Bermuda Gross Domestic Product: Annual Growth Rate
BM: GDP: Growth
BM: GDP: Growth data was reported at 2.927 % in 2022. This records a decrease from the previous number of 3.014 % for 2021. BM: GDP: Growth data is updated yearly, averaging 2.351 % from Dec 1961 (Median) to 2022, with 62 observations. The data reached an all-time high of 14.364 % in 1966 and a record low of -6.838 % 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. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.927 2022 | yearly | 1961 - 2022 |
View Bermuda's BM: GDP: Growth from 1961 to 2022 in the chart:
BM: GDP: Growth: Exports of Goods and Services
BM: GDP: Growth: Exports of Goods and Services data was reported at 8.220 % in 2022. This records an increase from the previous number of 4.225 % for 2021. BM: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 4.286 % from Dec 2015 (Median) to 2022, with 8 observations. The data reached an all-time high of 8.220 % in 2022 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. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 8.220 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 0.692 % in 2022. This records an increase from the previous number of 0.671 % for 2021. BM: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging -0.221 % from Dec 2015 (Median) to 2022, with 8 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. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.692 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 3.266 % in 2022. This records a decrease from the previous number of 3.466 % for 2021. BM: GDP: Growth: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging -0.401 % from Dec 2015 (Median) to 2022, with 8 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. Annual percentage growth of household and NPISHs final consumption expenditure based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Household and NPISHs final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.266 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 3.303 % in 2022. This records an increase from the previous number of 3.222 % for 2021. BM: GDP: Growth: GDP per Capita data is updated yearly, averaging 1.858 % from Dec 1961 (Median) to 2022, with 62 observations. The data reached an all-time high of 12.345 % in 1966 and a record low of -6.812 % 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. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.303 2022 | yearly | 1961 - 2022 |
View Bermuda's BM: GDP: Growth:(GDP) Gross Domestic Productper Capita from 1961 to 2022 in the chart:
BM: GDP: Growth: Gross Capital Formation
BM: GDP: Growth: Gross Capital Formation data was reported at -5.299 % in 2022. This records a decrease from the previous number of 9.678 % for 2021. BM: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 4.305 % from Dec 2015 (Median) to 2022, with 8 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. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -5.299 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 -6.271 % in 2021. This records an increase from the previous number of -19.288 % for 2020. BM: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging -3.443 % from Dec 2011 (Median) to 2021, with 11 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 |
|---|---|---|
| -6.271 2021 | yearly | 2011 - 2021 |
View Bermuda's BM: GDP: Growth: Gross Value Added: Industry: Manufacturing from 2011 to 2021 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 8.553 % in 2022. This records a decrease from the previous number of 8.643 % for 2021. BM: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 2.862 % from Dec 2015 (Median) to 2022, with 8 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. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 8.553 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 1.412 % in 2022. This records a decrease from the previous number of 4.438 % for 2021. BM: GNI: Growth data is updated yearly, averaging -0.302 % from Dec 2015 (Median) to 2022, with 8 observations. The data reached an all-time high of 4.717 % in 2017 and a record low of -5.367 % 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.412 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 3.643 % in 2022. This records a decrease from the previous number of 3.675 % for 2021. BM: Growth: per capita: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging -0.472 % from Dec 2015 (Median) to 2022, with 8 observations. The data reached an all-time high of 7.990 % in 2016 and a record low of -9.471 % 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. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.643 2022 | yearly | 2015 - 2022 |