GDP growth (annual %) (UNESCO Institute) in Bermuda
Bermuda: GDP growth (annual %) (UNESCO Institute) was 2.1% in 2024. ◆ Volatile
GDP growth in Bermuda, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Bermuda is 2.1%, measured in 2024.
The figure is down 57.2% on the previous year and up 156.9% over ten years.
Over the whole period, gdp growth in Bermuda peaked at 9.3% in 2000 and was at its lowest, -6.8%, in 2020.
That places Bermuda 140th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Bermuda, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 6.3% | — |
| 1971 | 3.4% | -45.5% |
| 1972 | 1.8% | -47.3% |
| 1973 | 1.5% | -18.2% |
| 1974 | 0.9% | -40.9% |
| 1975 | 3.8% | +329.6% |
| 1976 | 8.9% | +137.2% |
| 1977 | 5.9% | -34.0% |
| 1978 | 1.5% | -75.4% |
| 1979 | 2.1% | +47.9% |
| 1980 | 7.9% | +269.8% |
| 1981 | 2.4% | -70.0% |
| 1982 | -5.3% | -322.0% |
| 1983 | 2.0% | -138.0% |
| 1984 | 0.5% | -76.0% |
| 1985 | -2.0% | -516.2% |
| 1986 | 6.7% | -432.8% |
| 1987 | 3.8% | -43.8% |
| 1988 | 4.1% | +8.2% |
| 1989 | 0.4% | -89.1% |
| 1990 | 0.0% | -95.7% |
| 1991 | -3.5% | -18498.6% |
| 1992 | -0.1% | -98.3% |
| 1993 | 3.0% | -5136.1% |
| 1994 | 0.6% | -80.1% |
| 1995 | 4.4% | +633.7% |
| 1996 | 2.6% | -40.9% |
| 1997 | 4.6% | +76.9% |
| 1998 | 3.9% | -15.2% |
| 1999 | 3.4% | -13.3% |
| 2000 | 9.3% | +175.4% |
| 2001 | 7.2% | -22.5% |
| 2002 | -1.5% | -120.5% |
| 2003 | 3.4% | -330.8% |
| 2004 | 2.3% | -31.9% |
| 2005 | 1.7% | -27.9% |
| 2006 | 5.5% | +231.1% |
| 2007 | 3.3% | -39.7% |
| 2008 | -1.9% | -155.8% |
| 2009 | -5.6% | +201.5% |
| 2010 | -2.5% | -55.5% |
| 2011 | -3.7% | +49.5% |
| 2012 | -5.3% | +41.7% |
| 2013 | -0.3% | -94.7% |
| 2014 | -3.7% | +1223.2% |
| 2015 | 0.8% | -121.0% |
| 2016 | -0.7% | -184.7% |
| 2017 | 3.6% | -649.5% |
| 2018 | -0.4% | -112.0% |
| 2019 | 0.3% | -171.0% |
| 2020 | -6.8% | -2323.2% |
| 2021 | 4.6% | -167.5% |
| 2022 | 6.5% | +40.6% |
| 2023 | 4.9% | -24.1% |
| 2024 | 2.1% | -57.2% |
Bermuda compared with similar countries
- Bermuda's 2.1% is below the median for high income countries, which is 2.3%, 93% of the median. (83 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 |
|---|---|---|---|
| 1991 | -18498.6% | 0.0% | -3.5% |
| 1993 | +5136.1% | -0.1% | 3.0% |
| 2020 | -2323.2% | 0.3% | -6.8% |
| 2014 | -1223.2% | -0.3% | -3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.6% | 0.9% | 8.9% | 10 |
| 1980s | 2.0% | -5.3% | 7.9% | 10 |
| 1990s | 1.9% | -3.5% | 4.6% | 10 |
| 2000s | 2.4% | -5.6% | 9.3% | 10 |
| 2010s | -1.2% | -5.3% | 3.6% | 10 |
| 2020s | 2.3% | -6.8% | 6.5% | 5 |
Countries ranked near Bermuda
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)
- Population growth rate -0.894 (2100)
- Population density 660.94 (2100)
- Projected population under age 5 1,235 (2100)
- Population growth rate by level of development -0.894 (2100)
- Urbanization vs gdp, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in Bermuda?
- Gdp growth in Bermuda was 2.1% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Bermuda?
- The highest recorded value was 9.3% in 2000.
- What is the lowest gdp growth recorded in Bermuda?
- The lowest recorded value was -6.8% in 2020.
- How does Bermuda rank for gdp growth?
- Bermuda ranks 140th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Bermuda?
- Over the last ten years it is up 156.9%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release