Bermuda GDP PPP
GDP converted to international dollars using PPP rates NY.GDP.MKTP.PP.CD
Bermuda's gdp ppp was $8.0B in 2024, ranked 35th globally. This represents a 8.5% increase from 2023. Data from World Bank, covering 1990–2024.
Overview
Bermuda's gdp ppp stood at $8.0B in 2024, a rise of +$631.6M from 2023. Bermuda ranked 35th globally.
Bermuda's GDP PPP has experienced a significant increase over the past three and a half decades, with the country's latest value standing at 8,031,206,288.47 in 2024. This represents a substantial growth from the all-time trough of 2,063,302,183.94 in 1991, a period marked by global economic uncertainty. In fact, Bermuda's GDP PPP has more than quadrupled since then, outpacing some of its peer countries. For instance, Liechtenstein's GDP PPP, ranked 7th globally, is approximately 1% lower than Bermuda's. The island nation's economic growth is likely driven by its thriving tourism and financial services sectors, which have contributed to its status as a major offshore financial center. With a stable and business-friendly environment, Bermuda is poised to continue its economic growth trajectory. However, a shift in global economic policies or a decline in tourism demand could potentially alter this trend.
Data & projection
| Year | GDP PPP | YoY change | Rank |
|---|---|---|---|
| 2024 | $8.0B | +$631.6M | #35 |
| 2023 | $7.4B | +$591.8M | #36 |
| 2022 | $6.8B | +$839.6M | #36 |
| 2021 | $6.0B | +$486.4M | #36 |
| 2020 | $5.5B | −$350.8M | #36 |
| 2019 | $5.8B | +$344.7M | #37 |
| 2018 | $5.5B | +$40.7M | #37 |
| 2017 | $5.4B | +$345.4M | #41 |
| 2016 | $5.1B | +$282.4M | #39 |
| 2015 | $4.8B | +$246.3M | #38 |
| 2014 | $4.6B | +$26.6M | #37 |
| 2013 | $4.5B | +$145.7M | #38 |
| 2012 | $4.4B | −$118.3M | #37 |
| 2011 | $4.5B | −$80.8M | #39 |
| 2010 | $4.6B | −$61.4M | #40 |
Analysis
Bermuda's gdp ppp was $8.0B in 2024, a rise of +$631.6M from 2023.
Frequently Asked Questions
Bermuda's gdp ppp was $8.0B in 2024. Ranked 35th globally. This represents a 8.5% increase from the previous year.
Bermuda's gdp ppp peaked at $8.0B in 2024.
The lowest gdp ppp in Bermuda was $2.1B in 1991.
Bermuda ranks 35th globally in gdp ppp as of 2024.
The World Bank indicator code is NY.GDP.MKTP.PP.CD. Data sourced from World Bank.
Bermuda's gdp ppp was approximately 8.03 billion ($8.0B) in 2024.
The gdp ppp of Bermuda in 2024 was $8.0B. This ranks 35th in the world.
Cite this page
@misc{historysaid_bermuda_gdp-ppp,
title = {Bermuda GDP PPP},
url = {https://historysaid.com/bermuda/gdp-ppp/},
publisher = {HistorySaid},
year = {2026}
}