Gross domestic product (GDP) in Bermuda
Bermuda: Gross domestic product (GDP) was 7.53 billion constant 2015 US$ in 2024. ▲ Rising
Gross domestic product (GDP) 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$.
Analysis
The most recent figure for gross domestic product (gdp) in Bermuda is 7.53 billion constant 2015 US$, measured in 2024.
The figure is up 1.9% on the previous year and up 14.0% over ten years.
Over the whole period, gross domestic product (gdp) in Bermuda peaked at 8.35 billion constant 2015 US$ in 2007 and was at its lowest, 1.68 billion constant 2015 US$, in 1960.
That places Bermuda 157th out of 209 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.25 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 2.96 billion constant 2015 US$ | 10 |
| 1970s | 3.63 billion constant 2015 US$ | 3.15 billion constant 2015 US$ | 4.22 billion constant 2015 US$ | 10 |
| 1980s | 4.69 billion constant 2015 US$ | 4.41 billion constant 2015 US$ | 5.13 billion constant 2015 US$ | 10 |
| 1990s | 5.39 billion constant 2015 US$ | 4.94 billion constant 2015 US$ | 6.17 billion constant 2015 US$ | 10 |
| 2000s | 7.60 billion constant 2015 US$ | 6.74 billion constant 2015 US$ | 8.35 billion constant 2015 US$ | 10 |
| 2010s | 6.89 billion constant 2015 US$ | 6.60 billion constant 2015 US$ | 7.54 billion constant 2015 US$ | 10 |
| 2020s | 7.01 billion constant 2015 US$ | 6.36 billion constant 2015 US$ | 7.53 billion constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 154 Somalia 9.15 billion constant 2015 US$ compare
- 155 Mauritania 9.10 billion constant 2015 US$ compare
- 156 Equatorial Guinea 8.72 billion constant 2015 US$ compare
- 158 Isle of Man 7.10 billion constant 2015 US$ compare
- 159 Maldives 6.62 billion constant 2015 US$ compare
- 160 Barbados 6.50 billion constant 2015 US$ compare
More economy & growth data for Bermuda
- External balance on goods and services as a percent of GDP 30.1% (2024)
- GDP per capita 116,514 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.3% (2024)
- GDP per capita in international and market dollars 116,514 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -229.00 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -229.00 million current US$ (2024)
- Taxes less subsidies on products 332.49 million current LCU (2024)
- Taxes less subsidies on products 332.49 million current US$ (2024)
- Net primary income (Net income from abroad) 294.75 million current LCU (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Bermuda?
- Gross domestic product (gdp) in Bermuda was 7.53 billion 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 gross domestic product (gdp) recorded in Bermuda?
- The highest recorded value was 8.35 billion constant 2015 US$ in 2007.
- What is the lowest gross domestic product (gdp) recorded in Bermuda?
- The lowest recorded value was 1.68 billion constant 2015 US$ in 1960.
- How does Bermuda rank for gross domestic product (gdp)?
- Bermuda ranks 157th out of 209 countries with data for 2024.
- Is gross domestic product (gdp) rising or falling in Bermuda?
- Over the last ten years it is up 14.0%. 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 Gross domestic product (GDP). 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
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.