Bermuda GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Bermuda's gdp deflator was 3.51% in 2025, ranked 150th globally. This represents a 124.9% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Bermuda's gdp deflator stood at 3.51% in 2025, a rise of +1.95pp from 2024. Based on recent trends, this figure is projected to reach 3.51% by 2025. Bermuda ranked 150th globally.
Bermuda's GDP Deflator has experienced significant fluctuations over the past 65 years, spanning from 0.94% in 1961 to a peak of 29.36% in 1996 and a trough of -4.24% in 2000. The country's current GDP Deflator of 3.51% ranks #150 globally. This value is close to that of Canada, which ranked 3.55% in the same year. Comparatively, Bermuda's GDP Deflator has a more moderate rate than Sint Maarten (Dutch part) at 3.49%. The all-time peak in 1996 reflects the island nation's thriving tourism industry, which drove economic growth. Conversely, the 2000 trough was likely influenced by the global economic downturn following the dot-com bubble burst. While the GDP Deflator has generally trended downward since its peak, a potential increase in international tourism or a shift in the global economy could alter Bermuda's inflation trajectory.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 4.84% | - | - |
| 2026* trend | 4.17% | - | - |
| 2025* trend | 3.51% | - | - |
| 2025 | 3.51% | +1.95pp | #150 |
| 2024 | 1.56% | −2.28pp | #37 |
| 2023 | 3.85% | +2.40pp | #81 |
| 2022 | 1.45% | +0.26pp | #11 |
| 2021 | 1.18% | +1.61pp | #22 |
| 2020 | -0.42% | −2.84pp | #45 |
| 2019 | 2.42% | +0.81pp | #112 |
| 2018 | 1.61% | +1.71pp | #60 |
| 2017 | -0.09% | −4.47pp | #15 |
| 2016 | 4.37% | +1.42pp | #154 |
| 2015 | 2.95% | −0.06pp | #123 |
| 2014 | 3.01% | +1.35pp | #128 |
| 2013 | 1.66% | −5.04pp | #85 |
| 2012 | 6.70% | +7.85pp | #152 |
| 2011 | -1.15% | −3.39pp | #5 |
Analysis
Bermuda's gdp deflator was 3.51% in 2025, a rise of +1.95pp from 2024. Based on trends, estimated 3.51% by 2025.
Frequently Asked Questions
Bermuda's gdp deflator was 3.51% in 2025. Ranked 150th globally. This represents a 124.9% increase from the previous year.
Bermuda's gdp deflator peaked at 29.36% in 1996.
The lowest gdp deflator in Bermuda was -4.24% in 2000.
Bermuda ranks 150th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Bermuda's gdp deflator is projected to reach 3.51% by 2025 based on trend extrapolation.
The gdp deflator of Bermuda in 2025 was 3.51%. This ranks 150th in the world.
Cite this page
@misc{historysaid_bermuda_gdp-deflator,
title = {Bermuda GDP Deflator},
url = {https://historysaid.com/bermuda/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}