GNI (constant LCU), annual growth rate in Bermuda
Bermuda: GNI (constant LCU), annual growth rate was 2.17 % change on previous year in 2024. ◆ Volatile
GNI (constant LCU), annual growth rate in Bermuda, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gni (constant lcu), annual growth rate in Bermuda stood at 2.17 % change on previous year.
The figure is down 68.5% on the previous year and up 469.6% over ten years.
Over the whole period, gni (constant lcu), annual growth rate in Bermuda peaked at 6.88 % change on previous year in 2023 and was at its lowest, -10.49 % change on previous year, in 2020.
That places Bermuda 114th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI (constant LCU), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | -0.5862 % change on previous year | — |
| 2016 | -2.08 % change on previous year | +254.3% |
| 2017 | 6.77 % change on previous year | -425.8% |
| 2018 | -2.87 % change on previous year | -142.4% |
| 2019 | 0.8627 % change on previous year | -130.1% |
| 2020 | -10.49 % change on previous year | -1315.5% |
| 2021 | 6.47 % change on previous year | -161.7% |
| 2022 | 5.15 % change on previous year | -20.4% |
| 2023 | 6.88 % change on previous year | +33.7% |
| 2024 | 2.17 % change on previous year | -68.5% |
Bermuda compared with similar countries
- Bermuda's 2.17 % change on previous year is below the median for high income countries, which is 2.41 % change on previous year, 90% of the median. (59 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.4191 % change on previous year | -2.87 % change on previous year | 6.77 % change on previous year | 5 |
| 2020s | 2.04 % change on previous year | -10.49 % change on previous year | 6.88 % change on previous year | 5 |
Countries ranked near Bermuda
- 111 Israel 2.39 % change on previous year compare
- 112 Brazil 2.18 % change on previous year compare
- 113 South Korea 2.18 % change on previous year compare
- 115 Tunisia 2.15 % change on previous year compare
- 116 South Africa 2.08 % change on previous year compare
- 117 Zimbabwe 2.05 % change on previous year compare
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ 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 capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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)
Frequently asked questions
- What is gni (constant lcu), annual growth rate in Bermuda?
- Gni (constant lcu), annual growth rate in Bermuda was 2.17 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gni (constant lcu), annual growth rate recorded in Bermuda?
- The highest recorded value was 6.88 % change on previous year in 2023.
- What is the lowest gni (constant lcu), annual growth rate recorded in Bermuda?
- The lowest recorded value was -10.49 % change on previous year in 2020.
- How does Bermuda rank for gni (constant lcu), annual growth rate?
- Bermuda ranks 114th out of 167 countries with data for 2024.
- Is gni (constant lcu), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 469.6%. 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 GNI (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 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 GNI (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI Country official statistics, National Statistical Organizations and/or Central Banks
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 GNI (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.