Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bermuda
Bermuda: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.7902 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bermuda, 2010–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per unit in Bermuda is 0.7902 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 4.6% on the previous year and down 20.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Bermuda peaked at 1.11 constant 2015 US$ per US$ of GDP in 2011 and was at its lowest, 0.7902 constant 2015 US$ per US$ of GDP, in 2024.
That places Bermuda 64th out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bermuda, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2010 | 1.1 constant 2015 US$ per US$ of GDP | — |
| 2011 | 1.11 constant 2015 US$ per US$ of GDP | +0.8% |
| 2012 | 1.04 constant 2015 US$ per US$ of GDP | -6.2% |
| 2013 | 1.02 constant 2015 US$ per US$ of GDP | -1.8% |
| 2014 | 0.9919 constant 2015 US$ per US$ of GDP | -2.8% |
| 2015 | 0.9576 constant 2015 US$ per US$ of GDP | -3.5% |
| 2016 | 0.9177 constant 2015 US$ per US$ of GDP | -4.2% |
| 2017 | 0.9183 constant 2015 US$ per US$ of GDP | +0.1% |
| 2018 | 0.9055 constant 2015 US$ per US$ of GDP | -1.4% |
| 2019 | 0.8858 constant 2015 US$ per US$ of GDP | -2.2% |
| 2020 | 0.8841 constant 2015 US$ per US$ of GDP | -0.2% |
| 2021 | 0.8779 constant 2015 US$ per US$ of GDP | -0.7% |
| 2022 | 0.8794 constant 2015 US$ per US$ of GDP | +0.2% |
| 2023 | 0.8287 constant 2015 US$ per US$ of GDP | -5.8% |
| 2024 | 0.7902 constant 2015 US$ per US$ of GDP | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.9842 constant 2015 US$ per US$ of GDP | 0.8858 constant 2015 US$ per US$ of GDP | 1.11 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8521 constant 2015 US$ per US$ of GDP | 0.7902 constant 2015 US$ per US$ of GDP | 0.8841 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Bermuda
- 61 Norway 0.7957 constant 2015 US$ per US$ of GDP compare
- 62 San Marino 0.7944 constant 2015 US$ per US$ of GDP compare
- 63 Switzerland 0.7919 constant 2015 US$ per US$ of GDP compare
- 65 Togo 0.788 constant 2015 US$ per US$ of GDP compare
- 66 Saint Kitts and Nevis 0.7871 constant 2015 US$ per US$ of GDP compare
- 67 Hong Kong 0.7859 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Bermuda
- Gross value added at basic prices (GVA) (constant LCU), per capita 105,450 constant LCU per person (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8191 constant 2015 US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9798 current US$ per US$ of GDP (2024)
- GDP (current LCU), per capita 142,250 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), annual growth rate 6.88 % change on previous year (2024)
- GDP (current US$), per capita 142,250 current US$ per person (2024)
- GDP (current US$), annual growth rate 6.88 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9638 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Bermuda?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Bermuda was 0.7902 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Bermuda?
- The highest recorded value was 1.11 constant 2015 US$ per US$ of GDP in 2011.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Bermuda?
- The lowest recorded value was 0.7902 constant 2015 US$ per US$ of GDP in 2024.
- How does Bermuda rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Bermuda ranks 64th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Bermuda?
- Over the last ten years it is down 20.3%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.