Gross fixed capital formation (constant LCU) in Bermuda
Bermuda: Gross fixed capital formation (constant LCU) was 850.30 million constant LCU in 2024. ▬ Flat
Gross fixed capital formation in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross fixed capital formation in Bermuda stood at 850.30 million constant LCU.
The figure is up 3.3% on the previous year and up 11.6% over ten years.
Over the whole period, gross fixed capital formation in Bermuda peaked at 1.05 billion constant LCU in 2019 and was at its lowest, 762.21 million constant LCU, in 2014.
Bermuda ranks 159th of 168 countries on this measure, in the bottom quarter.
Gross fixed capital formation (constant LCU) in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2014 | 762.21 million constant LCU | — |
| 2015 | 771.55 million constant LCU | +1.2% |
| 2016 | 890.76 million constant LCU | +15.5% |
| 2017 | 956.53 million constant LCU | +7.4% |
| 2018 | 940.68 million constant LCU | -1.7% |
| 2019 | 1.05 billion constant LCU | +11.7% |
| 2020 | 791.50 million constant LCU | -24.7% |
| 2021 | 868.10 million constant LCU | +9.7% |
| 2022 | 840.20 million constant LCU | -3.2% |
| 2023 | 823.00 million constant LCU | -2.0% |
| 2024 | 850.30 million constant LCU | +3.3% |
Bermuda compared with similar countries
- Bermuda's 850.30 million constant LCU is below the median for high income countries, which is 135.02 billion constant LCU, 1% of the median. (58 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 895.42 million constant LCU | 762.21 million constant LCU | 1.05 billion constant LCU | 6 |
| 2020s | 834.62 million constant LCU | 791.50 million constant LCU | 868.10 million constant LCU | 5 |
Countries ranked near Bermuda
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 fixed capital formation in Bermuda?
- Gross fixed capital formation in Bermuda was 850.30 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Bermuda?
- The highest recorded value was 1.05 billion constant LCU in 2019.
- What is the lowest gross fixed capital formation recorded in Bermuda?
- The lowest recorded value was 762.21 million constant LCU in 2014.
- How does Bermuda rank for gross fixed capital formation?
- Bermuda ranks 159th out of 168 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bermuda?
- Over the last ten years it is up 11.6%. The long-run trend across the full record is flat.
- 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 fixed capital formation (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
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.