Bermuda Gross Domestic Product: Annual Growth Rate
BM: GDP: Growth
BM: GDP: Growth data was reported at 5.973 % in 2024. This records an increase from the previous number of 4.917 % for 2023. BM: GDP: Growth data is updated yearly, averaging -0.060 % from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 14.364 % in 1966 and a record low of -6.828 % in 2020. BM: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -0.095 2023 | yearly | 1961 - 2023 |
View Bermuda's BM: GDP: Growth from 1961 to 2023 in the chart:
BM: GDP: Growth: Exports of Goods and Services
BM: GDP: Growth: Exports of Goods and Services data was reported at 10.967 % in 2024. This records an increase from the previous number of 6.343 % for 2023. BM: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging -3.279 % from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 10.967 % in 2024 and a record low of -10.233 % in 2017. BM: GDP: Growth: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 9.821 2022 | yearly | 2015 - 2022 |
View Bermuda's BM: GDP: Growth: Exports of Goods and Services from 2015 to 2022 in the chart:
BM: GDP: Growth: Final Consumption Expenditure: General Government
BM: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 1.099 % in 2024. This records an increase from the previous number of -1.161 % for 2023. BM: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 2.998 % from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 7.984 % in 2016 and a record low of -5.134 % in 2017. BM: GDP: Growth: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.717 2022 | yearly | 2015 - 2022 |
View Bermuda's BM: GDP: Growth: Final Consumption Expenditure: General Government from 2015 to 2022 in the chart:
BM: GDP: Growth: Final Consumption Expenditure: Households and NPISHs
BM: GDP: Growth: Final Consumption Expenditure: Households and NPISHs data was reported at 1.541 % in 2024. This records a decrease from the previous number of 4.903 % for 2023. BM: GDP: Growth: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging -1.648 % from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 6.859 % in 2016 and a record low of -9.497 % in 2020. BM: GDP: Growth: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.732 2022 | yearly | 2015 - 2022 |
View Bermuda's BM: GDP: Growth: Final Consumption Expenditure: Households and NPISHs from 2015 to 2022 in the chart:
BM: GDP: Growth:(GDP) Gross Domestic Productper Capita
BM: GDP: Growth: GDP per Capita data was reported at 6.074 % in 2024. This records an increase from the previous number of 5.000 % for 2023. BM: GDP: Growth: GDP per Capita data is updated yearly, averaging -0.784 % from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 11.835 % in 1966 and a record low of -7.226 % in 2020. BM: GDP: Growth: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -0.016 2023 | yearly | 1961 - 2023 |
View Bermuda's BM: GDP: Growth:(GDP) Gross Domestic Productper Capita from 1961 to 2023 in the chart:
BM: GDP: Growth: Gross Capital Formation
BM: GDP: Growth: Gross Capital Formation data was reported at 3.317 % in 2024. This records an increase from the previous number of -2.047 % for 2023. BM: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 11.706 % from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 15.450 % in 2016 and a record low of -24.676 % in 2020. BM: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -3.214 2022 | yearly | 2015 - 2022 |
View Bermuda's BM: GDP: Growth: Gross Capital Formation from 2015 to 2022 in the chart:
BM: GDP: Growth: Gross Value Added: Agriculture
BM: GDP: Growth: Gross Value Added: Agriculture data was reported at 1.271 % in 2019. This records an increase from the previous number of -13.802 % for 2018. BM: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 1.271 % from Dec 2011 (Median) to 2019, with 9 observations. The data reached an all-time high of 44.993 % in 2016 and a record low of -33.718 % in 2014. BM: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 1.271 2019 | yearly | 2011 - 2019 |
View Bermuda's BM: GDP: Growth: Gross Value Added: Agriculture from 2011 to 2019 in the chart:
BM: GDP: Growth: Gross Value Added: Industry
BM: GDP: Growth: Gross Value Added: Industry data was reported at 15.311 % in 2019. This records an increase from the previous number of 7.911 % for 2018. BM: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging -1.025 % from Dec 2011 (Median) to 2019, with 9 observations. The data reached an all-time high of 15.311 % in 2019 and a record low of -14.339 % in 2011. BM: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 15.311 2019 | yearly | 2011 - 2019 |
View Bermuda's BM: GDP: Growth: Gross Value Added: Industry from 2011 to 2019 in the chart:
BM: GDP: Growth: Gross Value Added: Industry: Manufacturing
BM: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 1.449 % in 2022. This records an increase from the previous number of -6.271 % for 2021. BM: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging -2.957 % from Dec 2011 (Median) to 2022, with 12 observations. The data reached an all-time high of 6.407 % in 2017 and a record low of -32.859 % in 2013. BM: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 1.449 2022 | yearly | 2011 - 2022 |
View Bermuda's BM: GDP: Growth: Gross Value Added: Industry: Manufacturing from 2011 to 2022 in the chart:
Bermuda BM: GDP: Growth: Gross Value Added: Services
BM: GDP: Growth: Gross Value Added: Services data was reported at -3.602 % in 2012. This records a decrease from the previous number of -3.503 % for 2011. BM: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 1.689 % from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 9.638 % in 2000 and a record low of -4.855 % in 2009. BM: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| -3.60 2012 | yearly | 1997 - 2012 |
View Bermuda's Bermuda BM: GDP: Growth: Gross Value Added: Services from 1997 to 2012 in the chart:
BM: GDP: Growth: Imports of Goods and Services
BM: GDP: Growth: Imports of Goods and Services data was reported at 4.565 % in 2024. This records a decrease from the previous number of 5.717 % for 2023. BM: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 1.214 % from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 8.643 % in 2021 and a record low of -21.268 % in 2020. BM: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 8.572 2022 | yearly | 2015 - 2022 |
View Bermuda's BM: GDP: Growth: Imports of Goods and Services from 2015 to 2022 in the chart:
BM: GNI: Growth
BM: GNI: Growth data was reported at 7.039 % in 2024. This records an increase from the previous number of 3.439 % for 2023. BM: GNI: Growth data is updated yearly, averaging 0.863 % from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 7.039 % in 2024 and a record low of -9.090 % in 2020. BM: GNI: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 7.463 2022 | yearly | 2015 - 2022 |
View Bermuda's BM: GNI: Growth from 2015 to 2022 in the chart:
BM: Growth: per capita: Final Consumption Expenditure: Households and NPISHs
BM: Growth: per capita: Final Consumption Expenditure: Households and NPISHs data was reported at 1.638 % in 2024. This records a decrease from the previous number of 4.986 % for 2023. BM: Growth: per capita: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging -2.072 % from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 6.885 % in 2016 and a record low of -9.883 % in 2020. BM: Growth: per capita: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.694 2023 | yearly | 2015 - 2023 |