Gross fixed capital formation in Bermuda
Bermuda: Gross fixed capital formation was 11.0% in 2024. ▬ Flat
Gross fixed capital formation in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Bermuda is 11.0%, measured in 2024.
Compared with earlier readings it is down 1.6% on the previous year and down 8.7% over ten years.
Over the whole period, gross fixed capital formation in Bermuda peaked at 14.7% in 2019 and was at its lowest, 10.9%, in 2013.
Bermuda ranks 169th of 180 countries on this measure, in the bottom quarter.
Gross fixed capital formation in Bermuda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 13.0% | — |
| 2011 | 12.6% | -3.5% |
| 2012 | 11.0% | -12.5% |
| 2013 | 10.9% | -1.1% |
| 2014 | 12.1% | +11.0% |
| 2015 | 11.9% | -1.7% |
| 2016 | 12.8% | +7.7% |
| 2017 | 13.8% | +7.5% |
| 2018 | 13.4% | -2.6% |
| 2019 | 14.7% | +10.0% |
| 2020 | 12.2% | -17.0% |
| 2021 | 12.9% | +5.4% |
| 2022 | 12.7% | -1.6% |
| 2023 | 11.2% | -11.7% |
| 2024 | 11.0% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.6% | 10.9% | 14.7% | 10 |
| 2020s | 12.0% | 11.0% | 12.9% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 105,450 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.88 % change on previous year (2024)
- GDP (current US$), per capita 142,250 current US$ per person (2024)
- GDP (current LCU), annual growth rate 6.88 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 142,250 current LCU per person (2024)
- GDP (constant LCU), annual growth rate 1.89 % change on previous year (2024)
- GDP (constant LCU), per capita 109,864 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.7723 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in Bermuda?
- Gross fixed capital formation in Bermuda was 11.0% 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 14.7% in 2019.
- What is the lowest gross fixed capital formation recorded in Bermuda?
- The lowest recorded value was 10.9% in 2013.
- How does Bermuda rank for gross fixed capital formation?
- Bermuda ranks 169th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bermuda?
- Over the last ten years it is down 8.7%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.