Gross fixed capital formation (current LCU), annual growth rate in Bermuda
Bermuda: Gross fixed capital formation (current LCU), annual growth rate was 5.2 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (current LCU), annual growth rate in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (current lcu), annual growth rate in Bermuda stood at 5.2 % change on previous year.
That represents a change of up 333.8% on the previous year and down 48.7% over ten years.
Over the whole period, gross fixed capital formation (current lcu), annual growth rate in Bermuda peaked at 12.99 % change on previous year in 2019 and was at its lowest, -23.02 % change on previous year, in 2020.
That places Bermuda 112th out of 179 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -8.21 % change on previous year | — |
| 2012 | -11.55 % change on previous year | +40.7% |
| 2013 | 0.2564 % change on previous year | -102.2% |
| 2014 | 10.14 % change on previous year | +3855.7% |
| 2015 | 2.02 % change on previous year | -80.1% |
| 2016 | 11.63 % change on previous year | +476.3% |
| 2017 | 11.28 % change on previous year | -3.0% |
| 2018 | -1.43 % change on previous year | -112.7% |
| 2019 | 12.99 % change on previous year | -1008.4% |
| 2020 | -23.02 % change on previous year | -277.2% |
| 2021 | 11.6 % change on previous year | -150.4% |
| 2022 | 4.9 % change on previous year | -57.7% |
| 2023 | -2.23 % change on previous year | -145.4% |
| 2024 | 5.2 % change on previous year | -333.8% |
Bermuda compared with similar countries
- Bermuda's 5.2 % change on previous year is above the median for high income countries, which is 4.37 % change on previous year, 1.2× the median. (64 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2014 | +3855.7% | 0.2564 % change on previous year | 10.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.01 % change on previous year | -11.55 % change on previous year | 12.99 % change on previous year | 9 |
| 2020s | -0.7077 % change on previous year | -23.02 % change on previous year | 11.6 % change on previous year | 5 |
Countries ranked near Bermuda
- 109 Slovenia 5.57 % change on previous year compare
- 110 Guinea-Bissau 5.48 % change on previous year compare
- 111 United States 5.21 % change on previous year compare
- 113 Albania 4.91 % change on previous year compare
- 114 Netherlands 4.84 % change on previous year compare
- 115 Australia 4.71 % change on previous year compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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 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$), per 15,245 current US$ 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 (current lcu), annual growth rate in Bermuda?
- Gross fixed capital formation (current lcu), annual growth rate in Bermuda was 5.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in Bermuda?
- The highest recorded value was 12.99 % change on previous year in 2019.
- What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in Bermuda?
- The lowest recorded value was -23.02 % change on previous year in 2020.
- How does Bermuda rank for gross fixed capital formation (current lcu), annual growth rate?
- Bermuda ranks 112th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current lcu), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is down 48.7%. 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 fixed capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation 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
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.