Gross savings (current US$), per unit of GDP in Bermuda
Bermuda: Gross savings (current US$), per unit of GDP was 0.4342 current US$ per US$ of GDP in 2023. ▲ Rising
Gross savings (current US$), per unit of GDP in Bermuda, 2010–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross savings (current us$), per unit of gdp in Bermuda is 0.4342 current US$ per US$ of GDP, measured in 2023. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 8.4% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Bermuda peaked at 0.4342 current US$ per US$ of GDP in 2023 and was at its lowest, 0.3695 current US$ per US$ of GDP, in 2011.
Bermuda ranks 6th of 178 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Gross savings (current US$), per unit of GDP in Bermuda, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.3849 current US$ per US$ of GDP | — |
| 2011 | 0.3695 current US$ per US$ of GDP | -4.0% |
| 2012 | 0.3941 current US$ per US$ of GDP | +6.6% |
| 2013 | 0.4005 current US$ per US$ of GDP | +1.6% |
| 2014 | 0.3963 current US$ per US$ of GDP | -1.0% |
| 2015 | 0.3995 current US$ per US$ of GDP | +0.8% |
| 2016 | 0.3932 current US$ per US$ of GDP | -1.6% |
| 2017 | 0.4048 current US$ per US$ of GDP | +3.0% |
| 2018 | 0.4034 current US$ per US$ of GDP | -0.3% |
| 2019 | 0.3845 current US$ per US$ of GDP | -4.7% |
| 2020 | 0.3928 current US$ per US$ of GDP | +2.2% |
| 2021 | 0.4207 current US$ per US$ of GDP | +7.1% |
| 2022 | 0.4013 current US$ per US$ of GDP | -4.6% |
| 2023 | 0.4342 current US$ per US$ of GDP | +8.2% |
Bermuda compared with similar countries
- Bermuda's 0.4342 current US$ per US$ of GDP is above the median for high income countries, which is 0.237 current US$ per US$ of GDP, 1.8× the median. (63 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3931 current US$ per US$ of GDP | 0.3695 current US$ per US$ of GDP | 0.4048 current US$ per US$ of GDP | 10 |
| 2020s | 0.4122 current US$ per US$ of GDP | 0.3928 current US$ per US$ of GDP | 0.4342 current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 3 Macao 0.4782 current US$ per US$ of GDP compare
- 4 Brunei 0.4533 current US$ per US$ of GDP compare
- 5 Kuwait 0.4413 current US$ per US$ of GDP compare
- 7 Burundi 0.4306 current US$ per US$ of GDP compare
- 8 China 0.4271 current US$ per US$ of GDP compare
- 9 Singapore 0.3998 current US$ per US$ of GDP compare
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 savings (current us$), per unit of gdp in Bermuda?
- Gross savings (current us$), per unit of gdp in Bermuda was 0.4342 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.4342 current US$ per US$ of GDP in 2023.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.3695 current US$ per US$ of GDP in 2011.
- How does Bermuda rank for gross savings (current us$), per unit of gdp?
- Bermuda ranks 6th out of 178 countries with data for 2023.
- Is gross savings (current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.