Bermuda - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Bermuda was 112,240 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 117,740 in 2019 and 99,920 in 2014.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 103,480
2011 101,610
2012 100,100
2013 101,760
2014 99,920
2015 101,120
2016 103,620
2017 112,940
2018 117,000
2019 117,740
2020 112,240

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Bermuda was 110,200 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 118,724 in 2019 and a minimum value of 100,277 in 2011.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 104,120
2011 100,277
2012 102,806
2013 104,065
2014 102,211
2015 105,672
2016 109,920
2017 116,407
2018 116,698
2019 118,724
2020 110,200

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in Bermuda was 103,120 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between 111,662 in 2017 and 103,120 in 2020.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2014 105,206
2015 105,672
2016 105,508
2017 111,662
2018 110,043
2019 108,463
2020 103,120

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Bermuda was -4.93 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 5.83 in 2017 and a minimum value of -4.93 in 2020.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 0.44
2016 -0.16
2017 5.83
2018 -1.45
2019 -1.44
2020 -4.93

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Bermuda was 97,507 as of 2020. As the graph below shows, over the past 6 years this indicator reached a maximum value of 105,584 in 2017 and a minimum value of 97,507 in 2020.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2014 99,479
2015 99,920
2016 99,764
2017 105,584
2018 104,053
2019 102,558
2020 97,507

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Bermuda was 83,180 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 86,450 in 2019 and 70,450 in 2012.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2010 72,180
2011 71,790
2012 70,450
2013 72,180
2014 71,390
2015 74,460
2016 78,530
2017 85,190
2018 86,090
2019 86,450
2020 83,180

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in Bermuda was 78,675 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between 85,192 in 2017 and 78,675 in 2020.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2014 80,266
2015 80,621
2016 80,496
2017 85,192
2018 83,956
2019 82,751
2020 78,675

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts