Bermuda — GDP
GDP (Nominal) for Bermuda, 1960–2024.
GDP for Bermuda was 9.19 billion in 2024, according to the latest World Bank data. The series covers 65 years, from 1960 to 2024. The latest year is also the highest value on record for this series. The lowest was 72.40 million in 1960 (about 127.0× the low point). Across that span the compound annual growth rate works out to 7.86% per year.
Bermuda ranks 158 of 212 economies on this measure (1 = highest), putting it in the top 75%. The median for North America is 2.32 trillion, so Bermuda sits below it. Over the last decade (2014–2024) the figure moved up 43%. Its sharpest one-year move was up 33% in 1996. That is 24% above this series' own ten-year average.
Data highlights
From its 1960 level: doubled by 1968; grown tenfold by 1981. Doubling roughly every 9.2 years at that pace.
World ranking. Slipped: 103rd of 111 in 1960 → 121st of 146 in 1970 → 129th of 163 in 1980 → 144th of 192 in 1990 → 137th of 204 in 2000 → 149th of 212 in 2010 → 155th of 210 in 2020 → 153rd of 200 in 2024.
Key figures
Full history — 1960 to 2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 9,194,499,000 | +6.9% |
| 2023 | 8,602,360,000 | +10.7% |
| 2022 | 7,767,884,000 | +6.6% |
| 2021 | 7,290,037,000 | +5.8% |
| 2020 | 6,887,364,000 | -7.2% |
| 2019 | 7,423,465,000 | +2.7% |
| 2018 | 7,225,977,000 | +1.2% |
| 2017 | 7,142,316,000 | +3.5% |
| 2016 | 6,899,911,000 | +3.7% |
| 2015 | 6,654,541,000 | +3.8% |
| 2014 | 6,413,988,000 | -0.8% |
| 2013 | 6,465,756,000 | +1.4% |
| 2012 | 6,378,188,000 | +1.0% |
| 2011 | 6,312,691,000 | -4.9% |
| 2010 | 6,634,526,000 | -0.3% |
| 2009 | 6,656,000,000 | -4.6% |
| 2008 | 6,980,000,000 | +3.1% |
| 2007 | 6,767,000,000 | +10.1% |
| 2006 | 6,144,000,000 | +26.2% |
| 2005 | 4,868,136,000 | +8.5% |
| 2004 | 4,484,703,000 | +7.1% |
| 2003 | 4,186,525,000 | +6.3% |
| 2002 | 3,937,228,000 | +7.0% |
| 2001 | 3,680,483,000 | +5.8% |
| 2000 | 3,480,219,000 | +4.7% |
| 1999 | 3,324,433,000 | +6.2% |
| 1998 | 3,130,748,000 | +6.7% |
| 1997 | 2,932,827,000 | +8.8% |
| 1996 | 2,695,390,000 | +32.7% |
| 1995 | 2,030,750,000 | +8.8% |
| 1994 | 1,867,160,100 | +2.6% |
| 1993 | 1,820,359,900 | +8.4% |
| 1992 | 1,679,900,000 | +2.8% |
| 1991 | 1,634,900,000 | +2.7% |
| 1990 | 1,592,400,000 | +6.1% |
| 1989 | 1,501,500,032 | +6.1% |
| 1988 | 1,415,100,032 | +9.1% |
| 1987 | 1,296,499,968 | +10.5% |
| 1986 | 1,173,500,032 | +12.9% |
| 1985 | 1,039,500,032 | +5.5% |
| 1984 | 985,699,968 | +10.8% |
| 1983 | 889,400,000 | +13.2% |
| 1982 | 785,500,032 | +6.3% |
| 1981 | 739,100,032 | +20.5% |
| 1980 | 613,299,968 | +18.6% |
| 1979 | 517,200,000 | +8.7% |
| 1978 | 475,800,000 | +6.4% |
| 1977 | 447,000,000 | +15.7% |
| 1976 | 386,300,000 | +12.0% |
| 1975 | 345,000,000 | +10.4% |
| 1974 | 312,600,000 | +16.0% |
| 1973 | 269,500,000 | +14.5% |
| 1972 | 235,400,000 | +11.5% |
| 1971 | 211,100,000 | +13.3% |
| 1970 | 186,300,000 | +13.0% |
| 1969 | 164,900,000 | +9.9% |
| 1968 | 150,000,000 | +11.3% |
| 1967 | 134,800,000 | +17.2% |
| 1966 | 115,000,000 | +17.3% |
| 1965 | 98,000,000 | +6.3% |
| 1964 | 92,200,000 | +11.6% |
| 1963 | 82,600,000 | +2.4% |
| 1962 | 80,700,000 | +5.5% |
| 1961 | 76,500,000 | +5.7% |
| 1960 | 72,400,000 | — |
Frequently asked questions
What was Bermuda’s GDP in 1961?
76,500,000 (1961). The full year-by-year table above lists every published year, most recent first.
Are Bermuda’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Bermuda’s GDP growing or shrinking?
Between 1960 and 2024 the series was growing overall: +12599.6% in total — about 7.9% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2024: 9,194,499,000; 2023: 8,602,360,000; 2022: 7,767,884,000; 2021: 7,290,037,000; 2020: 6,887,364,000. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.