Services share of GDP — all countries

Services share of GDP — Bermuda

Services share of GDP in Bermuda in 2024 — 91.3%. Ranked 3 in the world out of 189. Since 2010, the indicator has risen by 2.4 pp.

2024 91.3% −0.2 pp vs 2023
World rank 3of 189
Period maximum 91.5%2023
Period minimum 88.9%2010

Trend over time

2010–2024 · % of GDP

Services share of GDP — Bermuda, 2010–20248889909192201020122014201620182020202220242010: 88.9%2011: 89.7%2012: 90.7%2013: 90.1%2014: 90.8%2015: 90.4%2016: 90.1%2017: 89.7%2018: 89.6%2019: 89.1%2020: 90.3%2021: 90.5%2022: 90.5%2023: 91.5%2024: 91.3%
Change over the period: +2.4 pp Annual average: 0.17 pp

Comparison, 2024

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

Bermuda 91.3%
World 63.3%
High-income countries computed 65.7%
Services share of GDP — Bermuda, by year Bermuda All countries CSV XLSX
Year % Change, pp
2024 91.3 −0.2 pp
2023 91.5 +1 pp
2022 90.5 +0 pp
2021 90.5 +0.2 pp
2020 90.3 +1.2 pp
2019 89.1 −0.5 pp
2018 89.6 −0.1 pp
2017 89.7 −0.4 pp
2016 90.1 −0.3 pp
2015 90.4 −0.4 pp
2014 90.8 +0.7 pp
2013 90.1 −0.6 pp
2012 90.7 +0.9 pp
2011 89.7 +0.8 pp
2010 88.9

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

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