Economic Trivia

Bermuda has the fourth highest GDP per capita in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): United States, Canada, and United Kingdom
Top 3 Exported Goods (2021): Motor Vehicles & Parts, Items nesoi, and Beverages

Top Industries Source: CIA World Factbook

International Business; Tourism; Light Manufacturing

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $6,088,718,344 (2022)
GDP Growth Rate (annual %) 2.927% (2022)
GDP Per Capita, PPP (current international) $95,837 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 168/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) Data unavailable
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 0.354% (2021)
Current Account Balance (BoP, current US$) $962,257,799 (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 1.63% (2013)
Employment in Industry (% of total employment) 10.3% (2013)
Employment in Services (% of total employment) 87.65% (2013)
Unemployment Rate 2.7% (2000)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $1,960,700,000 (2022)
Exports of goods and services (current US$) $3,950,300,000 (2022)
Total Merchandise Trade (% of GDP) 13.774% (2022)
FDI, net inflows (BoP, current US$) ($32,893,333) (2022)
Commercial Service Exports (current US$) $1,078,410,256 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Bermuda’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank