GNI, PPP (constant 2021 international $) in Bermuda
Bermuda: GNI, PPP was 7.15 billion constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Bermuda, 2014–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni, ppp in Bermuda stood at 7.15 billion constant 2021 international $. That is the highest value across all 11 years on record.
The figure is up 2.2% on the previous year and up 11.4% over ten years.
Over the whole period, gni, ppp in Bermuda peaked at 7.15 billion constant 2021 international $ in 2024 and was at its lowest, 5.85 billion constant 2021 international $, in 2020.
Bermuda ranks 143rd of 159 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
GNI, PPP in Bermuda, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2014 | 6.41 billion constant 2021 international $ | — |
| 2015 | 6.38 billion constant 2021 international $ | -0.6% |
| 2016 | 6.24 billion constant 2021 international $ | -2.1% |
| 2017 | 6.67 billion constant 2021 international $ | +6.8% |
| 2018 | 6.47 billion constant 2021 international $ | -2.9% |
| 2019 | 6.53 billion constant 2021 international $ | +0.9% |
| 2020 | 5.85 billion constant 2021 international $ | -10.5% |
| 2021 | 6.22 billion constant 2021 international $ | +6.5% |
| 2022 | 6.54 billion constant 2021 international $ | +5.1% |
| 2023 | 6.99 billion constant 2021 international $ | +6.9% |
| 2024 | 7.15 billion constant 2021 international $ | +2.2% |
Bermuda compared with similar countries
- Bermuda's 7.15 billion constant 2021 international $ is below the median for high income countries, which is 429.86 billion constant 2021 international $, 2% of the median. (57 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.45 billion constant 2021 international $ | 6.24 billion constant 2021 international $ | 6.67 billion constant 2021 international $ | 6 |
| 2020s | 6.55 billion constant 2021 international $ | 5.85 billion constant 2021 international $ | 7.15 billion constant 2021 international $ | 5 |
Countries ranked near Bermuda
- 140 Djibouti 9.20 billion constant 2021 international $ compare
- 141 Gambia 8.27 billion constant 2021 international $ compare
- 142 Lesotho 7.61 billion constant 2021 international $ compare
- 144 Central African Republic 6.51 billion constant 2021 international $ compare
- 145 Guinea-Bissau 6.35 billion constant 2021 international $ compare
- 146 Cape Verde 5.40 billion constant 2021 international $ 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, ppp in Bermuda?
- Gni, ppp in Bermuda was 7.15 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Bermuda?
- The highest recorded value was 7.15 billion constant 2021 international $ in 2024.
- What is the lowest gni, ppp recorded in Bermuda?
- The lowest recorded value was 5.85 billion constant 2021 international $ in 2020.
- How does Bermuda rank for gni, ppp?
- Bermuda ranks 143rd out of 159 countries with data for 2024.
- Is gni, ppp rising or falling in Bermuda?
- Over the last ten years it is up 11.4%. 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 GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) expressed in constant 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 national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. 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.