Bank net interest margin in Bermuda
Bermuda: Bank net interest margin was 2.1% in 2021. ▲ Rising
Bank net interest margin in Bermuda, 2010–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Bermuda recorded 2.1% for bank net interest margin in 2021.
That represents a change of down 13.7% on the previous year and down 7.8% over ten years.
Over the whole period, bank net interest margin in Bermuda peaked at 3.2% in 2018 and was at its lowest, 1.9%, in 2015.
Bermuda ranks 114th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Bank net interest margin in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 2.2% | — |
| 2011 | 2.3% | +2.3% |
| 2012 | 2.2% | -2.5% |
| 2013 | 2.2% | -2.9% |
| 2014 | 2.2% | +0.8% |
| 2015 | 1.9% | -13.2% |
| 2016 | 3.1% | +64.0% |
| 2017 | 2.8% | -9.8% |
| 2018 | 3.2% | +12.8% |
| 2019 | 3.0% | -5.7% |
| 2020 | 2.5% | -18.0% |
| 2021 | 2.1% | -13.7% |
Bermuda compared with similar countries
- Bermuda's 2.1% is above the median for high income countries, which is 1.9%, 1.1× the median. (62 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.5% | 1.9% | 3.2% | 10 |
| 2020s | 2.3% | 2.1% | 2.5% | 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 net interest margin in Bermuda?
- Bank net interest margin in Bermuda was 2.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Bermuda?
- The highest recorded value was 3.2% in 2018.
- What is the lowest bank net interest margin recorded in Bermuda?
- The lowest recorded value was 1.9% in 2015.
- How does Bermuda rank for bank net interest margin?
- Bermuda ranks 114th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Bermuda?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.