2022 National Economic Report Of Bermuda

February 21, 2023

The Ministry of Finance “estimates that Bermuda’s GDP may have grown by 3.4-3.9% in 2022″ and “estimates that Bermuda’s economy will expand within a range of 2.5 to 3.5% in 2023.

This is according to the 2022 National Economic Report, with the 29-page report spanning a number of topics including domestic demand, personal consumption and the retail sector, capital formation and the construction industry, external demand, international business, insurance sector, tourism, employment, inflation in Bermuda, balance of payments and the financial sector.

The full National Economic Report 2022 follows below [PDF here]:

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