NORTH AMERICA · COUNTRY REFERENCE
Bermuda
Written and compiled by American Business Capital Group Inc.
Selected country or entityMap: Natural Earth ↗
ANNUAL ECONOMIC SNAPSHOT
Population & economic scale
The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.
World Bank reporting entity: Bermuda · 3 of 3 indicators available.
Population
64,555
people
observation
Definition, value & source
Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
Received value: 64555 people. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division
GDP
$9.19 billion
current US$
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.
Received value: 9194499000 current US$. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: 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)
GDP per capita
$142,250
current US$ per person
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.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.
Received value: 142250.433195123 current US$ per person. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: 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)
GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.
THE REFERENCE FILE
Bermuda at a glance
These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.
Government type
Overseas Territory of the UK with limited self-government; parliamentary democracy
Population
total: 72,800 (2024 est.) male: 35,401 female: 37,399
Real GDP (purchasing power parity)
$6.808 billion (2024 est.) $6.667 billion (2023 est.) $6.355 billion (2022 est.) note: data in 2021 dollars
GDP (official exchange rate)
$8.98 billion (2024 est.) note: data in current dollars at official exchange rate
Real GDP growth rate
2.1% (2024 est.) 4.9% (2023 est.) 6.5% (2022 est.) note: annual GDP % growth based on constant local currency
Real GDP per capita
$105,300 (2024 est.) $103,100 (2023 est.) $98,100 (2022 est.) note: data in 2021 dollars
Inflation rate (consumer prices)
2.8% (2022 est.) 1.4% (2021 est.) 0% (2020 est.) note: annual % change based on consumer prices
Budget
revenues: $999.2 million (2017 est.) expenditures: $1.176 billion (2017 est.)
Current account balance
$1.32 billion (2023 est.) $1.135 billion (2022 est.) $962.258 million (2021 est.) note: balance of payments - net trade and primary/secondary income in current dollars
Exports
$1.599 billion (2023 est.) $1.425 billion (2022 est.) $1.136 billion (2021 est.) note: balance of payments - exports of goods and services in current dollars
Imports
$2.3 billion (2023 est.) $2.235 billion (2022 est.) $1.925 billion (2021 est.) note: balance of payments - imports of goods and services in current dollars
Electricity access
electrification - total population: 100% (2022 est.)
Internet users
percent of population: 98% (2017 est.)
THE HISTORICAL REFERENCE LIBRARY
Explore the country in detail
Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.
29 of 29 sections
Location
North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
archive edition 2025 · Archive source ↗
Capital
name: Hamilton geographic coordinates: 32 17 N, 64 47 W time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November etymology: named after Henry HAMILTON, who served as governor of Bermuda from 1788 to 1794
archive edition 2025 · Archive source ↗
Economic overview
small, tourism- and construction-based, territorial-island economy; American import and tourist destination; known offshore banking hub; increasing inflation; major re-exportation and re-importation area
archive edition 2025 · Archive source ↗
Natural resources
limestone, pleasant climate fostering tourism
archive edition 2025 · Archive source ↗
Agricultural products
bananas, vegetables, citrus, flowers; dairy products, honey
archive edition 2025 · Archive source ↗
Industries
international business, tourism, light manufacturing
archive edition 2025 · Archive source ↗
Exports - partners
Germany 40%, South Africa 38%, Netherlands 15%, USA 2%, Angola 2% (2023) note: top five export partners based on percentage share of exports
2023 source periods; archive edition 2025 · Archive source ↗
Exports - commodities
crude petroleum, ships, aircraft, liquor, railway cargo containers (2023) note: top five export commodities based on value in dollars
2023 source periods; archive edition 2025 · Archive source ↗
Imports - partners
USA 38%, Cyprus 31%, UK 6%, China 6%, Canada 4% (2023) note: top five import partners based on percentage share of imports
2023 source periods; archive edition 2025 · Archive source ↗
Imports - commodities
ships, refined petroleum, railway cargo containers, packaged medicine, cars (2023) note: top five import commodities based on value in dollars
2023 source periods; archive edition 2025 · Archive source ↗
Climate
subtropical; mild, humid; gales, strong winds common in winter
archive edition 2025 · Archive source ↗
Terrain
low hills separated by fertile depressions
archive edition 2025 · Archive source ↗
Land use
agricultural land: 5.6% (2023 est.) arable land: 5.6% (2023 est.) permanent crops: 0% (2022 est.) permanent pasture: 0% (2022 est.) forest: 14.4% (2023 est.) other: 80% (2023 est.)
2023, 2022 dates in source text; archive edition 2025 · Archive source ↗
Natural hazards
hurricanes (June to November)
archive edition 2025 · Archive source ↗
Languages
English (official), Portuguese
archive edition 2025 · Archive source ↗
Religions
Protestant 46.2% (includes Anglican 15.8%, African Methodist Episcopal 8.6%, Seventh Day Adventist 6.7%, Pentecostal 3.5%, Methodist 2.7%, Presbyterian 2.0%, Church of God 1.6%, Baptist 1.2%, Salvation Army 1.1%, Brethren 1.0%, other Protestant 2.0%), Roman Catholic 14.5%, Jehovah's Witness 1.3%, other Christian 9.1%, Muslim 1%, other 3.9%, none 17.8%, unspecified 6.2% (2010 est.)
2010 dates in source text; archive edition 2025 · Archive source ↗
Age structure
0-14 years: 16.4% (male 6,133/female 5,817) 15-64 years: 60.9% (male 22,247/female 22,113) 65 years and over: 22.7% (2024 est.) (male 7,021/female 9,469)
2024 dates in source text; archive edition 2025 · Archive source ↗
Urbanization
urban population: 100% of total population (2023) rate of urbanization: -0.2% annual rate of change (2020-25 est.)
2023, 2020 dates in source text; archive edition 2025 · Archive source ↗
Life expectancy at birth
total population: 82.5 years (2024 est.) male: 79.4 years female: 85.7 years
2024 dates in source text; archive edition 2025 · Archive source ↗
Electricity
installed generating capacity: 172,000 kW (2023 est.) consumption: 590.38 million kWh (2023 est.) transmission/distribution losses: 43.172 million kWh (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Electricity generation sources
fossil fuels: 99% of total installed capacity (2023 est.) biomass and waste: 1% of total installed capacity (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Petroleum
refined petroleum consumption: 4,000 bbl/day (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Carbon dioxide emissions
577,000 metric tonnes of CO2 (2023 est.) from coal and metallurgical coke: 9 metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 577,000 metric tonnes of CO2 (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Telephones - mobile cellular
total subscriptions: 68,164 (2022 est.) subscriptions per 100 inhabitants: 97 (2024 est.)
2022, 2024 dates in source text; archive edition 2025 · Archive source ↗
Broadband - fixed subscriptions
total: 23,000 (2022 est.) subscriptions per 100 inhabitants: 36 (2022 est.)
2022 dates in source text; archive edition 2025 · Archive source ↗
Airports
1 (2025)
2025 dates in source text; archive edition 2025 · Archive source ↗
Ports
total ports: 4 (2024) large: 0 medium: 1 small: 2 very small: 0 size unknown: 1 ports with oil terminals: 3 key ports: Freeport, Hamilton, Ireland Island, St. George
2024 dates in source text; archive edition 2025 · Archive source ↗
GDP - composition, by sector of origin
agriculture: 0.2% (2023 est.) industry: 4.6% (2023 est.) services: 91.5% (2023 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
2023 dates in source text; archive edition 2025 · Archive source ↗
Remittances
23.7% of GDP (2023 est.) 22.3% of GDP (2022 est.) 22.7% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities
2023, 2022, 2021 dates in source text; archive edition 2025 · Archive source ↗
CURRENCY OBSERVATIONS
Money & exchange rates
The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.
Bermudian Dollar
BMD per US$1
Published reference snapshot; its original observation date is preserved.
1 BMD = US$1
1–1 BMD per US$1 across the displayed observations. The vertical scale follows this range.
View dated observations
| Observation date | BMD per US$1 |
|---|---|
| Oct 6, 2026 | 1 |
| Oct 5, 2026 | 1 |
| Oct 4, 2026 | 1 |
| Oct 2, 2026 | 1 |
| Oct 1, 2026 | 1 |
| Sep 30, 2026 | 1 |
| Sep 29, 2026 | 1 |
| Sep 28, 2026 | 1 |
| Sep 27, 2026 | 1 |
| Sep 25, 2026 | 1 |
| Sep 24, 2026 | 1 |
| Sep 23, 2026 | 1 |
| Sep 22, 2026 | 1 |
| Sep 21, 2026 | 1 |
| Sep 20, 2026 | 1 |
| Sep 18, 2026 | 1 |
| Sep 17, 2026 | 1 |
| Sep 16, 2026 | 1 |
| Sep 15, 2026 | 1 |
| Sep 14, 2026 | 1 |
| Sep 13, 2026 | 1 |
| Sep 11, 2026 | 1 |
| Sep 10, 2026 | 1 |
| Sep 9, 2026 | 1 |
| Sep 8, 2026 | 1 |
| Sep 7, 2026 | 1 |
Daily references are not live execution prices. A check time does not change a source observation date.
CAPITAL MARKETS
Stock exchanges
No venue from our curated stock exchange directory is listed for this entity.
Browse the worldwide directory →Exchange directory coverage is curated and does not establish that an entity has no other trading venues.
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Official data & country reports
Research directories have their own coverage. A link is not a claim that every entity has an IMF report or a separate national statistical office.
SOURCES & DATES
Where the facts come from.
Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.
- Country reference
- CIA World Factbook · 2025 archive
- Archive retrieved
- Oct 6, 2026 · retrieval date, not an observation period
- Currency associations
- SIX / ISO 4217 currency registry ↗
- Rate observations
- Frankfurter / official reference providers ↗ · each observation is dated separately
- State classification
- UN member states ↗ · UN observer states ↗
- UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
- CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.
About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.
Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.
Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.