Gross domestic income in Bermuda
Bermuda: Gross domestic income was 7.25 billion constant LCU in 2024. ▲ Rising
Gross domestic income in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross domestic income in Bermuda is 7.25 billion constant LCU, measured in 2024. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 11.6% over ten years.
Over the whole period, gross domestic income in Bermuda peaked at 7.25 billion constant LCU in 2024 and was at its lowest, 5.94 billion constant LCU, in 2020.
Bermuda ranks 162nd of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Gross domestic income in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2014 | 6.49 billion constant LCU | — |
| 2015 | 6.56 billion constant LCU | +1.1% |
| 2016 | 6.43 billion constant LCU | -1.9% |
| 2017 | 6.78 billion constant LCU | +5.3% |
| 2018 | 6.61 billion constant LCU | -2.5% |
| 2019 | 6.84 billion constant LCU | +3.5% |
| 2020 | 5.94 billion constant LCU | -13.2% |
| 2021 | 6.20 billion constant LCU | +4.4% |
| 2022 | 6.51 billion constant LCU | +4.9% |
| 2023 | 7.18 billion constant LCU | +10.4% |
| 2024 | 7.25 billion constant LCU | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.62 billion constant LCU | 6.43 billion constant LCU | 6.84 billion constant LCU | 6 |
| 2020s | 6.62 billion constant LCU | 5.94 billion constant LCU | 7.25 billion constant LCU | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- GDP (constant 2015 US$), per unit of GDP 0.8191 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant LCU), per capita 109,864 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.7723 constant LCU per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9798 current US$ per US$ of GDP (2024)
- GDP (constant LCU), annual growth rate 1.89 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 116,514 constant 2015 US$ per person (2024)
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 142,250 current LCU per person (2024)
- Gross domestic savings (current US$), annual growth rate 10.52 % change on previous year (2024)
Frequently asked questions
- What is gross domestic income in Bermuda?
- Gross domestic income in Bermuda was 7.25 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Bermuda?
- The highest recorded value was 7.25 billion constant LCU in 2024.
- What is the lowest gross domestic income recorded in Bermuda?
- The lowest recorded value was 5.94 billion constant LCU in 2020.
- How does Bermuda rank for gross domestic income?
- Bermuda ranks 162nd out of 178 countries with data for 2024.
- Is gross domestic income rising or falling in Bermuda?
- Over the last ten years it is up 11.6%. 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 domestic income (constant LCU). 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
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. 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.