Bermuda: GNI per capita, Atlas method (current US$)

Key figures

Over five years it is up 19.2% from US$116,920 in 2019 (3.58% a year on average, compounded). Since 2010 it is up 31.79% from US$105,750 in 2010 (1.99% a year on average, compounded).

What the numbers say

In 2024, Bermuda's GNI per capita, Atlas method (current US$) rose US$5,910 on 2023 (from US$133,460 to US$139,370).

Across the 13 yearly changes before that (2011 to 2023), the average change was +US$2,132 and a typical year strayed about US$4,964 from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$11,100 in 2022 and the biggest yearly fall was US$6,070 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$3,693 a year. A straight line explains 87% 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 1st 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.

Closest to Bermuda in the 2024 ranking

• Cayman Islands — 2nd of 16: US$81,920
• Faroe Islands — 3rd of 16: US$73,120
• Macao SAR, China — 4th of 16: US$69,920

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 figure is converted to U.S. dollars using the World Bank Atlas method, and divided by the midyear population. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. 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 weighted average.

All 15 values

GNI per capita, Atlas method (current US$) in nearby economies

• Canada — US$56,420 (2025)
• United States — US$88,810 (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$116,514 (2024)
• GDP per capita (constant LCU) — 109,864 (2024)
• GDP (annual % growth) — 1.89% (2024)
• GDP per capita (annual % growth) — 1.99% (2024)
• Adjusted savings, education expenditure (% of GNI) — 1.43% (2021)
• Adjusted savings, carbon dioxide damage (current US$) — US$37 million (2021)
• Adjusted savings, consumption of fixed capital (current US$) — US$289.03 million (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Adjusted savings, energy depletion (current US$) — US$0 (2021)

Every indicator for Bermuda is on the Bermuda data page.

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Questions people ask

What is Bermuda's GNI per capita, Atlas method (current US$)?

US$139,370 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is up 31.79% from US$105,750 in 2010 (1.99% a year on average, compounded). The highest value was US$139,370 in 2024 and the lowest US$101,910 in 2012.

How does Bermuda rank?

1st highest of 16 economies with data for 2024.

Is the latest change in GNI per capita, Atlas method (current US$) unusual for Bermuda?

In 2024, Bermuda's GNI per capita, Atlas method (current US$) rose US$5,910 on 2023 (from US$133,460 to US$139,370). Across the 13 yearly changes before that (2011 to 2023), the average change was +US$2,132 and a typical year strayed about US$4,964 from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, 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).

Source

World Bank, World Development Indicators, indicator NY.GNP.PCAP.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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