Gross value added at basic prices (GVA) (constant) … unit GDP constant in Bermuda
Bermuda: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 0.7413 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Bermuda, 2010–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), per unit of in Bermuda is 0.7413 constant LCU per US$ of GDP, measured in 2024. That is the lowest value across all 15 years on record.
The figure 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 lcu), per unit of in Bermuda peaked at 1.04 constant LCU per US$ of GDP in 2011 and was at its lowest, 0.7413 constant LCU per US$ of GDP, in 2024.
Bermuda ranks 154th of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP constant in Bermuda, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 1.03 constant LCU per US$ of GDP | — |
| 2011 | 1.04 constant LCU per US$ of GDP | +0.8% |
| 2012 | 0.9742 constant LCU per US$ of GDP | -6.2% |
| 2013 | 0.957 constant LCU per US$ of GDP | -1.8% |
| 2014 | 0.9305 constant LCU per US$ of GDP | -2.8% |
| 2015 | 0.8983 constant LCU per US$ of GDP | -3.5% |
| 2016 | 0.8609 constant LCU per US$ of GDP | -4.2% |
| 2017 | 0.8615 constant LCU per US$ of GDP | +0.1% |
| 2018 | 0.8494 constant LCU per US$ of GDP | -1.4% |
| 2019 | 0.831 constant LCU per US$ of GDP | -2.2% |
| 2020 | 0.8294 constant LCU per US$ of GDP | -0.2% |
| 2021 | 0.8235 constant LCU per US$ of GDP | -0.7% |
| 2022 | 0.8249 constant LCU per US$ of GDP | +0.2% |
| 2023 | 0.7774 constant LCU per US$ of GDP | -5.8% |
| 2024 | 0.7413 constant LCU per US$ of GDP | -4.6% |
Bermuda compared with similar countries
- Bermuda's 0.7413 constant LCU per US$ of GDP is below the median for high income countries, which is 0.8613 constant LCU per US$ of GDP, 86% of the median. (70 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.9232 constant LCU per US$ of GDP | 0.831 constant LCU per US$ of GDP | 1.04 constant LCU per US$ of GDP | 10 |
| 2020s | 0.7993 constant LCU per US$ of GDP | 0.7413 constant LCU per US$ of GDP | 0.8294 constant LCU per US$ of GDP | 5 |
Countries ranked near Bermuda
- 151 Bahamas 0.771 constant LCU per US$ of GDP compare
- 152 Liberia 0.7606 constant LCU per US$ of GDP compare
- 153 Switzerland 0.7549 constant LCU per US$ of GDP compare
- 155 Marshall Islands 0.741 constant LCU per US$ of GDP compare
- 156 Malta 0.7347 constant LCU per US$ of GDP compare
- 157 Palau 0.7318 constant LCU per US$ of GDP compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Bermuda?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Bermuda was 0.7413 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Bermuda?
- The highest recorded value was 1.04 constant LCU per US$ of GDP in 2011.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Bermuda?
- The lowest recorded value was 0.7413 constant LCU per US$ of GDP in 2024.
- How does Bermuda rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Bermuda ranks 154th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.