PPP conversion factor, GDP in Bermuda
Bermuda: PPP conversion factor, GDP was 1.2 LCU per international $ in 2024. ▲ Rising
PPP conversion factor, GDP in Bermuda, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2024, ppp conversion factor, gdp in Bermuda stood at 1.2 LCU per international $.
Compared with earlier readings it is up 2.4% on the previous year and down 14.6% over ten years.
Over the whole period, ppp conversion factor, gdp in Bermuda peaked at 1.45 LCU per international $ in 2012 and was at its lowest, 0.8734 LCU per international $, in 1990.
That places Bermuda 145th out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
PPP conversion factor, GDP in Bermuda, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.8734 LCU per international $ | — |
| 1991 | 0.8992 LCU per international $ | +2.9% |
| 1992 | 0.9039 LCU per international $ | +0.5% |
| 1993 | 0.9288 LCU per international $ | +2.8% |
| 1994 | 0.9272 LCU per international $ | -0.2% |
| 1995 | 0.9461 LCU per international $ | +2.0% |
| 1996 | 1.2 LCU per international $ | +27.0% |
| 1997 | 1.23 LCU per international $ | +2.3% |
| 1998 | 1.25 LCU per international $ | +1.6% |
| 1999 | 1.26 LCU per international $ | +1.3% |
| 2000 | 1.18 LCU per international $ | -6.4% |
| 2001 | 1.14 LCU per international $ | -3.5% |
| 2002 | 1.22 LCU per international $ | +6.9% |
| 2003 | 1.23 LCU per international $ | +0.8% |
| 2004 | 1.26 LCU per international $ | +2.0% |
| 2005 | 1.3 LCU per international $ | +3.5% |
| 2006 | 1.33 LCU per international $ | +2.2% |
| 2007 | 1.38 LCU per international $ | +3.8% |
| 2008 | 1.42 LCU per international $ | +3.1% |
| 2009 | 1.43 LCU per international $ | +0.4% |
| 2010 | 1.44 LCU per international $ | +1.0% |
| 2011 | 1.4 LCU per international $ | -3.1% |
| 2012 | 1.45 LCU per international $ | +3.8% |
| 2013 | 1.42 LCU per international $ | -1.9% |
| 2014 | 1.4 LCU per international $ | -1.4% |
| 2015 | 1.38 LCU per international $ | -1.6% |
| 2016 | 1.35 LCU per international $ | -2.1% |
| 2017 | 1.31 LCU per international $ | -3.0% |
| 2018 | 1.32 LCU per international $ | +0.4% |
| 2019 | 1.27 LCU per international $ | -3.3% |
| 2020 | 1.26 LCU per international $ | -1.3% |
| 2021 | 1.22 LCU per international $ | -2.8% |
| 2022 | 1.14 LCU per international $ | -6.4% |
| 2023 | 1.17 LCU per international $ | +2.4% |
| 2024 | 1.2 LCU per international $ | +2.4% |
Bermuda compared with similar countries
- Bermuda's 1.2 LCU per international $ is above the median for high income countries, which is 1 LCU per international $, 1.2× the median. (75 countries reporting)
Biggest year-on-year movements
Years where PPP conversion factor, GDP in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +27.0% | 0.9461 LCU per international $ | 1.2 LCU per international $ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.04 LCU per international $ | 0.8734 LCU per international $ | 1.26 LCU per international $ | 10 |
| 2000s | 1.29 LCU per international $ | 1.14 LCU per international $ | 1.43 LCU per international $ | 10 |
| 2010s | 1.37 LCU per international $ | 1.27 LCU per international $ | 1.45 LCU per international $ | 10 |
| 2020s | 1.2 LCU per international $ | 1.14 LCU per international $ | 1.26 LCU per international $ | 5 |
Countries ranked near Bermuda
- 142 Aruba 1.34 LCU per international $ compare
- 143 Dominica 1.31 LCU per international $ compare
- 144 Curacao 1.25 LCU per international $ compare
- 146 Canada 1.17 LCU per international $ compare
- 147 Belize 1.05 LCU per international $ compare
- 148 British Virgin Islands 1.02 LCU per international $ compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU 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 unit 0.0128 BoP, current US$ per US$ of GDP (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)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is ppp conversion factor, gdp in Bermuda?
- Ppp conversion factor, gdp in Bermuda was 1.2 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Bermuda?
- The highest recorded value was 1.45 LCU per international $ in 2012.
- What is the lowest ppp conversion factor, gdp recorded in Bermuda?
- The lowest recorded value was 0.8734 LCU per international $ in 1990.
- How does Bermuda rank for ppp conversion factor, gdp?
- Bermuda ranks 145th out of 205 countries with data for 2024.
- Is ppp conversion factor, gdp rising or falling in Bermuda?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.