Bermuda | Aurato

Bermuda
`mkt_bm`

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Bermuda’s international-business economy produced GDP per capita of about US$142,300 in 2024 despite its small resident population. The Bermuda dollar trades at parity with the US dollar, linking local bank payments and merchant card acceptance to substantial overseas financial ties.

Population

65K

GDP

$9.2B

GDP per Capita

$142K

GDP Growth

3.2%

Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Bermuda

Bermuda pairs broad card acceptance with local and US dollars at parity. Most cash machines dispense Bermuda dollars, while some bank ATMs offer US notes; physical cash continues to be useful for small purchases and local transport.

ATMs (PER 100K)

45.3

BANKS (PER 100K)

21.0

DEBIT CARDS (PER ADULT)

1.9

CREDIT CARDS (PER ADULT)

0.9

Compare

IMF, Financial Access Survey (FAS), 2025