Gross National Income — Value Standard Local Currency, annual growth in Bermuda
Bermuda: Gross National Income — Value Standard Local Currency, annual growth was 4.01 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Bermuda, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded 4.01 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
Compared with earlier readings it is down 53.7% on the previous year and up 155.9% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Bermuda peaked at 22.96 % change on previous year in 1980 and was at its lowest, -19.45 % change on previous year, in 1991.
That places Bermuda 183rd out of 231 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.36 % change on previous year | — |
| 1972 | 11.52 % change on previous year | -13.8% |
| 1973 | 14.51 % change on previous year | +26.0% |
| 1974 | 15.98 % change on previous year | +10.1% |
| 1975 | 10.36 % change on previous year | -35.2% |
| 1976 | 11.97 % change on previous year | +15.6% |
| 1977 | 8.55 % change on previous year | -28.6% |
| 1978 | 8.17 % change on previous year | -4.5% |
| 1979 | 13.62 % change on previous year | +66.7% |
| 1980 | 22.96 % change on previous year | +68.6% |
| 1981 | 10.25 % change on previous year | -55.4% |
| 1982 | 9.47 % change on previous year | -7.6% |
| 1983 | 11.57 % change on previous year | +22.2% |
| 1984 | 6.28 % change on previous year | -45.7% |
| 1985 | 10.79 % change on previous year | +71.9% |
| 1986 | 10.13 % change on previous year | -6.1% |
| 1987 | 7.07 % change on previous year | -30.2% |
| 1988 | 5.63 % change on previous year | -20.4% |
| 1989 | -9.62 % change on previous year | -270.8% |
| 1990 | 16.99 % change on previous year | -276.6% |
| 1991 | -19.45 % change on previous year | -214.5% |
| 1992 | 21.86 % change on previous year | -212.4% |
| 1993 | 16.14 % change on previous year | -26.1% |
| 1994 | 3.56 % change on previous year | -78.0% |
| 1995 | 8.62 % change on previous year | +142.3% |
| 1996 | 6.57 % change on previous year | -23.9% |
| 1997 | 8.27 % change on previous year | +25.9% |
| 1998 | 17.26 % change on previous year | +108.8% |
| 1999 | 6.36 % change on previous year | -63.2% |
| 2000 | 8.29 % change on previous year | +30.3% |
| 2001 | 9.55 % change on previous year | +15.2% |
| 2002 | 6.16 % change on previous year | -35.5% |
| 2003 | 10.56 % change on previous year | +71.6% |
| 2004 | -7.9 % change on previous year | -174.8% |
| 2005 | 7.06 % change on previous year | -189.4% |
| 2006 | 14.01 % change on previous year | +98.3% |
| 2007 | 11.67 % change on previous year | -16.7% |
| 2008 | 6.93 % change on previous year | -40.6% |
| 2009 | -9.23 % change on previous year | -233.1% |
| 2010 | 5.54 % change on previous year | -160.0% |
| 2011 | -4.72 % change on previous year | -185.2% |
| 2012 | 3.1 % change on previous year | -165.6% |
| 2013 | 1.57 % change on previous year | -49.4% |
| 2014 | -1.68 % change on previous year | -207.0% |
| 2015 | 3.48 % change on previous year | -307.8% |
| 2016 | 2.98 % change on previous year | -14.4% |
| 2017 | 4.15 % change on previous year | +39.3% |
| 2018 | 0.5012 % change on previous year | -87.9% |
| 2019 | 0.8062 % change on previous year | +60.9% |
| 2020 | -5.98 % change on previous year | -842.2% |
| 2021 | 7.17 % change on previous year | -219.9% |
| 2022 | 8.65 % change on previous year | +20.6% |
| 2023 | 4.01 % change on previous year | -53.7% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2020 | -842.2% | 0.8062 % change on previous year | -5.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12 % change on previous year | 8.17 % change on previous year | 15.98 % change on previous year | 9 |
| 1980s | 8.45 % change on previous year | -9.62 % change on previous year | 22.96 % change on previous year | 10 |
| 1990s | 8.62 % change on previous year | -19.45 % change on previous year | 21.86 % change on previous year | 10 |
| 2000s | 5.71 % change on previous year | -9.23 % change on previous year | 14.01 % change on previous year | 10 |
| 2010s | 1.57 % change on previous year | -4.72 % change on previous year | 5.54 % change on previous year | 10 |
| 2020s | 3.46 % change on previous year | -5.98 % change on previous year | 8.65 % change on previous year | 4 |
Countries ranked near Bermuda
- 180 Seychelles 4.61 % change on previous year compare
- 181 Liberia 4.5 % change on previous year compare
- 182 Jordan 4.44 % change on previous year compare
- 184 Estonia 3.96 % change on previous year compare
- 185 Puerto Rico 3.92 % change on previous year compare
- 186 Republic of Korea 3.89 % change on previous year compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU 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 unit 0.0128 BoP, current US$ per US$ of GDP (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)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is gross national income — value standard local currency, annual growth in Bermuda?
- Gross national income — value standard local currency, annual growth in Bermuda was 4.01 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Bermuda?
- The highest recorded value was 22.96 % change on previous year in 1980.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Bermuda?
- The lowest recorded value was -19.45 % change on previous year in 1991.
- How does Bermuda rank for gross national income — value standard local currency, annual growth?
- Bermuda ranks 183rd out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Bermuda?
- Over the last ten years it is up 155.9%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.