ppp in Bermuda was 7.67 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Bermuda?
- The highest recorded value was 7.67 billion current international $ in 2024.
- What is the lowest gdp, ppp recorded in Bermuda?
- The lowest recorded value was 2.06 billion current international $ in 1991.
- How does Bermuda rank for gdp, ppp?
- Bermuda ranks 167th out of 204 countries with data for 2024.
- Is gdp, ppp rising or falling in Bermuda?
- Over the last ten years it is up 67.8%. 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, PPP (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) 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. 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.