Bermuda Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Bermuda experienced a significant an increase in its GDP growth rate, which rise to 5.973% from 4.917% in 2023. Additionally, the GDP per capita growth rate in Bermuda increase to 6.074% in 2024, compared to 5% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 4.68% | 4.68% | 2.459% | 2.46% |
| 1962 | 4.47% | -0.21% | 1.835% | -0.62% |
| 1963 | 1.07% | -3.40% | -1.384% | -3.22% |
| 1964 | 11.11% | 10.04% | 8.548% | 9.93% |
| 1965 | 4.76% | -6.35% | 2.44% | -6.11% |
| 1966 | 14.364% | 9.60% | 11.835% | 9.40% |
| 1967 | 13.275% | -1.09% | 11.033% | -0.80% |
| 1968 | 2.105% | -11.17% | 0.302% | -10.73% |
| 1969 | 3.436% | 1.33% | 1.618% | 1.32% |
| 1970 | 6.312% | 2.88% | 4.644% | 3.03% |
| 1971 | 3.438% | -2.87% | 2.488% | -2.16% |
| 1972 | 1.813% | -1.63% | 1.435% | -1.05% |
| 1973 | 1.484% | -0.33% | 1.21% | -0.23% |
| 1974 | 0.877% | -0.61% | 0.668% | -0.54% |
| 1975 | 3.768% | 2.89% | 3.626% | 2.96% |
| 1976 | 8.939% | 5.17% | 8.773% | 5.15% |
| 1977 | 5.897% | -3.04% | 5.675% | -3.10% |
| 1978 | 1.453% | -4.44% | 1.246% | -4.43% |
| 1979 | 2.148% | 0.70% | 1.984% | 0.74% |
| 1980 | 7.944% | 5.80% | 7.63% | 5.65% |
| 1981 | 2.381% | -5.56% | 1.767% | -5.86% |
| 1982 | -5.285% | -7.67% | -5.965% | -7.73% |
| 1983 | 2.009% | 7.29% | 1.283% | 7.25% |
| 1984 | 0.481% | -1.53% | -0.233% | -1.52% |
| 1985 | -2.003% | -2.48% | -2.67% | -2.44% |
| 1986 | 6.667% | 8.67% | 6.014% | 8.68% |
| 1987 | 3.75% | -2.92% | 3.057% | -2.96% |
| 1988 | 4.056% | 0.31% | 3.26% | 0.20% |
| 1989 | 0.444% | -3.61% | -0.312% | -3.57% |
| 1990 | 0.019% | -0.43% | -0.728% | -0.42% |
| 1991 | -3.534% | -3.55% | -4.241% | -3.51% |
| 1992 | -0.06% | 3.47% | -0.784% | 3.46% |
| 1993 | 3.009% | 3.07% | 2.292% | 3.08% |
| 1994 | 0.6% | -2.41% | -0.043% | -2.34% |
| 1995 | 4.399% | 3.80% | 3.817% | 3.86% |
| 1996 | 2.6% | -1.80% | 2.108% | -1.71% |
| 1997 | 4.6% | 2.00% | 3.967% | 1.86% |
| 1998 | 3.9% | -0.70% | 3.108% | -0.86% |
| 1999 | 3.383% | -0.52% | 2.562% | -0.55% |
| 2000 | 9.317% | 5.93% | 8.561% | 6.00% |
| 2001 | 7.222% | -2.10% | 6.673% | -1.89% |
| 2002 | -1.478% | -8.70% | -1.914% | -8.59% |
| 2003 | 3.411% | 4.89% | 3.006% | 4.92% |
| 2004 | 2.321% | -1.09% | 2.045% | -0.96% |
| 2005 | 1.674% | -0.65% | 1.421% | -0.62% |
| 2006 | 5.544% | 3.87% | 5.337% | 3.92% |
| 2007 | 3.345% | -2.20% | 3.056% | -2.28% |
| 2008 | -1.866% | -5.21% | -2.316% | -5.37% |
| 2009 | -5.627% | -3.76% | -6.02% | -3.70% |
| 2010 | -2.503% | 3.12% | -2.748% | 3.27% |
| 2011 | -3.743% | -1.24% | -3.755% | -1.01% |
| 2012 | -5.305% | -1.56% | -5.176% | -1.42% |
| 2013 | -0.28% | 5.03% | -0.167% | 5.01% |
| 2014 | -3.701% | -3.42% | -3.633% | -3.47% |
| 2015 | 0.776% | 4.48% | 0.879% | 4.51% |
| 2016 | -0.657% | -1.43% | -0.634% | -1.51% |
| 2017 | 3.611% | 4.27% | 3.401% | 4.04% |
| 2018 | -0.433% | -4.04% | -0.827% | -4.23% |
| 2019 | 0.307% | 0.74% | -0.125% | 0.70% |
| 2020 | -6.828% | -7.14% | -7.226% | -7.10% |
| 2021 | 4.607% | 11.44% | 4.177% | 11.40% |
| 2022 | 6.476% | 1.87% | 6.31% | 2.13% |
| 2023 | 4.917% | -1.56% | 5% | -1.31% |
| 2024 | 5.973% | 1.06% | 6.074% | 1.07% |