Taxes less subsidies on products (current US$), per capita (capita US) in Bermuda
Bermuda: Taxes less subsidies on products (current US$), per capita (capita US) was 5,144 current US$ per person in 2024. ▲ Rising
Taxes less subsidies on products (current US$), per capita in Bermuda, 1996–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
The most recent figure for taxes less subsidies on products (current us$), per capita in Bermuda is 5,144 current US$ per person, measured in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 28.4% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per capita in Bermuda peaked at 5,144 current US$ per person in 2024 and was at its lowest, 2,375 current US$ per person, in 1996.
That places Bermuda 19th out of 197 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Taxes less subsidies on products (current US$), per capita (capita US) in Bermuda, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1996 | 2,375 current US$ per person | — |
| 1997 | 2,459 current US$ per person | +3.6% |
| 1998 | 2,565 current US$ per person | +4.3% |
| 1999 | 2,842 current US$ per person | +10.8% |
| 2000 | 2,985 current US$ per person | +5.1% |
| 2001 | 2,984 current US$ per person | -0.0% |
| 2002 | 3,029 current US$ per person | +1.5% |
| 2003 | 3,158 current US$ per person | +4.2% |
| 2004 | 3,454 current US$ per person | +9.4% |
| 2005 | 3,688 current US$ per person | +6.8% |
| 2010 | 4,368 current US$ per person | +18.4% |
| 2011 | 4,234 current US$ per person | -3.1% |
| 2012 | 3,921 current US$ per person | -7.4% |
| 2013 | 4,376 current US$ per person | +11.6% |
| 2014 | 4,007 current US$ per person | -8.4% |
| 2015 | 4,442 current US$ per person | +10.9% |
| 2016 | 4,579 current US$ per person | +3.1% |
| 2017 | 5,064 current US$ per person | +10.6% |
| 2018 | 5,034 current US$ per person | -0.6% |
| 2019 | 4,937 current US$ per person | -1.9% |
| 2020 | 4,040 current US$ per person | -18.2% |
| 2021 | 4,412 current US$ per person | +9.2% |
| 2022 | 4,711 current US$ per person | +6.8% |
| 2023 | 4,922 current US$ per person | +4.5% |
| 2024 | 5,144 current US$ per person | +4.5% |
Bermuda compared with similar countries
- Bermuda's 5,144 current US$ per person is above the median for high income countries, which is 3,479 current US$ per person, 1.5× the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,560 current US$ per person | 2,375 current US$ per person | 2,842 current US$ per person | 4 |
| 2000s | 3,216 current US$ per person | 2,984 current US$ per person | 3,688 current US$ per person | 6 |
| 2010s | 4,496 current US$ per person | 3,921 current US$ per person | 5,064 current US$ per person | 10 |
| 2020s | 4,646 current US$ per person | 4,040 current US$ per person | 5,144 current US$ per person | 5 |
Countries ranked near Bermuda
- 16 United Kingdom 5,629 current US$ per person compare
- 17 Cayman Islands 5,593 current US$ per person compare
- 18 France 5,373 current US$ per person compare
- 20 Bahamas 4,866 current US$ per person compare
- 21 Andorra 4,853 current US$ per person compare
- 22 Croatia 4,686 current US$ per person compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (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$), per 0.1072 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per capita in Bermuda?
- Taxes less subsidies on products (current us$), per capita in Bermuda was 5,144 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per capita recorded in Bermuda?
- The highest recorded value was 5,144 current US$ per person in 2024.
- What is the lowest taxes less subsidies on products (current us$), per capita recorded in Bermuda?
- The lowest recorded value was 2,375 current US$ per person in 1996.
- How does Bermuda rank for taxes less subsidies on products (current us$), per capita?
- Bermuda ranks 19th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per capita rising or falling in Bermuda?
- Over the last ten years it is up 28.4%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ Population, total
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.