Bermuda's GNI (current US$) was US$9.49 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 42.53% from US$6.66 billion in 2014 (3.61% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$9.49 billion | 2024 |
| Five years earlier | US$7.52 billion | 2019 |
| Ten years earlier | US$6.66 billion | 2014 |
| Highest | US$9.49 billion | 2024 |
| Lowest | US$6.47 billion | 2011 |
| Average since 2015 | US$7.76 billion | 2015–2024 |
| First recorded | US$6.78 billion |
What the numbers say
In 2024, Bermuda's GNI (current US$) rose 8% on 2023 (from US$8.79 billion to US$9.49 billion).
Across the 13 yearly changes before that (2011 to 2023), the average change was +2.1% and a typical year strayed about 4.3% from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 8% in 2024 and the biggest yearly fall was 5.8% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$236.13 million a year. A straight line explains 75% 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 2024, Bermuda had the 8th highest value of the 16 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.
| Value | Year | |
|---|---|---|
| Bermuda | US$9.49 billion | 2024 |
| World | US$117.7 trillion | 2025 |
| North America | US$32.92 trillion | 2025 |
| High income | US$76.76 trillion | 2025 |
Closest to Bermuda in the 2024 ranking
- Lebanon — 5th of 16: US$25.7 billion
- Afghanistan — 6th of 16: US$17.85 billion
- Bahamas, The — 7th of 16: US$15.2 billion
- New Caledonia — 9th of 16: US$8.82 billion
- French Polynesia — 10th of 16: US$7.01 billion
- Cayman Islands — 11th of 16: US$6.27 billion
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 15 values
| Year | GNI (current US$) |
|---|---|
| 2024 | 9,489,252,000 |
| 2023 | 8,786,049,000 |
| 2022 | 8,191,442,000 |
| 2021 | 7,601,356,000 |
| 2020 | 7,090,446,000 |
| 2019 | 7,524,540,000 |
| 2018 | 7,460,410,000 |
| 2017 | 7,435,279,000 |
| 2016 | 7,095,783,000 |
| 2015 | 6,893,729,000 |
| 2014 |
GNI (current US$) in nearby economies
- Canada — US$2.32 trillion (2025)
- United States — US$30.59 trillion (2025)
More economic policy & debt data for Bermuda
- GDP (current US$) — 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$116,514 (2024)
- GDP per capita (constant LCU) — 109,864 (2024)
- GDP (annual % growth) — 1.89% (2024)
- GDP per capita (annual % growth) — 1.99% (2024)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Bermuda's GNI (current US$)?
- US$9.49 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 39.95% from US$6.78 billion in 2010 (2.43% a year on average, compounded). The highest value was US$9.49 billion in 2024 and the lowest US$6.47 billion in 2011.
- How does Bermuda rank?
- 8th highest of 16 economies with data for 2024.
- Is the latest change in GNI (current US$) unusual for Bermuda?
- In 2024, Bermuda's GNI (current US$) rose 8% on 2023 (from US$8.79 billion to US$9.49 billion). Across the 13 yearly changes before that (2011 to 2023), the average change was +2.1% and a typical year strayed about 4.3% from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GNP.MKTP.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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