Gross domestic product (GDP), per unit of GDP in Bermuda
Bermuda: Gross domestic product (GDP), per unit of GDP was 0.7332 international-$ in 2021 prices per US$ of GDP in 2024. ▼ Falling
Gross domestic product (GDP), per unit of GDP in Bermuda, 1990–2024
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Bermuda recorded 0.7332 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2024. That is the lowest value across all 35 years on record.
That represents a change of down 4.7% on the previous year and down 20.4% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Bermuda peaked at 2.88 international-$ in 2021 prices per US$ of GDP in 1990 and was at its lowest, 0.7332 international-$ in 2021 prices per US$ of GDP, in 2024.
That places Bermuda 197th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Gross domestic product (GDP), per unit of GDP in Bermuda, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1990 | 2.88 international-$ in 2021 prices per US$ of GDP | — |
| 1991 | 2.71 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 1992 | 2.63 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 1993 | 2.5 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 1994 | 2.46 international-$ in 2021 prices per US$ of GDP | -1.9% |
| 1995 | 2.36 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 1996 | 1.82 international-$ in 2021 prices per US$ of GDP | -22.7% |
| 1997 | 1.75 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 1998 | 1.71 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 1999 | 1.66 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 2000 | 1.73 international-$ in 2021 prices per US$ of GDP | +4.4% |
| 2001 | 1.76 international-$ in 2021 prices per US$ of GDP | +1.4% |
| 2002 | 1.62 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 2003 | 1.57 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 2004 | 1.5 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 2005 | 1.41 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 2006 | 1.18 international-$ in 2021 prices per US$ of GDP | -16.4% |
| 2007 | 1.11 international-$ in 2021 prices per US$ of GDP | -6.2% |
| 2008 | 1.05 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 2009 | 1.04 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 2010 | 1.02 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 2011 | 1.03 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 2012 | 0.9651 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 2013 | 0.9494 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 2014 | 0.9216 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2015 | 0.8952 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2016 | 0.8577 international-$ in 2021 prices per US$ of GDP | -4.2% |
| 2017 | 0.8585 international-$ in 2021 prices per US$ of GDP | +0.1% |
| 2018 | 0.8449 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 2019 | 0.8249 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 2020 | 0.8271 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 2021 | 0.8187 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 2022 | 0.8164 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 2023 | 0.7692 international-$ in 2021 prices per US$ of GDP | -5.8% |
| 2024 | 0.7332 international-$ in 2021 prices per US$ of GDP | -4.7% |
Bermuda compared with similar countries
- Bermuda's 0.7332 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.24 international-$ in 2021 prices per US$ of GDP, 59% of the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.25 international-$ in 2021 prices per US$ of GDP | 1.66 international-$ in 2021 prices per US$ of GDP | 2.88 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.4 international-$ in 2021 prices per US$ of GDP | 1.04 international-$ in 2021 prices per US$ of GDP | 1.76 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 0.9165 international-$ in 2021 prices per US$ of GDP | 0.8249 international-$ in 2021 prices per US$ of GDP | 1.03 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 0.7929 international-$ in 2021 prices per US$ of GDP | 0.7332 international-$ in 2021 prices per US$ of GDP | 0.8271 international-$ in 2021 prices per US$ of GDP | 5 |
Countries ranked near Bermuda
- 194 Barbados 0.7801 international-$ in 2021 prices per US$ of GDP compare
- 195 Cayman Islands 0.7766 international-$ in 2021 prices per US$ of GDP compare
- 196 Switzerland 0.747 international-$ in 2021 prices per US$ of GDP compare
- 198 Iceland 0.6923 international-$ in 2021 prices per US$ of GDP compare
More economy & growth data for Bermuda
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ 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$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (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 US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 15,245 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Bermuda?
- Gross domestic product (gdp), per unit of gdp in Bermuda was 0.7332 international-$ in 2021 prices per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Bermuda?
- The highest recorded value was 2.88 international-$ in 2021 prices per US$ of GDP in 1990.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.7332 international-$ in 2021 prices per US$ of GDP in 2024.
- How does Bermuda rank for gross domestic product (gdp), per unit of gdp?
- Bermuda ranks 197th out of 198 countries with data for 2024.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.