bm Bermuda 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$6.89 billion

↓ 7.22% vs 2019
GDP per Capita

$106,973.18

↓ 7.62% vs 2019
GDP Growth (Annual %)

-6.84%

↓ 7.15pp vs 2019
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $7.42 billion $6.89 billion -7.22%
GDP per Capita $115,798.04 $106,973.18 -7.62%
GDP Growth (Annual %) 0.31% -6.84% -7.15pp
Inflation (CPI %) N/A N/A N/A

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$6.89 billion
GDP per Capita
$106,973.18
GDP Growth (Annual %)
-6.84%
Gross National Income
$7.09 billion
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
-0.41%
Unemployment Rate (%)
N/A
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
12.40%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Bermuda's Gross Domestic Product (GDP) is $6.89 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Bermuda for 2020 is $106,973.18. GDP per capita is calculated by dividing the country's GDP by its population.

Bermuda's annual GDP growth rate for 2020 is -6.84%. This indicates the rate at which the country's economy is expanding or contracting.