Bank cost to income ratio in Bermuda
Bermuda: Bank cost to income ratio was 69.1% in 2021. ▼ Falling
Bank cost to income ratio in Bermuda, 2009–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Bermuda recorded 69.1% for bank cost to income ratio in 2021.
The figure is up 5.5% on the previous year and up 0.9% over ten years.
Over the whole period, bank cost to income ratio in Bermuda peaked at 84.2% in 2009 and was at its lowest, 60.0%, in 2010.
Bermuda ranks 20th of 169 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Bank cost to income ratio in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 84.2% | — |
| 2010 | 60.0% | -28.8% |
| 2011 | 68.5% | +14.3% |
| 2012 | 65.6% | -4.3% |
| 2013 | 63.1% | -3.8% |
| 2014 | 64.9% | +2.9% |
| 2015 | 66.4% | +2.2% |
| 2016 | 69.6% | +4.9% |
| 2017 | 62.5% | -10.2% |
| 2018 | 62.6% | +0.1% |
| 2019 | 64.0% | +2.3% |
| 2020 | 65.5% | +2.4% |
| 2021 | 69.1% | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.2% | 84.2% | 84.2% | 1 |
| 2010s | 64.7% | 60.0% | 69.6% | 10 |
| 2020s | 67.3% | 65.5% | 69.1% | 2 |
Countries ranked near Bermuda
More financial sector data for Bermuda
- Net migration, annual growth rate 60 % change on previous year (2025)
- Net migration -2 (2025)
- Official exchange rate 1 LCU per US$, period average (2025)
- GDP deflator: linked series 129.48 base year varies by country (2024)
- Inflation, GDP deflator: linked series 4.9% (2024)
- GDP deflator: linked series (base year varies by country), annual 4.9 % change on previous year (2024)
- Reserve assets 211.49 million US dollar (2023)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 15.85 billion US dollar (2023)
- Reserve assets (Assets, Positions, US dollar), annual growth rate -3.04 % change on previous year (2023)
Frequently asked questions
- What is bank cost to income ratio in Bermuda?
- Bank cost to income ratio in Bermuda was 69.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Bermuda?
- The highest recorded value was 84.2% in 2009.
- What is the lowest bank cost to income ratio recorded in Bermuda?
- The lowest recorded value was 60.0% in 2010.
- How does Bermuda rank for bank cost to income ratio?
- Bermuda ranks 20th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Bermuda?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.