GDP growth — all countries

GDP growth — Bermuda

GDP growth in Bermuda in 2024 — 1.89%. Ranked 144 in the world out of 200. Since 1961, the indicator has fallen by 2.79 pp.

2024 1.89% −2.45 pp vs 2023
World rank 144of 200
Period maximum 14.36%1966
Period minimum -6.97%2020

Trend over time

1961–2024 · % per year

GDP growth — Bermuda, 1961–2024-100102019611968197519821989199620032010201720241961: 4.68%1963: 1.07%1965: 4.76%1967: 13.28%1969: 3.44%1971: 3.44%1973: 1.48%1975: 3.77%1977: 5.9%1979: 2.15%1981: 2.38%1983: 2.01%1985: -2%1987: 3.75%1989: 0.44%1991: -3.53%1993: 3.01%1995: 4.4%1997: 4.6%1999: 3.38%2001: 7.22%2003: 3.41%2005: 1.67%2007: 3.35%2009: -5.63%2011: -3.74%2013: -0.28%2015: 0.78%2017: 3.61%2019: 0.31%2021: 4.76%2023: 4.33%2024: 1.89%
Change over the period: −2.79 pp Annual average: -0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Bermuda

Bermuda 1.89%
World 2.9%
Northern America computed 2.74%
High-income countries computed 2.02%
GDP growth — Bermuda, by year Bermuda All countries CSV XLSX
Year % Change, pp
2024 1.89 −2.45 pp
2023 4.33 −1.92 pp
2022 6.26 +1.49 pp
2021 4.76 +11.74 pp
2020 -6.97 −7.28 pp
2019 0.31 +0.74 pp
2018 -0.43 −4.04 pp
2017 3.61 +4.27 pp
2016 -0.66 −1.43 pp
2015 0.78 +4.48 pp
2014 -3.7 −3.42 pp
2013 -0.28 +5.03 pp
2012 -5.31 −1.56 pp
2011 -3.74 −1.24 pp
2010 -2.5 +3.12 pp
2009 -5.63 −3.76 pp
2008 -1.87 −5.21 pp
2007 3.35 −2.2 pp
2006 5.54 +3.87 pp
2005 1.67 −0.65 pp
2004 2.32 −1.09 pp
2003 3.41 +4.89 pp
2002 -1.48 −8.7 pp
2001 7.22 −2.09 pp
2000 9.32 +5.93 pp
1999 3.38 −0.52 pp
1998 3.9 −0.7 pp
1997 4.6 +2 pp
1996 2.6 −1.8 pp
1995 4.4 +3.8 pp
1994 0.6 −2.41 pp
1993 3.01 +3.07 pp
1992 -0.06 +3.47 pp
1991 -3.53 −3.55 pp
1990 0.02 −0.42 pp
1989 0.44 −3.61 pp
1988 4.06 +0.31 pp
1987 3.75 −2.92 pp
1986 6.67 +8.67 pp
1985 -2 −2.48 pp
1984 0.48 −1.53 pp
1983 2.01 +7.29 pp
1982 -5.29 −7.67 pp
1981 2.38 −5.56 pp
1980 7.94 +5.8 pp
1979 2.15 +0.7 pp
1978 1.45 −4.44 pp
1977 5.9 −3.04 pp
1976 8.94 +5.17 pp
1975 3.77 +2.89 pp
1974 0.88 −0.61 pp
1973 1.48 −0.33 pp
1972 1.81 −1.62 pp
1971 3.44 −2.87 pp
1970 6.31 +2.88 pp
1969 3.44 +1.33 pp
1968 2.11 −11.17 pp
1967 13.28 −1.09 pp
1966 14.36 +9.6 pp
1965 4.76 −6.35 pp
1964 11.11 +10.04 pp
1963 1.07 −3.4 pp
1962 4.47 −0.21 pp
1961 4.68

Northern America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.