Bermuda Gross Savings

Indicator note: Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Source organization: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB)

Metadata fetched: 2026-09-27 05:45:43. Open original metadata response.

Source revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.

Bermuda recorded 43,42 percent of GDP in 2023, the latest year available in this series.

Compared with 2022, the gross savings increased by 3,30.

Across the latest five-year comparison window, the series shows an upward direction.

Across 8 observations from 2016 to 2023, the average was 40,44; the minimum was 38,45 in 2019 and the maximum was 43,42 in 2023.

Bermuda ranks 6 out of 180 countries with a current value in the portal ranking.

The latest value is above the available average for North America.

It is also above the available average for the High income group.

Domestic saving capacity and financing potential.