Comments on: 2019 Gross Domestic Product Report Released https://bernews.com/2020/11/2019-gross-domestic-product-report/ Bermuda's #1 source for 24/7 breaking news, photos & videos Sat, 04 Apr 2026 18:04:34 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: Ringmaster https://bernews.com/2020/11/2019-gross-domestic-product-report/#comment-5388204 Mon, 02 Nov 2020 14:51:51 +0000 https://bernews.com/?p=1017580#comment-5388204 I’d say the 25% is way too low. Directly maybe but add in the economic impact locally and it must be above 50%. After all who creates the wealth to pay for the Civil Service?
Interesting that a large part of the GDP is supported by the developments at BELCO (ended) the airport (about to end) and the St Regis. What is going to replace them in 2020 and going forward? The secretly funded arbitration centre?
Maintenance on Government buildings? Even without the Covid effect GDP will fall substantially.

]]> By: Joe Bloggs https://bernews.com/2020/11/2019-gross-domestic-product-report/#comment-5388180 Mon, 02 Nov 2020 09:51:29 +0000 https://bernews.com/?p=1017580#comment-5388180 “International Business Activity remained the top contributor with 25.2 per cent of the overall GDP.”

That is probably worth bearing in mind the next time someone wants to lash out at the International Business community. More than 1/4 of our GDP comes from their work.

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