Bermuda: Adjusted savings, consumption of fixed capital (% of GNI)

Key figures

What the numbers say

In 2021, Bermuda's adjusted savings, consumption of fixed capital (% of GNI) fell 1.16 percentage points on 2020 (from 4.96% to 3.8%).

Across the 10 yearly changes before that (2011 to 2020), the average change was −0.03 percentage points and a typical year strayed about 0.24 percentage points from that (the standard deviation). This year's change was 4.8 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 0.34 percentage points in 2011 and the biggest yearly fall was 1.16 percentage points in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is downward, about 0.09 percentage points a year. A straight line explains 45% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Bermuda had the 180th highest value of the 185 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Bermuda in the 2021 ranking

• Kiribati — 177th of 185: 4.33%
• Jordan — 178th of 185: 4.24%
• Pakistan — 179th of 185: 3.99%
• Guyana — 181st of 185: 3.63%
• Niger — 182nd of 185: 3.59%
• Côte d'Ivoire — 183rd of 185: 3.16%

What this measures

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 12 values

Adjusted savings, consumption of fixed capital (% of GNI) in nearby economies

• Canada — 16.5% (2021)
• United States — 16.22% (2021)

More economic policy & debt data for Bermuda

• GDP (current US$) — US$9.19 billion (2024)
• GDP (current LCU) — 9.19 billion (2024)
• GDP (constant 2015 US$) — US$7.53 billion (2024)
• GDP (constant LCU) — 7.1 billion (2024)
• GDP per capita (current US$) — US$142,250 (2024)
• GDP per capita (current LCU) — 142,250 (2024)
• GDP per capita (constant 2015 US$) — US$116,514 (2024)
• GDP per capita (constant LCU) — 109,864 (2024)
• GDP (annual % growth) — 1.89% (2024)
• GDP per capita (annual % growth) — 1.99% (2024)
• Adjusted savings, education expenditure (% of GNI)

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Questions people ask

What is Bermuda's adjusted savings, consumption of fixed capital (% of GNI)?

3.8% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is down 1.42 percentage points from 5.22% in 2010. The highest value was 5.57% in 2011 and the lowest 3.8% in 2021.

How does Bermuda rank?

180th highest of 185 economies with data for 2021.

Is the latest change in adjusted savings, consumption of fixed capital (% of GNI) unusual for Bermuda?

In 2021, Bermuda's adjusted savings, consumption of fixed capital (% of GNI) fell 1.16 percentage points on 2020 (from 4.96% to 3.8%). Across the 10 yearly changes before that (2011 to 2020), the average change was −0.03 percentage points and a typical year strayed about 0.24 percentage points from that (the standard deviation). This year's change was 4.8 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NY.ADJ.DKAP.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts Statistics, United Nations (UN), publisher: UN Statistics Division Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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