Gross fixed capital formation (current LCU) in Bermuda
Bermuda: Gross fixed capital formation (current LCU) was 1.01 billion current LCU in 2024. ▲ Rising
Gross fixed capital formation 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 fixed capital formation in Bermuda is 1.01 billion current LCU, measured in 2024.
The figure is up 5.2% on the previous year and up 30.8% over ten years.
Over the whole period, gross fixed capital formation in Bermuda peaked at 1.09 billion current LCU in 2019 and was at its lowest, 702.52 million current LCU, in 2012.
That places Bermuda 175th out of 181 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 fixed capital formation (current LCU) in Bermuda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 865.34 million current LCU | — |
| 2011 | 794.30 million current LCU | -8.2% |
| 2012 | 702.52 million current LCU | -11.6% |
| 2013 | 704.32 million current LCU | +0.3% |
| 2014 | 775.75 million current LCU | +10.1% |
| 2015 | 791.40 million current LCU | +2.0% |
| 2016 | 883.41 million current LCU | +11.6% |
| 2017 | 983.04 million current LCU | +11.3% |
| 2018 | 968.99 million current LCU | -1.4% |
| 2019 | 1.09 billion current LCU | +13.0% |
| 2020 | 842.87 million current LCU | -23.0% |
| 2021 | 940.63 million current LCU | +11.6% |
| 2022 | 986.72 million current LCU | +4.9% |
| 2023 | 964.76 million current LCU | -2.2% |
| 2024 | 1.01 billion current LCU | +5.2% |
Bermuda compared with similar countries
- Bermuda's 1.01 billion current LCU is below the median for high income countries, which is 147.41 billion current LCU, 1% of the median. (64 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 856.39 million current LCU | 702.52 million current LCU | 1.09 billion current LCU | 10 |
| 2020s | 949.99 million current LCU | 842.87 million current LCU | 1.01 billion current LCU | 5 |
Countries ranked near Bermuda
- 172 Montenegro 1.82 billion current LCU compare
- 173 Belize 1.35 billion current LCU compare
- 174 Samoa 1.03 billion current LCU compare
- 176 East Timor 503.86 million current LCU compare
- 177 Tonga 402.00 million current LCU compare
- 178 San Marino 316.53 million current LCU 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 fixed capital formation in Bermuda?
- Gross fixed capital formation in Bermuda was 1.01 billion current 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 1.09 billion current LCU in 2019.
- What is the lowest gross fixed capital formation recorded in Bermuda?
- The lowest recorded value was 702.52 million current LCU in 2012.
- How does Bermuda rank for gross fixed capital formation?
- Bermuda ranks 175th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bermuda?
- Over the last ten years it is up 30.8%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.