Gross capital formation in Bermuda
Bermuda: Gross capital formation was 850.30 million constant LCU in 2024. ▬ Flat
Gross capital formation in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross capital formation in Bermuda stood at 850.30 million constant LCU.
The figure 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 1.05 billion constant LCU in 2019 and was at its lowest, 762.21 million constant LCU, in 2014.
That places Bermuda 160th out of 170 countries with data for 2024, putting it in the bottom quarter.
Gross capital formation in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2014 | 762.21 million constant LCU | — |
| 2015 | 771.55 million constant LCU | +1.2% |
| 2016 | 890.76 million constant LCU | +15.5% |
| 2017 | 956.53 million constant LCU | +7.4% |
| 2018 | 940.68 million constant LCU | -1.7% |
| 2019 | 1.05 billion constant LCU | +11.7% |
| 2020 | 791.50 million constant LCU | -24.7% |
| 2021 | 868.10 million constant LCU | +9.7% |
| 2022 | 840.20 million constant LCU | -3.2% |
| 2023 | 823.00 million constant LCU | -2.0% |
| 2024 | 850.30 million constant LCU | +3.3% |
Bermuda compared with similar countries
- Bermuda's 850.30 million constant LCU is below the median for high income countries, which is 120.45 billion constant LCU, 1% of the median. (58 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 895.42 million constant LCU | 762.21 million constant LCU | 1.05 billion constant LCU | 6 |
| 2020s | 834.62 million constant LCU | 791.50 million constant LCU | 868.10 million constant LCU | 5 |
Countries ranked near Bermuda
- 157 Venezuela 1.50 billion constant LCU compare
- 158 Belize 1.06 billion constant LCU compare
- 159 Sao Tome and Principe 1.01 billion constant LCU compare
- 161 Samoa 824.10 million constant LCU compare
- 162 East Timor 543.83 million constant LCU compare
- 163 Tajikistan 498.04 million constant LCU compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU 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 unit 0.0128 BoP, current US$ per US$ of GDP (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 850.30 million constant LCU 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 1.05 billion constant LCU in 2019.
- What is the lowest gross capital formation recorded in Bermuda?
- The lowest recorded value was 762.21 million constant LCU in 2014.
- How does Bermuda rank for gross capital formation?
- Bermuda ranks 160th out of 170 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.