Gross fixed capital formation in Bermuda
Bermuda: Gross fixed capital formation was 1.01 billion current US$ in 2024. ▲ Rising
Gross fixed capital formation in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Bermuda recorded 1.01 billion current US$ for gross fixed capital formation in 2024.
That represents a change of 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 US$ in 2019 and was at its lowest, 702.52 million current US$, in 2012.
Bermuda ranks 157th of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross fixed capital formation in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 865.34 million current US$ | — |
| 2011 | 794.30 million current US$ | -8.2% |
| 2012 | 702.52 million current US$ | -11.6% |
| 2013 | 704.32 million current US$ | +0.3% |
| 2014 | 775.75 million current US$ | +10.1% |
| 2015 | 791.40 million current US$ | +2.0% |
| 2016 | 883.41 million current US$ | +11.6% |
| 2017 | 983.04 million current US$ | +11.3% |
| 2018 | 968.99 million current US$ | -1.4% |
| 2019 | 1.09 billion current US$ | +13.0% |
| 2020 | 842.87 million current US$ | -23.0% |
| 2021 | 940.63 million current US$ | +11.6% |
| 2022 | 986.72 million current US$ | +4.9% |
| 2023 | 964.76 million current US$ | -2.2% |
| 2024 | 1.01 billion current US$ | +5.2% |
Bermuda compared with similar countries
- Bermuda's 1.01 billion current US$ is below the median for high income countries, which is 50.73 billion current US$, 2% of the median. (64 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 856.39 million current US$ | 702.52 million current US$ | 1.09 billion current US$ | 10 |
| 2020s | 949.99 million current US$ | 842.87 million current US$ | 1.01 billion current US$ | 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 1.01 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Bermuda?
- The highest recorded value was 1.09 billion current US$ in 2019.
- What is the lowest gross fixed capital formation recorded in Bermuda?
- The lowest recorded value was 702.52 million current US$ in 2012.
- How does Bermuda rank for gross fixed capital formation?
- Bermuda ranks 157th 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.