Bermuda: Economic growth, quarterly

* indicates monthly or quarterly data series
 Bermuda

Economic growth, percent change in quarterly real GDP

 Latest value 2.3
 Reference Q2 2023
 Measure percent
 Data availability Q1 2014 - Q2 2023
 Average 0.47
 Min - Max -17.3 - 11.3
 Source Department of Statistics - Government of Bermuda
The latest data from Q2 2023 show economic growth of 2.3 percent, which is a decrease from the rate of growth of 4.6 percent in the previous quarter and a decrease compared to the growth rate of 7.4 percent in the same quarter last year. The economic growth time series for Bermuda cover the period from Q1 2014 to Q2 2023. During that time span, the average growth rate for Bermuda was 0.47 percent. The lowest rate of growth of -17.3 percent was recorded in Q2 2020 while the highest growth rate was 11.3 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


Recent values chart
Bermuda - Economic growth, quarterly  - recent values

Historical chart
Bermuda - Economic growth, quarterly  - historical chart - 2014-2023
Measure: percent
Source: Department of Statistics - Government of Bermuda


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest value Reference Measure
 Economic growth 2.93 2022 percent
 GDP, constant dollars 6.8 2022 billion U.S. dollars
 GDP, current U.S. dollars 7.55 2022 billion U.S. dollars
 GDP per capita, current dollars 118,845.63 2022 U.S. dollars
 GDP per capita, PPP 81,166 2022 U.S. dollars
 GDP per capita, constant dollars 106,359.97 2022 U.S. dollars
 Economic growth, quarterly -3.00 Q3/2022 percent
 Gross Domestic Product (GDP) 1.78 Q3/2022 billion
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