GDP (current LCU), annual growth rate in Bermuda
Bermuda: GDP (current LCU), annual growth rate was 4.67 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in Bermuda, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded 4.67 % change on previous year for gdp (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 47.8% on the previous year and up 683.7% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Bermuda peaked at 32.73 % change on previous year in 1996 and was at its lowest, -7.22 % change on previous year, in 2020.
Bermuda ranks 156th of 211 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.
GDP (current LCU), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.31 % change on previous year | — |
| 1972 | 11.51 % change on previous year | -13.5% |
| 1973 | 14.49 % change on previous year | +25.8% |
| 1974 | 15.99 % change on previous year | +10.4% |
| 1975 | 10.36 % change on previous year | -35.2% |
| 1976 | 11.97 % change on previous year | +15.5% |
| 1977 | 15.71 % change on previous year | +31.3% |
| 1978 | 6.44 % change on previous year | -59.0% |
| 1979 | 8.7 % change on previous year | +35.0% |
| 1980 | 18.58 % change on previous year | +113.5% |
| 1981 | 20.51 % change on previous year | +10.4% |
| 1982 | 6.28 % change on previous year | -69.4% |
| 1983 | 13.23 % change on previous year | +110.7% |
| 1984 | 10.83 % change on previous year | -18.1% |
| 1985 | 5.46 % change on previous year | -49.6% |
| 1986 | 12.89 % change on previous year | +136.2% |
| 1987 | 10.48 % change on previous year | -18.7% |
| 1988 | 9.15 % change on previous year | -12.7% |
| 1989 | 6.11 % change on previous year | -33.3% |
| 1990 | 6.05 % change on previous year | -0.8% |
| 1991 | 2.67 % change on previous year | -55.9% |
| 1992 | 2.75 % change on previous year | +3.1% |
| 1993 | 8.36 % change on previous year | +203.8% |
| 1994 | 2.57 % change on previous year | -69.3% |
| 1995 | 8.76 % change on previous year | +240.8% |
| 1996 | 32.73 % change on previous year | +273.6% |
| 1997 | 8.81 % change on previous year | -73.1% |
| 1998 | 6.75 % change on previous year | -23.4% |
| 1999 | 6.19 % change on previous year | -8.3% |
| 2000 | 4.69 % change on previous year | -24.2% |
| 2001 | 5.75 % change on previous year | +22.8% |
| 2002 | 6.98 % change on previous year | +21.2% |
| 2003 | 6.33 % change on previous year | -9.2% |
| 2004 | 7.12 % change on previous year | +12.5% |
| 2005 | 8.55 % change on previous year | +20.0% |
| 2006 | 26.21 % change on previous year | +206.5% |
| 2007 | 10.14 % change on previous year | -61.3% |
| 2008 | 3.15 % change on previous year | -69.0% |
| 2009 | -4.64 % change on previous year | -247.5% |
| 2010 | -0.3226 % change on previous year | -93.1% |
| 2011 | -4.85 % change on previous year | +1403.9% |
| 2012 | 1.04 % change on previous year | -121.4% |
| 2013 | 1.37 % change on previous year | +32.3% |
| 2014 | -0.8007 % change on previous year | -158.3% |
| 2015 | 3.75 % change on previous year | -568.4% |
| 2016 | 3.69 % change on previous year | -1.7% |
| 2017 | 3.51 % change on previous year | -4.7% |
| 2018 | 1.17 % change on previous year | -66.7% |
| 2019 | 2.73 % change on previous year | +133.3% |
| 2020 | -7.22 % change on previous year | -364.2% |
| 2021 | 5.85 % change on previous year | -181.0% |
| 2022 | 8.02 % change on previous year | +37.1% |
| 2023 | 8.95 % change on previous year | +11.7% |
| 2024 | 4.67 % change on previous year | -47.8% |
Bermuda compared with similar countries
- Bermuda's 4.67 % change on previous year is below the median for high income countries, which is 5.96 % change on previous year, 78% of the median. (82 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2011 | -1403.9% | -0.3226 % change on previous year | -4.85 % change on previous year |
| 2015 | +568.4% | -0.8007 % change on previous year | 3.75 % change on previous year |
| 2020 | -364.2% | 2.73 % change on previous year | -7.22 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.05 % change on previous year | 6.44 % change on previous year | 15.99 % change on previous year | 9 |
| 1980s | 11.35 % change on previous year | 5.46 % change on previous year | 20.51 % change on previous year | 10 |
| 1990s | 8.56 % change on previous year | 2.57 % change on previous year | 32.73 % change on previous year | 10 |
| 2000s | 7.43 % change on previous year | -4.64 % change on previous year | 26.21 % change on previous year | 10 |
| 2010s | 1.13 % change on previous year | -4.85 % change on previous year | 3.75 % change on previous year | 10 |
| 2020s | 4.05 % change on previous year | -7.22 % change on previous year | 8.95 % change on previous year | 5 |
Countries ranked near Bermuda
- 153 Morocco 4.92 % change on previous year compare
- 154 Saint Lucia 4.89 % change on previous year compare
- 155 Slovenia 4.72 % change on previous year compare
- 157 Canada 4.61 % change on previous year compare
- 158 Ireland 4.61 % change on previous year compare
- 159 Isle of Man 4.55 % change on previous year compare
More population data for Bermuda
- Population regions with projections, annual growth rate -0.8969 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2046)
- Population long run with projections, annual growth rate -0.8969 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8149 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.8032 % change on previous year (2100)
- World population growth -0.9% (2100)
- Population density 660.94 people per km² (2100)
- Number of children under 5, by world region 1,235 people (2100)
- Population growth rate, by level of development -0.9% (2100)
- Number of people living in urban and rural areas, annual growth rate -0.1269 % change on previous year (2025)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Bermuda?
- Gdp (current lcu), annual growth rate in Bermuda was 4.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Bermuda?
- The highest recorded value was 32.73 % change on previous year in 1996.
- What is the lowest gdp (current lcu), annual growth rate recorded in Bermuda?
- The lowest recorded value was -7.22 % change on previous year in 2020.
- How does Bermuda rank for gdp (current lcu), annual growth rate?
- Bermuda ranks 156th out of 211 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 683.7%. 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 GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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 GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.