Gross domestic product (GDP) in Bermuda
Bermuda: Gross domestic product (GDP) was 6.74 billion international-$ in 2021 prices in 2024. ▲ Rising
Gross domestic product (GDP) 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 6.74 billion international-$ in 2021 prices for gross domestic product (gdp) in 2024.
Compared with earlier readings it 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 7.48 billion international-$ in 2021 prices in 2007 and was at its lowest, 4.43 billion international-$ in 2021 prices, in 1992.
Bermuda ranks 162nd of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.83 billion international-$ in 2021 prices | 4.43 billion international-$ in 2021 prices | 5.52 billion international-$ in 2021 prices | 10 |
| 2000s | 6.80 billion international-$ in 2021 prices | 6.03 billion international-$ in 2021 prices | 7.48 billion international-$ in 2021 prices | 10 |
| 2010s | 6.17 billion international-$ in 2021 prices | 5.91 billion international-$ in 2021 prices | 6.75 billion international-$ in 2021 prices | 10 |
| 2020s | 6.27 billion international-$ in 2021 prices | 5.70 billion international-$ in 2021 prices | 6.74 billion international-$ in 2021 prices | 5 |
Countries ranked near Bermuda
- 159 Liberia 9.70 billion international-$ in 2021 prices compare
- 160 Gambia 8.94 billion international-$ in 2021 prices compare
- 161 Djibouti 8.55 billion international-$ in 2021 prices compare
- 163 Lesotho 6.43 billion international-$ in 2021 prices compare
- 164 Guinea-Bissau 6.33 billion international-$ in 2021 prices compare
- 165 Barbados 6.25 billion international-$ in 2021 prices 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)
- Gross domestic product (GDP) 7.53 billion constant 2015 US$ (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)
Frequently asked questions
- What is gross domestic product (gdp) in Bermuda?
- Gross domestic product (gdp) in Bermuda was 6.74 billion 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 gross domestic product (gdp) recorded in Bermuda?
- The highest recorded value was 7.48 billion international-$ in 2021 prices in 2007.
- What is the lowest gross domestic product (gdp) recorded in Bermuda?
- The lowest recorded value was 4.43 billion international-$ in 2021 prices in 1992.
- How does Bermuda rank for gross domestic product (gdp)?
- Bermuda ranks 162nd out of 198 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 Eurostat, OECD, IMF, and World Bank (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.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.