Gross value added at basic prices (GVA) (constant LCU), annual growth in Bermuda
Bermuda: Gross value added at basic prices (GVA) (constant LCU), annual growth was 1.92 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Bermuda is 1.92 % change on previous year, measured in 2024.
That represents a change of down 55.9% on the previous year and up 154.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Bermuda peaked at 6.74 % change on previous year in 2022 and was at its lowest, -7.4 % change on previous year, in 2020.
That places Bermuda 133rd out of 195 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), annual growth in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -4.1 % change on previous year | — |
| 2012 | -5.25 % change on previous year | +28.1% |
| 2013 | -0.4224 % change on previous year | -92.0% |
| 2014 | -3.55 % change on previous year | +739.5% |
| 2015 | 0.1672 % change on previous year | -104.7% |
| 2016 | -0.6341 % change on previous year | -479.2% |
| 2017 | 3.58 % change on previous year | -664.4% |
| 2018 | -0.2436 % change on previous year | -106.8% |
| 2019 | 0.507 % change on previous year | -308.1% |
| 2020 | -7.4 % change on previous year | -1559.4% |
| 2021 | 5.1 % change on previous year | -168.9% |
| 2022 | 6.74 % change on previous year | +32.1% |
| 2023 | 4.36 % change on previous year | -35.3% |
| 2024 | 1.92 % change on previous year | -55.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.1 % change on previous year | -5.25 % change on previous year | 3.58 % change on previous year | 9 |
| 2020s | 2.14 % change on previous year | -7.4 % change on previous year | 6.74 % change on previous year | 5 |
Countries ranked near Bermuda
- 130 Dominican Republic 2.16 % change on previous year compare
- 131 Marshall Islands 2.1 % change on previous year compare
- 132 Latvia 1.99 % change on previous year compare
- 134 Malawi 1.9 % change on previous year compare
- 135 Netherlands 1.83 % change on previous year compare
- 136 Ukraine 1.83 % change on previous year 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 lcu), annual growth in Bermuda?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Bermuda was 1.92 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Bermuda?
- The highest recorded value was 6.74 % change on previous year in 2022.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Bermuda?
- The lowest recorded value was -7.4 % change on previous year in 2020.
- How does Bermuda rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Bermuda ranks 133rd out of 195 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Bermuda?
- Over the last ten years it is up 154.2%. 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 value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 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 value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.