Gross capital formation in Bermuda
Bermuda: Gross capital formation was 1.01 billion current LCU in 2024. ▲ Rising
Gross capital formation in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in Bermuda is 1.01 billion current LCU, measured in 2024.
Compared with earlier readings it is up 5.2% on the previous year and up 30.8% over ten years.
Over the whole period, gross capital formation in Bermuda peaked at 1.09 billion current LCU in 2019 and was at its lowest, 702.52 million current LCU, in 2012.
Bermuda ranks 180th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross capital formation in Bermuda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 865.34 million current LCU | — |
| 2011 | 794.30 million current LCU | -8.2% |
| 2012 | 702.52 million current LCU | -11.6% |
| 2013 | 704.32 million current LCU | +0.3% |
| 2014 | 775.75 million current LCU | +10.1% |
| 2015 | 791.40 million current LCU | +2.0% |
| 2016 | 883.41 million current LCU | +11.6% |
| 2017 | 983.04 million current LCU | +11.3% |
| 2018 | 968.99 million current LCU | -1.4% |
| 2019 | 1.09 billion current LCU | +13.0% |
| 2020 | 842.87 million current LCU | -23.0% |
| 2021 | 940.63 million current LCU | +11.6% |
| 2022 | 986.72 million current LCU | +4.9% |
| 2023 | 964.76 million current LCU | -2.2% |
| 2024 | 1.01 billion current LCU | +5.2% |
Bermuda compared with similar countries
- Bermuda's 1.01 billion current LCU is below the median for high income countries, which is 146.46 billion current LCU, 1% of the median. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 856.39 million current LCU | 702.52 million current LCU | 1.09 billion current LCU | 10 |
| 2020s | 949.99 million current LCU | 842.87 million current LCU | 1.01 billion current LCU | 5 |
Countries ranked near Bermuda
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 1.01 billion current 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 1.09 billion current LCU in 2019.
- What is the lowest gross capital formation recorded in Bermuda?
- The lowest recorded value was 702.52 million current LCU in 2012.
- How does Bermuda rank for gross capital formation?
- Bermuda ranks 180th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Bermuda?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is rising.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.