Gross domestic product (GDP), per unit of GDP in Bermuda
Bermuda: Gross domestic product (GDP), per unit of GDP was 0.4676 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Gross domestic product (GDP), per unit of GDP in Bermuda, 1970–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Bermuda recorded 0.4676 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
That represents a change of down 4.2% on the previous year and down 12.0% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Bermuda peaked at 6.1 international-$ in 2021 prices per US$ of GDP in 1971 and was at its lowest, 0.4358 international-$ in 2021 prices per US$ of GDP, in 2017.
That places Bermuda 178th out of 180 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Bermuda, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1970 | 3.6 international-$ in 2021 prices per US$ of GDP | — |
| 1971 | 6.1 international-$ in 2021 prices per US$ of GDP | +69.6% |
| 1972 | 4.44 international-$ in 2021 prices per US$ of GDP | -27.3% |
| 1973 | 3.76 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 1974 | 2.61 international-$ in 2021 prices per US$ of GDP | -30.6% |
| 1975 | 2.55 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 1976 | 2.86 international-$ in 2021 prices per US$ of GDP | +12.3% |
| 1977 | 2.29 international-$ in 2021 prices per US$ of GDP | -19.9% |
| 1978 | 2.2 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 1979 | 1.99 international-$ in 2021 prices per US$ of GDP | -9.5% |
| 2005 | 0.6137 international-$ in 2021 prices per US$ of GDP | -69.2% |
| 2006 | 0.5253 international-$ in 2021 prices per US$ of GDP | -14.4% |
| 2007 | 0.4909 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 2008 | 0.6086 international-$ in 2021 prices per US$ of GDP | +24.0% |
| 2009 | 0.6601 international-$ in 2021 prices per US$ of GDP | +8.5% |
| 2010 | 0.7212 international-$ in 2021 prices per US$ of GDP | +9.3% |
| 2011 | 0.7754 international-$ in 2021 prices per US$ of GDP | +7.5% |
| 2012 | 0.6087 international-$ in 2021 prices per US$ of GDP | -21.5% |
| 2013 | 0.5314 international-$ in 2021 prices per US$ of GDP | -12.7% |
| 2014 | 0.5292 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 2015 | 0.477 international-$ in 2021 prices per US$ of GDP | -9.9% |
| 2016 | 0.4448 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 2017 | 0.4358 international-$ in 2021 prices per US$ of GDP | -2.0% |
| 2018 | 0.4691 international-$ in 2021 prices per US$ of GDP | +7.6% |
| 2019 | 0.5064 international-$ in 2021 prices per US$ of GDP | +7.9% |
| 2020 | 0.5751 international-$ in 2021 prices per US$ of GDP | +13.6% |
| 2021 | 0.5472 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 2022 | 0.4883 international-$ in 2021 prices per US$ of GDP | -10.8% |
| 2023 | 0.4676 international-$ in 2021 prices per US$ of GDP | -4.2% |
Bermuda compared with similar countries
- Bermuda's 0.4676 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 38% of the median. (65 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.24 international-$ in 2021 prices per US$ of GDP | 1.99 international-$ in 2021 prices per US$ of GDP | 6.1 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 0.5797 international-$ in 2021 prices per US$ of GDP | 0.4909 international-$ in 2021 prices per US$ of GDP | 0.6601 international-$ in 2021 prices per US$ of GDP | 5 |
| 2010s | 0.5499 international-$ in 2021 prices per US$ of GDP | 0.4358 international-$ in 2021 prices per US$ of GDP | 0.7754 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 0.5196 international-$ in 2021 prices per US$ of GDP | 0.4676 international-$ in 2021 prices per US$ of GDP | 0.5751 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Bermuda
- 175 Israel 0.7956 international-$ in 2021 prices per US$ of GDP compare
- 176 Iceland 0.7726 international-$ in 2021 prices per US$ of GDP compare
- 177 Luxembourg 0.7072 international-$ in 2021 prices per US$ of GDP compare
- 179 Barbados 0.4234 international-$ in 2021 prices per US$ of GDP compare
- 180 South Sudan 0.3902 international-$ in 2021 prices per US$ of GDP 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 unit of gdp in Bermuda?
- Gross domestic product (gdp), per unit of gdp in Bermuda was 0.4676 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Bermuda?
- The highest recorded value was 6.1 international-$ in 2021 prices per US$ of GDP in 1971.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.4358 international-$ in 2021 prices per US$ of GDP in 2017.
- How does Bermuda rank for gross domestic product (gdp), per unit of gdp?
- Bermuda ranks 178th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 12.0%. The long-run trend across the full record is volatile.
- 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) Feenstra et al. – Penn World Table (2025) – with major 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.