Analysis by Region - Emerging Markets - Bermuda

Analysis by Region - Emerging Markets - Bermuda

We expect Bermuda's GDP to expand by 3.2% in 2022, which continues to be in line with average expected growth for Caribbean economies as they recover from the coronavirus pandemic. However, this positive outlook is dependent on Bermuda's year-end tourism statistics rebounding from 2021 levels, when the number of leisure air visitors was down 71.2% and cruise arrivals were 97.3% below 2019 levels.