Taxes less subsidies on products (current US$), annual growth rate in Bermuda
Bermuda: Taxes less subsidies on products (current US$), annual growth rate was 4.4 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Bermuda, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes less subsidies on products (current us$), annual growth rate in Bermuda stood at 4.4 % change on previous year.
The figure 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 us$), annual growth rate in Bermuda peaked at 11.65 % change on previous year in 1999 and was at its lowest, -17.82 % change on previous year, in 2020.
Bermuda ranks 142nd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), 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
- 139 India 4.51 % change on previous year compare
- 140 Vanuatu 4.49 % change on previous year compare
- 141 Botswana 4.41 % change on previous year compare
- 143 Kuwait 4.27 % change on previous year compare
- 144 New Caledonia 4.23 % change on previous year compare
- 145 Panama 4.12 % change on previous year compare
More economy & growth data for Bermuda
- Services, value added (constant 2015 US$), annual growth rate 1.77 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.98 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 4.9 % change on previous year (2024)
- Services, value added (constant LCU), per capita 99,336 constant LCU per person (2024)
- Services, value added (constant 2015 US$), per capita 106,029 constant 2015 US$ per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.7454 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (current LCU), per unit of GDP 0.9131 current LCU per US$ of GDP (2024)
- Services, value added (current US$), per capita 129,888 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Bermuda?
- Taxes less subsidies on products (current us$), 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 us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 11.65 % change on previous year in 1999.
- What is the lowest taxes less subsidies on products (current us$), 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 us$), annual growth rate?
- Bermuda ranks 142nd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.