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Trading Basics

Bermuda

Capital
Hamilton
Region
North America
Income group
High income
Population
65,000 (2025)

At a glance

  • Bermuda's economy grew 1.9% in 2024, slower than most economies.
  • Output per person in Bermuda was US$142,250 in 2024, higher than in most countries.
  • Bermuda had 65,000 people in 2025: about less than 0.1% of everyone on Earth, the 200th largest population of 217 countries and territories.
  • Bermuda had a current account surplus of 18.3% of GDP in 2024, higher than in most countries.

Real GDP, change over the year

1.9%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Bermuda and the world median, last ten years
YearBermudaWorld median
20241.9%3.4%
20234.3%3.2%
20226.3%4.3%
20214.8%5.1%
2020−7.0%−3.8%
20190.3%2.8%
2018−0.4%3.2%
20173.6%3.3%
2016−0.7%3.1%
20150.8%2.9%

GDP divided by population, in US dollars at current prices

US$142,250
World median US$7,853

Since 2000

Show the numbers
GDP per person in Bermuda and the world median, last ten years
YearBermudaWorld median
2024US$142,250US$7,853
2023US$132,962US$7,862
2022US$119,969US$7,656
2021US$112,765US$7,269
2020US$106,977US$6,433
2019US$115,798US$7,037
2018US$113,205US$6,978
2017US$112,339US$6,548
2016US$108,747US$5,982
2015US$104,855US$6,148

Everyone living in the country, mid-year

65,000

Since 2000

Show the numbers
Population in Bermuda and the world median, last ten years
YearBermuda
202565,000
202465,000
202365,000
202265,000
202165,000
202064,000
201964,000
201864,000
201764,000
201663,000

Current account balance, % of GDP

18.3%
World median −1.3%

Since 2006

Show the numbers
Current account balance in Bermuda and the world median, last ten years
YearBermudaWorld median
202418.3%−1.3%
202315.4%−1.2%
202214.6%−3.0%
202113.2%−2.4%
202012.4%−1.7%
201911.3%−2.1%
201812.3%−2.9%
201713.2%−2.1%
201612.3%−2.8%
201514.2%−2.8%

No recent World Bank figure for Bermuda: inflation, unemployment, government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Bermuda since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.