Gross capital formation in Bermuda
Bermuda: Gross capital formation was 872.17 million constant 2015 US$ in 2024. ▬ Flat
Gross capital formation in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Bermuda recorded 872.17 million constant 2015 US$ for gross capital formation in 2024.
Compared with earlier readings it is up 3.3% on the previous year and up 11.6% over ten years.
Over the whole period, gross capital formation in Bermuda peaked at 1.08 billion constant 2015 US$ in 2019 and was at its lowest, 781.81 million constant 2015 US$, in 2014.
Bermuda ranks 140th of 163 countries on this measure, in the bottom quarter.
Gross capital formation in Bermuda, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2014 | 781.81 million constant 2015 US$ | — |
| 2015 | 791.40 million constant 2015 US$ | +1.2% |
| 2016 | 913.67 million constant 2015 US$ | +15.5% |
| 2017 | 981.13 million constant 2015 US$ | +7.4% |
| 2018 | 964.87 million constant 2015 US$ | -1.7% |
| 2019 | 1.08 billion constant 2015 US$ | +11.7% |
| 2020 | 811.86 million constant 2015 US$ | -24.7% |
| 2021 | 890.42 million constant 2015 US$ | +9.7% |
| 2022 | 861.81 million constant 2015 US$ | -3.2% |
| 2023 | 844.16 million constant 2015 US$ | -2.0% |
| 2024 | 872.17 million constant 2015 US$ | +3.3% |
Bermuda compared with similar countries
- Bermuda's 872.17 million constant 2015 US$ is below the median for high income countries, which is 50.23 billion constant 2015 US$, 2% of the median. (58 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 918.45 million constant 2015 US$ | 781.81 million constant 2015 US$ | 1.08 billion constant 2015 US$ | 6 |
| 2020s | 856.08 million constant 2015 US$ | 811.86 million constant 2015 US$ | 890.42 million constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 137 Greenland 1.04 billion constant 2015 US$ compare
- 138 Maldives 948.67 million constant 2015 US$ compare
- 139 Lesotho 876.02 million constant 2015 US$ compare
- 141 Gambia 845.19 million constant 2015 US$ compare
- 142 South Sudan 689.96 million constant 2015 US$
- 143 Eswatini 605.51 million constant 2015 US$ 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 gross capital formation in Bermuda?
- Gross capital formation in Bermuda was 872.17 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Bermuda?
- The highest recorded value was 1.08 billion constant 2015 US$ in 2019.
- What is the lowest gross capital formation recorded in Bermuda?
- The lowest recorded value was 781.81 million constant 2015 US$ in 2014.
- How does Bermuda rank for gross capital formation?
- Bermuda ranks 140th out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Bermuda?
- Over the last ten years it is up 11.6%. The long-run trend across the full record is flat.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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 2015. This indicator is expressed in United States dollars.