Gross domestic product (GDP), per capita in Bermuda
Bermuda: Gross domestic product (GDP), per capita was 62,179 international-$ in 2021 prices per person in 2023. ▲ Rising
Gross domestic product (GDP), per capita in Bermuda, 1970–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
The most recent figure for gross domestic product (gdp), per capita in Bermuda is 62,179 international-$ in 2021 prices per person, measured in 2023.
That represents a change of up 6.1% on the previous year and up 15.0% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Bermuda peaked at 76,800 international-$ in 2021 prices per person in 2011 and was at its lowest, 12,855 international-$ in 2021 prices per person, in 1970.
Bermuda ranks 17th of 181 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 29 years of available data.
Gross domestic product (GDP), per capita in Bermuda, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1970 | 12,855 international-$ in 2021 prices per person | — |
| 1971 | 24,480 international-$ in 2021 prices per person | +90.4% |
| 1972 | 19,782 international-$ in 2021 prices per person | -19.2% |
| 1973 | 19,131 international-$ in 2021 prices per person | -3.3% |
| 1974 | 15,359 international-$ in 2021 prices per person | -19.7% |
| 1975 | 16,546 international-$ in 2021 prices per person | +7.7% |
| 1976 | 20,767 international-$ in 2021 prices per person | +25.5% |
| 1977 | 19,209 international-$ in 2021 prices per person | -7.5% |
| 1978 | 19,582 international-$ in 2021 prices per person | +1.9% |
| 1979 | 19,243 international-$ in 2021 prices per person | -1.7% |
| 2005 | 47,638 international-$ in 2021 prices per person | +147.6% |
| 2006 | 51,365 international-$ in 2021 prices per person | +7.8% |
| 2007 | 52,724 international-$ in 2021 prices per person | +2.6% |
| 2008 | 67,108 international-$ in 2021 prices per person | +27.3% |
| 2009 | 69,122 international-$ in 2021 prices per person | +3.0% |
| 2010 | 75,087 international-$ in 2021 prices per person | +8.6% |
| 2011 | 76,800 international-$ in 2021 prices per person | +2.3% |
| 2012 | 61,000 international-$ in 2021 prices per person | -20.6% |
| 2013 | 54,049 international-$ in 2021 prices per person | -11.4% |
| 2014 | 53,428 international-$ in 2021 prices per person | -1.1% |
| 2015 | 50,014 international-$ in 2021 prices per person | -6.4% |
| 2016 | 48,373 international-$ in 2021 prices per person | -3.3% |
| 2017 | 48,960 international-$ in 2021 prices per person | +1.2% |
| 2018 | 53,109 international-$ in 2021 prices per person | +8.5% |
| 2019 | 58,643 international-$ in 2021 prices per person | +10.4% |
| 2020 | 61,527 international-$ in 2021 prices per person | +4.9% |
| 2021 | 61,707 international-$ in 2021 prices per person | +0.3% |
| 2022 | 58,587 international-$ in 2021 prices per person | -5.1% |
| 2023 | 62,179 international-$ in 2021 prices per person | +6.1% |
Bermuda compared with similar countries
- Bermuda's 62,179 international-$ in 2021 prices per person is above the median for high income countries, which is 45,244 international-$ in 2021 prices per person, 1.4× the median. (66 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per capita in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +147.6% | 19,243 international-$ in 2021 prices per person | 47,638 international-$ in 2021 prices per person |
| 1971 | +90.4% | 12,855 international-$ in 2021 prices per person | 24,480 international-$ in 2021 prices per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18,696 international-$ in 2021 prices per person | 12,855 international-$ in 2021 prices per person | 24,480 international-$ in 2021 prices per person | 10 |
| 2000s | 57,591 international-$ in 2021 prices per person | 47,638 international-$ in 2021 prices per person | 69,122 international-$ in 2021 prices per person | 5 |
| 2010s | 57,946 international-$ in 2021 prices per person | 48,373 international-$ in 2021 prices per person | 76,800 international-$ in 2021 prices per person | 10 |
| 2020s | 61,000 international-$ in 2021 prices per person | 58,587 international-$ in 2021 prices per person | 62,179 international-$ in 2021 prices per person | 4 |
Countries ranked near Bermuda
- 14 Australia 63,829 international-$ in 2021 prices per person compare
- 15 Iceland 63,507 international-$ in 2021 prices per person compare
- 16 Austria 62,844 international-$ in 2021 prices per person compare
- 18 Germany 60,891 international-$ in 2021 prices per person compare
- 19 Sweden 59,671 international-$ in 2021 prices per person compare
- 20 Saudi Arabia 58,274 international-$ in 2021 prices per person 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 domestic product (gdp), per capita in Bermuda?
- Gross domestic product (gdp), per capita in Bermuda was 62,179 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Bermuda?
- The highest recorded value was 76,800 international-$ in 2021 prices per person in 2011.
- What is the lowest gross domestic product (gdp), per capita recorded in Bermuda?
- The lowest recorded value was 12,855 international-$ in 2021 prices per person in 1970.
- How does Bermuda rank for gross domestic product (gdp), per capita?
- Bermuda ranks 17th out of 181 countries with data for 2023.
- Is gross domestic product (gdp), per capita rising or falling in Bermuda?
- Over the last ten years it is up 15.0%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.