Gross savings (current LCU), annual growth rate in Bermuda
Bermuda: Gross savings (current LCU), annual growth rate was 19.84 % change on previous year in 2023. ◆ Volatile
Gross savings (current LCU), annual growth rate in Bermuda, 2011–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross savings (current lcu), annual growth rate in Bermuda stood at 19.84 % change on previous year. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 1,117.7% on the previous year and up 555.6% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Bermuda peaked at 19.84 % change on previous year in 2023 and was at its lowest, -8.67 % change on previous year, in 2011.
That places Bermuda 36th out of 177 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -8.67 % change on previous year | — |
| 2012 | 7.75 % change on previous year | -189.5% |
| 2013 | 3.03 % change on previous year | -61.0% |
| 2014 | -1.83 % change on previous year | -160.5% |
| 2015 | 4.57 % change on previous year | -349.8% |
| 2016 | 2.06 % change on previous year | -55.0% |
| 2017 | 6.57 % change on previous year | +219.4% |
| 2018 | 0.8186 % change on previous year | -87.5% |
| 2019 | -2.09 % change on previous year | -355.6% |
| 2020 | -5.22 % change on previous year | +149.5% |
| 2021 | 13.38 % change on previous year | -356.2% |
| 2022 | 1.63 % change on previous year | -87.8% |
| 2023 | 19.84 % change on previous year | +1117.7% |
Bermuda compared with similar countries
- Bermuda's 19.84 % change on previous year is above the median for high income countries, which is 5.17 % change on previous year, 3.8× the median. (63 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.36 % change on previous year | -8.67 % change on previous year | 7.75 % change on previous year | 9 |
| 2020s | 7.41 % change on previous year | -5.22 % change on previous year | 19.84 % change on previous year | 4 |
Countries ranked near Bermuda
- 33 Paraguay 22.66 % change on previous year compare
- 34 Tunisia 20.08 % change on previous year compare
- 35 Uzbekistan 19.95 % change on previous year compare
- 37 Yemen 19.65 % change on previous year compare
- 38 Haiti 19.56 % change on previous year compare
- 39 Pakistan 19.06 % change on previous year compare
More economy & growth data for Bermuda
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ 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$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (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 US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 15,245 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross savings (current lcu), annual growth rate in Bermuda?
- Gross savings (current lcu), annual growth rate in Bermuda was 19.84 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Bermuda?
- The highest recorded value was 19.84 % change on previous year in 2023.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Bermuda?
- The lowest recorded value was -8.67 % change on previous year in 2011.
- How does Bermuda rank for gross savings (current lcu), annual growth rate?
- Bermuda ranks 36th out of 177 countries with data for 2023.
- Is gross savings (current lcu), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 555.6%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.