Taxes less subsidies on products (current LCU), annual growth rate in Bermuda
Bermuda: Taxes less subsidies on products (current LCU), annual growth rate was 4.4 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Bermuda, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded 4.4 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 0.1% on the previous year and up 151.8% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Bermuda peaked at 11.65 % change on previous year in 1999 and was at its lowest, -17.82 % change on previous year, in 2020.
Bermuda ranks 139th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 4.2 % change on previous year | — |
| 1998 | 5.11 % change on previous year | +21.9% |
| 1999 | 11.65 % change on previous year | +127.8% |
| 2000 | 5.79 % change on previous year | -50.3% |
| 2001 | 0.4718 % change on previous year | -91.9% |
| 2002 | 1.96 % change on previous year | +315.9% |
| 2003 | 4.65 % change on previous year | +136.9% |
| 2004 | 9.68 % change on previous year | +108.3% |
| 2005 | 7.05 % change on previous year | -27.2% |
| 2011 | -3.06 % change on previous year | -143.4% |
| 2012 | -7.51 % change on previous year | +145.6% |
| 2013 | 11.47 % change on previous year | -252.7% |
| 2014 | -8.49 % change on previous year | -174.0% |
| 2015 | 10.75 % change on previous year | -226.6% |
| 2016 | 3.06 % change on previous year | -71.6% |
| 2017 | 10.81 % change on previous year | +253.5% |
| 2018 | -0.1938 % change on previous year | -101.8% |
| 2019 | -1.51 % change on previous year | +679.2% |
| 2020 | -17.82 % change on previous year | +1079.8% |
| 2021 | 9.68 % change on previous year | -154.3% |
| 2022 | 6.94 % change on previous year | -28.2% |
| 2023 | 4.4 % change on previous year | -36.7% |
| 2024 | 4.4 % change on previous year | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.99 % change on previous year | 4.2 % change on previous year | 11.65 % change on previous year | 3 |
| 2000s | 4.94 % change on previous year | 0.4718 % change on previous year | 9.68 % change on previous year | 6 |
| 2010s | 1.7 % change on previous year | -8.49 % change on previous year | 11.47 % change on previous year | 9 |
| 2020s | 1.52 % change on previous year | -17.82 % change on previous year | 9.68 % change on previous year | 5 |
Countries ranked near Bermuda
- 136 Algeria 4.63 % change on previous year compare
- 137 Vanuatu 4.54 % change on previous year compare
- 138 Serbia 4.45 % change on previous year compare
- 140 Andorra 4.37 % change on previous year compare
- 141 Kuwait 4.34 % change on previous year compare
- 142 Italy 4.34 % change on previous year compare
More economy & growth data for Bermuda
- Industry (including construction), value added (constant LCU), annual 4.66 % change on previous year (2024)
- Services, value added (current LCU), annual growth rate 6.68 % change on previous year (2024)
- Services, value added (current US$), per capita 129,888 current US$ per person (2024)
- Services, value added (current US$), per unit of GDP 0.9131 current US$ per US$ of GDP (2024)
- Services, value added (current US$), annual growth rate 6.68 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 5,892 constant LCU per person (2024)
- Industry (including construction), value added (constant LCU), per 0.0414 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 4.66 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.049 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 6,965 current LCU per person (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Bermuda?
- Taxes less subsidies on products (current lcu), annual growth rate in Bermuda was 4.4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Bermuda?
- The highest recorded value was 11.65 % change on previous year in 1999.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Bermuda?
- The lowest recorded value was -17.82 % change on previous year in 2020.
- How does Bermuda rank for taxes less subsidies on products (current lcu), annual growth rate?
- Bermuda ranks 139th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 151.8%. 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 Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.