Gross domestic savings in Bermuda
Bermuda: Gross domestic savings was 4.14 billion current LCU in 2024. ▲ Rising
Gross domestic savings 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 domestic savings in Bermuda is 4.14 billion current LCU, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 10.5% on the previous year and up 68.9% over ten years.
Over the whole period, gross domestic savings in Bermuda peaked at 4.14 billion current LCU in 2024 and was at its lowest, 2.30 billion current LCU, in 2011.
That places Bermuda 146th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross domestic savings in Bermuda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 2.55 billion current LCU | — |
| 2011 | 2.30 billion current LCU | -9.6% |
| 2012 | 2.37 billion current LCU | +2.9% |
| 2013 | 2.45 billion current LCU | +3.3% |
| 2014 | 2.45 billion current LCU | +0.0% |
| 2015 | 2.58 billion current LCU | +5.6% |
| 2016 | 2.69 billion current LCU | +4.2% |
| 2017 | 2.80 billion current LCU | +3.9% |
| 2018 | 2.85 billion current LCU | +2.0% |
| 2019 | 2.94 billion current LCU | +2.9% |
| 2020 | 2.72 billion current LCU | -7.3% |
| 2021 | 2.96 billion current LCU | +8.8% |
| 2022 | 2.92 billion current LCU | -1.6% |
| 2023 | 3.74 billion current LCU | +28.3% |
| 2024 | 4.14 billion current LCU | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.60 billion current LCU | 2.30 billion current LCU | 2.94 billion current LCU | 10 |
| 2020s | 3.30 billion current LCU | 2.72 billion current LCU | 4.14 billion current LCU | 5 |
Countries ranked near Bermuda
- 143 South Sudan 5.84 billion current LCU compare
- 144 Vanuatu 5.26 billion current LCU compare
- 145 Papua New Guinea 4.21 billion current LCU
- 147 Bahamas 3.61 billion current LCU compare
- 148 Aruba 2.46 billion current LCU compare
- 149 Seychelles 1.99 billion current LCU compare
More economy & growth data for Bermuda
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- Taxes less subsidies on products (current US$), per capita 5,144 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 4.4 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0362 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 5,144 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 116,514 units per person (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8191 units per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic savings in Bermuda?
- Gross domestic savings in Bermuda was 4.14 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Bermuda?
- The highest recorded value was 4.14 billion current LCU in 2024.
- What is the lowest gross domestic savings recorded in Bermuda?
- The lowest recorded value was 2.30 billion current LCU in 2011.
- How does Bermuda rank for gross domestic savings?
- Bermuda ranks 146th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Bermuda?
- Over the last ten years it is up 68.9%. 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 savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.