Gross Fixed Capital Formation — Value US$ in Bermuda

Bermuda: Gross Fixed Capital Formation — Value US$ was 1,013 million USD in 2024. ◆ Volatile

Latest (2024)
1,013 million USD
Change on year
up 5.5%
World rank
184th
of 235 countries
All-time high
1,120 million USD
in 2008
All-time low
37.33 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Bermuda, 1970–2024

02505007501.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Bermuda recorded 1,013 million USD for gross fixed capital formation — value us$ in 2024.

The figure is up 5.5% on the previous year and up 30.6% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Bermuda peaked at 1,120 million USD in 2008 and was at its lowest, 37.33 million USD, in 1970.

That places Bermuda 184th out of 235 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value US$ in Bermuda, year by year

Annual values for Gross Fixed Capital Formation — Value US$ in Bermuda, 1970 to 2024.
Year million USD Change
1970 37.33 million USD —
1971 41.4 million USD +10.9%
1972 46.22 million USD +11.6%
1973 53.47 million USD +15.7%
1974 62.93 million USD +17.7%
1975 72.28 million USD +14.9%
1976 67.6 million USD -6.5%
1977 82.84 million USD +22.5%
1978 94.64 million USD +14.2%
1979 113.8 million USD +20.2%
1980 158.62 million USD +39.4%
1981 163.97 million USD +3.4%
1982 217.44 million USD +32.6%
1983 241.83 million USD +11.2%
1984 288.49 million USD +19.3%
1985 299.21 million USD +3.7%
1986 275.75 million USD -7.8%
1987 312.62 million USD +13.4%
1988 399.23 million USD +27.7%
1989 382.3 million USD -4.2%
1990 347.16 million USD -9.2%
1991 327.07 million USD -5.8%
1992 334.61 million USD +2.3%
1993 341.78 million USD +2.1%
1994 337.48 million USD -1.3%
1995 361.5 million USD +7.1%
1996 411 million USD +13.7%
1997 465.22 million USD +13.2%
1998 579.95 million USD +24.7%
1999 643.85 million USD +11.0%
2000 677.82 million USD +5.3%
2001 673.93 million USD -0.6%
2002 585.86 million USD -13.1%
2003 547.98 million USD -6.5%
2004 766.24 million USD +39.8%
2005 836.27 million USD +9.1%
2006 843.24 million USD +0.8%
2007 918.63 million USD +8.9%
2008 1,120 million USD +21.9%
2009 974.06 million USD -13.0%
2010 865.34 million USD -11.2%
2011 794.3 million USD -8.2%
2012 702.52 million USD -11.6%
2013 704.32 million USD +0.3%
2014 775.75 million USD +10.1%
2015 791.4 million USD +2.0%
2016 883.41 million USD +11.6%
2017 983.04 million USD +11.3%
2018 968.99 million USD -1.4%
2019 1,095 million USD +13.0%
2020 842.87 million USD -23.0%
2021 940.63 million USD +11.6%
2022 987.18 million USD +4.9%
2023 960.8 million USD -2.7%
2024 1,013 million USD +5.5%

Bermuda compared with similar countries

  • Bermuda's 1,013 million USD is below the median for high income countries, which is 20,129 million USD, 5% of the median. (73 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 67.25 million USD 37.33 million USD 113.8 million USD 10
1980s 273.95 million USD 158.62 million USD 399.23 million USD 10
1990s 414.96 million USD 327.07 million USD 643.85 million USD 10
2000s 794.36 million USD 547.98 million USD 1,120 million USD 10
2010s 856.39 million USD 702.52 million USD 1,095 million USD 10
2020s 948.95 million USD 842.87 million USD 1,013 million USD 5

Countries ranked near Bermuda

  1. 181 Djibouti 1,226 million USD compare
  2. 182 Yemen 1,133 million USD compare
  3. 183 Barbados 1,132 million USD compare
  4. 185 Greenland 1,000 million USD compare
  5. 186 Fiji 963.69 million USD compare
  6. 187 Gambia 955.7 million USD compare

See the full ranking of 265 places →

More economy & growth data for Bermuda

All data for Bermuda →

Frequently asked questions

What is gross fixed capital formation — value us$ in Bermuda?
Gross fixed capital formation — value us$ in Bermuda was 1,013 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Bermuda?
The highest recorded value was 1,120 million USD in 2008.
What is the lowest gross fixed capital formation — value us$ recorded in Bermuda?
The lowest recorded value was 37.33 million USD in 1970.
How does Bermuda rank for gross fixed capital formation — value us$?
Bermuda ranks 184th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Bermuda?
Over the last ten years it is up 30.6%. The long-run trend across the full record is volatile.
Where does this Bermuda data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$ in Bermuda. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/bermuda/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).